Public Profile

Genmab

Genmab A/S, a leading biotechnology company headquartered in Denmark (DK), is renowned for its innovative approach to developing differentiated antibody therapeutics. Founded in 1999, Genmab has made significant strides in the biopharmaceutical industry, focusing primarily on oncology and immunology. With a robust pipeline of proprietary and partnered products, Genmab's core offerings include monoclonal antibodies that target various cancers, distinguished by their unique mechanisms of action. The company has achieved notable milestones, including the successful development of its flagship product, Darzalex, which has transformed treatment paradigms for multiple myeloma. Positioned as a key player in the global biotechnology landscape, Genmab continues to expand its influence through strategic collaborations and a commitment to scientific excellence, solidifying its reputation as a pioneer in the field.

DitchCarbon Score

How does Genmab'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.

35

Industry Average

Mean score of companies in the Medical Device 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.

22

Industry Benchmark

Genmab's score of 35 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

Genmab's reported carbon emissions

In 2023, Genmab reported total carbon emissions of approximately 151,463,000 kg CO2e, with emissions distributed across various scopes: 317,000 kg CO2e (Scope 1), 238,000 kg CO2e (Scope 2), and a significant 150,908,000 kg CO2e (Scope 3). This marked an increase from 2022, where total emissions were about 147,721,000 kg CO2e, comprising 283,000 kg CO2e (Scope 1), 111,000 kg CO2e (Scope 2), and 147,327,000 kg CO2e (Scope 3). Genmab has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they continue to monitor and report their emissions, indicating a commitment to transparency in their environmental impact. The company is headquartered in Denmark (DK) and operates within the biopharmaceutical industry, which is increasingly focused on sustainability and reducing carbon footprints.

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2021202220232024
Scope 1
341,000
000,000
000,000
000,000
Scope 2
298,000
000,000
000,000
0,000,000
Scope 3
-
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Genmab's primary industry is Medical, precision and optical instruments, watches and clocks (33), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Genmab is headquartered in DK, which has a rank of low, indicating low grid carbon 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.

Genmab is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers