Bavarian Nordic

Bavarian Nordic, a pharmaceutical preparation manufacturer headquartered in Denmark, has reported its carbon emissions for several years. In 2024, the company's total reported emissions were approximately 54.4 million kg CO2e. This total comprised Scope 1 emissions of about 4.1 million kg CO2e, Scope 2 emissions (market-based) of approximately 5.2 million kg CO2e, and Scope 3 emissions amounting to roughly 45.0 million kg CO2e. Key contributors to their Scope 3 emissions in 2024 included purchased goods and services (approximately 26.1 million kg CO2e) and capital goods (around 5.4 million kg CO2e).

In 2023, Bavarian Nordic's total emissions were approximately 97.7 million kg CO2e. This included Scope 1 emissions of about 4.4 million kg CO2e, Scope 2 emissions (market-based) of approximately 6.3 million kg CO2e, and substantial Scope 3 emissions totalling around 87.0 million kg CO2e. The largest components of their Scope 3 emissions in 2023 were purchased goods and services (approximately 40.4 million kg CO2e) and capital goods (about 37.8 million kg CO2e).

Earlier reporting years show Scope 1 and 2 emissions. In 2022, Scope 1 and 2 emissions totalled approximately 2.8 million kg CO2e. For 2021, the combined Scope 1 and 2 emissions were around 2.5 million kg CO2e. In 2020, Scope 1 and 2 emissions were approximately 2.6 million kg CO2e, and in 2019, they were approximately 2.1 million kg CO2e. Historical data from 2018 indicates Scope 1 and 2 emissions of roughly 2.4 million kg CO2e, and in 2017, approximately 2.7 million kg CO2e. In 2016, total emissions were reported at approximately 2.7 million kg CO2e, covering Scope 1 and 2.

Bavarian Nordic has made significant climate commitments. The company commits to being Net Zero by 2050, in alignment with the Paris Agreement. As part of this long-term goal, they plan to define their carbon footprint reduction pathway in 2024. This focus on defining a reduction pathway is also part of their near-term commitment to reducing their carbon footprint in line with the Paris Agreement. While their SBTi reduction targets are noted as "Committed" for near-term, specific reduction percentages or target years beyond the Net Zero commitment are not detailed in the provided information.