Dublin, Feb. 26, 2024 (GLOBE NEWSWIRE) -- The "Growth Opportunities and Business Models Driving Sustainability in Pharmaceuticals Industry" report has been added to ResearchAndMarkets.com's offering.
This study focuses on sustainability in the pharmaceutical industry and offers a detailed discussion on the implementation of the 6P framework, namely, policies, products, processes, people, partnerships, and platforms, by pharma value chain companies for their ESG strategy implementation and the fulfillment of United Nations Sustainable Development Goals (SDGs).
The study includes key global and regional regulations and analyst perspectives on the policies and their implications for pharmaceutical industry participants and other healthcare stakeholders.
The pharmaceutical (pharma) industry is undergoing significant regulatory changes resulting from the European Green Deal and the Paris Agreement. These changes require pharma companies to adopt more environmentally sustainable practices. With the increasing demand for drugs globally, pharma R&D and manufacturing infrastructure have grown, leading to a larger environmental footprint and rising greenhouse gas (GHG) emissions. As a result, regional environmental regulations have become more stringent in response to these developments.
Additionally, post-COVID-19, pharma companies have become more aware of the importance of sustainability and are adopting measures to achieve their environmental, social, and corporate governance (ESG) goals. Companies are aligning their operations with changing regulations to stay competitive in the market. Notably, investors are increasingly focused on ESG credit ratings, preferring to fund companies based on their sustainability efforts, climate-related disclosures, and corporate social responsibility practices.
The study discusses key trends and factors driving the growth of the sustainability program as well as restraints to adoption and their implications. The study identifies the most prevalent and emerging business models that are supporting industry stakeholders in enhancing their sustainability practices and maps the best practices to 6P implementation and SDG Goal fulfillment. Pharma industry companies to action in the sustainability space are provided, and the ESG programs are mapped against the 6P framework.
Segmentation is based on the sustainability initiatives of pharma value chain companies across research (products), manufacturing (processes), and packaging and distribution (partnerships), covering detailed analysis of each segment's current focus, future implications, and prospects for stakeholders.
The ESG focus, unique sustainability initiatives, and 6P implementation case studies of Johnson & Johnson, Astra Zeneca, Pfizer, Piramal Pharma Solutions, and Amcor are discussed. The study concludes with a detailed discussion of growth opportunities in the sustainability space.
Growth Opportunity Universe
- Growth Opportunity 1: Sustainable Research, Benign-by-Design
- Growth Opportunity 2: Carbon Footprint Reduction in the Pharma Value Chain
- Growth Opportunity 3: Platforms for ESG-based Growth Strategy
- Growth Opportunity 4: Managing Pharma Waste Sustainably
Key Topics Covered:
Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of the Top 3 Strategic Imperatives for Sustainability in the Pharmaceuticals Industry
- Growth Opportunities Fuel the Growth Pipeline Engine
Growth Opportunity Analysis
- Scope of Analysis
- The 6P Framework for Sustainability and CE Practices in Pharma
- Segmentation by Initiatives across the Pharma Value Chain
- Growth Drivers
- Growth Restraints
- Achieving Sustainability across the Pharma Value Chain
- Overview: GHG Emission Scopes
- Global Policy Driving Sustainability
- Regional Policies/Initiatives Driving Sustainability
- Policy - Impact Analysis
- Trends Advancing Sustainability in the Pharma Value Chain
- Business Models for Achieving Sustainability
- Top 4 Business Models - Impact Summary
- Companies to Action - Alignment to SDGs and the 6P Framework
Sustainable Research: Product
- Overview - Products for Sustainability
- Future Focus Areas - Sustainable Research
- Products-in-focus - Eco-friendly Research Solutions
- Sustainable Feedstocks - R&D in Marine-derived Pharma Products
- Sustainable Manufacturing: Processes
Sustainability in Manufacturing - Touchpoints
- Overview - Processes for Achieving Sustainability
- Future Focus Areas - Sustainable Manufacturing
- Processes-in-focus - Technology Implementation for Decarbonization
- Future Prospect of Intelligent Tools in the Pathway of Policy to Platform
Sustainable Packaging & Distribution: Partnerships
- Partnerships as a Business-to-business Opportunity for Achieving Sustainability
- Future Focus Areas - Sustainable Packaging and Distribution
- Partnerships-in-focus - Life Cycle Assessment (LCA) for CE
- Future Prospect - Technology-enabled Design Innovation
6P Implementation
- J&J
- AZ
- Pfizer
- PPS
- Amcor
For more information about this report visit https://www.researchandmarkets.com/r/7yha98
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