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) | 2023 | 2022 | 2021 | 2020 - 2017 |
---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2023, the total Scope 1 emissions of Alvotech were 20 metric tons of CO₂ equivalent (tCO₂e). a
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
In 2023, Alvotech reported Scope 2 greenhouse gas (GHG) emissions of 209 tCO₂e without specifying the calculation method. a
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
In 2023, Alvotech reported its Scope 2 emissions using an unspecified methodology. a
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
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
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
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.
In 2023, the largest contributors to Alvotech's Scope 3 emissions were: a
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
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
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
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