Covvalent, headquartered in the United States, is a leading player in the biotechnology industry, specialising in innovative solutions for drug discovery and development. Founded in 2015, the company has rapidly established itself as a key contributor to the field, with a focus on harnessing advanced technologies to enhance therapeutic efficacy. With a strong presence in major operational regions across North America and Europe, Covvalent offers a unique portfolio of products and services, including cutting-edge platforms for target identification and validation. Their commitment to precision and efficiency sets them apart in a competitive market. Recognised for their significant contributions to biopharmaceutical advancements, Covvalent continues to push the boundaries of science, positioning itself as a trusted partner for researchers and organisations seeking to accelerate drug development processes.
How does Covvalent'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 Chemicals 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.
Covvalent's score of 3 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2025, Covvalent reported significant carbon emissions totalling approximately 317,450,000 kg CO2e, which includes 159,874,000 kg CO2e from Scope 1 emissions and 157,575,000 kg CO2e from Scope 2 emissions. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of defined reduction strategies highlights a potential area for improvement in their climate commitments. As a company headquartered in the US, Covvalent's emissions data reflects its operational impact on global climate change, underscoring the importance of establishing measurable targets to mitigate future emissions.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2025 | |
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Scope 1 | 159,874,000 |
Scope 2 | 157,575,000 |
Scope 3 | - |
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.
Covvalent is not committed to any reduction initiatives 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.