In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Bavarian Nordic amounted to 7,402 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Bavarian Nordic increased by 168.87%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2023, the total Scope 1 emissions of Bavarian Nordic were 4,364 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Bavarian Nordic's Scope 1 emissions have increased by 352.7%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Bavarian Nordic's Scope 1 emissions increased by 147.25%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, Bavarian Nordic reported Scope 2 greenhouse gas (GHG) emissions of 6,318 tCO₂e using the market-based method and 3,038 tCO₂e using the location-based method. a
In 2023, Bavarian Nordic reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, Bavarian Nordic reported 87,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Bavarian Nordic includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2023, Bavarian Nordic reported total Scope 3 emissions of 87,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 99.99% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.01% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Bavarian Nordic's Scope 3 emissions increased by 12.26%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2023, 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.
In 2023, the largest contributors to Bavarian Nordic's Scope 3 emissions were: a
In 2023, Bavarian Nordic reported Scope 1 greenhouse gas (GHG) emissions of 4,364 tCO₂e and total revenues of USD 1,046 millions. This translates into an emissions intensity of 4.17 tCO₂e per millions USD. a
In 2023, Bavarian Nordic reported a Scope 1 emissions intensity of 4.17 tCO₂e per millions USD. Compared to the peer group median of 3.67 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, Bavarian Nordic ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
In 2023, Bavarian Nordic reported a total carbon footprint of 94,402 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.63% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Bavarian Nordic's total carbon footprint was Scope 3 emissions, accounting for 92.16% of the company's total carbon footprint, followed by Scope 1 emissions at 4.62%. a