Fosun Pharma, officially known as Shanghai Fosun Pharmaceutical (Group) Co., Ltd., is a prominent player in the global healthcare sector, headquartered in Shanghai, China. Established in 1994, the company has made significant strides in the pharmaceutical and healthcare industries, focusing on research and development, manufacturing, and distribution of a diverse range of medical products and services.
Operating primarily in China and expanding its reach internationally, Fosun Pharma is recognised for its innovative approach to drug development and healthcare solutions. The company offers a unique portfolio that includes prescription drugs, vaccines, and diagnostic products, setting itself apart through strategic partnerships and a commitment to quality. With a strong market position, Fosun Pharma has achieved notable milestones, including successful collaborations and acquisitions that enhance its global footprint in the healthcare landscape.
+8 vs industry average
Fosun Pharma’s score of 41 is higher than 59% 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
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Fosun Pharma's reported carbon emissions
Fosun Pharma: Carbon Emissions and Climate Commitments
Fosun Pharma, headquartered in China, operating within the "Other business services (74)" industry, has reported its greenhouse gas emissions and outlined climate commitments. The company has disclosed Scope 1, 2, and 3 emissions data for several years.
In the reporting year 2024, Fosun Pharma reported a total of approximately 929,435,000 kg CO2e. This comprised approximately 184,016,000 kg CO2e for Scope 1 emissions, 653,644,000 kg CO2e for Scope 2 emissions, and 91,775,000 kg CO2e for Scope 3 emissions.
For the reporting year 2023, the company's total emissions were approximately 960,864,000 kg CO2e, with Scope 1 emissions at approximately 210,819,000 kg CO2e, Scope 2 at approximately 677,874,000 kg CO2e, and Scope 3 at approximately 72,171,000 kg CO2e.
Fosun Pharma has set near-term intensity reduction targets. By 2025, the company aims to reduce its comprehensive energy consumption intensity by 10% compared to 2020 levels, targeting 2.287 GJ/RMB10,000 revenue. Furthermore, a 15% reduction in carbon emission intensity for Scope 2 is targeted for 2025, relative to 2020, aiming for 0.23 tonnes/RMB10,000 revenue. These targets are also referenced in reports from 2022.
In addition to these specific intensity targets, Fosun Pharma notes the International Energy Agency's proposal to achieve net-zero emissions by 2050, indicating a long-term strategic consideration for net-zero goals.
Fosun Pharma's emissions data is not cascaded from a parent organisation.
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Fosun Pharma’s Climate Goals (2030 & 2050)
3 goals2050
The International Energy Agency proposed a plan to achieve n…
The International Energy Agency proposed a plan to achieve net zero emissions by 2050
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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