Life sciences companies are increasingly focused on building out and communicating their sustainability commitments and goals to their various constituents – patients, customers, investors and regulators. As life sciences companies seek to navigate the evolving environmental, social, and governance (ESG) landscape, they turn to Sidley for guidance. Sidley works with life sciences companies to manage all aspects of this complex area globally, including the regulatory requirements that are inherent in the ever-changing global ESG landscape— from expanded access to medicines, to reducing waste and improving transparency in the supply chain.
Environmental Law “Law Firm of the Year”
U.S. News – Best Lawyers “Best Law Firms” 2023
How We Add Value
Compliance with sustainability requirements and the achievement of ESG goals require a systematic and organized approach, as well as deep knowledge of both the life sciences sector and the ESG/sustainability legal landscape. Sidley’s multidisciplinary Global Life Sciences team is well-positioned to assist life sciences companies with the interconnected issues stemming from ESG regulations. We provide targeted ESG strategies to help clients anticipate and prepare for regulatory and enforcement issues on a multinational scale and ensure compliance across jurisdictions.
Leveraging our breadth of experience, global perspective, and deep industry knowledge of the ESG landscape, we assist companies in conducting gap analyses, developing programs to respond to and comply with complex ESG requirements and developing or enhancing policies and procedures required to meet such ESG commitments as achieving net-zero targets, limiting the use of natural resources, and reducing waste. Our Global Life Sciences team regularly advises on the most pressing social issues material to Life Sciences companies, including options to improve existing manufacturing processes while maintaining high levels of quality assurance and complying with the GxP requirements applicable throughout the product lifecycle. We also help address diversity requirements introduced by regulators, including by designing and implementing plans to ensure broader participation of underrepresented racial and ethnic populations in clinical trials. The Sidley Global Life Sciences team recognizes that with the complexity of managing a worldwide ESG program, a global multidisciplinary and industry-specific approach is necessary; we partner with life sciences companies to meet these demands holistically. Our lawyers also have extensive experience in tackling the corporate governance challenges faced by the Life Sciences industry, including by developing tailored compliance programs and advising corporate management, boards of directors and board committees on corporate responsibility, fiduciary duties, and board oversight responsibilities.
1 of only 4 firms ranked Band 1 worldwide for Crisis Management
Chambers Global 2023, Crisis & Risk Management
About Our Team
Our Global Life Sciences practice, including our Healthcare and Food, Drug, and Medical Device regulatory and compliance and enforcement practices, bring to bear a multidisciplinary approach and diverse pool of skillsets, informed by a deep understanding of the life sciences sector from both a business and legal perspective. Our teams across the globe include members with decades of governmental, medical, and in-house experience, giving us insights into the expectations of regulatory authorities as well as the needs and challenges faced by global companies.
Our ESG experience — combined with our extensive network of resources and our longstanding relationships with leading industry associations such as EFPIA, EU MedTech, and PhRMA — enables us to effectively advocate for, and provide guidance to, our clients. We have counseled and represented biotechnology, biopharmaceutical, and medical technology clients on countless ESG/sustainability regulatory and compliance issues, from advising on ESG-related disclosures and negotiating shareholder proposals relating to ESG topics, to ensuring compliance with the most recent ESG regulations and developing tailored policies and procedures.
“Sidley has a broad range of expertise and a deep understanding of environmental regulations.”
Chambers USA 2023, Nationwide Environment
Integrated Service Offering
Sidley’s Global Life Sciences ESG and sustainability platform encompasses in-depth knowledge of managing risks throughout the life sciences product value chain, including practical insight into:
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