Novartis AG at Novartis Co-Creating Impact Summit (Virtual) - Morning Session Transcript

Dec 02, 2021 / 07:00AM GMT
Lutz Hegemann - Novartis AG - Group Head of Corporate Affairs & Global Health

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social and governance considerations into our core business because we believe that taking ESG at the heart of our business helps reduce risk, it drives value and impact. And fundamentally, it's the right thing to do for humanity. We believe that it starts with a very clear purpose, which we have defined together with our associates and with external stakeholders, and we see our mandates to innovate with new medicines and to make them available to as many patients as possible. And we have validated this also as an external expectation from stakeholders over and over again, for instance, through our materiality analysis where we just completed the most recent analysis a few months ago and which I'm sure will be subject of discussion throughout the day.

While articulating this intent of ESG business integration, it's relatively easy to do, doing it is certainly hard work and very continuous efforts. And here at Novartis, we certainly don't claim [this] on a learning journey, trying new

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