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Insmed Inc
Insmed's GHG Emissions Data Preview
In 2024, Insmed 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).
Insmed has also provided a category-level breakdown for 7 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.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | 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.  a | 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.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
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aVerified Sources Behind Insmed’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 Insmed’s data sources below and access millions more through our Disclosure Search.
Insights into Insmed's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofInsmed amounted to3,701metric 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 Insmedincreased by 65.89%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Insmed's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Insmed's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Insmed were 1,666 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), Insmed's Scope 1 emissions increased by 50.23%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Insmed's Scope 2 emissions?
In 2024, Insmed reported Scope 2 greenhouse gas (GHG) emissions of 2,077 tCOâ‚‚e using the market-based method and 2,035 tCOâ‚‚e using the location-based method.a
What methodology does Insmed use for Scope 2 reporting?
In 2024, Insmed reported its Scope 2 emissions using the market-based method and using the location-based method.a
Insmed's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Insmed's Value Chain Emissions
In 2024, Insmed reported 66,779 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 Insmed includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Insmed's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Insmed's Scope 3 emissions?
In 2024, Insmed reported total Scope 3 emissions of 66,779 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
What categories of Scope 3 emissions does Insmed disclose?
In 2024, Insmed reported emissions for 7 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 Insmed's Scope 3 emissions?
In 2024, the largest contributors to Insmed's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 59,355 tCOâ‚‚e(88.88%)
- Business Travel (Cat. 6): 2,824 tCOâ‚‚e(4.23%)
- Employee Commuting (Cat. 7): 2,024 tCOâ‚‚e(3.03%)
Insmed's Scope 3 Emissions by Categories
Insights into Insmed’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Insmed reported Scope 1 greenhouse gas (GHG) emissions of 1,666 tCOâ‚‚e and total revenues of USD 364 millions. This translates into an emissions intensity of 4.58 tCOâ‚‚e per millions USD.a
Insmed's Scope 1 Emissions Intensity Compared to Peers
How does Insmed's GHG emissions intensity compare to its peers?
In 2024, Insmed reported a Scope 1 emissions intensity of 4.58 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.45, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Insmed rank on GHG emissions intensity within its industry?
In 2024, Insmed ranked 17 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Insmed among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Insmed's Total Carbon Footprint
In 2024, Insmed reported a total carbon footprint of 70,480 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3,059.12% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Insmed's total carbon footprint was Scope 3 emissions, accounting for 94.75% of the company's total carbon footprint, followed by Scope 2 emissions at 2.89%.a