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Within the Life Science industry, managing the lifecycle of information is critical to driving true sustainability and positive environmental impacts.
With Life Sciences dealing with the unique challenges and innovations of biotechnology, healthcare networking, chemical manufacturing and more, it makes sense that most are heavily invested in sustainable and environmentally friendly practices. Still, toxic biological and chemical substances are used on a daily basis. Clinics and medical device manufacturing plants contend with water and energy consumption costs. Labs and supply chains require safe disposal methods, and drug production facilities often have large carbon footprints.
Acknowledging this has driven industry leaders to embrace broad sustainability efforts.
Beyond the direct environmental impact of Life Sciences companies, digital transformation and growth have resulted in an increased consumption of natural resources and new forms of waste. This plays out primarily in how Life Sciences companies handle their records and data, both digital and physical. The lifecycle of information sits at the center of a circular economy, which exists to minimize any negative environmental impacts by enabling the repair, recycling, remanufacturing, or refurbishment of resources for reuse.
Life Sciences companies rely on the ebb and flow of their data systems, but this still creates invisible waste even on purely digital platforms. Proper management of all this data and related collateral, both physical and digital, can help drastically reduce natural resources consumption and minimize waste.
Proper management of all this data and related collateral, both physical and digital, can help drastically reduce natural resource consumption and minimize waste. To continue reading, click here