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Public Profile
Services Auxiliary to Financial Intermediation
GB
updated a month ago

Syncona Sustainability Profile

Company website

Syncona Ltd, a leading life sciences company headquartered in Great Britain, focuses on building and financing innovative biotechnology businesses. Founded in 2016, Syncona has rapidly established itself in the healthcare sector, particularly in the development of advanced therapies and regenerative medicine. With a strong operational presence in the UK and the US, Syncona is dedicated to creating and supporting companies that address significant unmet medical needs. Its unique approach combines deep scientific expertise with strategic investment, enabling the development of cutting-edge products and services. Notable achievements include a robust portfolio of companies that are pioneering breakthroughs in gene therapy and cell therapy. Syncona's commitment to innovation positions it as a key player in the life sciences industry, driving advancements that have the potential to transform patient care.

DitchCarbon Score

How does Syncona'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.

47

Industry Average

Mean score of companies in the Services Auxiliary to Financial Intermediation 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.

32

Industry Benchmark

Syncona's score of 47 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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Syncona's reported carbon emissions

In 2024, Syncona reported total carbon emissions of approximately 492,300 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 491,400 kg CO2e. Within this, business travel was the largest contributor at approximately 480,500 kg CO2e. Scope 1 emissions were about 930 kg CO2e, while Scope 2 emissions (location-based) totalled approximately 197,000 kg CO2e. In 2023, Syncona's total emissions were approximately 192,600 kg CO2e, with Scope 3 emissions again dominating at about 191,900 kg CO2e. Scope 1 emissions were around 740 kg CO2e, and Scope 2 emissions (location-based) reached approximately 250,000 kg CO2e. For 2022, emissions data indicated a total of about 65,000 kg CO2e, with Scope 3 emissions contributing approximately 52,800 kg CO2e. Scope 1 emissions were around 400 kg CO2e, and Scope 2 emissions were about 11,800 kg CO2e. Syncona has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 80% by 2030, using 2020 as the base year. This target has been validated by the Science Based Targets initiative (SBTi), reflecting the company's commitment to significant decarbonisation efforts in the near term.

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202220232024
Scope 1
700
000
000
Scope 2
-
000,000
000,000
Scope 3
53,200
000,000
000,000

How Carbon Intensive is Syncona's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Syncona's primary industry is Services Auxiliary to Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Syncona's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Syncona is in GB, which has a very low grid carbon intensity relative to other regions.

Syncona's Scope 3 Categories Breakdown

Syncona's Scope 3 emissions, which increased by 156% last year and increased by approximately 824% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 71% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 3028% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
3028%
Business Travel
98%
Fuel and Energy Related Activities
11%
Employee Commuting
1%
Upstream Transportation & Distribution
<1%
Waste Generated in Operations
<1%

Syncona'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.

Syncona has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Syncona's Emissions with Industry Peers

Astra Zeneca

GB
•
Pharmaceutical Preparation Manufacturing
Updated 5 days ago

Biogen

US
•
Pharmaceutical Preparation Manufacturing
Updated 7 days ago

Gilead Sciences

US
•
Pharmaceutical Preparation Manufacturing
Updated 6 days ago

Novartis

CH
•
Pharmaceutical Preparation Manufacturing
Updated 7 days ago

Amgen

US
•
Pharmaceutical Preparation Manufacturing
Updated 7 days ago

Illumina

US
•
Research and development services (73)
Updated 7 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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