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argenx SE

Common Name
argenx
Country
Netherlands
Sector
Healthcare
Industry
Biotechnology
Employees
1,599
Ticker
ARGX
Exchange
Euronext Brussels
Description
argenx SE is a commercial-stage, global, fully-integrated biopharmaceutical company headquartered in Amsterdam, Netherlands, specializing in the development of differentiated antibody-based therapies ...

argenx's GHG Emissions Data Preview

In 2025, argenx 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).

argenx has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
2,120a
3,788a
378b
Total Scope 2
Market-Based
711a
547a
189b
Location-Based
668a
507a
183b
Total Scope 3
468,212a
280,278a
432,786b
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.5104a
1.7295a
0.3082b
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Verified Sources Behind argenx’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.

a. argenx's Annual Report 2025
b. argenx's ESG Report 2023

Insights into argenx's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of argenx amounted to 2,788 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 2024, the total operational greenhouse gas (GHG) emissions of argenx decreased by 35.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

argenx's Scope 1 Emissions Over Time

20232024202509501.9 k2.85 k3.8 ktCO2e+902%-44%
  • Total Scope 1
  • Year-over-Year Change

What are argenx's Scope 1 emissions?

In 2025, the total Scope 1 emissions of argenx were 2,120 metric tons of CO₂ equivalent (tCO₂e).a

Has argenx reduced its Scope 1 emissions over time?

Since 2023, argenx's Scope 1 emissions have increased by 460.85%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), argenx's Scope 1 emissions decreased by 44.03%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are argenx's Scope 2 emissions?

In 2025, argenx reported Scope 2 greenhouse gas (GHG) emissions of 711 tCO₂e using the market-based method and 668 tCO₂e using the location-based method.a

Has argenx reduced its Scope 2 emissions over time?

Since 2023, argenx's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 265.03%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2024), argenx's Scope 2 emissions (Location-Based) rose by 31.76% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does argenx use for Scope 2 reporting?

In 2025, argenx reported its Scope 2 emissions using the market-based method and using the location-based method.a

argenx's Scope 2 Emissions Over Time

2023202420250200400600800tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into argenx's Value Chain Emissions

In 2025, argenx reported 468,212 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 2025 disclosure of argenx includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

argenx's Scope 3 Emissions Over Time

2023202420250150 k300 k450 k600 ktCO2e-35%+67%
  • Total Scope 3
  • Year-over-Year Change

What are argenx's Scope 3 emissions?

In 2025, argenx reported total Scope 3 emissions of 468,212 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 99.6% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.4% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has argenx reduced its Scope 3 emissions over time?

Since 2023, argenx's Scope 3 emissionshave remained relatively stable, indicating that argenx's emissions have plateaued with no significant change in its value chain footprint.ab

Compared to the previous year (2024), argenx's Scope 3 emissions increased by 67.05%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does argenx disclose?

In 2025, argenx reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

In 2025, the largest contributors to argenx's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 382,340 tCO₂e (81.66%)
  • Upstream Transportation and Distribution (Cat. 4): 63,324 tCO₂e (13.52%)
  • Business Travel (Cat. 6): 13,494 tCO₂e (2.88%)

argenx's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(2.9%)UpstreamTransportation andDistribution(Cat. 4)(13.5%)Purchased Goods andServices (Cat. 1)(81.7%)

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

In 2025, argenx reported Scope 1 greenhouse gas (GHG) emissions of 2,120 tCO₂e and total revenues of USD 4,154 millions. This translates into an emissions intensity of 0.51 tCO₂e per millions USD.a

