Sustainability in the Industry
Pharmaceutical Industry
Impacts, Risks and Opportunities
Sustainability in Pharmaceutical Industry
Climate change impacts public health. Pharmaceutical companies are responding to keep people healthy with prevention, medicines and vaccines. At the same time, this industry is responsible for four to five percent of net emissions worldwide. Manufacturers have set concrete goals to reduce greenhouse gas emissions along the patient supply chain.
This includes switching to renewable energies as well as reducing high energy consumption and developing specific standards that encourage suppliers to decarbonize and produce raw materials. It is important to reduce environmentally harmful residues during production. Manufacturing and product design lead the way to a circular economy; Procurement and logistics are looking for more environmentally friendly options for transporting goods.
This includes switching to renewable energies as well as reducing high energy consumption and developing specific standards that encourage suppliers to decarbonize and produce raw materials. It is important to reduce environmentally harmful residues during production. Manufacturing and product design lead the way to a circular economy; Procurement and logistics are looking for more environmentally friendly options for transporting goods.
The focus is on social aspects such as affordable access to medicines for poorer people, children and the population in emerging countries, higher storage temperatures and security of supply as well as the handling of clinical studies and pricing. Prevention through healthy lifestyles, digital apps and avoiding negative interactions is another trend. The effectiveness and combating of major diseases, e.g. through new processes, is the industry’s main lever for society. Transformation succeeds with better operational processes and ensuring affordable, effective healthcare.
The industry includes, for example, manufacturers of pharmaceutical raw materials, specialties and other products.
The industry includes, for example, manufacturers of pharmaceutical raw materials, specialties and other products.
Industry Materiality
Key Fields and Topics in the Industry
Climate
Climate protection
Resources
Water
Nature
Pollution
Society
End-consumers
EU NACE Classification
Industry NACE Classes
Unsure if the industry is the right one? A comparison with the EU’s granular NACE classification Rev. 2.1 provides clarity.
Included NACE classes in the industry
C 21.1 Manufacture of basic pharmaceutical products
C 21.10 Manufacture of basic pharmaceutical products
C 21.2 Manufacture of pharmaceutical preparations
C 21.20 Manufacture of pharmaceutical preparations
PROFILE PREVIEW
Need more details?
Get the free company profile preview for your Industry
Request the free PDF and we will send it by email to you.
Select the industry, the profile type and the required document language:
PROFILE CREATION
Create your company profile in Pharmaceutical Industry
Select this industry and create your company profile to participate in industry ecosystems like the DNP.