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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.
+55 vs industry average
Merck And Co’s score of 97 is higher than 95% 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.
Merck And Co, a US-based Pharmaceutical Preparation Manufacturing company, reported its carbon emissions for 2024. The company's total emissions for 2024 were approximately 6.94 billion kg CO2e. This included Scope 1 emissions of 721.2 million kg CO2e, market-based Scope 2 emissions of 163 million kg CO2e, and Scope 3 emissions of approximately 6.06 billion kg CO2e.
Looking back, Merck And Co's total emissions have fluctuated. In 2023, the total emissions were approximately 6.76 billion kg CO2e, with Scope 1 at 731.6 million kg CO2e, market-based Scope 2 at 170.1 million kg CO2e, and Scope 3 at approximately 5.86 billion kg CO2e. In 2022, total emissions stood at approximately 6.96 billion kg CO2e, comprising 739.5 million kg CO2e for Scope 1, 217.3 million kg CO2e for market-based Scope 2, and approximately 6 billion kg CO2e for Scope 3.
Merck And Co has committed to several ambitious climate targets. The company aims to achieve net-zero greenhouse gas (GHG) emissions across its global operations (Scopes 1, 2, and 3) by 2045, a target aligned with the Science Based Targets initiative (SBTi). For near-term reductions, Merck And Co has committed to reducing its absolute Scope 1 and 2 GHG emissions by 46% by 2030, using a 2019 baseline. Furthermore, the company plans to reduce its absolute Scope 3 GHG emissions by 30% within the same timeframe (2019 baseline to 2030). Merck And Co has also set a goal to become carbon neutral across its operations (Scopes 1 and 2 GHG emissions) by 2025.
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2045
90% reduction in Scope 1
Merck & Co., Inc. commits to reduce absolute scope 1 GHG emissions 90% by 2045 from a 2019 base year.
2045
90% reduction in Scope 2
Merck & Co., Inc. commits to reduce absolute scope 2 GHG emissions 90% by 2045 from a 2019 base year.
2030
46.2% reduction in Scope 2
Merck & Co., Inc. commits to reduce absolute scope 2 GHG emissions 46.2% by 2030 from a 2019 base year.
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Common questions about Merck And Co’s sustainability data and climate commitments
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