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Evotec
Pharmaceutical Preparation ManufacturingGermanyNASDAQ: EVO
Last verified 2 months agoevotec.com
Evotec SE, a leading player in the pharmaceutical preparation manufacturing industry, is headquartered in Hamburg, Germany. Founded in 1993, the company has established itself as a key innovator in drug discovery and development, with a strong presence across Europe and North America.
Specialising in integrated drug development solutions, Evotec offers a unique platform that combines cutting-edge technologies with extensive expertise in various therapeutic areas. The company is renowned for its collaborative approach, partnering with biopharmaceutical firms to accelerate the development of novel therapies.
With a robust portfolio of services, including target identification, preclinical development, and clinical trial support, Evotec has positioned itself as a trusted partner in the pharmaceutical landscape. Its commitment to scientific excellence and operational efficiency has garnered recognition, making it a prominent force in the global market.
82
DitchCarbon score
+40 vs industry average
Evotec’s score of 82 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Pharmaceutical Preparation Manufacturing is among the least carbon-intensive industries
Industry performance
0.243
02025
The Pharmaceutical Preparation Manufacturing industry has increased its overall emissions by 132% since 0
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Evotec's reported carbon emissions
Evotec, a German-headquartered company in Pharmaceutical Preparation Manufacturing, has set ambitious climate targets.
In 2023, Evotec reported total emissions of approximately 300.7 million kg CO2e. This included Scope 1 emissions of 15.9 million kg CO2e, Scope 2 emissions (location-based) of 19.6 million kg CO2e, and Scope 3 emissions of 273.1 million kg CO2e. Key categories within Scope 3 were purchased goods and services (185.5 million kg CO2e) and capital goods (68.4 million kg CO2e).
Looking ahead, Evotec has committed to several Science Based Targets initiative (SBTi) approved targets:
- Near-term targets (by 2032):
- Reduce absolute Scope 1 and 2 GHG emissions by 50.4% from a 2021 base year.
- Increase active annual sourcing of renewable electricity from 25% in 2021 to 100% by 2026, and maintain 100% through 2030.
- Reduce Scope 3 GHG emissions from purchased goods and services and capital goods by 72% per million EUR value added, from a 2021 base year.
- Ensure 80% of its suppliers by emissions covering purchased goods and services and capital goods will have science-based targets by 2027.
- Long-term and Net-Zero targets (by 2045):
- Achieve net-zero greenhouse gas emissions across the value chain by 2045.
- Reduce absolute Scope 1 and 2 GHG emissions by 95% from a 2021 base year.
- Reduce Scope 3 GHG emissions by 97% per million EUR value added within the same timeframe.
Evotec's emissions data for 2025 projects Scope 1 emissions at approximately 11.2 million kg CO2e and Scope 2 emissions (market-based) at 2.6 million kg CO2e. For 2024, projected Scope 1 emissions are around 13.8 million kg CO2e and Scope 2 emissions (market-based) are 6.9 million kg CO2e.
Historically, Evotec's emissions have varied. In 2022, total reported emissions were approximately 242.9 million kg CO2e, comprising 17.2 million kg CO2e for Scope 1, 17.8 million kg CO2e (location-based) for Scope 2, and 204.3 million kg CO2e for Scope 3. In 2021, Scope 1 emissions were 19.1 million kg CO2e, Scope 2 emissions (market-based) were 20.3 million kg CO2e, and Scope 3 emissions were 167.1 million kg CO2e. For 2020, total reported emissions were approximately 33.8 million kg CO2e, including 41,860 kg CO2e for Scope 1 and 33.4 million kg CO2e for Scope 2. In 2019, total reported emissions were around 33.5 million kg CO2e, with 28,000 kg CO2e for Scope 1, 32.7 million kg CO2e for Scope 2, and 1.46 million kg CO2e for Scope 3 (business travel).
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Evotec’s Climate Goals (2030 & 2050)
7 goals2045
95% reduction in Scope 2
Evotec SE commits to reduce absolute scope 1 and 2 GHG emissions 95% by 2045 from a 2021 base year.
On track95%
2032
50.4% reduction in Scope 2
Evotec SE commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by 2032 from a 2021 base year.
On track50.4%
2045
Evotec SE commits to reach net-zero greenhouse gas emissions…
Evotec SE commits to reach net-zero greenhouse gas emissions across the value chain by 2045.
On track0%
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2032 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Evotec2 months ago
82
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Frequently asked questions
Common questions about Evotec’s sustainability data and climate commitments
In 2023, Evotec reported total greenhouse gas emissions of approximately 300.7 million kg CO2e. The largest portion, roughly 91%, came from Scope 3 emissions, totaling about 273.1 million kg CO2e. Scope 1 emissions were approximately 15.9 million kg CO2e, and Scope 2 emissions (location-based) accounted for around 19.6 million kg CO2e. This breakdown highlights the significant impact of Evotec's value chain on its overall carbon footprint, underscoring the importance of its Scope 3 reduction targets.
Data year: 2023
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