Genscript Biotech Corporation

Genscript Biotech Corporation's reported carbon emissions

## GenScript Biotech Corporation: Carbon Emissions and Climate Commitments **2024 Emissions:** * **Total Emissions:** Approximately 539.99 million kg CO2e (Scope 1 + Scope 2 + Scope 3) * **Scope 1:** Approximately 39.38 million kg CO2e * **Scope 2 (Market-based):** Approximately 114.03 million kg CO2e * **Scope 3:** Approximately 387.59 million kg CO2e **2023 Emissions:** * **Total Emissions:** Approximately 463.29 million kg CO2e (Scope 1 + Scope 2 + Scope 3) * **Scope 1:** Approximately 48.82 million kg CO2e * **Scope 2 (Market-based):** Approximately 83.76 million kg CO2e * **Scope 3:** Approximately 314.66 million kg CO2e **Climate Commitments:** GenScript Biotech Corporation has established ambitious climate targets aligned with the Science Based Targets initiative (SBTi). The company is committed to: * **Net-Zero by 2050:** Achieving net-zero greenhouse gas emissions across its value chain by 2050. * **Near-Term Reductions (by 2033 from a 2023 baseline):** * Reducing absolute Scope 1 and 2 greenhouse gas emissions by 54.6%. * Reducing absolute Scope 3 greenhouse gas emissions from fuel and energy-related activities and waste generated in operations by 32.5%. * **Long-Term Reductions (by 2050 from a 2023 baseline):** * Reducing absolute Scope 1 and 2 greenhouse gas emissions by 90%. * Reducing absolute Scope 3 greenhouse gas emissions by 90%. * **Supplier Engagement:** Ensuring that 83% of its suppliers, covering purchased goods and services, capital goods, and upstream transportation and distribution, have science-based targets by 2029. These targets aim to limit global warming to 1.5°C. The company's emissions data and SBTi commitments are reported directly by GenScript Biotech Corporation, indicating no cascading from a parent organisation.