Oxford Nanopore Technologies

Oxford Nanopore Technologies: Emissions Data and Climate Commitments

Oxford Nanopore Technologies, based in Great Britain and operating in the Pharmaceutical Preparation Manufacturing industry, has outlined its climate commitments and reported its carbon emissions.

Emissions Data:

• 2024: Oxford Nanopore Technologies reported Scope 3 emissions totalling approximately 51,215,000 kg CO2e. The primary contributors to this were purchased goods and services (approximately 36,836,000 kg CO2e), followed by business travel (approximately 5,102,000 kg CO2e) and upstream leased assets (approximately 9,851,000 kg CO2e). Scope 1 and Scope 2 emissions data for 2024 were not provided.
• 2023: For 2023, Scope 3 emissions were approximately 51,814,000 kg CO2e, with upstream leased assets accounting for approximately 9,851,000 kg CO2e and purchased goods and services contributing approximately 36,477,000 kg CO2e. Scope 1 and Scope 2 emissions data for 2023 were not provided.
• 2022: Total emissions in 2022 were approximately 108,316,000 kg CO2e. This comprised Scope 1 emissions of approximately 592,000 kg CO2e, and Scope 2 emissions (location-based) of approximately 959,000 kg CO2e. Scope 3 emissions were reported at approximately 106,724,000 kg CO2e, with purchased goods and services being the largest component at approximately 49,014,000 kg CO2e.
• 2021: In 2021, Scope 1 emissions were approximately 393,000 kg CO2e, and Scope 2 emissions (location-based) were approximately 1,178,000 kg CO2e, making a combined Scope 1 and 2 total of approximately 1,570,000 kg CO2e. Scope 3 emissions data were not disclosed for this year.
• 2020: Scope 1 emissions were approximately 359,200 kg CO2e, and Scope 2 emissions were approximately 1,091,700 kg CO2e, totalling approximately 1,450,900 kg CO2e for Scopes 1 and 2. Scope 3 emissions data were not disclosed for this year.

Climate Commitments and Reduction Targets:

Oxford Nanopore Technologies is committed to significant emissions reductions, aligned with a 1.5°C warming pathway.

• Net-Zero Target: The company commits to achieving net-zero greenhouse gas emissions across its entire value chain by 2045.
• Near-Term Targets (by 2030 from a 2023 base year):
  • A reduction of at least 42% in absolute Scope 1 and 2 emissions.
  • A reduction of at least 52% in Scope 3 emissions per GBP value added.
• Long-Term Targets (by 2045 from a 2023 base year):
  • A reduction of at least 90% in absolute Scope 1, 2, and 3 emissions.

These targets have been set with the Science Based Targets initiative (SBTi) and are deemed consistent with the reductions required to keep warming to 1.5°C. The company notes that some of its targets are currently on track.