Life Sciences & Healthcare companies are responding to pressure from a variety of stakeholders to adopt ESG strategies by reviewing all aspects of their business - from procurement to product development, supply chain to service delivery. Examining existing and future relationships with suppliers is a key part of ESG-compliance. A common method adopted by Life Sciences & Healthcare companies is the inclusion of ‘ESG clauses’. This article, the latest in our Healthy Horizons guide explores the various types of ESG clauses, how they can be enforced and the next steps for businesses operating in the sector.
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