Sandoz Sustainability Profile
Sandoz, a division of Novartis, is a global leader in the pharmaceutical industry, headquartered in Switzerland (CH). Founded in 1886, Sandoz has established itself as a pioneer in generic and biosimilar medicines, focusing on high-quality, affordable healthcare solutions. With a strong presence in Europe, North America, and emerging markets, the company is dedicated to improving patient access to essential medications. Sandoz's core offerings include a diverse range of generic pharmaceuticals, biosimilars, and over-the-counter products, distinguished by their rigorous quality standards and innovative approaches. The company has achieved significant milestones, including the launch of several groundbreaking biosimilars, solidifying its position as a trusted partner in the healthcare sector. With a commitment to sustainability and patient-centric solutions, Sandoz continues to shape the future of medicine.
DitchCarbon Score
How does Sandoz'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 Pharmaceutical Preparation 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
Sandoz's score of 74 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sandoz's reported carbon emissions
In 2024, Sandoz reported total carbon emissions of approximately 1.99 billion kg CO2e. This figure includes Scope 1 emissions of about 82.1 million kg CO2e, Scope 2 emissions of approximately 157.6 million kg CO2e, and Scope 3 emissions amounting to around 1.75 billion kg CO2e. The previous year, 2023, Sandoz's total emissions were approximately 2.26 billion kg CO2e, with Scope 1 at about 86.2 million kg CO2e, Scope 2 at approximately 122.3 million kg CO2e, and Scope 3 at around 2.05 billion kg CO2e. Sandoz has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 30% from a 2020 baseline by 2030. Additionally, the company targets near-zero Scope 1 and Scope 2 emissions by 2025. Furthermore, Sandoz is committed to achieving net-zero emissions across all scopes by 2050. These targets reflect Sandoz's dedication to sustainability and its proactive approach to mitigating climate change impacts. The emissions data and reduction initiatives are sourced directly from Sandoz Group AG, with no data cascaded from a parent organization.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 75,620,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 158,430,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Sandoz's Industry?
How Carbon Intensive is Sandoz's Location?
Sandoz's Scope 3 Categories Breakdown
Sandoz's Scope 3 emissions, which decreased by 15% last year and decreased by approximately 15% since 2023, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 69% of Scope 3 emissions.
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Sandoz's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sandoz has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Sandoz's sustainability data and climate commitments
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