Incyte Corp

Common Name
Incyte
Country
United States
Sector
Healthcare
Industry
Biotechnology
Employees
2,617
Ticker
INCY
Exchange
NASDAQ/NGS
Description
Incyte Corporation is a biopharmaceutical company dedicated to the discovery, development, and commercialization of innovative therapeutics. With a focus on oncology and inflammation, Incyte aims to a...

Incyte's GHG Emissions Data Preview

In 2024, Incyte 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).

Incyte has also provided a category-level breakdown for 4 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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Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Incyte’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 Incyte’s data sources below and access millions more through our Disclosure Search.

a. Incyte's Responsibility Report 2024
a. Incyte's Responsibility Report 2024

Insights into Incyte's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Incyte amounted to 16,092 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 Incyte increased by 4.29%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Incyte's Scope 1 Emissions Over Time

20192020202120222023202402.5 k5 k7.5 k10 ktCO2e-2%+36%+27%+16%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Incyte's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Incyte were 9,576 metric tons of CO₂ equivalent (tCO₂e). a

Has Incyte reduced its Scope 1 emissions over time?

Since 2019, Incyte's Scope 1 emissions have increased by 100.54%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Incyte's Scope 1 emissions increased by 2.41%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Incyte's Scope 2 emissions?

In 2024, Incyte reported Scope 2 greenhouse gas (GHG) emissions of 901 tCO₂e using the market-based method and 6,516 tCO₂e using the location-based method. a

Has Incyte reduced its Scope 2 emissions over time?

Since 2019, Incyte's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 12.54%, reflecting a declining long-term trend in Scope 2 emissions over time. a

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

What methodology does Incyte use for Scope 2 reporting?

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

Incyte's Scope 2 Emissions Over Time

20192020202120222023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Incyte's Value Chain Emissions

In 2024, Incyte reported 12,667 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 Incyte includes a breakdown across 4 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. a

Incyte's Scope 3 Emissions Over Time

20192020202120222023202403.5 k7 k10.5 k14 ktCO2e-48%+13%+158%+18%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Incyte's Scope 3 emissions?

In 2024, Incyte reported total Scope 3 emissions of 12,667 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Incyte reduced its Scope 3 emissions over time?

Since 2019, Incyte's Scope 3 emissions have increased by 76.79%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Incyte's Scope 3 emissions remained relatively stable, indicating that Incyte 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Incyte disclose?

In 2024, Incyte reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

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

  • Business Travel (Cat. 6): 4,806 tCO₂e (37.94%)
  • Employee Commuting (Cat. 7): 3,790 tCO₂e (29.92%)
  • Fuel- and Energy-Related Services (Cat. 3): 3,703 tCO₂e (29.23%)

Incyte's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(29.9%)Business Travel(Cat. 6)(37.9%)Fuel- andEnergy-RelatedServices (Cat. 3)(29.2%)

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

In 2024, Incyte reported Scope 1 greenhouse gas (GHG) emissions of 9,576 tCO₂e and total revenues of USD 4,241 millions. This translates into an emissions intensity of 2.26 tCO₂e per millions USD. a

Incyte's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,0001,000,000Scope 1 Emissions (tCO2e)101005005,00050,000Revenues (Millions of USD)Bio-TechneYear: 2023Scope 1: 3,001 tCO2eRevenue: $M 1,137Scope 1 Intensity: 2.64 tCO2e/$MResmedYear: 2023Scope 1: 4,453 tCO2eRevenue: $M 4,223Scope 1 Intensity: 1.05 tCO2e/$MInsmedYear: 2024Scope 1: 1,666 tCO2eRevenue: $M 364Scope 1 Intensity: 4.58 tCO2e/$MLegend BiotechYear: 2024Scope 1: 769 tCO2eRevenue: $M 627Scope 1 Intensity: 1.23 tCO2e/$MAvantorYear: 2023Scope 1: 26,095 tCO2eRevenue: $M 6,967Scope 1 Intensity: 3.75 tCO2e/$MFrontage HoldingsYear: 2023Scope 1: 2,883 tCO2eRevenue: $M 2,027Scope 1 Intensity: 1.42 tCO2e/$MEdwards LifesciencesYear: 2024Scope 1: 15,682 tCO2eRevenue: $M 5,439Scope 1 Intensity: 2.88 tCO2e/$MRegeneron PharmaceuticalsYear: 2024Scope 1: 80,300 tCO2eRevenue: $M 14,202Scope 1 Intensity: 5.65 tCO2e/$MHalozyme TherapeuticsYear: 2024Scope 1: 1,348 tCO2eRevenue: $M 1,015Scope 1 Intensity: 1.33 tCO2e/$MBiogenYear: 2024Scope 1: 56,611 tCO2eRevenue: $M 9,676Scope 1 Intensity: 5.85 tCO2e/$MZoetisYear: 2023Scope 1: 111,637 tCO2eRevenue: $M 8,544Scope 1 Intensity: 13.07 tCO2e/$MHenry ScheinYear: 2024Scope 1: 33,555 tCO2eRevenue: $M 12,673Scope 1 Intensity: 2.65 tCO2e/$MModernaYear: 2023Scope 1: 11,240 tCO2eRevenue: $M 6,754Scope 1 Intensity: 1.66 tCO2e/$MAgilent TechnologiesYear: 2024Scope 1: 29,698 tCO2eRevenue: $M 6,510Scope 1 Intensity: 4.56 tCO2e/$MSarepta TherapeuticsYear: 2023Scope 1: 3,428 tCO2eRevenue: $M 1,243Scope 1 Intensity: 2.76 tCO2e/$MBaxter InternationalYear: 2024Scope 1: 324,000 tCO2eRevenue: $M 10,636Scope 1 Intensity: 30.46 tCO2e/$MQuest DiagnosticsYear: 2021Scope 1: 238,910 tCO2eRevenue: $M 10,788Scope 1 Intensity: 22.15 tCO2e/$MCytokineticsYear: 2024Scope 1: 242 tCO2eRevenue: $M 18Scope 1 Intensity: 13.10 tCO2e/$MAlnylam PharmaceuticalsYear: 2024Scope 1: 3,832 tCO2eRevenue: $M 2,248Scope 1 Intensity: 1.70 tCO2e/$MBioMarin PharmaceuticalYear: 2022Scope 1: 14,000 tCO2eRevenue: $M 2,096Scope 1 Intensity: 6.68 tCO2e/$MIonis PharmaceuticalsYear: 2024Scope 1: 2,616 tCO2eRevenue: $M 705Scope 1 Intensity: 3.71 tCO2e/$MVertex PharmaceuticalsYear: 2024Scope 1: 8,976 tCO2eRevenue: $M 11,020Scope 1 Intensity: 0.81 tCO2e/$MIncyteYear: 2024Scope 1: 9,576 tCO2eRevenue: $M 4,241Scope 1 Intensity: 2.26 tCO2e/$M

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

In 2024, Incyte reported a Scope 1 emissions intensity of 2.26 tCO₂e per millions USD. Compared to the peer group median of 3.3 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2024, Incyte ranked 8 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Incyte's Total Carbon Footprint

In 2024, Incyte reported a total carbon footprint of 28,759 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.43% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Incyte's total carbon footprint was Scope 3 emissions, accounting for 44.05% of the company's total carbon footprint, followed by Scope 1 emissions at 33.3%. a

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