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
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.
a
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.
a
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.
a
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
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.
a
0000000
Download Data

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
a. Recordati's Financial Report 2024
b. Recordati's Annual Report 2022
b. Recordati's Annual Report 2022

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 GHG Emissions Intensity Compared to Industry Peers

In 2024, Recordati reported Scope 1 greenhouse gas (GHG) emissions of 37,280 tCO₂e and total revenues of USD 2,437 millions. This translates into an emissions intensity of 15.3 tCO₂e per millions USD. a

Recordati's Scope 1 Emissions Intensity Compared to Peers

2005,00050,000500,00010,000,000Scope 1 Emissions (tCO2e)1005005,00020,000200,000Revenues (Millions of USD)ZCTOStevanato GroupYear: 2023Scope 1: 45,525 tCO2eRevenue: $M 1,201Scope 1 Intensity: 37.90 tCO2e/$MGlaxoSmithKline 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: $M 1,415Scope 1 Intensity: 1.63 tCO2e/$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: $M 64,168Scope 1 Intensity: 11.24 tCO2e/$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: $M 1,605Scope 1 Intensity: 3.50 tCO2e/$MRecordatiYear: 2024Scope 1: 37,280 tCO2eRevenue: $M 2,437Scope 1 Intensity: 15.30 tCO2e/$M

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

In 2024, Recordati reported a Scope 1 emissions intensity of 15.3 tCO₂e per millions USD. Compared to the peer group median of 7.54 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Recordati rank on GHG emissions intensity within its industry?

In 2024, Recordati ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Recordati is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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

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