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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 9,576a | 9,351a | 8,062a | |
Total Scope 2 | ||||
Market-Based | 901a | 865a | 1,247a | |
Location-Based | 6,516a | 6,079a | 6,360a | |
Total Scope 3 | 12,667a | 12,924a | 10,917a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2.2578a | 2.5303a | 2.3749a |
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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
In 2024, the total Scope 1 emissions of Incyte were 9,576 metric tons of CO₂ equivalent (tCO₂e).a
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
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
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
In 2024, Incyte reported its Scope 2 emissions using the market-based method and using the location-based method.a
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
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
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
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.
In 2024, the largest contributors to Incyte's Scope 3 emissions were:a
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
In 2024, Incyte reported a Scope 1 emissions intensity of 2.26 tCO₂e per millions USD. Compared to the peer group median of 3.71, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Incyte ranked 9 out of 21 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
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