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Amgen Inc., widely recognised as Amgen, is a pioneering global biopharmaceutical company headquartered in the US. Operating within the Pharmaceutical Preparation Manufacturing industry, it focuses on discovering, developing, manufacturing, and delivering innovative human therapeutics.
Established in 1980, Amgen has grown to become a world leader in biotechnology, consistently pushing scientific boundaries. The company’s core business involves addressing serious illnesses through a broad portfolio of biologic medicines, particularly in areas like oncology, cardiology, and inflammation.
Amgen’s unique approach leverages advanced human genetics to deliver novel, targeted therapies, transforming patient lives globally. It maintains a strong market position, driven by its commitment to scientific innovation and improving health outcomes across its significant global presence.
+3 vs industry average
Amgen’s score of 45 is higher than 56% 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.
Amgen, a US-based Pharmaceutical Preparation Manufacturing company, reported its 2024 Scope 1 emissions as approximately 147.35 million kg CO2e, with Scope 2 emissions (market-based) at about 13.89 million kg CO2e, and Scope 3 emissions totalling approximately 1.705 billion kg CO2e. This includes about 945.76 million kg CO2e from purchased goods and services, and approximately 220.98 million kg CO2e from capital goods.
The company has set several climate commitments. Amgen aims for carbon neutrality for its owned and operated facilities (Scope 1 and Scope 2 emissions) by 2027. It is also striving for 100% renewable electricity use at all feasible operations by 2027, which is expected to result in an approximate 50% reduction in operational carbon emissions (Scope 2).
Amgen has Science Based Targets initiative (SBTi) approved targets, committing to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 55% by 2027 from a 2019 base year. Additionally, Amgen plans to increase its annual sourcing of renewable electricity from 29% in 2019 to 100% by 2027, and maintain this through 2030. The company further commits that 73% of its suppliers by spend, covering upstream purchased goods and services and capital goods, will have science-based targets by 2027.
As of 2023, Amgen had achieved 54% of its targeted reductions for Scope 1 and Scope 2 carbon emissions against its 2019 baseline.
2027
55% reduction in Scope 2
Amgen commits to reduce absolute scope 1 and 2 GHG emissions 55% by 2027 from a 2019 base year.
2027
55% reduction in Scope 1
Amgen commits to reduce absolute scope 1 and 2 GHG emissions 55% by 2027 from a 2019 base year.
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Common questions about Amgen’s sustainability data and climate commitments
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