Environment

Climate Protection

Evotec commits itself to climate action and as it is embedded in our corporate DNA, we strive for excellence. This is why we are signatory of the most ambitious action related to climate mitigation, the Science Based Targets initiative (SBTi). This implies to set carbon reduction targets aligned with the goals of the Paris Agreement: to limit global warming to well below 2°C above pre-industrial levels and pursue efforts to limit warming to 1.5°C.

We are one of about 2,257 companies (as of December 2021) taking action currently and as one of about 1,134 committed to the 1.5° target and determined to become net carbon neutral by 2050 at the latest. To find out more about the initiative, visit their website.

The starting point is a comprehensive analysis of our corporate carbon footprint. As we are currently in the midst of collecting data, we will not present individual KPIs in granular form here. Following our first calculation approach in 2020, we assessed a Carbon Footprint of ~ 34,300 tonnes CO₂e in Scope 1 and 2. We are reviewing these calculations and expanding them in particular to include the survey of our indirect Scope 3 emissions. After completion and publication of the Carbon Footprint, we will publish our Science Based Targets by early 2023 at the latest.

We care about the environment

With regard to operational environmental protection, especially in the field of water and waste management, we consider the necessity to track and reduce our impact to be material. However, group-wide reporting structures do not provide a coherent picture at this stage. we continuously focus on improving data quality, which will facilitate the same unbiased, data-driven decision-making that we pursue in all areas of our business.

As a fast-growing company, we will in future use an innovative, web-based platform to collect environmental indicators that are relevant to management in a responsible and verifiable manner. The tool also covers indicators from the areas of social and governance. This allows us to identify sustainability-related risks at an early stage and derive appropriate measures. In this way, the large number of projects that we have already implemented in the area of environmental protection and resource conservation can also be systematically mapped in the future. This includes, among other things, the procurement of green electricity and the conversion of office paper to 100 % recycled material.