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OrganisationsBristol-Myers Squibb
Bristol-Myers Squibb logo

Bristol-Myers Squibb

Pharmaceutical Preparation ManufacturingUnited StatesNYSE: BMY
Last verified 4 months agobms.com

Bristol-Myers Squibb Company, commonly referred to as BMS, is a leading player in the pharmaceutical preparation manufacturing industry, headquartered in the United States. Founded in 1887, the company has established itself as a pioneer in innovative medicines, particularly in oncology, immunology, and cardiovascular disease.

With a strong operational presence across North America, Europe, and Asia, 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, consistently achieving significant milestones in drug discovery and patient care. Bristol-Myers Squibb continues to shape the future of healthcare with its unique approach to addressing unmet medical needs.

80
DitchCarbon score

+42 vs industry average

Bristol-Myers Squibb’s score of 80 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Pharmaceutical Preparation Manufacturing has below-average carbon intensity

Industry performance

0.243
02025

The Pharmaceutical Preparation Manufacturing industry has increased its overall emissions by 132% since 0

Emissions trajectory 2020 – 2027

0.0B0.0B0.0B000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Bristol-Myers Squibb's reported carbon emissions

Bristol Myers Squibb (BMS), a pharmaceutical preparation manufacturing company headquartered in the US, has reported its carbon emissions for recent years, demonstrating a commitment to reducing its environmental impact.

2024 Emissions: In 2024, BMS reported a total of approximately 2.01 billion kg CO2e. This breakdown includes:

  • Scope 1 Emissions: Approximately 206.73 million kg CO2e.
  • Scope 2 Emissions (Market-based): Approximately 104.65 million kg CO2e.
  • Scope 3 Emissions: Approximately 1.70 billion kg CO2e, with purchased goods and services accounting for the largest portion at about 1.22 billion kg CO2e.

2023 Emissions: For 2023, BMS recorded total emissions of approximately 2.12 billion kg CO2e.

  • Scope 1 Emissions: Approximately 208.53 million kg CO2e.
  • Scope 2 Emissions (Market-based): Approximately 158.45 million kg CO2e.
  • Scope 3 Emissions: Approximately 1.75 billion kg CO2e.

2022 Emissions: In 2022, total emissions were approximately 2.14 billion kg CO2e.

  • Scope 1 Emissions: Approximately 212.28 million kg CO2e.
  • Scope 2 Emissions (Market-based): Approximately 160.55 million kg CO2e.
  • Scope 3 Emissions: Approximately 1.77 billion kg CO2e.

Climate Commitments and Targets: Bristol Myers Squibb has set ambitious targets to achieve net-zero greenhouse gas emissions. Key commitments include:

  • Net-Zero by 2050: BMS aims to achieve net-zero emissions across its entire value chain by 2050. This target includes Scope 1, Scope 2, and Scope 3 emissions.
  • Scope 1 & 2 Reduction Target: BMS has committed to a near-term reduction of 54.6% in absolute Scope 1 and 2 GHG emissions by 2033, using 2022 as the base year.
  • Scope 3 Reduction Target: In line with its near-term Scope 1 & 2 goals, BMS also commits to reducing absolute Scope 3 GHG emissions from fuel and energy-related activities by 54.6% by 2033 from a 2022 base year.
  • Supplier Engagement: By 2028, BMS aims to engage 75% of its suppliers, weighted by emissions, to develop science-based targets for purchased goods and services, capital goods, and upstream transportation and distribution.
  • Long-Term Scope 1 & 2 Reduction: BMS is working towards a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050, from a 2022 base year.
  • Long-Term Scope 3 Reduction: Similarly, BMS aims for a 90% reduction in absolute Scope 3 GHG emissions by 2050, from a 2022 base year.
  • Corporate Fleet: By 2040, the company aims to have 100% electric vehicles in its corporate fleet globally and achieve net-neutral carbon emissions.

These targets align with the Science Based Targets initiative (SBTi) and demonstrate BMS's dedication to contributing to global climate goals.

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Bristol-Myers Squibb’s Climate Goals (2030 & 2050)

4 goals

2040

by 2040, achieve, globally, 100% electric vehicles in our co…

by 2040, achieve, globally, 100% electric vehicles in our corporate fleet, net neutral carbon emissions.

At risk0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

10 of 15 categories disclosed
Purchased Goods & Services72%
Upstream Transportation & Distribution9%
Investments6%
Business Travel4%
Fuel & Energy Activities3%
Employee Commuting3%
Capital Goods1%
Downstream Transportation & Distribution1%
Purchased Goods & Services72%
Upstream Transportation & Distribution9%
Investments6%
Business Travel4%
Fuel & Energy Activities3%
Employee Commuting3%
Capital Goods1%
Downstream Transportation & Distribution1%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2033 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Bristol-Myers Squibb logoBristol-Myers Squibb
USPharmaceutical Preparation Manufacturing
4 months ago
80
Biogen logoBiogen
USPharmaceutical Preparation Manufacturing
5 days ago
82
View
Regeneron logoRegeneron
USPharmaceutical Preparation Manufacturing
5 days ago
69
View
Gilead Sciences logoGilead Sciences
USPharmaceutical Preparation Manufacturing
2 days ago
58
View
Moderna logoModerna
USPharmaceutical Preparation Manufacturing
5 days ago
54
View
Vertex Pharmaceuticals logoVertex Pharmaceuticals
USPharmaceutical Preparation Manufacturing
5 days ago
45
View
Amgen logoAmgen
USPharmaceutical Preparation Manufacturing
5 days ago
40
View

Frequently asked questions

Common questions about Bristol-Myers Squibb’s sustainability data and climate commitments

In 2024, Bristol-Myers Squibb reported an approximate total of 2.01 billion kg CO₂e emissions. This figure includes all operational scopes, with Scope 3 accounting for the largest share at around 1.70 billion kg CO₂e, which is roughly 85% of total emissions. Scope 1 emissions are estimated at about 207 million kg CO₂e, and Scope 2 at approximately 105 million kg CO₂e. These numbers reflect the company's ongoing efforts to measure and disclose its environmental impact within the pharmaceutical manufacturing sector, emphasizing the importance of supply chain emissions.

Data year: 2024

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