Telephone 01260 226 610
Mobile 07429 652 970

White Papers

White Papers

In-depth, expert analysis on the changing landscape of investments around the world. Leading asset managers reports uncover trends, highlight changes and consider future strategic impact.

BMO Global Asset Management | Breaking Bad: Business ethics in the pharmaceutical sector

Business ethics breaches have emerged as the most material ESG concern for investors in the pharmaceutical and broader healthcare sector, and has been the key focus of our engagement with the sector in recent years. The industry has been repeatedly become embroiled in allegations with regards to marketing and sales related fraud and other lapses in compliance.

Companies have been hampered by substantial risks and mounting costs associated with the prosecution by authorities. We estimate that $50 billion have been paid out by leading pharmaceutical companies in
the past decade in conduct related regulatory, settlements fines and costs.

Company: BMO
Date added: 20-07-2018
Sector: Environmental, social and governance (ESG)