InnoCare Pharma Ltd

Common Name
InnoCare Pharma
Country
China (Mainland)
Sector
Healthcare
Industry
Biotechnology
Employees
1,176
Ticker
688428
Exchange
SHANGHAI STOCK EXCHANGE
Description
InnoCare Pharma Ltd. is a biopharmaceutical company engaged in the discovery, development, and commercialization of innovative treatments for diseases with substantial unmet clinical needs. Focused pr...

InnoCare Pharma's GHG Emissions Data Preview

In 2023, InnoCare Pharma 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) and Scope 2 (indirect emissions from purchased energy).

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

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind InnoCare Pharma’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 InnoCare Pharma’s data sources below and access millions more through our Disclosure Search.

a. InnoCare Pharma's ESG Report 2023
a. InnoCare Pharma's ESG Report 2023
b. InnoCare Pharma's Annual Report 2022
b. InnoCare Pharma's Annual Report 2022

Insights into InnoCare Pharma's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of InnoCare Pharma amounted to 12,134.54 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 2022, the total operational greenhouse gas (GHG) emissions of InnoCare Pharma increased by 23.37%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

InnoCare Pharma's Scope 1 Emissions Over Time

202020212022202305101520tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are InnoCare Pharma's Scope 1 emissions?

In 2023, the total Scope 1 emissions of InnoCare Pharma were 19.95 metric tons of CO₂ equivalent (tCO₂e). a

What are InnoCare Pharma's Scope 2 emissions?

In 2023, InnoCare Pharma reported Scope 2 greenhouse gas (GHG) emissions of 12,114.59 tCO₂e without specifying the calculation method. a

Has InnoCare Pharma reduced its Scope 2 emissions over time?

Since 2020, InnoCare Pharma's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 389.16%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), InnoCare Pharma's Scope 2 emissions (Unspecified Calculation Method) rose by 23.17% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does InnoCare Pharma use for Scope 2 reporting?

In 2023, InnoCare Pharma reported its Scope 2 emissions using an unspecified methodology. a

InnoCare Pharma's Scope 2 Emissions Over Time

202020212022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into InnoCare Pharma’s GHG Emissions Intensity Compared to Industry Peers

In 2023, InnoCare Pharma reported Scope 1 greenhouse gas (GHG) emissions of 19.95 tCO₂e and total revenues of USD 104 millions. This translates into an emissions intensity of 0.19 tCO₂e per millions USD. a

InnoCare Pharma's Scope 1 Emissions Intensity Compared to Peers

0.5102005,000100,000Scope 1 Emissions (tCO2e)2202002,00020,000Revenues (Millions of USD)AASAntengeneYear: 2023Scope 1: 45 tCO2eRevenue: $M 10Scope 1 Intensity: 4.37 tCO2e/$MShanghai Henlius BiotechYear: 2023Scope 1: 6,909 tCO2eRevenue: $M 830Scope 1 Intensity: 8.32 tCO2e/$MRemeGenYear: 2024Scope 1: 54 tCO2eRevenue: $M 234Scope 1 Intensity: 0.23 tCO2e/$MGenscript BiotechYear: 2024Scope 1: 39,377 tCO2eRevenue: $M 4,637Scope 1 Intensity: 8.49 tCO2e/$MAAAscentage PharmaYear: 2023Scope 1: 2,081 tCO2eRevenue: $M 34Scope 1 Intensity: 61.05 tCO2e/$MShanghai Junshi BiosciencesYear: 2024Scope 1: 5,308 tCO2eRevenue: $M 267Scope 1 Intensity: 19.88 tCO2e/$MEverest MedicinesYear: 2023Scope 1: 0 tCO2eRevenue: $M 19Scope 1 Intensity: 0.02 tCO2e/$MInnovent BiologicsYear: 2023Scope 1: 65 tCO2eRevenue: $M 953Scope 1 Intensity: 0.07 tCO2e/$MAkesoYear: 2024Scope 1: 6,408 tCO2eRevenue: $M 318Scope 1 Intensity: 20.17 tCO2e/$MAAAurisco PharmaceuticalYear: 2024Scope 1: 2,731 tCO2eRevenue: $M 202Scope 1 Intensity: 13.51 tCO2e/$MCARsgen Therapeutics HoldingsYear: 2021Scope 1: 117 tCO2eRevenue: $M 4Scope 1 Intensity: 28.91 tCO2e/$MZai LabYear: 2023Scope 1: 15 tCO2eRevenue: $M 267Scope 1 Intensity: 0.06 tCO2e/$MSSSichuan Kelun-Biotech BiopharmaceuticalYear: 2023Scope 1: 6,335 tCO2eRevenue: $M 237Scope 1 Intensity: 26.78 tCO2e/$MZhifeiYear: 2023Scope 1: 14,211 tCO2eRevenue: $M 7,446Scope 1 Intensity: 1.91 tCO2e/$MKintor PharmaceuticalYear: 2021Scope 1: 29 tCO2eRevenue: $M 5Scope 1 Intensity: 5.35 tCO2e/$MAscletis PharmaYear: 2023Scope 1: 422 tCO2eRevenue: $M 9Scope 1 Intensity: 48.50 tCO2e/$M3SBioYear: 2024Scope 1: 13,304 tCO2eRevenue: $M 1,364Scope 1 Intensity: 9.75 tCO2e/$MVIVA Biotech HoldingsYear: 2022Scope 1: 1,404 tCO2eRevenue: $M 373Scope 1 Intensity: 3.76 tCO2e/$MPharmaron BeijingYear: 2024Scope 1: 34,268 tCO2eRevenue: $M 1,682Scope 1 Intensity: 20.37 tCO2e/$MJacobio Pharmaceuticals GroupYear: 2023Scope 1: 34 tCO2eRevenue: $M 10Scope 1 Intensity: 3.48 tCO2e/$MAsymchem Laboratories (Tianjin)Year: 2023Scope 1: 46,854 tCO2eRevenue: $M 1,101Scope 1 Intensity: 42.55 tCO2e/$MWuXi Biologics (Cayman)Year: 2023Scope 1: 32,687 tCO2eRevenue: $M 2,603Scope 1 Intensity: 12.56 tCO2e/$MAlphamab OncologyYear: 2023Scope 1: 3,970 tCO2eRevenue: $M 34Scope 1 Intensity: 117.90 tCO2e/$MGenor Biopharma HoldingsYear: 2022Scope 1: 18 tCO2eRevenue: $M 3Scope 1 Intensity: 7.17 tCO2e/$MInnoCare PharmaYear: 2023Scope 1: 20 tCO2eRevenue: $M 104Scope 1 Intensity: 0.19 tCO2e/$M

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

In 2023, InnoCare Pharma reported a Scope 1 emissions intensity of 0.19 tCO₂e per millions USD. Compared to the peer group median of 9.12 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does InnoCare Pharma rank on GHG emissions intensity within its industry?

In 2023, InnoCare Pharma ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places InnoCare Pharma among the top performers, with one of the lowest emissions intensities relative to peers. a

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