Sandoz Inc. Sustainability Profile
Sandoz Inc., a prominent global leader in the pharmaceutical industry, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1886, Sandoz has established itself as a key player in generic pharmaceuticals and biosimilars, focusing on high-quality, affordable medications that enhance patient access to essential treatments. The company is renowned for its diverse portfolio, which includes a wide range of generic medicines, biosimilars, and over-the-counter products. Sandoz's commitment to innovation and quality sets it apart, as it continually invests in research and development to bring new therapies to market. With a strong market position, Sandoz has achieved notable milestones, including numerous successful product launches and a reputation for reliability in the healthcare sector.
DitchCarbon Score
How does Sandoz Inc.'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 Inc.'s score of 68 is higher than 79% 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 Inc., headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Sandoz Group AG, which may influence its climate commitments and reporting practices. While Sandoz Inc. has not outlined specific reduction targets or achievements, it is important to note that its climate initiatives and commitments are likely aligned with those of its parent company, Sandoz Group AG. This includes participation in various climate initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which are cascaded from the parent organisation. As a part of the pharmaceutical industry, Sandoz Inc. is expected to adhere to industry standards for sustainability and climate action, although specific commitments or targets have not been disclosed at this time. The absence of detailed emissions data and reduction targets suggests that Sandoz Inc. may still be in the process of developing its climate strategy or reporting framework.
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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 Inc.'s Industry?
How Carbon Intensive is Sandoz Inc.'s Location?
Sandoz Inc.'s Scope 3 Categories Breakdown
Sandoz Inc.'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.
Top Scope 3 Categories
Sandoz Inc.'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 Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
