Genmab A/S

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, Genmab A/S disclosed greenhouse gas emissions of 147.7K tCO2e (2022). By scope: Scope 1: 317 tCO2e (2023); Scope 2: 238 tCO2e (2023); Scope 3: 147.3K tCO2e (2022). 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
147.7K tCO2e (2022)
2023
⚡
Renewable Energy
76.8% (2023)
of total energy
⚙️
Energy Use
3.3K MWh (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).317 tCO2e (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.238 tCO2e (2023)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).147.3K tCO2e (2022)

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

  • Achieve a 42% reduction in Scope 1 and 2 GHG by 2030 compared to a 2021 baseline year

📅 Medium-term

  • Reduce Scope 3 emissions by 2030 through supplier engagement and responsible sourcing practices by having at least two-thirds of our suppliers, by spend, covered by Paris Agreement aligned climate targets

🌱 ESG Focus Areas

Good Health and Well-beingGender EqualityDecent Work and Economic GrowthClimate Action

⚠️ Challenges & Risks +

  • Inability to attract and retain suitably qualified team members as the Company continues to grow
  • Extensive legislative, regulatory and other requirements both during clinical development and commercialization and post-marketing approval
  • Hazardous materials are used in operations and may be used by our partners and suppliers and must comply with environmental laws and regulations
  • Inability to manage the carbon footprint from our business operations or climate-related events may impact our business operations or that of our third-party partners or suppliers
  • Primarily dependent on one contract manufacturing organization and individual sites at the CMO to produce and supply our product candidates
  • Risks associated with global health crises, epidemics, pandemics and other outbreaks

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD