IQVIA Releases 2024 Sustainability Report
21 February 2025 - 2:06AM
Business Wire
IQVIA (NYSE:IQV), a leading global provider of clinical research
services, commercial insights and healthcare intelligence to the
life sciences and healthcare industries, has published its 2024
Sustainability Report. The report details IQVIA’s sustainability
achievements consistent with its mission to accelerate innovation
for a healthier world.
“IQVIA combines technology and scientific expertise with our
unique information assets and Healthcare-grade AI to help solve the
most complex healthcare challenges for more than 10,000 life
sciences and healthcare customers in more than 100 countries,” said
IQVIA Chairman and CEO Ari Bousbib. “We are proud of the
significant progress we have made in our sustainability commitments
to innovate, accelerate trial delivery, and facilitate
industry-wide collaboration.”
IQVIA’s 2024 Sustainability Report can be downloaded here.
Highlights in the report include:
- Investments in the company’s employees. To ensure that
IQVIA’s 88,000 employees worldwide can continue to deliver on
IQVIA’s mission, IQVIA invests heavily in employee education and
development. The company enhanced its “One IQVIA, Multiple Careers”
model by providing employees with the tools and learning resources
to enhance their skill sets and apply these skills in new roles at
IQVIA. In addition, every year over 1,000 employees participate in
one of IQVIA’s leadership development programs. Employee surveys
show that IQVIA exceeded Fortune 500 benchmarks for key metrics and
confirmed high levels of employee engagement.
- Access to healthcare. IQVIA worked to increase the
diverse representation of patient populations among clinical trial
participants to improve the provision of critical healthcare, the
effectiveness of treatments and the identification of adverse
effects for underrepresented populations. This included expanding
the company’s geographic network of trial sites, including in
Africa and Latin America. The company also expanded its U.S.-based
Community Health Initiative, which aims to broaden patient access
to clinical trials and expand care options for patients, and it
launched Health Research Space, a direct-to-patient engagement
platform that offers participants a convenient way to share
information about their health.
- Global health. IQVIA utilized its differentiated
capabilities, scientific expertise and global scale to respond to
some of the world’s most complex health problems. In collaboration
with global public health stakeholders, IQVIA deployed resources
around the world to assist in eradicating disease outbreaks,
including recent outbreaks of poliovirus, Marburg virus disease and
mpox. In addition, the company mapped viral respiratory disease
outbreaks in Brazil identifying those with endemic or pandemic
potential, and it supported the development of a continent-wide
digital health blueprint and toolkit to establish a unified health
record for Africa’s citizens.
- Environmental impact. IQVIA achieved a 27% reduction in
scope 1 and 2 greenhouse gas emissions against its 2019 baseline,
and 50% of IQVIA’s suppliers have now set or committed to set
emission reduction goals. Over the past year, five more IQVIA
laboratories achieved My Green Lab certification, with 100% of the
company’s laboratories now certified. Further, IQVIA’s laboratories
avoided 384 metric tons of CO2e in lab freezer waste and removed
almost 3 metric tons of single-use plastic from clinical trial test
kits.
- Responsible use of technology. The company introduced
IQVIA AI Assistant, a generative AI tool for life sciences
customers, which provides quick and powerful insights to reduce
decision-making time and speed drug commercialization efforts
through a user-friendly, conversational interface. IQVIA also
established the Center for Defensible AI and an AI Governance
Council to set clear guidelines for the industry on the ethical and
responsible use of AI in healthcare. IQVIA is committed to using AI
responsibly, with AI-powered capabilities built on best-in-class
approaches to privacy, regulatory compliance and patient safety,
and delivering AI to the high standards of trust, scalability and
precision demanded by the industry.
- External recognition. Among multiple awards in 2024,
IQVIA was named the No. 1 most admired company in the Health Care:
Pharmacy and Other Services category on the 2025 Fortune® World’s
Most Admired Companies™ list. This is the fourth year in a row
IQVIA has earned first place in its category and its eighth
consecutive year on the list. IQVIA’s SmartSolve® eQMS platform won
the Best Use of Artificial Intelligence in Healthcare award from
the MedTech Breakthrough Awards. IQVIA received four Human Capital
Management Excellence awards from Brandon Hall Group, recognizing
its commitment to developing and investing in employees and
creating a supportive environment. The company also received a Race
to Zero Leadership Award from My Green Lab.
About IQVIA
IQVIA (NYSE:IQV) is a leading global provider of clinical
research services, commercial insights and healthcare intelligence
to the life sciences and healthcare industries. IQVIA’s portfolio
of solutions are powered by IQVIA Connected Intelligence™ to
deliver actionable insights and services built on high-quality
health data, Healthcare-grade AI™, advanced analytics, the latest
technologies and extensive domain expertise. IQVIA is committed to
using AI responsibly, with AI-powered capabilities built on
best-in-class approaches to privacy, regulatory compliance and
patient safety, and delivering AI to the high standards of trust,
scalability and precision demanded by the industry. With
approximately 88,000 employees in over 100 countries, including
experts in healthcare, life sciences, data science, technology and
operational excellence, IQVIA is dedicated to accelerating the
development and commercialization of innovative medical treatments
to help improve patient outcomes and population health
worldwide.
IQVIA is a global leader in protecting individual patient
privacy. The company uses a wide variety of privacy-enhancing
technologies and safeguards to protect individual privacy while
generating and analyzing information on a scale that helps
healthcare stakeholders identify disease patterns and correlate
with the precise treatment path and therapy needed for better
outcomes. IQVIA’s insights and execution capabilities help biotech,
medical device and pharmaceutical companies, medical researchers,
government agencies, payers and other healthcare stakeholders tap
into a deeper understanding of diseases, human behaviors and
scientific advances, in an effort to advance their path toward
cures. To learn more, visit www.iqvia.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20250220964161/en/
Kerri Joseph, IQVIA Investor Relations (kerri.joseph@iqvia.com)
+1.973.541.3558
Alissa Maupin, IQVIA Media Relations (alissa.maupin1@iqvia.com)
+1.919.923.6785
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