Moderna
Moderna, Inc., commonly referred to as Moderna, is a pioneering biotechnology company headquartered in the United States. Founded in 2010, Moderna has rapidly established itself as a leader in the mRNA technology sector, focusing on the development of transformative medicines and vaccines. The company gained global recognition for its COVID-19 vaccine, which showcased the potential of mRNA technology in combating infectious diseases. With major operational regions across North America and Europe, Moderna's core products include vaccines and therapeutics targeting infectious diseases, autoimmune disorders, and cancer. The unique aspect of Moderna's approach lies in its innovative use of messenger RNA to instruct cells to produce proteins that can prevent or treat diseases. As a key player in the biotechnology industry, Moderna continues to push the boundaries of science, achieving significant milestones and contributing to public health advancements worldwide.
DitchCarbon Score
How does Moderna'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.
Industry Average
Mean score of companies in the Medical Device 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.
Industry Benchmark
Moderna's score of 72 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Moderna's reported carbon emissions
In 2023, Moderna reported total carbon emissions of approximately 11,240,000 kg CO2e for Scope 1 and 4,310,000 kg CO2e for Scope 2. This reflects a slight decrease from 2022, where Scope 1 emissions were about 11,563,000 kg CO2e and Scope 2 emissions were approximately 1,197,000 kg CO2e (market-based). Notably, in 2022, the company also disclosed significant Scope 3 emissions, totalling around 86,041,000 kg CO2e from capital goods alone. Moderna has set ambitious climate commitments, aiming for net-zero carbon emissions across all scopes by 2045. Specifically, the company targets a 90% reduction in absolute Scope 1 and 2 emissions by 2030, using 2021 as the baseline year. Additionally, by 2028, Moderna aims for 85% of its suppliers, based on emissions from purchased goods and services, capital goods, and upstream transportation and distribution, to have science-based targets. These commitments align with industry standards for climate action, demonstrating Moderna's proactive approach to sustainability in the pharmaceutical sector. The company is on track to meet its near-term targets, which are consistent with the reductions necessary to limit global warming to 1.5°C.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 9,142,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 928,000 | 0,000,000 | 000,000 |
| Scope 3 | 489,508,000 | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
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.
Moderna 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.
