Public Profile

Bms

Bristol Myers Squibb (BMS), a leading biopharmaceutical company headquartered in the United States, has been at the forefront of medical innovation since its founding in 1887. With a strong presence in North America, Europe, and Asia, BMS focuses on discovering, developing, and delivering innovative medicines for serious diseases, particularly in oncology, immunology, and cardiovascular health. BMS is renowned for its core products, including the groundbreaking cancer therapies Opdivo and Yervoy, which have transformed treatment paradigms. The company’s commitment to research and development has positioned it as a market leader, achieving significant milestones such as the successful launch of multiple life-saving therapies. With a robust pipeline and a dedication to patient-centric solutions, Bristol Myers Squibb continues to make a profound impact on global health.

DitchCarbon Score

How does Bms'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.

59

Industry Average

Mean score of companies in the Chemicals 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.

14

Industry Benchmark

Bms's score of 59 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

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Bms's reported carbon emissions

In 2023, Bristol Myers Squibb (BMS) reported total carbon emissions of approximately 2,117,929,000 kg CO2e. This figure includes 208,535,000 kg CO2e from Scope 1 emissions, 158,447,000 kg CO2e from Scope 2 emissions, and a significant 1,750,947,000 kg CO2e from Scope 3 emissions, which encompasses various indirect emissions across the value chain. BMS has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 54.6% by 2033, using 2022 as the baseline year. Additionally, BMS plans to reduce absolute Scope 3 GHG emissions from fuel and energy-related activities by the same percentage within the same timeframe. Furthermore, BMS is committed to ensuring that 75% of its suppliers, based on emissions from purchased goods and services, capital goods, and upstream transportation and distribution, will have science-based targets by 2028. Long-term, BMS aims to achieve a 90% reduction in both absolute Scope 1 and 2 emissions and Scope 3 emissions by 2050, again using 2022 as the baseline year. These targets include biogenic land-related emissions and removals from bioenergy feedstocks, reflecting BMS's commitment to comprehensive climate action in the pharmaceutical sector.

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201520162017201820192020202120222023
Scope 1
210,540,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
150,790,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
69,630,000
00,000,000
00,000,000
00,000,000
000,000,000
00,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bms's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bms is in US, which has a low grid carbon intensity relative to other regions.

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.

Bms is committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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