Novartis AG
Pharmaceuticals
Company Summary
Novartis, a global leader in pharmaceuticals, has made substantial commitments to ESG principles, particularly in healthcare accessibility and sustainability. The company has set ambitious goals to reduce its carbon emissions and achieve net-zero emissions by 2030, alongside efforts to ensure affordable healthcare for underserved communities. Novartis’ ESG rating highlights its contributions to innovative treatments and global health. However, the company faces criticism regarding drug pricing and its historical ties to controversies over opioid distribution in some markets. Novartis' ESG score reflects a strong focus on environmental and social responsibility, but it must address governance and pricing concerns to further enhance its credibility. The latest Novartis ESG report provides insights into the company’s sustainability and social impact efforts.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
FAQ
What is Novartis' ESG score?
Novartis has an ESG score of 76/100 (according to Sustainalytics), reflecting its efforts in improving global healthcare while minimizing environmental impact.
How does Novartis manage ESG factors?
Novartis manages ESG factors by focusing on reducing its environmental footprint, ensuring ethical business practices, and improving access to essential medicines worldwide.
What social responsibility programs does Novartis have?
Novartis' social responsibility programs include initiatives focused on providing affordable healthcare, improving access to essential medicines, and addressing global health challenges through collaborations.