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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.
+48 vs industry average
Bristol-Myers Squibb’s score of 90 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pharmaceutical Preparation Manufacturing is among the least carbon-intensive industries
The Pharmaceutical Preparation Manufacturing industry has increased its overall emissions by 132% since 0
Scope 3 accounts for ••• of total emissions.
Bristol-Myers Squibb's carbon emissions in 2024 were approximately 2.01 billion kg CO2e. This includes Scope 1 emissions of around 206.73 million kg CO2e, Scope 2 emissions (market-based) of about 104.65 million kg CO2e, and Scope 3 emissions totalling approximately 1.70 billion kg CO2e.
Looking back, their total emissions were about 2.12 billion kg CO2e in 2023 and approximately 2.14 billion kg CO2e in 2022.
Bristol-Myers Squibb has set ambitious climate commitments. They aim to achieve net-zero greenhouse gas emissions across their entire value chain by 2050. This net-zero target covers Scope 1, Scope 2, and Scope 3 emissions.
Near-term targets, as validated by the Science Based Targets initiative (SBTi), include a commitment to reduce absolute Scope 1 and 2 GHG emissions by 54.6% by 2033, using a 2022 base year. They also pledge to reduce absolute Scope 3 GHG emissions from fuel and energy-related activities by 54.6% within the same timeframe. Furthermore, Bristol-Myers Squibb commits that 75% of its suppliers, by emissions, covering purchased goods and services, capital goods, and upstream transportation and distribution, will have science-based targets by 2028.
For long-term goals, Bristol-Myers Squibb commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2022 base year, and to reduce absolute Scope 3 GHG emissions by 90% within the same timeframe. They also aim for net neutrality in Scope 1 and Scope 2 GHG emissions by 2040.
2050
Bristol Myers Squibb commits to reach net-zero greenhouse ga…
Bristol Myers Squibb commits to reach net-zero greenhouse gas emissions across the value chain by 2050.
2033
54.6% reduction in Scope 2
Bristol Myers Squibb (BMS) commits to reduce absolute scope 2 GHG emissions 54.6% by 2033 from a 2022 base year.
2033
54.6% reduction in scope 3 upstream
BMS also commits to reduce absolute scope 3 GHG emissions from fuel and energy related activities 54.6% within the same timeframe.
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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Common questions about Bristol-Myers Squibb’s sustainability data and climate commitments
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