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Moderna, Inc., a leading name in the pharmaceutical preparation manufacturing industry, is headquartered in the United States. Founded in 2010, the company has rapidly advanced in the biotechnology sector, particularly known for its pioneering work in messenger RNA (mRNA) technology. This innovative approach has positioned Moderna at the forefront of vaccine development, most notably with its COVID-19 vaccine, which has garnered global recognition.
With major operational regions across North America and Europe, Moderna focuses on developing transformative medicines for infectious diseases, autoimmune disorders, and rare diseases. The company's unique mRNA platform allows for rapid vaccine development and production, setting it apart from traditional methods. As a key player in the pharmaceutical landscape, Moderna continues to achieve significant milestones, solidifying its market position and commitment to advancing healthcare solutions.
+17 vs industry average
Moderna’s score of 59 is higher than 68% 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.
Moderna, a US-based pharmaceutical preparation manufacturing company, reported approximately 1.25 billion kg CO2e in total emissions for 2022. This includes approximately 11.89 million kg CO2e from Scope 1 emissions, approximately 225,000 kg CO2e from market-based Scope 2 emissions, and approximately 1.23 billion kg CO2e from Scope 3 emissions. The largest contributors to Scope 3 emissions in 2022 were purchased goods and services, accounting for approximately 1.096 billion kg CO2e, and capital goods, at approximately 86.04 million kg CO2e.
In 2021, Moderna's total emissions were approximately 499.7 million kg CO2e. This comprised approximately 9.36 million kg CO2e from Scope 1, approximately 4,000 kg CO2e from market-based Scope 2, and approximately 490.3 million kg CO2e from Scope 3. Key Scope 3 categories in 2021 included purchased goods and services, at approximately 380.37 million kg CO2e, and capital goods, at approximately 78.62 million kg CO2e.
Moderna has set ambitious climate commitments, including a near-term target to achieve net-zero carbon emissions in Scope 1 and Scope 2 by 2030, originating from their 2023 commitments. They also aim for global net-zero carbon emissions across all scopes by 2030.
The company's Science Based Targets initiative (SBTi) commitments reinforce these goals. Moderna, Inc. commits to reaching net-zero greenhouse gas emissions across its value chain by 2045, from a 2021 base year. Near-term SBTi targets include reducing absolute Scope 1 and Scope 2 GHG emissions by 90% by 2030, from a 2021 base year. For long-term targets, Moderna, Inc. commits to maintaining a minimum of 90% absolute Scope 1 and Scope 2 GHG emissions from 2030 through to 2045. Additionally, they aim to reduce absolute Scope 3 GHG emissions by 90% by 2045 from a 2021 base year. Moderna also commits that 85% of its suppliers, by emissions covering purchased goods and services, capital goods, and upstream transportation and distribution, will have science-based targets by 2028.
2030
90% reduction in Scope 2
Moderna, Inc. commits to reduce absolute scope 2 GHG emissions 90% by 2030 from a 2021 base year.
2030
90% reduction in Scope 1
Moderna, Inc. commits to reduce absolute scope 1 GHG emissions 90% by 2030 from a 2021 base year.
2045
90% reduction in Scope 1
Moderna, Inc. commits to maintain a minimum of 90% absolute scope 1 GHG emissions from 2030 through 2045 from a 2021 base year.
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Common questions about Moderna’s sustainability data and climate commitments
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