Cryoport
Cryoport, Inc., a leading provider in the biopharmaceutical supply chain, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 2012, the company has established itself as a pivotal player in the temperature-controlled logistics sector, particularly for the life sciences industry. Specialising in cryogenic logistics, Cryoport offers innovative solutions for the transportation of biological materials, including cell and gene therapies. Their unique Cryoport Express® system ensures the integrity and viability of sensitive shipments, setting them apart in a competitive market. With a commitment to quality and compliance, Cryoport has achieved significant milestones, including partnerships with major pharmaceutical companies and a robust network of global facilities. This positions Cryoport as a trusted leader in the critical field of biopharmaceutical logistics.
DitchCarbon Score
How does Cryoport'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 Other Services 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
Cryoport's score of 29 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cryoport's reported carbon emissions
In 2022, Cryoport reported total carbon emissions of approximately 16,253,000 kg CO2e, a significant increase from about 9,744,000 kg CO2e in 2021. The emissions breakdown for 2022 includes Scope 1 emissions of about 1,352,000 kg CO2e, which encompasses mobile combustion (717,000 kg CO2e), fugitive emissions (230,000 kg CO2e), and stationary combustion (405,000 kg CO2e). Scope 2 emissions, primarily from purchased electricity, accounted for approximately 4,879,000 kg CO2e. Notably, Scope 3 emissions were substantial, totalling around 10,000,000 kg CO2e, with downstream transportation and distribution being the largest contributor at about 9,581,000 kg CO2e. Despite the increase in total emissions, Cryoport has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has acknowledged its emissions across all three scopes but has not committed to any formal climate pledges or science-based targets. As a result, their current climate commitments remain vague, and further details on future reduction strategies are not available.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 2,613,000 | 0,000,000 |
| Scope 2 | 6,988,000 | 0,000,000 |
| Scope 3 | 142,000 | 00,000,000 |
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.
Cryoport 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.
