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The Medicines Company, a prominent player in the pharmaceutical industry, is headquartered in the United States and operates extensively across major global markets. Founded in 1996, the company has made significant strides in developing innovative therapies, particularly in the fields of cardiovascular and infectious diseases. Renowned for its flagship product, inclisiran, The Medicines Company focuses on delivering unique solutions that address unmet medical needs. This groundbreaking treatment for hypercholesterolemia exemplifies the company's commitment to advancing patient care through cutting-edge science. With a strong market position, The Medicines Company has achieved notable milestones, including successful clinical trials and strategic partnerships that enhance its research capabilities. As a leader in the biopharmaceutical sector, the company continues to push the boundaries of medical innovation, striving to improve health outcomes worldwide.
How does The Medicines Company'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.
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.
The Medicines Company's score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Medicines Company, headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. However, it is important to note that The Medicines Company is a current subsidiary of Novartis AG, which provides emissions data and climate commitments through a cascading relationship. Novartis AG has set ambitious climate targets, including commitments to reduce greenhouse gas emissions across its operations. These targets are aligned with the Science Based Targets initiative (SBTi) and are part of a broader strategy to achieve net-zero emissions by 2025 for Scope 1 and 2 emissions, while also addressing Scope 3 emissions in the supply chain. The Medicines Company benefits from Novartis's initiatives, including participation in the Carbon Disclosure Project (CDP) and the RE100 initiative, which aims for 100% renewable electricity. These commitments reflect a strong corporate responsibility towards climate action and sustainability. While specific reduction targets for The Medicines Company are not detailed, the overarching goals set by Novartis AG indicate a proactive approach to mitigating climate impact and enhancing environmental stewardship within the pharmaceutical industry.
Access structured emissions data, company-specific emission factors, and source documents
2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 583,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 922,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
The Medicines Company is not participating in any of the initiatives that 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.