AbbVie Inc
AbbVie Energy Data Preview
In 2023, AbbVie disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
AbbVie also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, AbbVie also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, AbbVie also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate AbbVie's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Insights into AbbVie's Energy Renewability
In 2023, AbbVie consumed a total of 8.34 million Gigajoules of energy across its operations. Of this total, 12.89% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 87.11% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
AbbVie's Energy Renewability Rate
How much of AbbVie's energy consumed is renewable?
In 2023, AbbVie consumed a total of 8.34 million Gigajoules of energy, of which 12.89% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that AbbVie has considerable room to improve its energy sustainability strategy.
Are AbbVie's energy practices becoming more sustainable?
Since 2021, AbbVie's total energy consumption decreased by 14.48%, including a further 5.4% drop in 2023, highlighting a continued decline in energy use.
Over the same period, the share of renewable energy in AbbVie's consumption increased by 70.41%, including a 28.68% increase in 2023, showing consistent progress in clean energy adoption.
Overall, AbbVie has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.
AbbVie's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into AbbVie's Energy Consumption & Production Mix
In 2023, AbbVie disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the AbbVie's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
AbbVie's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind AbbVie's energy consumption?
In 2023, AbbVie's total energy consumption was primarily sourced from
- Natural Gas (33.59%)
- Chilled Water, Electricity (Unspecified Source) and Steam (Unspecified Source) (32.31%)
- Diesel and Gasoline (Petrol) (16.96%)
How diverse is AbbVie’s energy consumption mix?
In 2023, AbbVie consumed energy from 8 different sources or generation technologies, indicating a well-diversified energy mix without excessive reliance on a single input.
Insights into AbbVie's Energy Inflows & Self-Sufficiency
In 2023, AbbVie reported total energy inflows of 2.7 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 2.69 million Gigajoules purchased from external suppliers and 5,097.6 Gigajoules generated through internal production. This corresponds to a production share of 0.19%, reflecting a 5.33% percentage point decrease from the previous year (2022) and a 18.91% percentage point increase since 2021.
AbbVie's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.
AbbVie's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased