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15. Green Investments in Pharmaceutical Industry

  • 2025
  • OriginalPaper
  • Chapter
Published in:
Author
B Rajesh Kumar
Published in
Green Finance
Publisher
Springer Nature Switzerland

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Abstract

This chapter delves into the significant green investments and sustainability initiatives undertaken by six major pharmaceutical companies: Pfizer, Johnson & Johnson, AstraZeneca, Merck, Novartis, and Bristol Myers Squibb. The focus areas include reducing greenhouse gas emissions, transitioning to renewable energy sources, improving waste management, and enhancing environmental stewardship across their operations. The text highlights specific projects such as Pfizer's $12.5 billion sustainability bond, Johnson & Johnson's commitment to sourcing 87% of global electricity from renewables, and AstraZeneca's Ambition Zero Carbon strategy. It also explores Merck's sustainability financing framework, Novartis's transition plan to become net zero by 2040, and Bristol Myers Squibb's initiatives to drive operational efficiencies and increase productivity. The chapter concludes with a comparative analysis of these companies' efforts, emphasizing the importance of sustainability in the pharmaceutical industry and the innovative approaches being employed to achieve environmental goals.
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previous chapter Case Study Sustainable Finance in Energy Sector
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Title
Green Investments in Pharmaceutical Industry
Author
B Rajesh Kumar
Copyright Year
2025
Book
Green Finance

Print ISBN: 978-3-032-03332-1

Electronic ISBN: 978-3-032-03333-8

Copyright Year: 2025

DOI
https://doi.org/10.1007/978-3-032-03333-8_15
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