Bavarian Nordic
Bavarian Nordic A/S, a leading player in the pharmaceutical preparation manufacturing industry, is headquartered in Denmark (DK) and operates extensively across Europe and North America. Founded in 1994, the company has achieved significant milestones, including the development of innovative vaccines and immunotherapies targeting infectious diseases and cancer.
Bavarian Nordic is renowned for its proprietary technology platforms, particularly in the field of viral vector-based vaccines. Their core products, such as the smallpox vaccine and the promising cancer immunotherapy candidates, stand out for their unique mechanisms and efficacy. With a strong market position, Bavarian Nordic has garnered recognition for its commitment to advancing public health and has established strategic partnerships to enhance its research and development capabilities.
+22 vs industry average
Bavarian Nordic’s score of 60 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Pharmaceutical Preparation Manufacturing has below-average carbon intensity
Industry performance
The Pharmaceutical Preparation Manufacturing industry has reduced its overall emissions by 19% since 0
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Bavarian Nordic's reported carbon emissions
Bavarian Nordic, a pharmaceutical preparation manufacturing company headquartered in Denmark, is committed to climate action with a long-term goal of achieving Net Zero by 2050, in alignment with the Paris Agreement. The company is actively working to define its carbon footprint reduction pathway, with a focus on this effort throughout 2024. In 2024, Bavarian Nordic reported total global emissions of approximately 54,365,000 kg CO2e. This figure is comprised of Scope 1 emissions totalling about 4,111,000 kg CO2e, and Scope 2 emissions (market-based) amounting to approximately 5,222,000 kg CO2e. Scope 3 emissions were the most significant contributor, reaching an estimated 45,032,000 kg CO2e. Within Scope 3, purchased goods and services represented the largest category, at about 26,111,000 kg CO2e, followed by capital goods at approximately 5,399,000 kg CO2e, and upstream transportation and distribution at roughly 4,503,000 kg CO2e. The previous year, 2023, saw total emissions of approximately 97,706,000 kg CO2e. Scope 1 emissions were around 4,364,000 kg CO2e, and Scope 2 emissions (market-based) were approximately 6,318,000 kg CO2e. Scope 3 emissions for 2023 were substantially higher, at about 87,024,000 kg CO2e, with purchased goods and services accounting for approximately 40,390,000 kg CO2e and capital goods at roughly 37,812,000 kg CO2e. Bavarian Nordic's emissions data is not cascaded from a parent organisation. The company's climate commitments include developing a clear reduction pathway and are underpinned by their dedication to minimising their environmental impact.
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Bavarian Nordic’s Climate Goals (2030 & 2050)
2 goals2024
As we progress with our Net Zero commitment, we will in 2024…
As we progress with our Net Zero commitment, we will in 2024 focus on defining our carbon footprint reduction pathway, as we are determined…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Bavarian Nordic’s sustainability data and climate commitments
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