Siegfried Holding AG, commonly referred to as Siegfried, is a prominent player in the pharmaceutical and chemical industry, headquartered in Switzerland (CH). Founded in 1873, the company has established a strong presence in Europe and North America, focusing on the development and manufacturing of active pharmaceutical ingredients (APIs) and finished dosage forms. Siegfried is renowned for its innovative solutions in contract development and manufacturing, catering to a diverse clientele in the pharmaceutical sector. The company’s commitment to quality and sustainability sets it apart, ensuring compliance with stringent regulatory standards. With a robust market position, Siegfried has achieved significant milestones, including strategic acquisitions that have expanded its capabilities and global reach. As a trusted partner in the pharmaceutical supply chain, Siegfried continues to drive advancements in drug development and production.
How does Siegfried Holding'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 Chemicals 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.
Siegfried Holding's score of 41 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Siegfried Holding AG reported total carbon emissions of approximately 68,166,000 kg CO2e, comprising 57,688,000 kg CO2e from Scope 1 and 10,478,000 kg CO2e from Scope 2 emissions. The company has also disclosed significant Scope 3 emissions, amounting to about 459,700,000 kg CO2e, which includes categories such as purchased goods and services, employee commute, and waste generated in operations. Siegfried is committed to reducing its carbon footprint by 50% by 2030, using 2020 as the baseline year. This target specifically focuses on Scope 1 and 2 emissions, aiming for a substantial decrease in CO2 emissions normalised to sales. Furthermore, Siegfried has committed to achieving net-zero emissions across all scopes by 2050, aligning with industry standards for climate action. The company has demonstrated a proactive approach to sustainability, with a notable reduction in emissions from previous years. For instance, in 2021, total emissions were reported at approximately 77,273,000 kg CO2e, indicating a positive trend towards their reduction targets. Siegfried's ongoing initiatives reflect its dedication to environmental responsibility within the pharmaceuticals and biotechnology sector, headquartered in Switzerland (CH).
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 16,300,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - | - | 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.
Siegfried Holding 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.