New report on pharma industry in India

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31-03-16 13:33 | Responsible investment

Impacts of Pharmaceutical Pollution on Communities and Environment in India

As part of our engagement with pharmaceutical companies and their supply chain management in India and a follow-up to the video about Nordea’s visit to Hyderabad and Visakhapatnam in April 2015, we commissioned an on-the-ground investigation in Hyderabad and Visakhaptanam in early 2016. The resulting report documents and show local impacts of drug pollution and severe contamination of waterways and agricultural lands. Again, the evidence shows that the situation is very serious. The effluent treatments systems set up are inefficient and there is systematic dumping of chemical effluent in rivers, lakes and groundwater by the pharmaceutical sector.

The report draws links between polluting manufacturers and some of the large multinational pharmaceutical companies they have dealings with. But the report also concludes that the lack of transparency in pharmaceutical supply chains makes it almost impossible to map the journey of a pharmaceutical product from factory to pharmacy shelf.

We will continue our dialogue with the pharmaceutical companies.

Download the report here (pdf, 10 MB).

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