Novo Holdings A Slash S
Novo Holdings A/S, headquartered in Denmark (DK), is a prominent investment and asset management company primarily focused on the life sciences sector. Founded in 1999, it has established itself as a key player in the global healthcare landscape, managing a diverse portfolio that includes biotechnology, pharmaceuticals, and medical devices. With a commitment to fostering innovation, Novo Holdings supports companies at various stages of development, from early-stage ventures to established firms. Its unique approach combines strategic investments with a deep understanding of the life sciences industry, enabling it to drive growth and create value. Notable achievements include significant contributions to the success of the Novo Nordisk Foundation, which has a long-standing reputation for advancing diabetes care and other critical health challenges. Through its strategic initiatives, Novo Holdings continues to solidify its position as a leader in the life sciences investment arena.
DitchCarbon Score
How does Novo Holdings A Slash S'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 Financial Intermediation 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
Novo Holdings A Slash S's score of 16 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Novo Holdings A Slash S's reported carbon emissions
In 2023, Novo Holdings A/S reported total carbon emissions of approximately 33000 kg CO2e for Scope 1, 204000 kg CO2e for Scope 2 (market-based), and significant Scope 3 emissions, including 355620000 kg CO2e from investments and 3231000 kg CO2e from business travel. The previous year, 2022, saw Scope 1 emissions at about 29000 kg CO2e and Scope 2 emissions at 140000 kg CO2e (market-based). Novo Holdings has set near-term targets aligned with a 1.5°C pathway, aiming to cover 92% of its total investment and lending by assets under management as of 2022. These targets are designed to ensure that emissions from company operations (Scopes 1 and 2) are consistent with necessary reductions to limit global warming. However, the company has not committed to a net-zero target as of now. The firm continues to focus on reducing its carbon footprint while addressing the broader impacts of its investment portfolio on climate change.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 29,000 | 00,000 |
| Scope 2 | 140,000 | 000,000 |
| Scope 3 | 322,280,000 | 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.
Novo Holdings A Slash S is committed to some 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.
