Royalty Pharma PLC

Common Name
Royalty Pharma
Country
United States
Sector
Healthcare
Industry
Biotechnology
Employees
N/A
Ticker
RPRX
Exchange
NASDAQ/NGS
Description
Royalty Pharma plc is a unique player in the pharmaceutical sector, specializing in the acquisition of biopharmaceutical royalties. Its primary function is to provide critical funding to research and ...

Royalty Pharma's GHG Emissions Data Preview

In 2023, Royalty Pharma completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 3 (indirect emissions across the value chain).

Royalty Pharma has also provided a category-level breakdown for 1 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Royalty Pharma's Operational Emissions

No operational GHG emissions data disclosed for $Royalty Pharma in $2023.

Insights into Royalty Pharma's Value Chain Emissions

In 2023, Royalty Pharma reported 32,002 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Royalty Pharma includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Royalty Pharma's Scope 3 Emissions Over Time

20212022202308.5 k17 k25.5 k34 ktCO2e+6%+63%
  • Total Scope 3
  • Year-over-Year Change

What are Royalty Pharma's Scope 3 emissions?

In 2023, Royalty Pharma reported total Scope 3 emissions of 32,002 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Royalty Pharma reduced its Scope 3 emissions over time?

Since 2021, Royalty Pharma's Scope 3 emissions have increased by 73.5%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Royalty Pharma's Scope 3 emissions increased by 63.19%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Royalty Pharma disclose?

In 2023, Royalty Pharma reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Royalty Pharma's Scope 3 emissions?

In 2023, the largest contributors to Royalty Pharma's Scope 3 emissions were:

  • Investments (Cat. 15): 32,002 tCOâ‚‚e (100%)

Royalty Pharma's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)
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