Genscript Biotech Corp

Common Name
Genscript Biotech
Country
China (Mainland)
Sector
Healthcare
Industry
Biotechnology
Employees
5,568
Ticker
1548
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
GenScript Biotech Corporation is a prominent entity within the biotechnology sector, specializing in the provision of life sciences research services and products globally. The company serves as a vit...

Genscript Biotech's GHG Emissions Data Preview

In 2024, Genscript Biotech 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).

However, Genscript Biotech has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 Genscript Biotech's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Genscript Biotech amounted to 151,664.17 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 2023, the total operational greenhouse gas (GHG) emissions of Genscript Biotech increased by 14.39%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Genscript Biotech's Scope 1 Emissions Over Time

20232024015 k30 k45 k60 ktCO2e-19%
  • Total Scope 1
  • Year-over-Year Change

What are Genscript Biotech's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Genscript Biotech were 39,376.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), Genscript Biotech's Scope 1 emissions decreased by 19.35%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Genscript Biotech's Scope 2 emissions?

In 2024, Genscript Biotech reported Scope 2 greenhouse gas (GHG) emissions of 114,034.82 tCOâ‚‚e using the market-based method, and 112,287.37 tCOâ‚‚e using the location-based method.

Has Genscript Biotech reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Genscript Biotech's Scope 2 emissions (Location-Based) rose by 34.06% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Genscript Biotech use for Scope 2 reporting?

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

Genscript Biotech's Scope 2 Emissions Over Time

20232024030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Genscript Biotech's Value Chain Emissions

In 2024, Genscript Biotech reported 387,028 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 2024 disclosure of Genscript Biotech includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Genscript Biotech's Scope 3 Emissions Over Time

202320240100 k200 k300 k400 ktCO2e+23%
  • Total Scope 3
  • Year-over-Year Change

What are Genscript Biotech's Scope 3 emissions?

In 2024, Genscript Biotech reported total Scope 3 emissions of 387,028 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), Genscript Biotech's Scope 3 emissions increased by 23%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into Genscript Biotech's Total Carbon Footprint

In 2024, Genscript Biotech reported a total carbon footprint of 538,692.17 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.45% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Genscript Biotech's total carbon footprint was Scope 3 emissions, accounting for 71.85% of the company's total carbon footprint, followed by Scope 2 emissions at 20.84%.