Gedeon Richter Sustainability Profile
Gedeon Richter Plc, commonly referred to as Richter, is a prominent global pharmaceutical company headquartered in Hungary (HU). Founded in 1901, the company has established a strong presence in various operational regions, including Europe, Asia, and North America. Specialising in women's health, central nervous system disorders, and generic pharmaceuticals, Richter is renowned for its innovative approach to drug development. The company’s core products include hormonal contraceptives and treatments for infertility, which are distinguished by their high quality and efficacy. Over the years, Gedeon Richter has achieved significant milestones, including strategic partnerships and a robust pipeline of new therapies. With a commitment to research and development, Richter has solidified its position as a key player in the global pharmaceutical market, recognised for its contributions to healthcare and patient well-being.
DitchCarbon Score
How does Gedeon Richter'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
Gedeon Richter's score of 70 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gedeon Richter's reported carbon emissions
In 2024, Gedeon Richter reported total carbon emissions of approximately 220,000,000 kg CO2e in Hungary. Globally, their emissions reached about 324,000,000 kg CO2e, with Scope 1 emissions at approximately 45,632,000 kg CO2e, Scope 2 emissions at about 91,724,000 kg CO2e (market-based), and Scope 3 emissions at approximately 186,771,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce overall greenhouse gas emissions by 55% by 2030, starting from a 2020 baseline. Specifically, they plan to reduce Scope 1 and Scope 2 emissions by 30% by 2030, with a target to bring Scope 1 emissions to near zero by 2025 and Scope 2 emissions to near zero by 2025 as well. Gedeon Richter's emissions data is not cascaded from any parent organization, and their sustainability initiatives are independently reported. The company is actively working towards these targets to enhance their environmental performance and contribute to global climate goals.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 33,104,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 68,050,000 | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 117,575,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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Gedeon Richter's Scope 3 Categories Breakdown
Gedeon Richter's Scope 3 emissions, which increased by 3% last year and increased by approximately 59% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 58% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 45% of Scope 3 emissions.
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Gedeon Richter's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Gedeon Richter has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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