Galapagos NV
Galapagos's GHG Emissions Data Preview
In 2023, Galapagos 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).
Galapagos 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Galapagos's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Galapagos amounted to 4,054 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Galapagos increased by 0.62%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Galapagos's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Galapagos's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Galapagos were 2,922 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2022), Galapagos's Scope 1 emissions decreased by 8.11%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Galapagos's Scope 2 emissions?
In 2023, Galapagos reported Scope 2 greenhouse gas (GHG) emissions of 173 tCOâ‚‚e using the market-based method, and 1,132 tCOâ‚‚e using the location-based method.
Has Galapagos reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Galapagos's Scope 2 emissions (Location-Based) rose by 33.33% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Galapagos use for Scope 2 reporting?
In 2023, Galapagos reported its Scope 2 emissions using the market-based method and using the location-based method.
Galapagos's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Galapagos's Value Chain Emissions
In 2023, Galapagos reported 36,537 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Galapagos includes a breakdown across 10 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.
Galapagos's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Galapagos's Scope 3 emissions?
In 2023, Galapagos reported total Scope 3 emissions of 36,537 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 99.95% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.05% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), Galapagos's Scope 3 emissions decreased by 33.09%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Galapagos disclose?
In 2023, Galapagos reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Galapagos's Scope 3 emissions?
In 2023, the largest contributors to Galapagos's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 28,257 tCOâ‚‚e (77.34%)
- Capital Goods (Cat. 2): 4,534 tCOâ‚‚e (12.41%)
- Business Travel (Cat. 6): 1,480 tCOâ‚‚e (4.05%)
Galapagos's Scope 3 Emissions by Categories
Insights into Galapagos's Total Carbon Footprint
In 2023, Galapagos reported a total carbon footprint of 40,591 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 30.78% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Galapagos's total carbon footprint was Scope 3 emissions, accounting for 90.01% of the company's total carbon footprint, followed by Scope 1 emissions at 7.2%.