Incyte
Carbon footprint
Primary Climate Goal
Incyte aims to achieve carbon neutrality for Scope 1 + 2 by 2025
GHG emissions and Carbon intensity
Incyte reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 7.8 Kt (-1.3 /-14.5% y-o-y). Also positively, carbon intensity decreased to 2.9 t (-1.4 /-32.6% y-o-y).
Incyte's Scope 3 emissions was down at 0.82 Kt (
The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2025, which translates into the estimated reduction of -1.6 Kt per annum over the period of FY2021 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Incyte aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2025. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.