Cryoport
Cryoport, Inc., a leading provider in the biopharmaceutical supply chain, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 2012, the company has established itself as a pivotal player in the temperature-controlled logistics sector, particularly for the life sciences industry. Specialising in cryogenic logistics, Cryoport offers innovative solutions for the transportation of biological materials, including cell and gene therapies. Their unique Cryoport Express® system ensures the integrity and viability of sensitive shipments, setting them apart in a competitive market. With a commitment to quality and compliance, Cryoport has achieved significant milestones, including partnerships with major pharmaceutical companies and a robust network of global facilities. This positions Cryoport as a trusted leader in the critical field of biopharmaceutical logistics.
DitchCarbon Score
How does Cryoport'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 Other Services 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
Cryoport's score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cryoport's reported carbon emissions
In 2022, Cryoport, headquartered in the US, reported total carbon emissions of approximately 16,253,000 kg CO2e. This figure includes emissions from various scopes: Scope 1 emissions totalled about 1,352,000 kg CO2e, with mobile combustion contributing approximately 717,000 kg CO2e, fugitive emissions at 230,000 kg CO2e, and stationary combustion at 405,000 kg CO2e. Scope 2 emissions from purchased electricity were around 4,879,000 kg CO2e. Notably, Scope 3 emissions, which encompass indirect emissions, were significant at about 10,022,000 kg CO2e, primarily driven by downstream transportation and distribution (approximately 9,581,000 kg CO2e). In comparison, Cryoport's total emissions for 2021 were reported at about 9,744,000 kg CO2e, indicating a substantial increase in emissions year-on-year. The company has not disclosed specific reduction targets or initiatives as part of its climate commitments, nor has it made any pledges under the Science Based Targets initiative (SBTi). Cryoport's emissions data reflects its operational impact and highlights the importance of addressing carbon emissions within the logistics and supply chain sectors. The absence of defined reduction targets suggests an opportunity for the company to enhance its climate strategy and align with industry standards for sustainability.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 2,613,000 | 0,000,000 |
| Scope 2 | 6,988,000 | 0,000,000 |
| Scope 3 | 142,000 | 00,000,000 |
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.
Cryoport 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.