argenx's Scope 1 Emissions Intensity Compared to Peers

202002,00050,000500,000Scope 1 Emissions (tCO2e)101001,0005,00050,000Revenues (Millions of USD)CytokineticsYear: 2024Scope 1: 242 tCO2eRevenue: $M 18Scope 1 Intensity: 13.10 tCO2e/$MIonis PharmaceuticalsYear: 2024Scope 1: 2,616 tCO2eRevenue: $M 705Scope 1 Intensity: 3.71 tCO2e/$MSichuan Kelun-Biotech BiopharmaceuticalYear: 2023Scope 1: 6,335 tCO2eRevenue: $M 217Scope 1 Intensity: 29.23 tCO2e/$MAkesoYear: 2024Scope 1: 6,408 tCO2eRevenue: $M 291Scope 1 Intensity: 22.02 tCO2e/$MAscendis PharmaYear: 2024Scope 1: 62 tCO2eRevenue: $M 450Scope 1 Intensity: 0.14 tCO2e/$MInnovent BiologicsYear: 2024Scope 1: 48 tCO2eRevenue: $M 1,291Scope 1 Intensity: 0.04 tCO2e/$MInsmedYear: 2024Scope 1: 1,666 tCO2eRevenue: $M 364Scope 1 Intensity: 4.58 tCO2e/$MModernaYear: 2024Scope 1: 13,180 tCO2eRevenue: $M 3,199Scope 1 Intensity: 4.12 tCO2e/$MVertex PharmaceuticalsYear: 2024Scope 1: 8,976 tCO2eRevenue: $M 11,020Scope 1 Intensity: 0.81 tCO2e/$MCSLYear: 2025Scope 1: 135,000 tCO2eRevenue: $M 23,347Scope 1 Intensity: 5.78 tCO2e/$MUcbYear: 2025Scope 1: 22,194 tCO2eRevenue: $M 9,101Scope 1 Intensity: 2.44 tCO2e/$MRegeneron PharmaceuticalsYear: 2024Scope 1: 80,300 tCO2eRevenue: $M 14,202Scope 1 Intensity: 5.65 tCO2e/$MFortrea HoldingsYear: 2023Scope 1: 864 tCO2eRevenue: $M 3,109Scope 1 Intensity: 0.28 tCO2e/$M3SBioYear: 2024Scope 1: 13,304 tCO2eRevenue: $M 1,248Scope 1 Intensity: 10.66 tCO2e/$MBioMarin PharmaceuticalYear: 2022Scope 1: 14,000 tCO2eRevenue: $M 2,096Scope 1 Intensity: 6.68 tCO2e/$MSino BiopharmaceuticalYear: 2024Scope 1: 18,239 tCO2eRevenue: $M 3,955Scope 1 Intensity: 4.61 tCO2e/$MWuXi Biologics (Cayman)Year: 2024Scope 1: 38,346 tCO2eRevenue: $M 2,559Scope 1 Intensity: 14.99 tCO2e/$MGenmabYear: 2025Scope 1: 758 tCO2eRevenue: $M 586Scope 1 Intensity: 1.29 tCO2e/$MBiontechYear: 2024Scope 1: 2,405 tCO2eRevenue: $M 2,863Scope 1 Intensity: 0.84 tCO2e/$MIncyteYear: 2024Scope 1: 9,576 tCO2eRevenue: $M 4,241Scope 1 Intensity: 2.26 tCO2e/$MCelltrionYear: 2024Scope 1: 27,147 tCO2eRevenue: $M 2,424Scope 1 Intensity: 11.20 tCO2e/$MAlnylam PharmaceuticalsYear: 2024Scope 1: 3,832 tCO2eRevenue: $M 2,248Scope 1 Intensity: 1.70 tCO2e/$MSamsung BiologicsYear: 2024Scope 1: 71,972 tCO2eRevenue: $M 3,099Scope 1 Intensity: 23.22 tCO2e/$MBeOne MedicinesYear: 2024Scope 1: 3,547 tCO2eRevenue: $M 3,810Scope 1 Intensity: 0.93 tCO2e/$MargenxYear: 2025Scope 1: 2,120 tCO2eRevenue: $M 4,154Scope 1 Intensity: 0.51 tCO2e/$M

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

In 2025, argenx reported a Scope 1 emissions intensity of 0.51 tCO₂e per millions USD. Compared to the peer group median of 4.35, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2025, argenx ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into argenx's Total Carbon Footprint

In 2025, argenx reported a total carbon footprint of 471,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 65.51% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to argenx's total carbon footprint was Scope 3 emissions, accounting for 99.41% of the company's total carbon footprint, followed by Scope 1 emissions at 0.45%.a

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