Thematic Intelligence: Net Zero Strategies in the Pharmaceutical Sector
Thematic Intelligence: Net Zero Strategies in the Pharmaceutical Sector
Summary
Companies achieve net zero emissions by cutting greenhouse gas emissions to as close to zero as possible, with any remaining emissions then “offset.” The 18 major pharmaceutical companies analyzed in this report have committed to a target for reducing emissions or achieving net zero emissions. Most pharmaceutical companies have started reducing Scope 1 and 2 emissions by using more renewable energy reducing the carbon footprints of their products. Pharmaceutical companies are also setting targets for suppliers to adopt emissions targets.
All major pharmaceutical companies have committed to reducing their greenhouse gas emissions. To achieve these goals they are adapting their operations and products and are increasingly engaging with suppliers to reduce emissions across their supply chain.
Scope
This report provides an overview of the greenhouse gas emissions reduction targets, data, and strategies of 18 leading pharmaceutical companies.
Understand how pharmaceutical companies are investing to achieve net zero and how this will impact their supply chains. Understand the key climate risks that pharmaceutical companies face. Benchmark emissions data and targets and see which companies are leading in reducing emissions.
Reasons to Buy
Understand the environmental footprint of pharmaceutical operations
Enhance the company's reputation by demonstrating a commitments to environmental responsibility
Gain insights into current environmental regulations
Executive Summary
Why Pharmaceutical Companies Need a Net Zero Strategy