Neofarms Bio S.A.

In 2020, Neofarms Bio S.A. reported total carbon emissions of approximately 366,662,000 kg CO2e, which includes 234,016,000 kg CO2e from Scope 1 and 132,647,000 kg CO2e from Scope 2 emissions. Additionally, the company disclosed Scope 3 emissions of about 110,001,000 kg CO2e, primarily from purchased goods and services. This represents an increase from 2019, when total emissions were approximately 331,053,000 kg CO2e, with Scope 1 emissions at 202,411,000 kg CO2e and Scope 2 emissions at 128,642,000 kg CO2e. Despite the increase in emissions, Neofarms Bio S.A. has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions intensity for sales products was reported at 120.0 kg CO2e per tonne in 2020, compared to 100.0 kg CO2e per tonne in 2019, suggesting a need for enhanced strategies to mitigate their carbon footprint. As a company headquartered in Argentina, Neofarms Bio S.A. operates within an industry context that increasingly prioritises sustainability and climate action, highlighting the importance of establishing clear commitments to reduce greenhouse gas emissions in the future.