Driving Sustainable Growth: Eco-Innovation in Pakistan's Chemical and Pharmaceutical Sector

Naveed Ahmed Qambrani, Suresh Kumar, Bahadur Ali, Ghazala Akbar Jamali, Zulaikha Saeed, Rehan Ali Qureshi, Jinhui Li,Zubair Ahmed ()
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Naveed Ahmed Qambrani, Suresh Kumar, Bahadur Ali, Ghazala Akbar Jamali, Zulaikha Saeed, Rehan Ali Qureshi, Jinhui Li,Zubair Ahmed: U.S. Pakistan Center for Advanced Studies in Water, Mehran University of Engineering and Technology, Jamshoro, Sindh, Pakistan. School of Environment, Tsinghua University, Beijing, China

International Journal of Innovations in Science & Technology, 2024, vol. 6, issue 6, 550-564

Abstract: This paper explores the state of eco-innovation in Pakistan's chemical and pharmaceutical industries, focusing on advancements in process technology, product technology, and organizational eco-innovation. By analyzing survey data, the study evaluates the adoption of eco-friendly practices and identifies key drivers of eco-innovation, including environmental regulations, organizational initiatives, collaboration, environmental management systems, customer pressure, and cost barriers. The results show notable progress in adopting cleaner processes and pollution control measures, with over 65% of companies implementing these techniques. However, green energy technology adoption remains low, with only 18% of industries utilizing it. Product eco-innovation is more widely accepted, with more than 50% of industries responding positively. The study also highlights that around 60% of Pakistan's chemical and pharmaceutical industries are export-oriented and have formal environmental management systems in place. These industries are committed to improving environmental performance and sustainability throughout their supply chains. While there is generally a neutral stance towards environmental regulations, the high cost of eco-innovation and the lack of collaboration between organizations and research institutions pose significant barriers. Overall, the findings indicate a growing environmental awareness among industries in Pakistan, but more efforts are needed to fully adopt green technologies and practices. Enhanced collaboration and coordination among stakeholders are essential for advancing sustainable development in the country’s industries.

Keywords: Eco-innovation; Eco-innovation drivers; Eco-innovation options; Chemical and Pharmaceutical industry (search for similar items in EconPapers)
Date: 2024
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