Public Profile

Veranova

Veranova, a leading name in the pharmaceutical and biotechnology sectors, is headquartered in the United States. Founded in 2021, the company has quickly established itself as a key player in the development and manufacturing of advanced drug delivery systems and innovative therapeutic solutions. With a focus on enhancing patient outcomes, Veranova offers a unique portfolio of services, including formulation development and analytical testing, tailored to meet the specific needs of its clients. Operating primarily in North America and Europe, Veranova has achieved significant milestones, including strategic partnerships that bolster its market position. The company is recognised for its commitment to quality and innovation, making it a trusted partner for pharmaceutical companies seeking to navigate the complexities of drug development. With a strong emphasis on research and development, Veranova continues to push the boundaries of what's possible in the industry.

DitchCarbon Score

How does Veranova'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.

6

Industry Average

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.

6

Industry Benchmark

Veranova's score of 6 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

81%

Veranova's reported carbon emissions

In 2023, Veranova reported significant carbon emissions, totalling approximately 2,239,558,000 kg CO2e for Scope 1 and about 302,002,000 kg CO2e for Scope 2 (market-based). The total emissions for Scope 1 and 2 combined reached around 541,560,000 kg CO2e. Notably, Scope 3 emissions, primarily from the use of sold products, were exceptionally high, estimated at about 1,532,000,000,000 kg CO2e. Despite these substantial figures, Veranova has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments or pledges suggests a need for further transparency regarding their sustainability strategies. As a company headquartered in the US, Veranova operates within an industry context that increasingly prioritises climate action and emissions reduction.

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2023
Scope 1
239,558,000
Scope 2
302,002,000
Scope 3
1,532,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Veranova's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Veranova is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Veranova is not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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