Recordati Industria Chimica e Farmaceutica SpA

Common Name
Recordati
Country
Italy
Sector
Healthcare
Industry
Drug Manufacturers - General
Employees
4,450
Ticker
REC
Exchange
EURONEXT MILAN
Description
Recordati Industria Chimica e Farmaceutica S.p.A. is a prominent pharmaceutical company known for its development, manufacturing, and marketing of pharmaceuticals and pharmaceutical chemicals. The com...

Recordati's GHG Emissions Data Preview

In 2024, Recordati 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).

Recordati has also provided a category-level breakdown for 10 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Recordati’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 Recordati’s data sources below and access millions more through our Disclosure Search.

a. Recordati's Financial Report 2024
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b. Recordati's Annual Report 2022
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Insights into Recordati's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Recordati amounted to 46,065 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 Recordati decreased by 1.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Recordati's Scope 1 Emissions Over Time

202120222023202409.5 k19 k28.5 k38 ktCO2e+1%-3%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Recordati's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Recordati were 37,280 metric tons of CO₂ equivalent (tCO₂e). a

Has Recordati reduced its Scope 1 emissions over time?

Since 2021, Recordati's Scope 1 emissions have remained relatively, stable, indicating that Recordati's emissions have plateaued with no significant change in its operational footprint. a b

Compared to the previous year (2023), Recordati's Scope 1 emissions increased by 1.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Recordati's Scope 2 emissions?

In 2024, Recordati reported Scope 2 greenhouse gas (GHG) emissions of 1,714 tCO₂e using the market-based method and 8,785 tCO₂e using the location-based method. a

Has Recordati reduced its Scope 2 emissions over time?

Since 2021, Recordati's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Recordati 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), Recordati's Scope 2 emissions (Location-Based) fell by 11.98% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Recordati use for Scope 2 reporting?

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

Recordati's Scope 2 Emissions Over Time

202120222023202403 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Recordati's Value Chain Emissions

In 2024, Recordati reported 307,517 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 Recordati includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Recordati's Scope 3 Emissions Over Time

2024080 k160 k240 k320 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Recordati's Scope 3 emissions?

In 2024, Recordati reported total Scope 3 emissions of 307,517 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 96.93% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.07% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Recordati disclose?

In 2024, Recordati reported emissions for 10 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 Recordati's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 193,463 tCO₂e (62.91%)
  • Capital Goods (Cat. 2): 46,952 tCO₂e (15.27%)
  • Upstream Transportation and Distribution (Cat. 4): 34,330 tCO₂e (11.16%)

Recordati's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(15.3%)Purchased Goods andServices (Cat. 1)(62.9%)UpstreamTransportation andDistribution(Cat. 4)(11.2%)

Insights into Recordati's Total Carbon Footprint

In 2024, Recordati reported a total carbon footprint of 353,582 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 658.96% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Recordati's total carbon footprint was Scope 3 emissions, accounting for 86.97% of the company's total carbon footprint, followed by Scope 1 emissions at 10.54%. a

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