Alvogen, Inc., a prominent player in the global pharmaceutical industry, is headquartered in the United States. Founded in 2009, the company has rapidly expanded its operations across key regions, including North America, Europe, and Asia. Alvogen focuses on developing and manufacturing generic and specialty pharmaceuticals, with a strong emphasis on high-quality, affordable medications. The company is recognised for its innovative approach to drug development, particularly in the areas of oncology, respiratory, and central nervous system therapies. Alvogen's commitment to quality and efficiency has positioned it as a competitive force in the market, achieving significant milestones such as the successful launch of numerous generic products. With a robust portfolio and a dedication to improving patient access to essential medicines, Alvogen continues to make strides in the pharmaceutical landscape.
How does Alvogen, Inc.'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.
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.
Alvogen, Inc.'s score of 23 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Alvogen, Inc. reported a Scope 1, 2, and 3 emissions intensity of approximately 1,100 kg CO2e per employee. This figure reflects the company's commitment to monitoring its carbon footprint, although specific total emissions data for the year is not disclosed. In 2021, the emissions intensity was about 800 kg CO2e per employee, and in 2020, it was approximately 900 kg CO2e per employee, indicating a slight increase in emissions intensity over the three-year period. Currently, Alvogen has not established any formal reduction targets or initiatives, nor have they committed to the Science Based Targets initiative (SBTi). The absence of specific climate pledges suggests that while the company is tracking emissions intensity, it may need to enhance its climate commitments to align with industry standards for sustainability and carbon reduction.
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.
Alvogen, Inc. 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.