Gedeon Richter
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 57 is higher than 93% 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 2023, Gedeon Richter reported total carbon emissions of approximately 197,000,000 kg CO2e in Hungary. Globally, their emissions reached about 289,000,000 kg CO2e, with Scope 1 emissions at approximately 60,777,000 kg CO2e, Scope 2 at about 84,557,000 kg CO2e, and Scope 3 emissions totalling around 143,779,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce overall greenhouse gas emissions by 55% by 2030, with a baseline year of 2020. Specifically, Gedeon Richter plans to reduce Scope 1 emissions to near zero by 2025 and achieve a 30% reduction in Scope 2 emissions from the 2020 baseline by 2030. Additionally, they are developing a Science-Based Targets initiative (SBTi)-aligned carbon strategy for the period 2025-2035, which includes annual reduction targets of approximately 4.2% for Scope 1 and 2, and 2.5% for Scope 3 emissions. These commitments reflect Gedeon Richter's dedication to addressing climate change and reducing their carbon footprint across all scopes of emissions.
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| 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 37,359,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 73,452,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 104,973,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Gedeon Richter 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.
