Pursuing ESG in the Life Sciences Sector

DLA Piper’s Life Sciences Sector, in partnership with The University of Texas Global Sustainability Leadership Institute (UTGSLI), is pleased to announce the publication of the Life Sciences ESG Handbook, designed for global and domestic life sciences sector companies in the United States.

We believe this handbook, the first in a sector-specific series, can be beneficial to life sciences companies of all sizes. We also hope that this handbook helps policy makers, academics and other interested parties to understand better the topics of sustainability and ESG as they relate to the life sciences sector.

In the last three years, our world has endured, and continues to endure, numerous events that directly or indirectly have profound impacts on the life sciences sector. Businesses and their leaders can expect that our complex, interdependent world will continue to experience ongoing shocks that may be unpredictable and sometimes volatile and destructive.

Meanwhile, new technologies continue to disrupt businesses and change people’s lives in ways that would have been hardly recognizable at the beginning of the millennium.

Companies within the life sciences sector must simultaneously plan for the long term while organizing and operating in ways that enable them to rapidly respond, adapt and innovate in our modern world. Incorporating ESG topics into both short- and long-term strategic planning and related initiatives while communicating progress on ESG topics can help life sciences companies manage resources better, engage more effectively with stakeholders, and adapt to, and comply with, changing (and often conflicting) regulations in the US and abroad.

We and our partners at UTGSLI hope this handbook will provide some clarity and guidance on these complex topics and contribute to your company's success. To learn more about the topics covered in this handbook, please contact John J. Gilluly, Ann K. Ford or Brooke Goodlett.