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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 GHG Emissions Data Preview

In 2024, Biogen 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).

Biogen has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Biogen’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 Biogen’s data sources below and access millions more through our Disclosure Search.

a. Biogen's Corporate Responsibility Report (CRR) 2024
a. Biogen's Corporate Responsibility Report (CRR) 2024
b. Biogen's Corporate Responsibility Report (CRR) 2021
b. Biogen's Corporate Responsibility Report (CRR) 2021
c. Biogen's ESG Data Spreadsheet 2020
c. Biogen's ESG Data Spreadsheet 2020

Insights into Biogen's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBiogen amounted to89,469metric 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 Biogenincreased by 1.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Biogen's Scope 1 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e-14%+10%+3%-12%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Biogen's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Biogen were 56,611 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Biogen reduced its Scope 1 emissions over time?

Since 2019, Biogen's Scope 1 emissions have decreased by 15.55%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Biogen's Scope 1 emissions decreased by 1.09%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Biogen's Scope 2 emissions?

In 2024, Biogen reported Scope 2 greenhouse gas (GHG) emissions of 507 tCOâ‚‚e using the market-based method and 32,858 tCOâ‚‚e using the location-based method.a

Has Biogen reduced its Scope 2 emissions over time?

Since 2019, Biogen's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 12.87%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Biogen's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Biogen's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Biogen use for Scope 2 reporting?

In 2024, Biogen reported its Scope 2 emissions using the market-based method and using the location-based method.a

Biogen's Scope 2 Emissions Over Time

20192020202120222023202409.5 k19 k28.5 k38 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Biogen's Value Chain Emissions

In 2024, Biogen reported 267,059 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 Biogen includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,up from 8 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Biogen's Scope 3 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e-18%+16%+7%-30%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Biogen's Scope 3 emissions?

In 2024, Biogen reported total Scope 3 emissions of 267,059 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 98.36%of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.64%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Biogen reduced its Scope 3 emissions over time?

Since 2019, Biogen's Scope 3 emissionshave decreased by 37.1%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Biogen's Scope 3 emissions decreased by 12.18%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Biogen disclose?

In 2024, Biogen reported emissions for 9 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 Biogen's Scope 3 emissions?

In 2024, the largest contributors to Biogen's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 184,441 tCOâ‚‚e(69.06%)
  • Capital Goods (Cat. 2): 27,953 tCOâ‚‚e(10.47%)
  • Business Travel (Cat. 6): 18,067 tCOâ‚‚e(6.77%)

Biogen's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(10.5%)Purchased Goods andServices (Cat. 1)(69.1%)Business Travel(Cat. 6)(6.8%)

Insights into Biogen’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Biogen reported Scope 1 greenhouse gas (GHG) emissions of 56,611 tCOâ‚‚e and total revenues of USD 9,676 millions. This translates into an emissions intensity of 5.85 tCOâ‚‚e per millions USD.a

Biogen's Scope 1 Emissions Intensity Compared to Peers

1,0005,00050,000500,0002,000,000Scope 1 Emissions (tCO2e)5002,00020,000100,000500,000Revenues (Millions of USD)IncyteYear: 2024Scope 1: 9,576 tCO2eRevenue: $M 4,241Scope 1 Intensity: 2.26 tCO2e/$MResmedYear: 2025Scope 1: 3,957 tCO2eRevenue: $M 5,146Scope 1 Intensity: 0.77 tCO2e/$MAptargroupYear: 2024Scope 1: 24,805 tCO2eRevenue: $M 3,583Scope 1 Intensity: 6.92 tCO2e/$MEli Lilly and CoYear: 2024Scope 1: 192,000 tCO2eRevenue: $M 45,043Scope 1 Intensity: 4.26 tCO2e/$MBristol-Myers SquibbYear: 2024Scope 1: 206,726 tCO2eRevenue: $M 48,300Scope 1 Intensity: 4.28 tCO2e/$MJohnson & JohnsonYear: 2024Scope 1: 314,690 tCO2eRevenue: $M 88,820Scope 1 Intensity: 3.54 tCO2e/$MAvantorYear: 2024Scope 1: 39,502 tCO2eRevenue: $M 6,784Scope 1 Intensity: 5.82 tCO2e/$MWalgreens Boots AllianceYear: 2024Scope 1: 284,000 tCO2eRevenue: $M 147,655Scope 1 Intensity: 1.92 tCO2e/$MEdwards LifesciencesYear: 2024Scope 1: 15,682 tCO2eRevenue: $M 5,439Scope 1 Intensity: 2.88 tCO2e/$MWest Pharmaceutical ServicesYear: 2024Scope 1: 31,327 tCO2eRevenue: $M 2,893Scope 1 Intensity: 10.83 tCO2e/$MGilead SciencesYear: 2024Scope 1: 53,856 tCO2eRevenue: $M 28,754Scope 1 Intensity: 1.87 tCO2e/$MCooper CompaniesYear: 2024Scope 1: 58,155 tCO2eRevenue: $M 3,895Scope 1 Intensity: 14.93 tCO2e/$MMettler-Toledo InternationalYear: 2024Scope 1: 27,797 tCO2eRevenue: $M 3,872Scope 1 Intensity: 7.18 tCO2e/$MHenry ScheinYear: 2024Scope 1: 33,555 tCO2eRevenue: $M 12,673Scope 1 Intensity: 2.65 tCO2e/$MBaxter InternationalYear: 2024Scope 1: 324,000 tCO2eRevenue: $M 10,636Scope 1 Intensity: 30.46 tCO2e/$MGE Healthcare TechnologiesYear: 2024Scope 1: 104,974 tCO2eRevenue: $M 19,672Scope 1 Intensity: 5.34 tCO2e/$MPfizerYear: 2024Scope 1: 613,218 tCO2eRevenue: $M 63,627Scope 1 Intensity: 9.64 tCO2e/$MQuest DiagnosticsYear: 2024Scope 1: 111,724 tCO2eRevenue: $M 9,872Scope 1 Intensity: 11.32 tCO2e/$MViatrisYear: 2024Scope 1: 95,438 tCO2eRevenue: $M 14,739Scope 1 Intensity: 6.48 tCO2e/$MAmgenYear: 2024Scope 1: 147,000 tCO2eRevenue: $M 33,424Scope 1 Intensity: 4.40 tCO2e/$MOrganon & CoYear: 2024Scope 1: 34,200 tCO2eRevenue: $M 6,403Scope 1 Intensity: 5.34 tCO2e/$MAbbVieYear: 2024Scope 1: 300,072 tCO2eRevenue: $M 56,334Scope 1 Intensity: 5.33 tCO2e/$MMerck & Co IncYear: 2024Scope 1: 721,200 tCO2eRevenue: $M 64,168Scope 1 Intensity: 11.24 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MBoston ScientificYear: 2024Scope 1: 87,567 tCO2eRevenue: $M 16,747Scope 1 Intensity: 5.23 tCO2e/$MBiogenYear: 2024Scope 1: 56,611 tCO2eRevenue: $M 9,676Scope 1 Intensity: 5.85 tCO2e/$M

How does Biogen's GHG emissions intensity compare to its peers?

In 2024, Biogen reported a Scope 1 emissions intensity of 5.85 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.33, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Biogen rank on GHG emissions intensity within its industry?

In 2024, Biogen ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Biogen is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Biogen's Total Carbon Footprint

In 2024, Biogen reported a total carbon footprint of 356,528 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.14% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Biogen's total carbon footprint was Scope 3 emissions, accounting for 74.91% of the company's total carbon footprint, followed by Scope 1 emissions at 15.88%.a

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