GALAPAGOS
GALAPAGOS NV, commonly referred to as Galapagos, is a pioneering biotechnology company headquartered in the United States, with significant operations in Europe. Founded in 1999, Galapagos has established itself in the pharmaceutical industry, focusing on the discovery and development of innovative medicines for various diseases, including inflammatory and fibrotic conditions. The company is renowned for its unique drug discovery platform, which leverages advanced technologies to identify and develop novel therapeutic candidates. Notable achievements include the successful development of several clinical-stage programmes, positioning Galapagos as a leader in the biopharmaceutical sector. With a commitment to scientific excellence and a robust pipeline, Galapagos continues to make significant strides in transforming patient care through groundbreaking therapies.
DitchCarbon Score
How does GALAPAGOS'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 Education 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
GALAPAGOS's score of 44 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GALAPAGOS's reported carbon emissions
In 2023, GALAPAGOS reported total carbon emissions of approximately 40,000,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 2,922,000 kg CO2e, while Scope 2 emissions totalled approximately 1,132,000 kg CO2e, with a market-based total of 173,000 kg CO2e. The most significant contributor to their carbon footprint was Scope 3 emissions, which reached approximately 36,537,000 kg CO2e. Key components of Scope 3 emissions included purchased goods and services at about 28,257,000 kg CO2e and capital goods at approximately 4,534,000 kg CO2e. In comparison, in 2022, GALAPAGOS reported total emissions of around 54,609,000 kg CO2e, with Scope 1 emissions at about 3,180,000 kg CO2e and Scope 2 emissions at approximately 849,000 kg CO2e. The reduction in total emissions from 2022 to 2023 indicates a positive trend in their climate impact. Despite these figures, GALAPAGOS has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This context highlights the need for further commitments to enhance their sustainability efforts and address their substantial carbon footprint.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 3,180,000 | 0,000,000 |
| Scope 2 | 217,000 | 000,000 |
| Scope 3 | 54,609,000 | 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.
GALAPAGOS 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.
