Oxford Nanopore Technologies Sustainability Profile
Oxford Nanopore Technologies, a pioneering company in the field of genomics, is headquartered in the United Kingdom. Founded in 2005, the company has rapidly established itself as a leader in the biotechnology industry, focusing on innovative DNA and RNA sequencing technologies. With a commitment to making genomic information accessible, Oxford Nanopore offers unique products such as the MinION, a portable sequencer that enables real-time analysis of genetic material. This groundbreaking technology distinguishes itself through its scalability and versatility, catering to a wide range of applications from academic research to clinical diagnostics. Recognised for its significant contributions to the field, Oxford Nanopore has achieved notable milestones, including the first real-time sequencing of a human genome. The company continues to expand its global presence, driving advancements in genomics and empowering researchers worldwide.
DitchCarbon Score
How does Oxford Nanopore Technologies'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 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.
Industry Benchmark
Oxford Nanopore Technologies's score of 82 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oxford Nanopore Technologies's reported carbon emissions
In 2024, Oxford Nanopore Technologies reported total carbon emissions of approximately 51,215,000 kg CO2e across all scopes. This includes 313,000 kg CO2e from Scope 1, 1,210,000 kg CO2e from Scope 2, and a significant 51,215,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, targeting a reduction of 90% in absolute emissions across all scopes by 2045, with a near-term goal of reducing Scope 1 and 2 emissions by 42% by 2030 from a 2023 baseline. In 2023, the emissions were slightly lower, with total emissions of about 51,814,000 kg CO2e, comprising 361,000 kg CO2e from Scope 1 and 1,089,000 kg CO2e from Scope 2. The company is also focused on reducing Scope 3 emissions intensity by 52% per GBP value added by 2030. These targets align with the Science Based Targets initiative (SBTi) and reflect Oxford Nanopore's commitment to achieving net-zero greenhouse gas emissions across its value chain by 2045. The company has disclosed emissions data for all three scopes and is actively working towards its reduction goals, demonstrating a proactive approach to climate responsibility.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 359,200 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,091,700 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000,000 | 00,000,000 | 00,000,000 |
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Oxford Nanopore Technologies's Scope 3 Categories Breakdown
Oxford Nanopore Technologies's Scope 3 emissions, which decreased by 1% last year and decreased by approximately 52% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 72% of Scope 3 emissions.
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Oxford Nanopore Technologies's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Oxford Nanopore Technologies has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Oxford Nanopore Technologies's sustainability data and climate commitments