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 75% 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. This includes Scope 1 emissions of about 37,280,000 kg CO2e, Scope 2 emissions of approximately 1,714,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 307,517,000 kg CO2e. The Scope 3 emissions breakdown includes capital goods (about 46,952,000 kg CO2e), purchased goods and services (approximately 193,463,000 kg CO2e), and upstream transportation and distribution (around 34,330,000 kg CO2e). RECORDATI has set ambitious climate commitments, aiming for a 42% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2023 as the baseline year. This target has been approved through the Science Based Targets initiative (SBTi) and reflects the company's commitment to align with the 1.5°C climate goal. Additionally, the company plans to achieve 100% renewable electricity for its production and packaging sites by 2025. In recent years, RECORDATI has made progress in reducing its emissions. For instance, from 2022 to 2023, Scope 1 emissions decreased by approximately 3.1%, while Scope 2 emissions saw a reduction of about 1.9%. These reductions are part of a broader strategy to enhance sustainability and mitigate climate impact. It is important to note that RECORDATI's emissions data is cascaded from its parent company, Recordati Industria Chimica e Farmaceutica S.p.A., which provides a comprehensive view of the organisation's environmental performance.
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| 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 34,458,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 12,384,000 | 00,000,000 | 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.
