Luye Pharma
Luye Pharma Group Ltd., commonly referred to as Luye Pharma, is a prominent biopharmaceutical company headquartered in China (CN). Established in 1997, the company has made significant strides in the pharmaceutical industry, focusing on innovative drug development and manufacturing. With a strong presence in major operational regions including Asia, Europe, and North America, Luye Pharma is dedicated to addressing unmet medical needs across various therapeutic areas. The company’s core products encompass a range of advanced formulations, particularly in oncology, central nervous system disorders, and cardiovascular diseases. Luye Pharma is recognised for its unique drug delivery systems, which enhance the efficacy and patient compliance of its therapies. With a commitment to research and development, Luye Pharma has achieved notable milestones, positioning itself as a key player in the global biopharmaceutical market.
DitchCarbon Score
How does Luye Pharma'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.
Industry Average
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.
Industry Benchmark
Luye Pharma's score of 22 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Luye Pharma's reported carbon emissions
In 2022, Luye Pharma, headquartered in China (CN), reported total carbon emissions of approximately 78,081,450 kg CO2e. This figure includes Scope 1 emissions of about 2,346,110 kg CO2e from fugitive emissions and 75,960 kg CO2e from mobile combustion. Additionally, Scope 2 emissions accounted for approximately 18,980,050 kg CO2e from purchased steam and 48,278,890 kg CO2e from purchased electricity. Comparatively, in 2021, the company’s total emissions were about 68,537,500 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2021 shows Scope 1 emissions of approximately 2,210,360 kg CO2e from fugitive emissions and 76,980 kg CO2e from mobile combustion, while Scope 2 emissions were about 16,635,820 kg CO2e from purchased steam and 41,842,370 kg CO2e from purchased electricity. Luye Pharma has not disclosed any specific reduction targets or initiatives, nor does it report on Scope 3 emissions. The absence of climate pledges or SBTi targets suggests a need for further commitment to climate action. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported by Luye Pharma Group Ltd. Overall, while Luye Pharma has made strides in emissions reporting, the lack of reduction targets highlights an opportunity for enhanced climate commitments moving forward.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 2,284,540 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions 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.
Luye Pharma 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.
