Olon Spa, headquartered in Italy, is a prominent player in the pharmaceutical and biotechnology industry, specialising in the development and manufacturing of high-quality active pharmaceutical ingredients (APIs) and intermediates. Founded in 1978, the company has established a strong presence in Europe and beyond, with significant operations across various global markets. Olon Spa is renowned for its commitment to sustainability and innovation, offering a diverse range of products that cater to the evolving needs of the healthcare sector. The company’s unique approach combines advanced technology with rigorous quality standards, ensuring that its offerings meet the highest regulatory requirements. With a focus on continuous improvement, Olon Spa has achieved notable milestones, solidifying its position as a trusted partner in the pharmaceutical supply chain.
How does Olon Spa'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.
Mean score of companies in the Pharmaceutical Preparation 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.
Olon Spa's score of 33 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Olon Spa reported total carbon emissions of approximately 92,846,000 kg CO2e, comprising about 92,846,000 kg CO2e from Scope 1 and approximately 20,904,000 kg CO2e from Scope 2 emissions. This marked an increase in emissions compared to 2022, where the company recorded about 75,283,000 kg CO2e in Scope 1 and approximately 14,468,000 kg CO2e in Scope 2. Olon Spa has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. The company is actively engaged in the Science Based Targets initiative (SBTi) and has set a commitment to reduce its carbon footprint significantly. This commitment reflects the company's dedication to sustainability within the pharmaceuticals, biotechnology, and life sciences sector. The emissions data indicates a trend of increasing emissions over the past few years, with 2021 emissions at approximately 76,720,000 kg CO2e for Scope 1 and about 16,315,000 kg CO2e for Scope 2, and 2020 emissions at around 73,732,000 kg CO2e for Scope 1 and approximately 19,619,000 kg CO2e for Scope 2. Olon Spa's ongoing efforts and commitments highlight its proactive approach to addressing climate change and reducing its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 73,732,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 19,619,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - |
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.
Olon Spa is participating in some of the initiatives that 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.