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OrganisationsMerck And Co
Merck And Co logo

Merck And Co

Pharmaceutical Preparation ManufacturingUnited StatesNYSE: MRK
Last verified 4 months agomerck.com

Merck & Co., Inc., commonly referred to as Merck, is a leading player in the pharmaceutical preparation manufacturing industry, headquartered in the United States. Founded in 1891, the company has established a strong presence in major operational regions, including North America, Europe, and Asia. Merck is renowned for its innovative research and development in areas such as oncology, vaccines, and infectious diseases, with core products like Keytruda and Gardasil setting benchmarks in their respective fields.

With a commitment to advancing global health, Merck has achieved significant milestones, including numerous FDA approvals and recognitions for its contributions to public health. The company’s robust pipeline and dedication to scientific excellence position it as a formidable force in the pharmaceutical landscape, making it a trusted name among healthcare professionals and patients alike.

77
DitchCarbon score

+38 vs industry average

Merck And Co’s score of 77 is higher than 82% 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

No industry performance data available yet.

The Pharmaceutical Preparation Manufacturing industry

Reported emissions

No reported emissions data is available for Merck And Co yet.

Merck And Co's reported carbon emissions

Merck and Co., a pharmaceutical preparation manufacturer headquartered in the US, has disclosed significant carbon emissions data and ambitious climate commitments.

In 2024, the company reported total greenhouse gas (GHG) emissions of approximately 7.6 billion kg CO2e. This total is comprised of Scope 1 emissions totalling around 721.2 million kg CO2e, and Scope 2 emissions reaching approximately 163 million kg CO2e (market-based). Scope 3 emissions were substantial, amounting to roughly 6.06 billion kg CO2e, with purchased goods and services representing the largest category at approximately 4.74 billion kg CO2e.

Looking at previous years, total emissions in 2023 were approximately 7 billion kg CO2e, with Scope 1 at about 731.6 million kg CO2e and Scope 2 at roughly 170.1 million kg CO2e (market-based). Scope 3 emissions in 2023 were approximately 5.86 billion kg CO2e. In 2022, total emissions were approximately 7.18 billion kg CO2e, with Scope 1 at about 739.5 million kg CO2e and Scope 2 at around 217.3 million kg CO2e (market-based).

Merck and Co. is committed to reducing its environmental impact through several key targets:

  • Net-Zero Goal: The company aims to achieve net-zero GHG emissions across its global operations (Scopes 1, 2, and 3) by 2045, aligning with the Science Based Targets initiative (SBTi) guidelines.
  • Operational Emissions Reduction: Merck and Co. is working to reduce its operational GHG emissions (Scopes 1 and 2) by 46% by 2030, using a 2019 baseline. Some reporting indicates a specific target of 46.2% reduction for Scopes 1 and 2 by 2030.
  • Value Chain Emissions Reduction: The company has committed to reducing its value chain (Scope 3) GHG emissions by 30% by 2030, also from a 2019 baseline.
  • Carbon Neutrality: Merck and Co. has a stated commitment to become carbon neutral across its operations (Scopes 1 and 2) by 2025.

These commitments demonstrate Merck and Co.'s focus on environmental sustainability within the pharmaceutical industry.

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Merck And Co’s Climate Goals (2030 & 2050)

3 goals

2025

46% reduction in all scopes

Achieve carbon neutrality across our operations by 2025 (Scopes 1 & 2 greenhouse gas (GHG) emissions¹). Reduce operational GHG emissions (i.…

Behind target46%

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

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 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
Merck And Co logoMerck And Co
USPharmaceutical Preparation Manufacturing
4 months ago
77
Novartis logoNovartis
CHPharmaceutical Preparation Manufacturing
21 hours ago
100
View
Takeda logoTakeda
JPPharmaceutical Preparation Manufacturing
21 hours ago
100
View
Johnson And Johnson logoJohnson And Johnson
USResearch Services
21 hours ago
65
View
Gilead Sciences logoGilead Sciences
USPharmaceutical Preparation Manufacturing
21 hours ago
58
View
Amgen logoAmgen
USPharmaceutical Preparation Manufacturing
21 hours ago
40
View

Frequently asked questions

Common questions about Merck And Co’s sustainability data and climate commitments

In 2024, Merck And Co's estimated total greenhouse gas emissions were approximately 7.6 billion kg CO₂e. The company's performance data indicates that Scope 1 emissions were around 722 million kg CO₂e, Scope 2 emissions close to 163 million kg CO₂e, and Scope 3 emissions roughly 6.06 billion kg CO₂e. The majority of emissions, over 80%, come from Scope 3, primarily from purchased goods and services. These figures reflect the company's significant environmental impact within the pharmaceutical manufacturing sector and its ongoing efforts to monitor and reduce its carbon footprint.

Data year: 2024

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