Pharmaceutical

The Value of Supply Chain Sustainability

Pressures to manage sustainability risks are intensifying on a global scale, and the Pharma industry is no exception. Sustainable Procurement managers are facing urgent challenges to meet stakeholder demands while they transition from the old ‘blockbuster drug’ model to a new competitive landscape.

In addition to risks, such as revenue loss and heightened scrutiny, emerging models are exposing new issues – such as shorter product cycles, customized medicines, emerging markets with lower margins,
and compressed margins in primary markets.

Improve Performance & Reduce Costs
Drive Innovation & Growth
Manage Risk & Protect Your Brand

Download the Business Case Guide

Our Customers

Customer Stories

Responsible Health Initiative, powered by EcoVadis

Three leading health and pharmaceutical companies, GlaxoSmithKline, Teva, Takeda, launched the Responsible Health Initiative along with EcoVadis. The mission of the new sector initiative is to use collaboration and technology to improve the visibility, efficiency and sustainability impact of the global health supply chain.

Solving A Challenging Problem

EcoVadis brings a global service solution that breaks through limitations of redundant questionnaires, un-actionable self-assessment data, and expensive site audits.

Platform Overview

Scorecard

The EcoVadis scorecards help companies monitor suppliers’ CSR practices across 250+ purchasing categories and 185+ countries. The assessment framework is customized for each company according to their activities, size, and geographic location for operations.

Monitoring

Access dashboards to monitor performance of your portfolio by buyer, category, or custom filters. Request assessments, create reports, export data, and engage your team in your risk and performance goals and initiatives.

Benchmark

Benchmark supplier performance per theme by purchasing category or country.

Action Plans

Access action plans to start a dialogue between buyers and suppliers on actions taken by the supplier to improve their CSR performance.