India, April 1 -- The World Health Organization pointed to climate change as humanity's biggest threat. The European Green Deal and the Paris Agreement have triggered several regulations in the pharma industry. Additionally, the recently concluded COP28 stresses building partnerships such as the Alliance for Transformative Action on Climate and Health to establish green health systems globally and collaboration with community and healthcare providers to mitigate health impacts because of climate change. These regulations require pharma companies to become more environmentally sustainable.

Pharma and biotech companies are recognised as a significant contributor of greenhouse gas (GHG) emissions due to their supply chain and manufacturing ...