Bavarian Nordic
Bavarian Nordic A/S, a leading biotechnology company headquartered in Denmark (DK), is renowned for its innovative approach in the field of immunotherapy and vaccine development. Founded in 1994, the company has made significant strides in combating infectious diseases and cancer, with a strong operational presence across Europe and North America.
Specialising in the development of live virus vaccines and immunotherapies, Bavarian Nordic's core products include the smallpox vaccine, IMVAMUNE®, and the cancer immunotherapy candidate, BN-Brachyury. These offerings are distinguished by their unique mechanisms and robust safety profiles, positioning the company as a key player in the biopharmaceutical industry. With a commitment to advancing public health, Bavarian Nordic has achieved notable milestones, including partnerships with global health organisations, solidifying its reputation as a trusted innovator in vaccine technology.
+22 vs industry average
Bavarian Nordic’s score of 60 is higher than 75% 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
In 2024, Bavarian Nordic reported total carbon emissions of approximately 54.4 million kg CO2e. This figure includes Scope 1 emissions of about 4.1 million kg CO2e, Scope 2 emissions of approximately 5.2 million kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 45.0 million kg CO2e. The company has made a commitment to achieve Net Zero emissions by 2050, aligning with the Paris Agreement on Climate Change. In the near term, Bavarian Nordic aims to define its carbon footprint reduction pathway in 2024, focusing on comprehensive strategies across all scopes of emissions. In 2023, the company reported total emissions of approximately 97.7 million kg CO2e, with Scope 1 emissions at about 4.4 million kg CO2e, Scope 2 emissions of approximately 6.3 million kg CO2e (market-based), and Scope 3 emissions reaching around 87.0 million kg CO2e. This indicates a significant reduction in total emissions from 2023 to 2024. Bavarian Nordic's climate commitments reflect a proactive approach to sustainability within the pharmaceuticals, biotechnology, and life sciences sector, demonstrating their dedication to reducing their carbon footprint in line with global climate goals.
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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.
See all 2 climate goals
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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
Data year: 2024
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