Public Profile

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.

63

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.

22

Industry Benchmark

Moderna's score of 63 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Moderna's reported carbon emissions

In 2023, Moderna reported total carbon emissions of approximately 11,240,000 kg CO2e for Scope 1 and 11,506,000 kg CO2e for Scope 2. The company has not disclosed Scope 3 emissions for this year. In 2022, their emissions were about 11,563,000 kg CO2e for Scope 1, 10,730,000 kg CO2e for Scope 2, and a significant 1,096,111,000 kg CO2e for Scope 3. In 2021, emissions were approximately 9,142,000 kg CO2e for Scope 1, 9,280,000 kg CO2e for Scope 2, and a staggering 78,621,000 kg CO2e for Scope 3. Moderna has set ambitious climate commitments, aiming for net-zero carbon emissions across all scopes by 2045. They have established near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 90% by 2030, using 2021 as the baseline year. Additionally, they plan for 85% of their suppliers, covering purchased goods and services, capital goods, and upstream transportation and distribution, to have science-based targets by 2028. These initiatives reflect Moderna's commitment to sustainability within the pharmaceutical and biotechnology sector, aligning with industry standards for climate action.

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202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Moderna's primary industry is Medical, precision and optical instruments, watches and clocks (33), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Moderna is headquartered in US, which has a rank of low, indicating low grid carbon 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 committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers