Schrodinger Sustainability Profile
Schrödinger, Inc., a leading player in the computational biophysics and drug discovery industry, is headquartered in the United States. Founded in 1990, the company has established itself as a pioneer in leveraging advanced software solutions to accelerate the discovery of new therapeutics. With a strong presence in major operational regions including North America and Europe, Schrödinger focuses on providing innovative platforms that integrate physics-based simulations with machine learning. The company's core offerings, such as its Schrödinger Suite, enable researchers to model molecular interactions with unprecedented accuracy, setting it apart from traditional methods. Notable achievements include collaborations with top pharmaceutical companies and a robust portfolio of intellectual property. Schrödinger's commitment to transforming drug discovery processes positions it as a formidable force in the biotechnology landscape.
DitchCarbon Score
How does Schrodinger'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 Computer Services 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
Schrodinger's score of 45 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Schrodinger's reported carbon emissions
In 2024, Schrödinger, headquartered in the United States, reported total carbon emissions of approximately 20,576,000 kg CO2e across all scopes. This includes 446,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 1,144,000 kg CO2e from Scope 2 emissions related to purchased electricity. The majority of their emissions, about 19,186,000 kg CO2e, stem from Scope 3 activities, with significant contributions from the use of sold products (approximately 12,075,000 kg CO2e) and capital goods (about 6,282,000 kg CO2e). In 2023, Schrödinger's emissions were reported at approximately 31,431,000 kg CO2e, with Scope 1 emissions at 249,000 kg CO2e and Scope 2 emissions at 847,000 kg CO2e. The Scope 3 emissions for that year were notably high, totalling around 30,000,000 kg CO2e, again driven largely by the use of sold products (approximately 19,090,000 kg CO2e) and capital goods (about 10,762,000 kg CO2e). Schrödinger has committed to achieving net zero emissions by 2050, with this long-term target encompassing all scopes of emissions. The company is currently on track with its near-term climate commitments, although specific reduction percentages have not been disclosed. Their climate initiatives are aligned with industry standards, and they actively report their emissions data through platforms such as SBTi and CDP. Overall, Schrödinger's emissions data reflects a significant environmental footprint, particularly in Scope 3 emissions, highlighting the importance of addressing indirect emissions in their climate strategy.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 249,000 | 000,000 |
| Scope 2 | 847,000 | 0,000,000 |
| Scope 3 | 31,431,000 | 00,000,000 |
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Schrodinger's Scope 3 Categories Breakdown
Schrodinger's Scope 3 emissions, which decreased by 35% last year and decreased by approximately 35% 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 "Use of Sold Products" being the largest emissions source at 59% of Scope 3 emissions.
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Schrodinger'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.
Schrodinger 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 Schrodinger's sustainability data and climate commitments