Orion Corporation, commonly referred to as Orion, is a Finnish pharmaceutical company headquartered in Espoo, Finland. Founded in 1917, Orion has established itself as a key player in the pharmaceutical and biotechnology industry, with a strong presence in Europe and expanding operations in Asia and North America. The company focuses on developing and manufacturing innovative prescription medicines, over-the-counter products, and active pharmaceutical ingredients. Orion is particularly renowned for its expertise in central nervous system disorders and oncology, offering unique solutions that address unmet medical needs. With a commitment to research and development, Orion has achieved significant milestones, including numerous successful product launches and collaborations. Its strong market position is underscored by a reputation for quality and reliability, making Orion a trusted name in healthcare.
How does Orion'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 Medical Instruments 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.
Orion's score of 50 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Orion Corporation reported total greenhouse gas (GHG) emissions of approximately 431,404,000 kg CO2e, comprising 5,511,000 kg CO2e from Scope 1 and 8,429,000 kg CO2e from Scope 2 emissions. Notably, the majority of their emissions, around 417,464,000 kg CO2e, fall under Scope 3, which includes emissions from their supply chain and product use. Orion has set ambitious climate commitments, aiming for a 70% reduction in absolute Scope 1 and 2 GHG emissions by 2030, using 2023 as the baseline year. Additionally, they are targeting carbon neutrality in their own operations by 2031. The company also commits that 78% of its suppliers, based on emissions from purchased goods and services, capital goods, and upstream transportation and distribution, will have science-based targets by 2029. These initiatives reflect Orion's commitment to aligning with industry standards and contributing to global climate goals, demonstrating a proactive approach to sustainability and emissions reduction.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2007 | 2008 | 2009 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 3,740,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 21,685,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | 00,000 | 00,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Orion 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.