Cspc Pharmaceutical Group Limited, commonly referred to as Cspc, is a leading player in the pharmaceutical industry, headquartered in Hong Kong. Established in 1997, the company has made significant strides in research and development, focusing on innovative drug formulations and high-quality generic medicines. With a strong presence in both domestic and international markets, Cspc operates extensively across Asia, Europe, and North America. Cspc's core offerings include a diverse range of prescription drugs, over-the-counter products, and active pharmaceutical ingredients (APIs). The company is particularly noted for its advancements in oncology, cardiovascular, and central nervous system therapies, setting it apart through its commitment to quality and efficacy. Recognised for its robust market position, Cspc has achieved numerous accolades, solidifying its reputation as a trusted name in healthcare.
How does Cspc Pharmaceutical'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 Pharmaceutical Preparation 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.
Cspc Pharmaceutical's score of 38 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Cspc Pharmaceutical, headquartered in Hong Kong, reported total greenhouse gas emissions of approximately 474,567,040 kg CO2e for Scope 1 and about 493,310,000 kg CO2e for Scope 2, resulting in a combined total of around 967,877,000 kg CO2e. This marks a significant reduction from 2023, where emissions were approximately 663,224,000 kg CO2e for Scope 1 and 418,037,000 kg CO2e for Scope 2, totalling about 1,081,261,000 kg CO2e. Cspc Pharmaceutical has set ambitious reduction targets, aiming to decrease greenhouse gas emissions per unit of revenue by 53% for both Scope 1 and Scope 2 from 2024 to 2026. Further, they plan to achieve a 56% reduction for the years 2027-2028 and a 60% reduction for 2029-2030. These targets reflect the company's commitment to aligning with industry standards and addressing climate change proactively. The company has also committed to following the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to enhance its climate risk management and reduce its carbon footprint from operational activities. This commitment is part of a broader strategy to improve sustainability practices and mitigate climate impacts. Cspc Pharmaceutical's emissions data is not cascaded from any parent organization, indicating that the reported figures are independently sourced from their own operations.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 1,108,844,970 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 53,566,610 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 44,547,340 | - | - | - | - | - | - |
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.
Cspc Pharmaceutical is not participating in any of the initiatives that 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.