Hamburg, Germany, 07 November 2024: 

Evotec SE today announced that the Company’s greenhouse gas (“GHG”) near-term and long-term emissions reduction targets have been validated and approved by the Science Based Targets initiative (“SBTi”). Further, the SBTi has verified Evotec’s net-zero science-based target by 2045 and has classified Evotec’s Scope 1 and 2 target ambitions as being in line with a 1.5°C trajectory.

Evotec is committed to:

1. Overall Net-Zero Target: Evotec SE commits to reach net-zero greenhouse gas emissions across the value chain by 2045.
2. Near-Term Targets: Evotec SE commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by 2032 from a 2021 base year. Evotec SE also commits to increase active annual sourcing of renewable electricity from 25% in 2021 to 100% by 2026, and to continue active annual sourcing of 100% renewable electricity through 2030. Evotec SE commits to reduce scope 3 GHG from purchased goods and services and capital goods 72% per million EUR value added by 2032 from a 2021 base year. Evotec also commits that 80% of its suppliers by emissions covering purchased goods and services and capital goods will have science-based targets by 2027.
3. Long-Term Targets: Evotec SE commits to reduce absolute scope 1 and 2 GHG emissions 95% by 2045 from a 2021 base year. Evotec SE also commits to reduce scope 3 GHG emissions by 97% per million EUR value added within the same timeframe.

The SBTi defines and promotes best practice in science-based target setting and independently assesses and validates companies’ targets to increase accountability and credibility of corporate climate action. Evotec’s Management signed the pledge to the Science Based Targets initiative (SBTi) in December 2020, committing to set targets aligned with the goals of the Paris Agreement, and Evotec submitted the net-zero targets to the SBTi in January 2024.

Dr. Christian Wojczewski, Chief Executive Officer of Evotec, commented: “We are proudly taking proactive steps to reduce our greenhouse gas emissions, and feel encouraged that the Science Based Targets initiative has classified our net-zero target as aligned with the SBTi Corporate Net-Zero Standard. We strongly believe that we can create a healthier and more sustainable future together with our partners. SBTi’s validation and approval of our net-zero targets reflects our commitment to transparency, accountability, and meaningful climate action aligned with science.”

More information about Evotec’s efforts to reduce greenhouse gas emissions can be found in the Company’s Sustainability Report and the SBTi dashboard.

About Science Based Targets initiative
The Science Based Targets initiative (“SBTi”) drives ambitious climate action in the private sector by enabling organisations to set science-based emissions reduction targets. The SBTi is a partnership between CDP, the United Nations Global Compact, World Resources Institute (“WRI”) and the World Wide Fund for Nature (“WWF”). Science-based targets provide companies with a clearly defined path for companies to reduce greenhouse gas (GHG) emissions in line with the Paris Agreement goals.