Growth Opportunities and Business Models Driving Sustainability in Pharmaceuticals Industry

Growth Opportunities and Business Models Driving Sustainability in Pharmaceuticals Industry

Eco-friendly Products, Design Innovation, and Multi-stakeholder Partnerships Support Sustainability Initiatives

RELEASE DATE
09-Jan-2024
REGION
Global
Deliverable Type
Market Research
Research Code: PFA4-01-00-00-00
SKU: HC_2023_504
AvailableYesPDF Download
$2,450.00
In stock
SKU
HC_2023_504

Growth Opportunities and Business Models Driving Sustainability in Pharmaceuticals Industry
Published on: 09-Jan-2024 | SKU: HC_2023_504

Need more details?
$2,450.00
DownloadLink
Need more details?

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 has 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.

This Frost & Sullivan 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 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.

Author: Supriya Lala Kundu

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives for Sustainability in the Pharmaceuticals Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

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

Global Policy Driving Sustainability (continued)

Regional Policies/Initiatives Driving Sustainability

Regional Policies/Initiatives Driving Sustainability (continued)

Regional Policies/Initiatives Driving Sustainability (continued)

Regional Policies/Initiatives Driving Sustainability (continued)

Policy—Impact Analysis

Policy—Impact Analysis (continued)

Policy—Impact Analysis (continued)

Policy—Impact Analysis (continued)

Trends Advancing Sustainability in the Pharma Value Chain

Trends Advancing Sustainability in the Pharma Value Chain (continued)

Business Models for Achieving Sustainability

Business Models for Achieving Sustainability (continued)

Business Models for Achieving Sustainability (continued)

Top 4 Business Models—Impact Summary

Companies to Action—Alignment to SDGs and the 6P Framework

Companies to Action—Alignment to SDGs and the 6P Framework (continued)

Companies to Action—Alignment to SDGs and the 6P Framework (continued)

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

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

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

J&J

AZ

Pfizer

PPS

Amcor

Growth Opportunity 1: Sustainable Research, Benign-by-Design

Growth Opportunity 1: Sustainable Research, Benign-by-Design (continued)

Growth Opportunity 2: Carbon Footprint Reduction in Pharma Value Chain

Growth Opportunity 2: Carbon Footprint Reduction in Pharma Value Chain (continued)

Growth Opportunity 3: Platforms for ESG-based Growth Strategy

Growth Opportunity 3: Platforms for ESG-based Growth Strategy (continued)

Growth Opportunity 4: Managing Pharma Waste Sustainably

Growth Opportunity 4: Managing Pharma Waste Sustainably (continued)

List of Exhibits

Legal Disclaimer

Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

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 has 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. This Frost & Sullivan 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 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. Author: Supriya Lala Kundu
More Information
Deliverable Type Market Research
Author Supriya Lala Kundu
Industries Healthcare
No Index No
Is Prebook No
Keyword 1 Pharmaceutical Industry Trends
Keyword 2 Pharmaceutical Sustainability Models
Keyword 3 Sustainability in Healthcare
Podcast No
WIP Number PFA4-01-00-00-00