ESG Framework for Healthcare Industry (PowerPoint PPTX)

ESG is the next big thing of consideration for the stakeholders and shareholders of any established business organization. This document provides key sustainability factors and their performance indicators with weightages for the Healthcare Industry including its subsectors.

Majorly it covers:

1. Material Environmental (e.g., Waste management, GHG Emissions) and Social Risk Factors (e.g., Product & Service Safety, Accessibility and affordability, Customer and community engagement, Data Privacy, Talent Attraction and Retention) for the Healthcare Industry

2. Weightage Framework for Sustainability Factors across the subsectors of the Healthcare Industry (i.e., quantitative indicators to assess performance of the company)

3. Key Performance Indicators for Sustainability Factors across the subsectors of the Healthcare Industry (i.e., detailed list of performance indicators)


Subsectors within the Healthcare Industry covered in this document are as the following:

1. Pharma and Biotech – Includes companies that develop, manufacture, distribute or market branded pharmaceuticals, therapies, or generic drugs, and contract drug manufacturers (CDMOs).

2. Healthcare Equipment and Supplies/Life Sciences – Includes companies that develop, manufacture, and market medical, surgical and dental devices and instruments, including consumable items, implantable devices, conventional supplies (for example, gowns, gloves, bandages, syringes) and capital equipment used by health care providers; contract manufacturers of health care equipment are also included in this subsector. Life science companies develop, manufacture, and market laboratory equipment, instruments, reagents, and diagnostic test.

3. Healthcare Providers and Services. Includes for-profit and not-for-profit entities engaging in the delivery of health care to patients. Hospitals, ambulatory surgery centers, skilled nursing facilities, urgent care clinics and other health care service providers.

This document is helpful for:

1. Identifying the most material environmental and social risks applicable to healthcare organizations
2. Assessing the materiality of those risks across the industry's value chain
3. Reflecting those factors through key performance indicators with weightage framework
4. Selecting performance indicators (quantitative) to assess a company's performance relative to its industry peers