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In 2024, Valneva 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).
Valneva has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofValneva amounted to3,776metric 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 2022, the total operational greenhouse gas (GHG) emissions of Valnevadecreased by 0.87%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Valneva were 1,277 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2022), Valneva's Scope 1 emissions decreased by 32.43%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Valneva reported Scope 2 greenhouse gas (GHG) emissions of 2,499 tCOâ‚‚e using the location-based method.a
Compared to the previous year(2022), Valneva's Scope 2 emissions(Location-Based) rose by 30.22% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Valneva reported its Scope 2 emissions using the location-based method.a
In 2024, Valneva reported 55,534 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Valneva includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Valneva reported total Scope 3 emissions of 55,534 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 98.56%of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.44%came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, Valneva reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Valneva's Scope 3 emissions were:a
In 2024, Valneva reported Scope 1 greenhouse gas (GHG) emissions of 1,277 tCOâ‚‚e and total revenues of USD 176 millions. This translates into an emissions intensity of 7.24 tCOâ‚‚e per millions USD.a
In 2024, Valneva reported a Scope 1 emissions intensity of 7.24 tCOâ‚‚e per millions USD. Compared to the peer group median of 7.17, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Valneva ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Valneva is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Valneva reported a total carbon footprint of 59,310 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,457.1% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Valneva's total carbon footprint was Scope 3 emissions, accounting for 93.63% of the company's total carbon footprint, followed by Scope 2 emissions at 4.21%.a