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ESG becoming

a key focus

Diversity and

inclusion

Environmental

considerations

The war in

Ukraine

44% of respondents said they operate sustainable business practices.

ESG is becoming a key focus

“ESG overall is a huge area for all companies, and

not just in the healthcare and life sciences sector.

As lawyers we’re only in the foothills of it.”

Sonali Siriwardena: best practices on ESG topics.

Diversity and inclusion

Firmly on the sector’s radar and seen as a primary ESG focus, impacting HR and talent strategies but also governance as a whole.

of respondents said they have equitable pay measures.

Environmental considerations

Green is the way to go. Many respondents recognise the importance of having sustainable credentials, even if it isn’t yet a top priority at all healthcare and life sciences companies.

44% of respondents already operate

sustainable business practices and many

understand the reputational aspects of ESG.

The war in Ukraine

Unquestionably an area of concern for the sector with 32% of respondents stating that they are relocating clinical trials that were set to take place in the region. An additional 33% are coordinating the humanitarian response to Ukraine. But it does not mean all healthcare and life sciences companies are pulling out of Russia. As one expert states: “Healthcare supersedes politics.”