Stada Arzneimittel AG, commonly known as Stada, is a prominent player in the global pharmaceutical industry, headquartered in Germany. Founded in 1895, the company has established a strong presence in Europe and beyond, focusing on the development, manufacturing, and marketing of generic and over-the-counter (OTC) products. Stada's core offerings include a diverse range of high-quality medicines, particularly in the areas of pain relief, dermatology, and respiratory health. What sets Stada apart is its commitment to quality and accessibility, ensuring that patients receive effective treatments at competitive prices. With a robust market position, Stada has achieved significant milestones, including strategic acquisitions that have expanded its product portfolio and geographical reach. The company continues to innovate, striving to meet the evolving needs of healthcare providers and patients worldwide.
How does Stada'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 Medical Device 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.
Stada's score of 28 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Stada Arzneimittel AG reported total carbon emissions of approximately 99,238,000 kg CO2e, a significant reduction from about 131,619,000 kg CO2e in 2020. This reduction reflects a commitment to sustainability within the pharmaceutical sector. The emissions breakdown for 2023 includes approximately 42,696,000 kg CO2e from Scope 1 and about 56,542,000 kg CO2e from Scope 2 emissions. Notably, Stada also disclosed Scope 3 emissions, which totalled approximately 900,000,000 kg CO2e. Stada has made a commitment to near-term climate targets, although specific reduction targets have not been detailed. The company is actively engaged in initiatives to enhance its sustainability practices, aligning with industry standards in the pharmaceuticals, biotechnology, and life sciences sector. As of now, Stada has not committed to a net-zero target but continues to work towards reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 38,202,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 93,417,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | 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.
Stada 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.