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Certara Inc

Common Name
Certara
Country
United States
Sector
Healthcare
Industry
Health Information Services
Employees
1,487
Ticker
CERT
Exchange
NASDAQ/NGS
Description
Certara Inc. is a prominent player in the biopharmaceutical industry, specializing in biosimulation and regulatory software to accelerate drug discovery, development, and approval processes. Its prima...

Certara's GHG Emissions Data Preview

In 2024, Certara 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).

Certara has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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b
0000000
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Verified Sources Behind Certara’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 Certara’s data sources below and access millions more through our Disclosure Search.

a. Certara's ESG Report 2024
a. Certara's ESG Report 2024
b. Certara's ESG Report 2023
b. Certara's ESG Report 2023

Insights into Certara's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofCertara amounted to957.15metric 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 Certaradecreased by 18.87%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Certara's Scope 1 Emissions Over Time

2022202320240150300450600tCO2e-18%-56%
  • Total Scope 1
  • Year-over-Year Change

What are Certara's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Certara were 160.67 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Certara reduced its Scope 1 emissions over time?

Since 2022, Certara's Scope 1 emissions have decreased by 63.59%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Certara's Scope 1 emissions decreased by 55.78%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Certara's Scope 2 emissions?

In 2024, Certara reported Scope 2 greenhouse gas (GHG) emissions of 766.34 tCOâ‚‚e using the market-based method and 796.48 tCOâ‚‚e using the location-based method.a

Has Certara reduced its Scope 2 emissions over time?

Since 2022, Certara's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Certara's emissions have plateaued with no significant change in its energy consumption footprint.ab

Compared to the previous year(2023), Certara's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Certara's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Certara use for Scope 2 reporting?

In 2024, Certara reported its Scope 2 emissions using the market-based method and using the location-based method.a

Certara's Scope 2 Emissions Over Time

20222023202402505007501 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Certara's Value Chain Emissions

In 2024, Certara reported 6,145.99 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Certara includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Certara's Scope 3 Emissions Over Time

20222023202402.5 k5 k7.5 k10 ktCO2e-7%-21%
  • Total Scope 3
  • Year-over-Year Change

What are Certara's Scope 3 emissions?

In 2024, Certara reported total Scope 3 emissions of 6,145.99 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 99.72%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.28%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Certara reduced its Scope 3 emissions over time?

Since 2022, Certara's Scope 3 emissionshave decreased by 26.71%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Certara's Scope 3 emissions decreased by 20.86%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Certara disclose?

In 2024, Certara reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2024, the largest contributors to Certara's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 3,737.95 tCOâ‚‚e(60.82%)
  • Business Travel (Cat. 6): 1,513.95 tCOâ‚‚e(24.63%)
  • Employee Commuting (Cat. 7): 405.85 tCOâ‚‚e(6.6%)

Certara's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(6.6%)Purchased Goods andServices (Cat. 1)(60.8%)Business Travel(Cat. 6)(24.6%)

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

In 2024, Certara reported Scope 1 greenhouse gas (GHG) emissions of 160.67 tCOâ‚‚e and total revenues of USD 385 millions. This translates into an emissions intensity of 0.42 tCOâ‚‚e per millions USD.a

Certara's Scope 1 Emissions Intensity Compared to Peers

2501,00020,000200,000Scope 1 Emissions (tCO2e)505002,00010,00050,000Revenues (Millions of USD)FASICFFFortrea HoldingsYear: 2023Scope 1: 864 tCO2eRevenue: $M 3,109Scope 1 Intensity: 0.28 tCO2e/$MFrontage HoldingsYear: 2023Scope 1: 2,883 tCO2eRevenue: $M 2,027Scope 1 Intensity: 1.42 tCO2e/$MR1 RCM HoldcoYear: 2023Scope 1: 676 tCO2eRevenue: $M 2,254Scope 1 Intensity: 0.30 tCO2e/$MAMN Healthcare ServicesYear: 2024Scope 1: 120 tCO2eRevenue: $M 2,985Scope 1 Intensity: 0.04 tCO2e/$MGE Healthcare TechnologiesYear: 2024Scope 1: 104,974 tCO2eRevenue: $M 19,672Scope 1 Intensity: 5.34 tCO2e/$MSotera HealthYear: 2023Scope 1: 39,206 tCO2eRevenue: $M 1,049Scope 1 Intensity: 37.36 tCO2e/$MAAAmneal PharmaceuticalsYear: 2024Scope 1: 40,500 tCO2eRevenue: $M 2,794Scope 1 Intensity: 14.50 tCO2e/$MOrganon & CoYear: 2024Scope 1: 34,200 tCO2eRevenue: $M 6,403Scope 1 Intensity: 5.34 tCO2e/$MVeeva SystemsYear: 2024Scope 1: 264 tCO2eRevenue: $M 2,747Scope 1 Intensity: 0.10 tCO2e/$MSSSchrodingerYear: 2024Scope 1: 446 tCO2eRevenue: $M 208Scope 1 Intensity: 2.15 tCO2e/$MRepligenYear: 2023Scope 1: 2,236 tCO2eRevenue: $M 632Scope 1 Intensity: 3.54 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MIDEXX LaboratoriesYear: 2024Scope 1: 18,461 tCO2eRevenue: $M 3,898Scope 1 Intensity: 4.74 tCO2e/$MAvanos MedicalYear: 2023Scope 1: 1,787 tCO2eRevenue: $M 673Scope 1 Intensity: 2.65 tCO2e/$MDaVitaYear: 2024Scope 1: 54,485 tCO2eRevenue: $M 12,815Scope 1 Intensity: 4.25 tCO2e/$MIIIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MCCCatalyst PharmaceuticalsYear: 2024Scope 1: 4 tCO2eRevenue: $M 493Scope 1 Intensity: 0.01 tCO2e/$MQuidelOrthoYear: 2023Scope 1: 22,544 tCO2eRevenue: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MOmnicellYear: 2023Scope 1: 414 tCO2eRevenue: $M 1,147Scope 1 Intensity: 0.36 tCO2e/$MEnvista HoldingsYear: 2024Scope 1: 3,000 tCO2eRevenue: $M 2,511Scope 1 Intensity: 1.19 tCO2e/$MIonis PharmaceuticalsYear: 2024Scope 1: 2,616 tCO2eRevenue: $M 705Scope 1 Intensity: 3.71 tCO2e/$MCertaraYear: 2024Scope 1: 161 tCO2eRevenue: $M 385Scope 1 Intensity: 0.42 tCO2e/$M

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

In 2024, Certara reported a Scope 1 emissions intensity of 0.42 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.4, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Certara ranked 7 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Certara is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Certara's Total Carbon Footprint

In 2024, Certara reported a total carbon footprint of 7,103.14 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.6% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Certara's total carbon footprint was Scope 3 emissions, accounting for 86.52% of the company's total carbon footprint, followed by Scope 2 emissions at 11.21%.a

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