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Bavarian Nordic A/S
Bavarian Nordic's GHG Emissions Data Preview
In 2024, Bavarian Nordic completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Bavarian Nordic has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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bVerified Sources Behind Bavarian Nordic’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Bavarian Nordic’s data sources below and access millions more through our Disclosure Search.
Insights into Bavarian Nordic's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofBavarian Nordic amounted to5,826metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Bavarian Nordicdecreased by 21.29%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Bavarian Nordic's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Bavarian Nordic's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Bavarian Nordic were 4,111 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Bavarian Nordic reduced its Scope 1 emissions over time?
Since 2019, Bavarian Nordic's Scope 1 emissions have increased by 352.26%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Bavarian Nordic's Scope 1 emissions decreased by 5.8%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Bavarian Nordic's Scope 2 emissions?
In 2024, Bavarian Nordic reported Scope 2 greenhouse gas (GHG) emissions of 5,222 tCOâ‚‚e using the market-based method and 1,715 tCOâ‚‚e using the location-based method.a
Has Bavarian Nordic reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Bavarian Nordic's Scope 2 emissions(Location-Based) fell by 43.55% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Bavarian Nordic use for Scope 2 reporting?
In 2024, Bavarian Nordic reported its Scope 2 emissions using the market-based method and using the location-based method.a
Bavarian Nordic's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Bavarian Nordic's Value Chain Emissions
In 2024, Bavarian Nordic reported 45,032 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Bavarian Nordic includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Bavarian Nordic's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Bavarian Nordic's Scope 3 emissions?
In 2024, Bavarian Nordic reported total Scope 3 emissions of 45,032 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Bavarian Nordic's Scope 3 emissions decreased by 48.25%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Bavarian Nordic disclose?
In 2024, Bavarian Nordic reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Bavarian Nordic's Scope 3 emissions?
In 2024, the largest contributors to Bavarian Nordic's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 26,111 tCOâ‚‚e(57.98%)
- Capital Goods (Cat. 2): 5,399 tCOâ‚‚e(11.99%)
- Upstream Transportation and Distribution (Cat. 4): 4,503 tCOâ‚‚e(10%)
Bavarian Nordic's Scope 3 Emissions by Categories
Insights into Bavarian Nordic’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Bavarian Nordic reported Scope 1 greenhouse gas (GHG) emissions of 4,111 tCOâ‚‚e and total revenues of USD 797 millions. This translates into an emissions intensity of 5.16 tCOâ‚‚e per millions USD.a
Bavarian Nordic's Scope 1 Emissions Intensity Compared to Peers
How does Bavarian Nordic's GHG emissions intensity compare to its peers?
In 2024, Bavarian Nordic reported a Scope 1 emissions intensity of 5.16 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.58, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Bavarian Nordic rank on GHG emissions intensity within its industry?
In 2024, Bavarian Nordic ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Bavarian Nordic is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Bavarian Nordic's Total Carbon Footprint
In 2024, Bavarian Nordic reported a total carbon footprint of 50,858 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 46.14% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Bavarian Nordic's total carbon footprint was Scope 3 emissions, accounting for 88.54% of the company's total carbon footprint, followed by Scope 1 emissions at 8.08%.a