Samsung Biologics Co Ltd

Common Name
Samsung Biologics
Country
South Korea
Sector
Healthcare
Industry
Biotechnology
Employees
4,770
Ticker
207940
Exchange
KOREA EXCHANGE
Description
Samsung Biologics Co., Ltd. is a key player in the biopharmaceutical manufacturing and services industry. Established as a subsidiary of Samsung Group, it focuses on the development and manufacturing ...

Samsung Biologics's Climate Target Data Preview

As of 2024, Samsung Biologics has disclosed 36 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 36 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Samsung Biologics ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Capital Goods (Cat. 2)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Waste Generated in Operations (Cat. 5)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Processing of Sold Products (Cat. 10)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 3 - Capital Goods (Cat. 2)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target*
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 3 - Capital Goods (Cat. 2)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target*
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 Samsung Biologics's Greenhouse Gas Emissions Pathways

As of 2024, Samsung Biologics has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Samsung Biologics have a target to reduce the emissions from its operations?

As of 2024, Samsung Biologics has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Samsung Biologics's most ambitious operational target is to reduce these emissions by 67% by 2050, compared to a baseline of 114,372 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

Instead of reducing operational emissions, Samsung Biologics has increased them, with 2023 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.

Samsung Biologics's Operational (Scope 1+2) Emissions Pathway

20222023203020402050040 k80 k120 k160 kBaselineCurrent (+36%)Target 2030 (-20%)Target 2040 (-43%)Target 2050 (-67%)

Does Samsung Biologics have a target to reduce the emissions from its value chain?

As of 2024, Samsung Biologics has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Samsung Biologics's most ambitious value chain target is to reduce these emissions by 96% by 2050, compared to a baseline of 791,713 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2023, Samsung Biologics is ahead of schedule on its value chain emissions reduction target, having achieved 26.79% of the planned reduction.

Samsung Biologics's Value Chain (Scope 3) Emissions Pathway

202220232030204020500200 k400 k600 k800 kBaselineCurrent (-26%)Target 2040 (-70%)Target 2050 (-96%)
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