Fagron NV

Common Name
Fagron
Country
Belgium
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Employees
3,035
Ticker
FAGR
Exchange
EURONEXT
Website
fagron.com
Description
Fagron NV is a global pharmaceutical company specializing in customized medication and pharmaceutical compounding. The company's primary function is to innovate and provide tailor-made solutions that ...

Fagron's GHG Emissions Data Preview

In 2023, Fagron 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).

Fagron has also provided a category-level breakdown for 15 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Fagron’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 Fagron’s data sources below and access millions more through our Disclosure Search.

a. Fagron's Annual Report 2023
a. Fagron's Annual Report 2023

Insights into Fagron's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Fagron amounted to 12,355 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 Fagron increased by 8.79%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Fagron's Scope 1 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e+5%+18%-17%+45%
  • Total Scope 1
  • Year-over-Year Change

What are Fagron's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Fagron were 4,218 metric tons of CO₂ equivalent (tCO₂e). a

Has Fagron reduced its Scope 1 emissions over time?

Since 2019, Fagron's Scope 1 emissions have increased by 49.68%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Fagron's Scope 1 emissions increased by 44.8%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Fagron's Scope 2 emissions?

In 2023, Fagron reported Scope 2 greenhouse gas (GHG) emissions of 8,526 tCO₂e using the market-based method and 8,137 tCO₂e using the location-based method. a

Has Fagron reduced its Scope 2 emissions over time?

Since 2019, Fagron's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Fagron 's emissions have plateaued with no significant change in its energy consumption footprint. a

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

What methodology does Fagron use for Scope 2 reporting?

In 2023, Fagron reported its Scope 2 emissions using the market-based method and using the location-based method. a

Fagron's Scope 2 Emissions Over Time

2019202020212022202302.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Fagron's Value Chain Emissions

In 2023, Fagron reported 157,794 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 Fagron includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Fagron's Scope 3 Emissions Over Time

20192020202120222023040 k80 k120 k160 ktCO2e-66%+13392%-98%+8443%
  • Total Scope 3
  • Year-over-Year Change

What are Fagron's Scope 3 emissions?

In 2023, Fagron reported total Scope 3 emissions of 157,794 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 87.66% of these emissions originated from upstream activities such as purchased goods and capital goods, while 12.34% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Fagron reduced its Scope 3 emissions over time?

Since 2019, Fagron's Scope 3 emissions have increased by 6,270.37%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Fagron's Scope 3 emissions increased by 8,443.26%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Fagron disclose?

In 2023, Fagron reported emissions for 15 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 Fagron's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 56,947 tCO₂e (36.09%)
  • Upstream Transportation and Distribution (Cat. 4): 46,241 tCO₂e (29.3%)
  • Capital Goods (Cat. 2): 20,863 tCO₂e (13.22%)

Fagron's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(36.1%)UpstreamTransportation andDistribution(Cat. 4)(29.3%)Capital Goods(Cat. 2)(13.2%)

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

In 2023, Fagron reported Scope 1 greenhouse gas (GHG) emissions of 4,218 tCO₂e and total revenues of USD 844 millions. This translates into an emissions intensity of 4.99 tCO₂e per millions USD. a

Fagron's Scope 1 Emissions Intensity Compared to Peers

2002,00010,000100,000500,000Scope 1 Emissions (tCO2e)1005001,0005,00010,000Revenues (Millions of USD)PADVetoquinolYear: 2024Scope 1: 7,159 tCO2eRevenue: $M 561Scope 1 Intensity: 12.76 tCO2e/$MSimcere Pharmaceutical GroupYear: 2023Scope 1: 4,997 tCO2eRevenue: $M 1,017Scope 1 Intensity: 4.91 tCO2e/$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: $M 1,040Scope 1 Intensity: 7.56 tCO2e/$MAlembic PharmaceuticalsYear: 2025Scope 1: 80,278 tCO2eRevenue: $M 765Scope 1 Intensity: 104.88 tCO2e/$MAjanta PharmaYear: 2025Scope 1: 6,392 tCO2eRevenue: $M 537Scope 1 Intensity: 11.90 tCO2e/$MJoincareYear: 2024Scope 1: 197,854 tCO2eRevenue: $M 2,140Scope 1 Intensity: 92.45 tCO2e/$MPrestige Consumer HealthcareYear: 2021Scope 1: 1,304 tCO2eRevenue: $M 943Scope 1 Intensity: 1.38 tCO2e/$MPPPorton Pharma SolutionsYear: 2024Scope 1: 18,865 tCO2eRevenue: $M 413Scope 1 Intensity: 45.71 tCO2e/$MHUTCHMED (China)Year: 2024Scope 1: 3,083 tCO2eRevenue: $M 4,926Scope 1 Intensity: 0.63 tCO2e/$MBioKangtaiYear: 2023Scope 1: 15,952 tCO2eRevenue: $M 489Scope 1 Intensity: 32.60 tCO2e/$MZhejiang Jiuzhou PharmaceuticalYear: 2023Scope 1: 48,815 tCO2eRevenue: $M 777Scope 1 Intensity: 62.81 tCO2e/$MYuhanYear: 2024Scope 1: 7,059 tCO2eRevenue: $M 1,409Scope 1 Intensity: 5.01 tCO2e/$MCiplaYear: 2025Scope 1: 38,283 tCO2eRevenue: $M 3,177Scope 1 Intensity: 12.05 tCO2e/$MAAAmneal PharmaceuticalsYear: 2024Scope 1: 40,500 tCO2eRevenue: $M 2,794Scope 1 Intensity: 14.50 tCO2e/$MTsumura & CoYear: 2021Scope 1: 39,385 tCO2eRevenue: $M 1,055Scope 1 Intensity: 37.32 tCO2e/$MTasly Pharmaceutical GroupYear: 2024Scope 1: 37,370 tCO2eRevenue: $M 1,164Scope 1 Intensity: 32.09 tCO2e/$MLotus PharmaceuticalYear: 2024Scope 1: 2,672 tCO2eRevenue: $M 567Scope 1 Intensity: 4.71 tCO2e/$MHepalinkYear: 2024Scope 1: 18,284 tCO2eRevenue: $M 724Scope 1 Intensity: 25.27 tCO2e/$MLupinYear: 2025Scope 1: 82,174 tCO2eRevenue: $M 2,597Scope 1 Intensity: 31.64 tCO2e/$MDDDa Ren TangYear: 2023Scope 1: 5,902 tCO2eRevenue: $M 1,157Scope 1 Intensity: 5.10 tCO2e/$MAspen Pharmacare HoldingsYear: 2025Scope 1: 32,776 tCO2eRevenue: $M 2,450Scope 1 Intensity: 13.38 tCO2e/$MChina Medical System HoldingsYear: 2023Scope 1: 1,628 tCO2eRevenue: $M 1,233Scope 1 Intensity: 1.32 tCO2e/$MHyperaYear: 2023Scope 1: 28,386 tCO2eRevenue: $M 1,632Scope 1 Intensity: 17.40 tCO2e/$MFagronYear: 2023Scope 1: 4,218 tCO2eRevenue: $M 844Scope 1 Intensity: 4.99 tCO2e/$M

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

In 2023, Fagron reported a Scope 1 emissions intensity of 4.99 tCO₂e per millions USD. Compared to the peer group median of 12.76 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2023, Fagron ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Fagron's Total Carbon Footprint

In 2023, Fagron reported a total carbon footprint of 170,149 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,188.62% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Fagron's total carbon footprint was Scope 3 emissions, accounting for 92.74% of the company's total carbon footprint, followed by Scope 2 emissions at 4.78%. a

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