Orion Oyj

Country
Finland
Sector
Healthcare
Industry
Drug Manufacturers - General
Employees
3,657
Ticker
ORNBV
Exchange
NASDAQ HELSINKI LTD
Description
Orion Oyj is a leading Finnish pharmaceutical company that plays a significant role in the development and manufacturing of a broad range of medical products. Its primary function is to innovate and p...

Orion Oyj's GHG Emissions Data Preview

In 2024, Orion Oyj 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).

Orion Oyj has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Download Data

Verified Sources Behind Orion Oyj’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 Orion Oyj’s data sources below and access millions more through our Disclosure Search.

a. Orion Oyj's Annual Report 2024
a. Orion Oyj's Annual Report 2024
b. Orion Oyj's Sustainability Report 2023
b. Orion Oyj's Sustainability Report 2023
c. Orion Oyj's Sustainability Report 2022
c. Orion Oyj's Sustainability Report 2022

Insights into Orion Oyj's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Orion Oyj amounted to 16,873 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 Orion Oyj decreased by 2.11%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Orion Oyj's Scope 1 Emissions Over Time

2020202120222023202401.5 k3 k4.5 k6 ktCO2e+42%+16%+8%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Orion Oyj's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Orion Oyj were 5,625 metric tons of CO₂ equivalent (tCO₂e). a

Has Orion Oyj reduced its Scope 1 emissions over time?

Since 2020, Orion Oyj's Scope 1 emissions have increased by 81.33%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Orion Oyj's Scope 1 emissions increased by 2.07%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Orion Oyj's Scope 2 emissions?

In 2024, Orion Oyj reported Scope 2 greenhouse gas (GHG) emissions of 5,330 tCO₂e using the market-based method and 11,248 tCO₂e using the location-based method. a

Has Orion Oyj reduced its Scope 2 emissions over time?

Since 2020, Orion Oyj's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 49.53%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

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

What methodology does Orion Oyj use for Scope 2 reporting?

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

Orion Oyj's Scope 2 Emissions Over Time

2020202120222023202406 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Orion Oyj's Value Chain Emissions

In 2024, Orion Oyj reported 361,961 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 Orion Oyj includes a breakdown across 13 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

Orion Oyj's Scope 3 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e+130828%+8%+52%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Orion Oyj's Scope 3 emissions?

In 2024, Orion Oyj reported total Scope 3 emissions of 361,961 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 98.55% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.45% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Orion Oyj reduced its Scope 3 emissions over time?

Since 2020, Orion Oyj's Scope 3 emissions have increased by 185,521.03%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2023), Orion Oyj's Scope 3 emissions decreased by 13.3%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Orion Oyj disclose?

In 2024, Orion Oyj reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

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

  • Purchased Goods and Services (Cat. 1): 277,588 tCO₂e (76.69%)
  • Upstream Transportation and Distribution (Cat. 4): 25,426 tCO₂e (7.02%)
  • Waste Generated in Operations (Cat. 5): 20,333 tCO₂e (5.62%)

Orion Oyj's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(5.6%)Purchased Goods andServices (Cat. 1)(76.7%)UpstreamTransportation andDistribution(Cat. 4)(7.0%)

Insights into Orion Oyj’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Orion Oyj reported Scope 1 greenhouse gas (GHG) emissions of 5,625 tCO₂e and total revenues of USD 1,605 millions. This translates into an emissions intensity of 3.5 tCO₂e per millions USD. a

