argenx SE
argenx's GHG Emissions Data Preview
In 2024, 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 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature. | 0000000 |
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bVerified 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. Explore argenx’s data sources below and access millions more through our Disclosure Search.
Insights into argenx's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of argenx amounted to 4,282 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 2023, the total operational greenhouse gas (GHG) emissions of argenx increased by 663.28%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
argenx's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are argenx's Scope 1 emissions?
In 2024, the total Scope 1 emissions of argenx were 3,788 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), argenx's Scope 1 emissions increased by 902.12%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are argenx's Scope 2 emissions?
In 2024, argenx reported Scope 2 greenhouse gas (GHG) emissions of 534 tCO₂e using the market-based method and 494 tCO₂e using the location-based method.a
Has argenx reduced its Scope 2 emissions over time?
Compared to the previous year (2023), argenx's Scope 2 emissions (Location-Based) rose by 169.95% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does argenx use for Scope 2 reporting?
In 2024, 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
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into argenx's Value Chain Emissions
In 2024, argenx reported 227,447 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 2024 disclosure of argenx includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
argenx's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are argenx's Scope 3 emissions?
In 2024, argenx reported total Scope 3 emissions of 227,447 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.58% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.42% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), argenx's Scope 3 emissions decreased by 47.45%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
What categories of Scope 3 emissions does argenx disclose?
In 2024, argenx reported emissions for 11 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 2024, the largest contributors to argenx's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 183,781 tCO₂e (80.8%)
- Upstream Transportation and Distribution (Cat. 4): 24,556 tCO₂e (10.8%)
- Business Travel (Cat. 6): 13,340 tCO₂e (5.87%)
argenx's Scope 3 Emissions by Categories
Insights into argenx’s GHG Emissions Intensity Compared to Industry Peers
In 2024, argenx reported Scope 1 greenhouse gas (GHG) emissions of 3,788 tCO₂e and total revenues of USD 1,871 millions. This translates into an emissions intensity of 2.02 tCO₂e per millions USD.a
argenx's Scope 1 Emissions Intensity Compared to Peers
How does argenx's GHG emissions intensity compare to its peers?
In 2024, argenx reported a Scope 1 emissions intensity of 2.02 tCO₂e per millions USD. Compared to the peer group median of 3.48, 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 2024, argenx ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
argenx is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into argenx's Total Carbon Footprint
In 2024, argenx reported a total carbon footprint of 231,729 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 46.53% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to argenx's total carbon footprint was Scope 3 emissions, accounting for 98.15% of the company's total carbon footprint, followed by Scope 1 emissions at 1.63%.a