Abacus Medicine
Abacus Medicine, a leading player in the pharmaceutical industry, is headquartered in Denmark (DK) and operates extensively across Europe. Founded in 2004, the company has established itself as a key provider of parallel-imported medicines, ensuring access to high-quality pharmaceuticals at competitive prices. Abacus Medicine's core services include sourcing, distributing, and supplying a wide range of prescription medications, with a focus on efficiency and compliance with regulatory standards. The company is renowned for its commitment to quality assurance and has achieved significant milestones, including partnerships with major healthcare providers. With a strong market position, Abacus Medicine continues to innovate in the pharmaceutical supply chain, making it a trusted name in the industry. Its unique approach to parallel imports not only enhances accessibility but also contributes to cost savings for healthcare systems across its operational regions.
DitchCarbon Score
How does Abacus Medicine's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Pharmaceutical Preparation Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Abacus Medicine's score of 32 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Abacus Medicine's reported carbon emissions
In 2024, Abacus Medicine, headquartered in Denmark (DK), reported total carbon emissions of approximately 553,400 kg CO2e, comprising 235,300 kg CO2e from Scope 1 and 318,100 kg CO2e from Scope 2 (market-based). This marks a slight increase from 2023, where emissions were about 849,500 kg CO2e, with Scope 1 emissions at 216,900 kg CO2e and Scope 2 emissions at approximately 632,600 kg CO2e (market-based). Over the past few years, Abacus Medicine has shown fluctuations in its emissions, with 2022 emissions recorded at about 915,000 kg CO2e, including 213,700 kg CO2e from Scope 1 and 601,300 kg CO2e from Scope 2 (market-based). The company’s emissions have generally increased since 2020, when they reported only 155,200 kg CO2e from Scope 1, with no Scope 2 data available. Despite these figures, Abacus Medicine has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, Abacus Medicine A/S, reflecting the company's current subsidiary status within the corporate family. Overall, while Abacus Medicine has made strides in reporting its emissions, the lack of defined climate commitments or reduction strategies highlights an area for potential improvement in its sustainability efforts.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 62,600 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | - | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Abacus Medicine is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
