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.

77

Industry Average

Mean score of companies in the Pharmaceutical Preparation Manufacturing 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.

30

Industry Benchmark

Bms's score of 77 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, with Scope 1 emissions at about 208,535,000 kg CO2e, Scope 2 emissions at approximately 158,447,000 kg CO2e (market-based), and Scope 3 emissions reaching about 1,750,947,000 kg CO2e. This represents a slight decrease from 2022, where total emissions were about 2,142,307,000 kg CO2e. BMS has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 54.6% by 2033 from a 2022 baseline. Additionally, BMS plans to reduce absolute Scope 3 emissions from fuel and energy-related activities by the same percentage within the same timeframe. By 2028, BMS aims for 75% of its suppliers, based on emissions, to have science-based targets. Long-term, BMS commits to a 90% reduction in absolute Scope 1, 2, and 3 emissions by 2050, also using 2022 as the baseline year. These targets align with the Science Based Targets initiative (SBTi) and reflect BMS's commitment to addressing climate change within 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 Pharmaceutical Preparation Manufacturing, which is very low 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 participating in some 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.

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

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