New Pressures on the
Pharmaceutical Industry


Pressures around 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.

Protect Your Brand, Manage Risk

Protect Your Brand, Manage Risk

There are multiple brand touch-points -- from recruiting and selecting the best researchers, materials and manufacturing suppliers, distribution partners, managing physician and provider relationships, to end patient -- which are exposure points for brand and reputation risk.

Improve<br />Performance

Improve
Performance

Expectations for pharma are rising. All stakeholders - regulators, customers, investors, employees, and NGOs want to see transparency on CSR/ESG issues as well as improvement and progress.

Reduce Costs, Drive Innovation & Growth

Reduce Costs, Drive Innovation & Growth

Drug delivery is becoming ever more sophisticated, pushing the envelope of innovation from manufacturing, packaging, transport, and storage - posing new challenges for sustainable practices.

Pharma Leaders are Finding
a Common Solution

 

Already nine of the top 25 pharma/biotech companies are using CSR ratings from EcoVadis as the backbone of their supplier and 3rd party assessment initiatives.

 


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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

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Scorecard & Monitoring Tools

The EcoVadis solution combines our powerful ratings platform with a complete portfolio of turnkey services to empower your team to make the best procurement decisions

CSR Scorecard

The scorecard shows you the CSR performance of each supplier on 21 CSR indicators grouped in 4 themes (Environment, Labor & Human Rights, Ethics, and Sustainable Procurement) assessed from 1 to 100.
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CSR Scorecard
Benchmark

Benchmark

The Benchmark tool allows you to compare one supplier to others within the same purchasing category or within the same country.

Strengths and Improvement Areas

This section provides more details and insights into the 4 theme scores. For each theme the company assessed is assigned Strengths (positive elements of the CSR management system) and Improvement Areas (elements that need to be improved).

Strengths and Improvement Areas
Corrective Action Plan

Corrective Action Plan

This collaborative tool helps with developing Action Plans, a starting point for an effective dialogue between buyers and suppliers on actions taken by the supplier to improve their CSR performance.

Dashboards & Monitoring

The Dashboards allow you to monitor performance, track improvements, manage your coverage, and deep dive by geography, sector, or activity.

Dashboards & Monitoring