Public Profile

Innovent Biologics

Innovent Biologics, also known as Innovent, is a leading biopharmaceutical company headquartered in China (CN). Founded in 2011, the company has rapidly established itself in the biopharmaceutical industry, focusing on the development, manufacturing, and commercialisation of innovative therapies for oncology, autoimmune diseases, and other serious conditions. With a strong presence in major operational regions across Asia and beyond, Innovent is recognised for its robust pipeline of monoclonal antibodies and biosimilars. Their flagship products, including the PD-1 inhibitor Tyvyt, have garnered significant attention for their unique mechanisms of action and efficacy. Innovent's commitment to research and development has positioned it as a key player in the global market, achieving notable milestones such as successful partnerships and regulatory approvals that underscore its reputation for excellence in biopharmaceutical innovation.

DitchCarbon Score

How does Innovent Biologics'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.

31

Industry Average

Mean score of companies in the Research 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.

24

Industry Benchmark

Innovent Biologics's score of 31 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%

Innovent Biologics's reported carbon emissions

In 2023, Innovent Biologics reported total carbon emissions of approximately 15,894,420 kg CO2e. This figure includes 65,170 kg CO2e from Scope 1 emissions and about 15,829,250 kg CO2e from Scope 2 emissions. Notably, the company also disclosed Scope 3 emissions, which totalled 15,894,420 kg CO2e, primarily from purchased goods and services. Over the past few years, Innovent Biologics has shown fluctuations in its emissions. In 2022, total emissions were about 22,302,950 kg CO2e, with Scope 1 and Scope 2 emissions at 66,740 kg CO2e and approximately 22,236,210 kg CO2e, respectively. The 2021 emissions were significantly lower at around 16,025,260 kg CO2e, with Scope 1 emissions of 60,540 kg CO2e and Scope 2 emissions of about 15,934,330 kg CO2e. Despite these figures, there are currently no publicly stated reduction targets or initiatives from Innovent Biologics, indicating a potential area for improvement in their climate commitments. The company operates within a sector that is increasingly scrutinised for its environmental impact, and establishing clear reduction goals could enhance its sustainability profile.

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2019202120222023
Scope 1
39,400
00,000
00,000
00,000
Scope 2
39,400
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Innovent Biologics's primary industry is Research and development services (73), which is very 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. Innovent Biologics is headquartered in CN, which we do not have grid emissions data for.

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.

Innovent Biologics 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?

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