Climate action

Delivering on our Climate Commitment

Saving energy and reducing CO2 emissions are long-standing strategic priorities for Lundbeck. Over the past decade, we have made significant achievements in lowering our energy and carbon footprint. We are committed to exceeding these achievements through the targeted goals of the Science Based Target initiative. 

Our achievements

We were one of the first Danish companies to have its CO2 reduction target approved by the Science Based Target initiative, a collaboration between the Carbon Disclosure Project (CDP), UN Global Compact (UNGC), World Resources Institute (WRI) and World Wide Fund for Nature (WWF). 


We have been acknowledged several times by the CDP, which rates the disclosure and management of organizations towards climate change risk. For more than a decade, we have consistently reported annual reductions in both energy consumption and CO2 emissions.

 

Today, we use 35% less energy and emit 68% less CO2 than in 2006.

UN Global Compact

Lundbeck’s most recent response to the Climate Disclosure Project (CDP).

Despite our achievements, we still have a long way to go and the next decade is critical. In 2019, we joined the global movement “Business for 1.5°C” of leading companies aligning their business actions with the most ambitious aim of the Paris Agreement.

Our commitment

Our current CO2 target is a 70% reduction by 2035 compared to 2016. We have achieved excellent results within our direct emissions (Scope 1) and purchase of electricity and heat (Scope 2). However, more than 90% of our total CO2 emissions are derived from our value chain (Scope 3). This includes where the goods and services we need are produced, the distribution of our products to patients, when our employees travel, and how our waste is treated.

Illustration of CO2 emissions with Scope 1, 2 and 3

Knowing where to prioritize is critical and we are using our influence across the value chain to drive action. We are acting quickly to obtain the Science Based Target initiative approval of our reductions across all three scopes. Read more about the Science Based Target Initiative.

We are making it a priority to expand our scope of action to reduce CO2 emissions within our value chain. In parallel, we are accelerating the transition to renewable energy in our manufacturing and headquarter facilities. These flagship actions are supplemented by the continuous enhancements of our facilities and business processes our skilled engineers, technicians and planners conduct.

Lundbeck's Health, Safety & Environment Policy

Lundbeck’s Health, Safety & Environment Strategy

Investor transparency

The financial sector and investors increasingly ask companies to disclose their climate-related risks and opportunities. We will continue to develop our communication and ongoing reporting to enhance our transparency in line with the recommendations from the Task Force on Climate-related Financial Disclosures (TCFD).

UN Global Compact

You can read more about our health and safety initiatives and performance in our recent Communication on Progress to the UN Global Compact.

Facts and figures

More from lundbeck

Materials use and waste

With our own manufacturing processes, we obtain several sustainable opportunities

Suppliers & Third Parties

How we engage suppliers and third parties when providing treatments to patients

Health and Safety at Work

We offer our employees a sound physical and mental work environment.