Orion Oyj's Scope 1 Emissions Intensity Compared to Peers

2005,00050,000500,00010,000,000Scope 1 Emissions (tCO2e)1005005,00020,000200,000Revenues (Millions of USD)ZCTOGlaxoSmithKline PharmaceuticalsYear: 2025Scope 1: 1,003 tCO2eRevenue: $M 436Scope 1 Intensity: 2.30 tCO2e/$MCosmo PharmaceuticalsYear: 2024Scope 1: 5,658 tCO2eRevenue: $M 260Scope 1 Intensity: 21.74 tCO2e/$MSanten PharmaceuticalYear: 2024Scope 1: 17,372 tCO2eRevenue: $M 1,994Scope 1 Intensity: 8.71 tCO2e/$MKalbe FarmaYear: 2024Scope 1: 19,895 tCO2eRevenue: $M 2,028Scope 1 Intensity: 9.81 tCO2e/$MZZZhangzhou Pientzehuang PharmaceuticalYear: 2023Scope 1: 2,301 tCO2eRevenue: $M 1,415Scope 1 Intensity: 1.63 tCO2e/$MPfizerYear: 2024Scope 1: 613,218 tCO2eRevenue: $M 63,627Scope 1 Intensity: 9.64 tCO2e/$MChugai PharmaceuticalYear: 2024Scope 1: 51,143 tCO2eRevenue: $M 7,456Scope 1 Intensity: 6.86 tCO2e/$MOtsuka HoldingsYear: 2021Scope 1: 1,030,000 tCO2eRevenue: $M 13,021Scope 1 Intensity: 79.10 tCO2e/$MAmgenYear: 2024Scope 1: 147,000 tCO2eRevenue: $M 33,424Scope 1 Intensity: 4.40 tCO2e/$MVirbacYear: 2024Scope 1: 10,966 tCO2eRevenue: $M 1,454Scope 1 Intensity: 7.54 tCO2e/$MAstellas PharmaYear: 2023Scope 1: 59,203 tCO2eRevenue: $M 11,401Scope 1 Intensity: 5.19 tCO2e/$MJiangsu Hengrui PharmaceuticalsYear: 2024Scope 1: 8,517 tCO2eRevenue: $M 3,835Scope 1 Intensity: 2.22 tCO2e/$MOrganon & CoYear: 2024Scope 1: 34,200 tCO2eRevenue: $M 6,403Scope 1 Intensity: 5.34 tCO2e/$MAbbVieYear: 2024Scope 1: 300,072 tCO2eRevenue: $M 56,334Scope 1 Intensity: 5.33 tCO2e/$MDaiichi SankyoYear: 2024Scope 1: 91,836 tCO2eRevenue: $M 10,576Scope 1 Intensity: 8.68 tCO2e/$MGSKYear: 2024Scope 1: 521,000 tCO2eRevenue: $M 39,374Scope 1 Intensity: 13.23 tCO2e/$MAstraZenecaYear: 2024Scope 1: 125,386 tCO2eRevenue: $M 39,894Scope 1 Intensity: 3.14 tCO2e/$MBayerYear: 2024Scope 1: 1,880,000 tCO2eRevenue: $M 48,499Scope 1 Intensity: 38.76 tCO2e/$MCCCSPC Pharmaceutical GroupYear: 2024Scope 1: 474,567 tCO2eRevenue: $M 4,327Scope 1 Intensity: 109.67 tCO2e/$MRoche HoldingYear: 2024Scope 1: 245,832 tCO2eRevenue: $M 68,903Scope 1 Intensity: 3.57 tCO2e/$MMerck & Co IncYear: 2024Scope 1: 721,200 tCO2eRevenue: $M 64,168Scope 1 Intensity: 11.24 tCO2e/$MRecordatiYear: 2024Scope 1: 37,280 tCO2eRevenue: $M 2,437Scope 1 Intensity: 15.30 tCO2e/$MSichuan Kelun PharmaceuticalYear: 2024Scope 1: 2,361,763 tCO2eRevenue: $M 2,989Scope 1 Intensity: 790.21 tCO2e/$MTTTong Ren Tang TechnologiesYear: 2024Scope 1: 30,000 tCO2eRevenue: $M 1,086Scope 1 Intensity: 27.62 tCO2e/$MKyowa KirinYear: 2024Scope 1: 16,133 tCO2eRevenue: $M 3,157Scope 1 Intensity: 5.11 tCO2e/$MOOOrion OyjYear: 2024Scope 1: 5,625 tCO2eRevenue: $M 1,605Scope 1 Intensity: 3.50 tCO2e/$M

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

In 2024, Orion Oyj reported a Scope 1 emissions intensity of 3.5 tCO₂e per millions USD. Compared to the peer group median of 8.68 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Orion Oyj rank on GHG emissions intensity within its industry?

In 2024, Orion Oyj ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Orion Oyj's Total Carbon Footprint

In 2024, Orion Oyj reported a total carbon footprint of 378,834 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.85% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Orion Oyj's total carbon footprint was Scope 3 emissions, accounting for 95.55% of the company's total carbon footprint, followed by Scope 2 emissions at 2.97%. a

Want Full Access to Orion Oyj's GHG Emissions Dataset?
Sign Up