Biogen Inc

Common Name
Biogen
Country
United States
Sector
Healthcare
Industry
Drug Manufacturers - General
Employees
7,605
Ticker
BIIB
Exchange
NASDAQ/NGS
Description
Biogen Inc. is a globally recognized biotechnology company committed to discovering, developing, and delivering innovative therapies for neurological diseases. With a focus on serious medical conditio...

Biogen's Climate Target Data Preview

As of 2024, Biogen has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Biogen ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2032
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
b, a
2040
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Verified Sources Behind Biogen’s Climate Targets 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 Biogen’s data sources below and access millions more through our Disclosure Search.

a. Biogen's Carbon Reduction Plan 2024
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b. Biogen's ESG Report 2022
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Insights into Biogen's Greenhouse Gas Emissions Pathways

As of 2024, Biogen has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a b

Does Biogen have a target to reduce the emissions from its operations?

As of 2024, Biogen has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

Biogen's most ambitious operational target is to reduce these emissions by 100% by 2040, compared to a baseline of 67,162 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a b

As of 2023, Biogen is ahead of schedule on its operational emissions reduction target, having achieved 79.32% of the planned reduction. a b

Biogen's Operational (Scope 1+2) Emissions Pathway

2019202320322040020 k40 k60 k80 kBaselineCurrent (-79%)Target 2032 (-55%)Target 2040 (-100%)
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