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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.
+19 vs industry average
Moderna’s score of 59 is higher than 64% 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 a total of approximately 1.19 billion kg CO2e in 2022. This figure comprises Scope 1 emissions of about 11.89 million kg CO2e, Scope 2 market-based emissions of approximately 225,000 kg CO2e (or 9.88 million kg CO2e using location-based reporting), and Scope 3 emissions totalling around 1.14 billion kg CO2e.
In 2021, Moderna's total emissions were approximately 401 million kg CO2e. This included Scope 1 emissions of about 9.36 million kg CO2e, Scope 2 market-based emissions of approximately 4,000 kg CO2e (or 6.95 million kg CO2e location-based), and Scope 3 emissions of around 390 million kg CO2e.
Moderna has established significant climate commitments. The company aims to achieve net-zero carbon emissions across all scopes by 2030. Furthermore, Moderna has committed to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2030, using 2021 as the base year. They also aim for a 90% reduction in absolute Scope 3 GHG emissions by 2045, also from a 2021 baseline. In the long term, the commitment extends to maintaining a minimum of 90% absolute Scope 1 and 2 GHG emissions reduction from 2030 through 2045. Moderna also commits that 85% of its suppliers, covering purchased goods and services, capital goods, and upstream transportation and distribution, will have science-based targets by 2028.
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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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