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.
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.

Industry Materiality

Key Fields in the Industry 

Sustainability is different by industry. Learn key material transformations fields in Pharmaceutical Industry.

Society

Nature

Climate

 

You can find more details on the fields and criteria for Pharmaceutical Industry with score4more explore.

 

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

YOUR OPTIONS FOR THE INDUSTRY 

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