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 2023, 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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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 Incyte's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Incyte amounted to 15,430 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 Incyte increased by 6.99%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Incyte's Scope 1 Emissions Over Time

2019202020212022202302.5 k5 k7.5 k10 ktCO2e-2%+36%+27%+16%
  • Total Scope 1
  • Year-over-Year Change

What are Incyte's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Incyte were 9,351 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Incyte reduced its Scope 1 emissions over time?

Since 2019, Incyte's Scope 1 emissions have increased by 95.83%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Incyte's Scope 1 emissions increased by 15.99%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Incyte's Scope 2 emissions?

In 2023, Incyte reported Scope 2 greenhouse gas (GHG) emissions of 865 tCOâ‚‚e using the market-based method, and 6,079 tCOâ‚‚e using the location-based method.

Has Incyte reduced its Scope 2 emissions over time?

Since 2019, Incyte's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 18.4%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), 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.

What methodology does Incyte use for Scope 2 reporting?

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

Incyte's Scope 2 Emissions Over Time

2019202020212022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Incyte's Value Chain Emissions

In 2023, Incyte reported 12,924 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 Incyte includes a breakdown across 4 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.

Incyte's Scope 3 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e-48%+13%+158%+18%
  • Total Scope 3
  • Year-over-Year Change

What are Incyte's Scope 3 emissions?

In 2023, Incyte reported total Scope 3 emissions of 12,924 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has Incyte reduced its Scope 3 emissions over time?

Since 2019, Incyte's Scope 3 emissions have increased by 80.38%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Incyte's Scope 3 emissions increased by 18.38%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Incyte disclose?

In 2023, Incyte reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Incyte's Scope 3 emissions were:

  • Business Travel (Cat. 6): 4,549 tCOâ‚‚e (35.2%)
  • Employee Commuting (Cat. 7): 4,185 tCOâ‚‚e (32.38%)
  • Fuel- and Energy-Related Services (Cat. 3): 3,830 tCOâ‚‚e (29.63%)

Incyte's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(29.6%)Business Travel(Cat. 6)(35.2%)Employee Commuting(Cat. 7)(32.4%)

Insights into Incyte's Total Carbon Footprint

In 2023, Incyte reported a total carbon footprint of 28,354 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.9% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Incyte's total carbon footprint was Scope 3 emissions, accounting for 45.58% of the company's total carbon footprint, followed by Scope 1 emissions at 32.98%.

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