RECORDATI
Recordati S.p.A., a prominent player in the pharmaceutical industry, is headquartered in Luxembourg (LU) and operates extensively across Europe, North America, and other global markets. Founded in 1926, Recordati has established itself as a leader in the development and marketing of innovative medicines, particularly in the fields of rare diseases and specialty pharmaceuticals. The company’s core offerings include a diverse range of prescription drugs, with a strong emphasis on treatments for rare diseases, urology, and cardiovascular conditions. Recordati's commitment to research and development sets it apart, enabling the introduction of unique therapies that address unmet medical needs. With a robust market position, Recordati has achieved significant milestones, including strategic acquisitions and partnerships that enhance its portfolio and global reach.
DitchCarbon Score
How does RECORDATI'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
RECORDATI's score of 55 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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RECORDATI's reported carbon emissions
In 2024, Recordati reported total carbon emissions of approximately 346,511,000 kg CO2e, with Scope 1 emissions at about 37,280,000 kg CO2e, Scope 2 emissions (market-based) at approximately 1,714,000 kg CO2e, and significant Scope 3 emissions of about 307,517,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, including all three scopes. From 2022 to 2023, Recordati achieved a reduction in Scope 1 emissions of about 3.1% and a decrease in Scope 2 emissions (location-based) of approximately 1.9%. The company has set ambitious targets, aiming for a 30% reduction in both Scope 1 and Scope 2 emissions from a 2021 baseline by 2030. Additionally, they have committed to purchasing 100% renewable electricity for their production and packaging sites by 2025. Recordati's climate commitments are further strengthened by their Science Based Targets initiative (SBTi) targets, which include a commitment to reduce Scope 1 and Scope 2 emissions by 42% by 2030 from a 2023 base year, alongside efforts to measure and reduce Scope 3 emissions. This commitment is cascaded from their parent company, Recordati Industria Chimica e Farmaceutica S.p.A., ensuring alignment with broader corporate sustainability goals. Overall, Recordati's emissions data and climate commitments demonstrate a proactive stance in addressing climate change, with clear targets and a focus on renewable energy integration.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 27,785,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 10,302,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | 000,000,000 |
Industry emissions intensity
Location emissions 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.
RECORDATI 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.
