Evotec

Evotec's reported carbon emissions

Evotec SE, headquartered in Germany and operating within the Pharmaceutical Preparation Manufacturing industry, reported a total of approximately 200.9 million kg CO2e in 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2024, Evotec's Scope 1 emissions amounted to approximately 13.8 million kg CO2e. Scope 2 emissions, calculated on a market-based approach, were around 6.9 million kg CO2e, while the location-based calculation was approximately 21.6 million kg CO2e. Scope 3 emissions were substantially higher, totalling approximately 180.3 million kg CO2e, with purchased goods and services accounting for the largest portion. Looking back, in 2023, Evotec reported total emissions of approximately 300.7 million kg CO2e. Scope 1 emissions were around 15.9 million kg CO2e, and Scope 2 emissions were approximately 11.7 million kg CO2e (market-based) or 19.6 million kg CO2e (location-based). Scope 3 emissions in 2023 were approximately 273.1 million kg CO2e. **Climate Commitments and Reduction Targets:** Evotec is committed to significant greenhouse gas (GHG) emission reductions. Key targets include: * **Scope 1 & 2 Absolute Reduction:** A commitment to reduce absolute Scope 1 and 2 GHG emissions by 50.4% by 2032, using 2021 as the base year. They also have a more ambitious long-term goal to reduce these emissions by 95% by 2045 from the same 2021 baseline. * **Scope 3 Reduction:** Evotec aims to reduce Scope 3 GHG emissions from purchased goods and services, as well as capital goods, by 72% per million EUR value added by 2032, based on a 2021 baseline. Their net-zero commitment includes reducing Scope 3 GHG emissions by 97% per million EUR value added by 2045. * **Renewable Electricity:** The company is working towards sourcing 100% renewable electricity by 2026. * **Supplier Engagement:** Evotec has committed to ensuring that 80% of its suppliers, by emissions, will have science-based targets by 2027. These targets are aligned with the Science Based Targets initiative (SBTi) and the Business Ambition for 1.5°C campaign. Evotec aims to reach net-zero greenhouse gas emissions across its value chain by 2045.