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The Hidden Advantages for Medtech in Europe’s ESG Rules
BCG July 3, 2024
Key Takeaways
The number of ESG regulations continues to grow. Leading medtech companies are going beyond merely complying to gain competitive advantage.
- To stay on top of emerging regulations, proactive companies are designing and implementing a regulatory-watch process—a novel way to monitor laws, bills, guidelines, and market standards.
- After identifying an upcoming regulation, law, or directive, these companies adapt their operational processes across products’ life cycle and revise their business models.
- These capabilities are setting up forward thinkers to bid competitively in procurement, gain access to attractive financing for green technologies, and provide greater transparency for stakeholders.
As the urgency of climate change has grown, the number of ESG regulations...
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