Faes Farma
Faes Farma, officially known as Faes Farma S.A., is a prominent pharmaceutical company headquartered in Spain. Established in 1933, the company has evolved into a key player in the healthcare industry, focusing on the development, manufacturing, and marketing of innovative pharmaceutical products. With a strong presence in Europe and Latin America, Faes Farma is dedicated to therapeutic areas such as central nervous system disorders, respiratory diseases, and dermatology. The company is recognised for its unique formulations and commitment to research and development, which have led to several notable achievements in the pharmaceutical sector. Faes Farma's extensive portfolio includes both prescription medications and over-the-counter products, positioning it as a trusted name in the market. With a rich history and a forward-thinking approach, Faes Farma continues to make significant contributions to global health.
DitchCarbon Score
How does Faes Farma'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 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.
Industry Benchmark
Faes Farma's score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Faes Farma's reported carbon emissions
In 2023, Faes Farma reported total carbon emissions of approximately 7,580,000 kg CO2e, comprising 4,965,000 kg CO2e from Scope 1 and 2,615,000 kg CO2e from Scope 2 emissions. This marks a notable increase from 2022, where emissions were about 4,638,000 kg CO2e, with Scope 1 contributing 3,782,000 kg CO2e and Scope 2 at 856,000 kg CO2e. In 2021, the company recorded emissions of approximately 5,046,000 kg CO2e, with Scope 1 at 3,874,000 kg CO2e and Scope 2 at 1,652,000 kg CO2e. Faes Farma has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company does not appear to have cascaded emissions data from a parent organization, as all reported figures are directly from Faes Farma, S.A. Overall, while Faes Farma has made strides in tracking and reporting its emissions, the absence of reduction targets and Scope 3 data indicates potential areas for improvement in their climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 3,874,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,652,000 | 000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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.
Faes Farma 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.
