Access to Medicine Foundation is a non-profit organisation committed to advancing global health by influencing the pharmaceutical industry to prioritize equitable access to medicine. Established in 2003, the foundation operates independently and is funded by a variety of stakeholders, including governments, foundations, and international organisations.
The primary focus of the Access to Medicine Foundation lies in conducting research, analysis, and advocacy to promote better access to medicine, especially in regions with limited resources. They evaluate and rank pharmaceutical companies based on their efforts to improve access to essential healthcare products in developing countries. The foundation’s goals include encouraging transparency, accountability, and ethical behavior within the pharmaceutical industry. They strive to foster collaboration between various stakeholders to address global health challenges.
The foundation operates with a governance structure that involves a supervisory board, an executive board, and dedicated teams of experts and researchers. These teams work collaboratively to assess and score pharmaceutical companies’ performance, producing reports and indices that highlight industry leaders and areas that need improvement. The foundation’s work involves engaging with diverse stakeholders, including pharmaceutical companies, investors, and governments.
While not a direct player in sustainable finance, the Access to Medicine Foundation contributes to sustainable development by promoting responsible business practices within the pharmaceutical sector. By evaluating companies’ performance and encouraging ethical conduct, the foundation indirectly supports sustainable finance goals, emphasising the importance of social responsibility and environmental stewardship in the pharmaceutical industry.
The foundation provides valuable resources, including detailed reports, indices, and frameworks that offer insights into the pharmaceutical industry’s contributions to global health. These resources are utilised by investors, policymakers, and the pharmaceutical sector itself to make informed decisions, fostering positive changes and improvements in access to medicine.
In summary, the Access to Medicine Foundation plays a crucial role in advocating for improved global health by assessing and promoting responsible practices within the pharmaceutical industry, ultimately contributing to the broader goals of sustainable development.
