Alvotech SA

Common Name
Alvotech
Country
Luxembourg
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Employees
1,012
Ticker
ALVO
Exchange
NASDAQ/NMS
Description
Alvotech S.A. is a biopharmaceutical company that focuses on the development and commercialization of biosimilar medicines. These are biologic medical products highly similar to already approved refer...

Alvotech's GHG Emissions Data Preview

In 2023, Alvotech completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Alvotech has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Alvotech’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Alvotech’s data sources below and access millions more through our Disclosure Search.

a. Alvotech's ESG Data Spreadsheet 2023
a. Alvotech's ESG Data Spreadsheet 2023

Insights into Alvotech's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Alvotech amounted to 229 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Alvotech decreased by 2.97%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Alvotech's Scope 1 Emissions Over Time

202020212022202305101520tCO2e-25%+58%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Alvotech's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Alvotech were 20 metric tons of CO₂ equivalent (tCO₂e). a

Has Alvotech reduced its Scope 1 emissions over time?

Since 2020, Alvotech's Scope 1 emissions have increased by 25%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Alvotech's Scope 1 emissions increased by 5.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Alvotech's Scope 2 emissions?

In 2023, Alvotech reported Scope 2 greenhouse gas (GHG) emissions of 209 tCO₂e without specifying the calculation method. a

Has Alvotech reduced its Scope 2 emissions over time?

Since 2020, Alvotech's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Alvotech 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Alvotech's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Alvotech 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Alvotech use for Scope 2 reporting?

In 2023, Alvotech reported its Scope 2 emissions using an unspecified methodology. a

Alvotech's Scope 2 Emissions Over Time

2020202120222023055110165220tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Alvotech's Value Chain Emissions

In 2023, Alvotech reported 555 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Alvotech includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Alvotech's Scope 3 Emissions Over Time

20202021202220230200400600800tCO2e+13%+145%-23%
  • Total Scope 3
  • Year-over-Year Change

What are Alvotech's Scope 3 emissions?

In 2023, Alvotech reported total Scope 3 emissions of 555 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Alvotech reduced its Scope 3 emissions over time?

Since 2020, Alvotech's Scope 3 emissions have increased by 112.64%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Alvotech's Scope 3 emissions decreased by 23.02%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Alvotech disclose?

In 2023, Alvotech reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Alvotech's Scope 3 emissions?

In 2023, the largest contributors to Alvotech's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 379 tCO₂e (68.17%)
  • Waste Generated in Operations (Cat. 5): 173 tCO₂e (31.12%)
  • Fuel- and Energy-Related Services (Cat. 3): 4 tCO₂e (0.72%)

Alvotech's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(68.2%)Waste Generated inOperations (Cat. 5)(31.1%)

Insights into Alvotech’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Alvotech reported Scope 1 greenhouse gas (GHG) emissions of 20 tCO₂e and total revenues of USD 91 millions. This translates into an emissions intensity of 0.22 tCO₂e per millions USD. a

Alvotech's Scope 1 Emissions Intensity Compared to Peers

102002,00050,0001,000,000Scope 1 Emissions (tCO2e)201001,0005,00050,000Revenues (Millions of USD)SIOLCPYear: 2025Scope 1: 45,920 tCO2eRevenue: $M 242Scope 1 Intensity: 189.70 tCO2e/$MCanSino BiologicsYear: 2023Scope 1: 3,541 tCO2eRevenue: $M 49Scope 1 Intensity: 72.91 tCO2e/$MVetoquinolYear: 2024Scope 1: 7,159 tCO2eRevenue: $M 561Scope 1 Intensity: 12.76 tCO2e/$MWalvax BiotechnologyYear: 2023Scope 1: 10,331 tCO2eRevenue: $M 579Scope 1 Intensity: 17.85 tCO2e/$MMega LifesciencesYear: 2023Scope 1: 1,809 tCO2eRevenue: $M 455Scope 1 Intensity: 3.97 tCO2e/$MLuye Pharma GroupYear: 2023Scope 1: 10,755 tCO2eRevenue: $M 945Scope 1 Intensity: 11.38 tCO2e/$MHisamitsu PharmaceuticalYear: 2022Scope 1: 7,862 tCO2eRevenue: $M 1,040Scope 1 Intensity: 7.56 tCO2e/$MSawai Group HoldingsYear: 2023Scope 1: 19,500 tCO2eRevenue: $M 1,229Scope 1 Intensity: 15.87 tCO2e/$MAarti PharmalabsYear: 2024Scope 1: 88,101 tCO2eRevenue: $M 218Scope 1 Intensity: 404.68 tCO2e/$MAlembic PharmaceuticalsYear: 2025Scope 1: 80,278 tCO2eRevenue: $M 765Scope 1 Intensity: 104.88 tCO2e/$MAjanta PharmaYear: 2025Scope 1: 6,392 tCO2eRevenue: $M 537Scope 1 Intensity: 11.90 tCO2e/$MTong Ren TangYear: 2023Scope 1: 116 tCO2eRevenue: $M 195Scope 1 Intensity: 0.59 tCO2e/$MConsun Pharmaceutical GroupYear: 2023Scope 1: 54,210 tCO2eRevenue: $M 398Scope 1 Intensity: 136.27 tCO2e/$MNatco PharmaYear: 2025Scope 1: 28,495 tCO2eRevenue: $M 518Scope 1 Intensity: 54.96 tCO2e/$MStrides Pharma ScienceYear: 2023Scope 1: 6,168 tCO2eRevenue: $M 439Scope 1 Intensity: 14.04 tCO2e/$MSSSihuan PharmaceuticalYear: 2023Scope 1: 45,602 tCO2eRevenue: $M 286Scope 1 Intensity: 159.27 tCO2e/$MSwedish Orphan BiovitrumYear: 2023Scope 1: 904 tCO2eRevenue: $M 2,193Scope 1 Intensity: 0.41 tCO2e/$MTeva Pharmaceutical IndustriesYear: 2023Scope 1: 242,056 tCO2eRevenue: $M 15,845Scope 1 Intensity: 15.28 tCO2e/$MLotus PharmaceuticalYear: 2024Scope 1: 2,672 tCO2eRevenue: $M 567Scope 1 Intensity: 4.71 tCO2e/$MHepalinkYear: 2023Scope 1: 24,673 tCO2eRevenue: $M 766Scope 1 Intensity: 32.20 tCO2e/$MChina Medical System HoldingsYear: 2023Scope 1: 1,628 tCO2eRevenue: $M 1,233Scope 1 Intensity: 1.32 tCO2e/$MGranules IndiaYear: 2024Scope 1: 58,254 tCO2eRevenue: $M 538Scope 1 Intensity: 108.19 tCO2e/$MHyperaYear: 2023Scope 1: 28,386 tCO2eRevenue: $M 1,632Scope 1 Intensity: 17.40 tCO2e/$MAlvotechYear: 2023Scope 1: 20 tCO2eRevenue: $M 91Scope 1 Intensity: 0.22 tCO2e/$M

How does Alvotech's GHG emissions intensity compare to its peers?

In 2023, Alvotech reported a Scope 1 emissions intensity of 0.22 tCO₂e per millions USD. Compared to the peer group median of 15.87 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Alvotech rank on GHG emissions intensity within its industry?

In 2023, Alvotech ranked 1 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Alvotech among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Alvotech's Total Carbon Footprint

In 2023, Alvotech reported a total carbon footprint of 784 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.08% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Alvotech's total carbon footprint was Scope 3 emissions, accounting for 70.79% of the company's total carbon footprint, followed by Scope 2 emissions at 26.66%. a

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