Orexo AB (publ)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Orexo AB (publ) disclosed greenhouse gas emissions of 1.8K tCO2e/year (2023). By scope: Scope 1: 273 tCO2e/year (2023); Scope 2: 73 tCO2e/year (2023); Scope 3: 1.5K tCO2e/year (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
1.8K tCO2e/year (2023)
2023
⚡
Renewable Energy
94.9% (2023)
of total energy
♻️
Waste
6.1K kg/year (2023)
2023
⚙️
Energy Use
3.1K MWh/year (2023)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).273 tCO2e/year (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.73 tCO2e/year (2023)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.5K tCO2e/year (2023)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • EBITDA profitability for FY 2024.
  • Launch of OX124 in late 2024 (pending FDA approval).

📅 Medium-term

  • At least one drug based on AmorphOX platform reaching global markets by 2030.
  • 100% reimbursement for Orexo’s pharmaceutical products and growing share in Medicaid segment by 2030.

🔭 Long-term

  • Reduce greenhouse gas emissions by 50% (scope 1 and 2) and 20% (scope 1-3) by 2030.

🌱 ESG Focus Areas

Access to healthcareEthical businessResponsible manufacturingClimate changeResponsible procurementWellbeing for employees

⚠️ Challenges & Risks +

  • Supply chain disruptions due to geopolitical risks.
  • Digital mental health programs not meeting expectations.
  • Lower overall market development impacting Zubsolv sales.
  • MODIA study did not meet primary endpoints.

📋 Report Information

Reporting Period: 2023
Frameworks: UN Global Compact
Assurance: Ernst & Young Aktiebolag