Viridian Therapeutics, Inc. is a biopharmaceutical company dedicated to discovering, developing, and commercializing potential best-in-class medicines for patients with serious and rare diseases. The ... Viridian Therapeutics, Inc. is a biopharmaceutical company dedicated to discovering, developing, and commercializing potential best-in-class medicines for patients with serious and rare diseases. The company specializes in antibody discovery and protein engineering to create differentiated therapeutic candidates targeting previously validated drug targets in established disease areas. Viridian is primarily focused on therapies for thyroid eye disease (TED), advancing multiple clinical candidates including veligrotug (VRDN-001) and VRDN-003, both undergoing pivotal phase 3 trials worldwide. Beyond TED, Viridian is developing a portfolio of neonatal Fc receptor (FcRn) inhibitors aimed at treating multiple autoimmune diseases. The company strives to improve treatment options by offering therapies that are safe, effective, and easy to use for people affected by autoimmune and rare diseases. Viridian maintains a strong financial position to support its clinical programs and commercial preparations, highlighting its significant role in the biopharmaceutical market addressing unmet medical needs in rare and autoimmune conditions.
In 2024, Viridien was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Viridien has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Viridien are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes)
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned A1 Turnover
Portion of total company turnover generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.
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Total Taxonomy Eligible A Turnover
Total turnover of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.
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Total Taxonomy Non-Eligible B Turnover
Total turnover of the company associated with activities that are not listed as eligible under the EU Taxonomy.
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8.1 CCM/CCA - Data processing, hosting and related activities
8.1 CCM/CCA - Data processing, hosting and related activities
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Metric (tonnes)
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned A1 Opex
Portion of total company OPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.
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Total Taxonomy Eligible A Opex
Total OPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.
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Total Taxonomy Non-Eligible B Opex
Total OPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.
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8.1 CCM/CCA - Data processing, hosting and related activities
8.1 CCM/CCA - Data processing, hosting and related activities
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Metric (tonnes)
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned A1 Capex
Portion of total company CAPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.
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Total Taxonomy Eligible A Capex
Total CAPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.
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Total Taxonomy Non-Eligible B Capex
Total CAPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.
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8.1 CCM/CCA - Data processing, hosting and related activities
8.1 CCM/CCA - Data processing, hosting and related activities
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Verified Sources Behind Viridien’s EU Taxonomy 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 Viridien’s data sources below and access millions more through our Disclosure Search.
c. Viridien's Universal Registration Document (URD) 2022
Insights into Viridien's Revenues from Sustainable Activities
In 2024, Viridien reported EU Taxonomy-eligible revenues of USD 460.00 million, representing 38% of its total turnover. Of this amount, USD 391.00 million of Viridien's revenues was classified as EU Taxonomy-aligned, indicating that 32.3% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Viridien's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Viridien's revenues become more sustainable over time?
Since 2022, Viridien's taxonomy-aligned revenues increased by 108.39%,reflecting a sustained upward trend in environmentally sustainable revenue generation.a, c
How much of Viridien's revenue is eligible under the EU Taxonomy?
In 2024, Viridien reported that USD 460.00 million of its revenue was eligible under the EU Taxonomy, representing 38% of the company's total turnover. Of this amount, USD 391.00 million (32.3% of total revenue) was classified as Taxonomy-aligned. This means that 5.7% of Viridien's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
How much of Viridien's eligible revenue is aligned with the EU Taxonomy?
In 2024, Viridien reported that USD 391.00 million of its revenue was aligned under the EU Taxonomy, representing 32.3% of its total turnover.a
This moderate level of alignment indicates that Viridien has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Viridien's Eligibility & Alignment Overview
Viridien's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Viridien's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Viridien reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0%
Climate Change Adaptation: 32.3%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Viridien earn from selling climate-related solutions ?
In 2024, Viridien reported that USD 391.15 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 32.3% of the company's total revenue,indicating that Viridienhas a moderate focuson solutions that support climate action through its commercial activities.a
Insights into Viridien's CAPEX from Sustainable Activities
In 2024, Viridien reported EU Taxonomy-eligible CAPEX of USD 34.00 million,representing 33.3% of its total CAPEX. Of this amount, USD 31.00 million of Viridien's CAPEX was classified as EU Taxonomy-aligned, indicating that 30% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Viridien's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Viridien's increased its investment in sustainable activities over time?
Since 2022, Viridien's taxonomy-aligned capital expenditure (CAPEX)increased by 98.68%,pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.a, c
How much of Viridien's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Viridien reported that USD 34.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 33.3% of the company's total CAPEX. Of this amount, USD 31.00 million (30% of total CAPEX) was classified as Taxonomy-aligned. This means that 3.3% of Viridien's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Viridien's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Viridien reported that USD 31.00 million of its CAPEX was aligned under the EU Taxonomy, representing 30% of its total capital investment.a
This moderate level of alignment indicates that Viridien is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Viridien's Eligibility & Alignment Overview
Viridien's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Viridien's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Viridien reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0%
Climate Change Adaptation: 30%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Viridien is investing in climate-related solutions?
In 2024, Viridien allocated USD 30.90 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 30% of the company's total capital expenditure,indicating that Viridienis moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
Insights into Viridien's OPEX from Sustainable Activities
In 2024, Viridien reported EU Taxonomy-eligible OPEX of USD 28.00 million,representing 4% of its total operating expenses (OPEX). Of this amount, USD 22.00 million of Viridien's OPEX was classified as EU Taxonomy-aligned, indicating that 3.2% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Viridien's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Viridien's increased its spending in sustainable activities over time?
Since 2022, Viridien's taxonomy-aligned operating expenditure (OPEX)increased by 190.91%,pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.a, c
How much of Viridien's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Viridien reported that USD 28.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 4% of the company's total OPEX. Of this amount, USD 22.00 million (3.2% of total OPEX) was classified as Taxonomy-aligned. This means that 0.8% of Viridien's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Viridien's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Viridien reported that USD 22.00 million of its OPEX was aligned under the EU Taxonomy, representing 3.2% of its total operational expenditure.a
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
Viridien's Eligibility & Alignment Overview
Viridien's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Viridien's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Viridien reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0%
Climate Change Adaptation: 3.2%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of Viridien's operational budget supports climate-related solutions?
In 2024, Viridien allocated USD 22.24 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 3.2% of the company's total OPEX,indicating that Viridienhas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.a
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