The So What from BCG cover image

The So What from BCG

Do Pharma CEOs Have the Prescription for a Net Zero World?

Nov 22, 2023
CEOs of Novo Nordisk and AstraZeneca discuss the Sustainable Markets Initiative Health Systems Task Force, decarbonizing the supply chain, and innovation in the pharmaceutical industry towards achieving a net-zero world.
24:33

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Quick takeaways

  • The Sustainable Markets Initiative (SMI) Health Systems Task Force aims to decarbonize the healthcare sector through efforts such as reducing energy consumption and leveraging digital healthcare to improve patient outcomes and lower carbon emissions.
  • Collaboration and joint efforts across various stakeholders in the healthcare industry, including pharmaceutical companies, energy companies, and hospitals, are essential to reducing carbon emissions and promoting sustainable practices in the sector.

Deep dives

Climate Change and Global Health

Climate change poses a significant threat to humanity and the environment, with various health issues like cancers, respiratory diseases, cardiovascular diseases, and infections directly linked to carbon emissions and climate change. The healthcare sector itself is a significant contributor to carbon emissions, raising concerns about its impact on both climate and health. The Sustainable Markets Initiative (SMI) Health Systems Task Force, a public-private partnership, has been established to address the decarbonization of the healthcare sector, involving pharmaceutical companies, WHO, NHS, and academic institutions. Efforts are being made to decarbonize the supply chain, reduce energy consumption, leverage digital healthcare, and focus on early diagnosis and intervention to improve patients' health outcomes, reduce hospitalizations, and lower carbon emissions.

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