We helped a global pharmaceutical client to integrate corporate responsibility into its core business strategy and operational processes to improve corporate risk management
Our client, a global pharmaceutical manufacturer, identified a disconnect between its business strategy and its approach to managing strategic social and environmental risks and opportunities across its businesses.
Our approach involved:
- A review of existing processes for identifying and managing social and environmental risks and opportunities
- A review of strategic planning and corporate risk management processes
- Benchmarking the best practices of ten leading companies
- Developing five strategic thrusts to better align sustainability with business strategy
The project strengthened recognition and integration of material sustainability opportunities and risks into core business strategy planning, and improved the corporate risk management process.