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European Climate Pact

Overview

Location

Denmark

Sector

Pharmaceuticals and biotechnology

Organisation type
Business

Company Information

Lundbeck is a publicly listed global pharmaceutical company, headquartered in Copenhagen, Denmark. Lundbeck is engaged in the research, development, manufacturing, marketing and sale of pharmaceuticals across the world. In 2021, the company reported a total of 5,488 employees and a revenue of 9.3 billion DKK.*

*Source

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Lundbeck A/S has a target to reduce absolute scopes 1 and 2 CO2e emissions 63% by 2034 from a base year of 2019
  • Lundbeck A/S has a target to reduce absolute scope 3 CO2e emissions 19% by 2034 from a base year of 2019

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (01/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (01/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

Our actions – the Pathway

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (01/07/2022)

Data source: CDP Climate Change 2022

 

Buildings

Our actions – the Pathway

Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

MRV: Pact MRV in place

Status date: Submitted (01/07/2022)

Data source: CDP Climate Change 2022