Public Profile

Olink Holding

Olink Holding AB, commonly referred to as Olink, is a pioneering biotechnology company headquartered in Sweden. Founded in 2016, Olink has rapidly established itself as a leader in the field of proteomics, focusing on advanced biomarker discovery and development. The company operates primarily in Europe and North America, providing innovative solutions for researchers in the life sciences sector. Olink's core offerings include its proprietary Olink Explore and Olink Target platforms, which utilise unique proximity extension assay technology to deliver high-throughput protein analysis. This innovative approach sets Olink apart, enabling researchers to gain deeper insights into complex biological processes. With a strong market position, Olink has achieved significant milestones, including partnerships with leading academic institutions and pharmaceutical companies, solidifying its reputation as a key player in the biotechnology industry.

DitchCarbon Score

How does Olink Holding'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.

6

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.

13

Industry Benchmark

Olink Holding's score of 6 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

Olink Holding's reported carbon emissions

In 2021, Olink Holding AB, headquartered in Sweden, reported total carbon emissions of approximately 495,400 kg CO2e. This figure includes 3,950 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 448,400 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company recorded about 43,100 kg CO2e in Scope 3 emissions, which encompass all other indirect emissions that occur in the value chain. Olink Holding has committed to near-term reduction targets, although specific numerical targets have not been disclosed. The company is actively working towards enhancing its sustainability practices within the pharmaceuticals, biotechnology, and life sciences sector. As of December 2023, Olink has not committed to a net-zero target, indicating a focus on immediate emissions reduction rather than long-term carbon neutrality. Overall, Olink Holding's emissions data and commitments reflect a proactive approach to addressing climate change within its operational framework.

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2021
Scope 1
3,950
Scope 2
448,400
Scope 3
43,100

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Olink Holding'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
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Olink Holding is headquartered in SE, which has a rank of very low, indicating very 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.

Olink Holding 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.

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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