Merck & Co Inc

Country
United States
Sector
Healthcare
Industry
Drug Manufacturers - General
Employees
73,000
Ticker
MRK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Merck & Co., Inc. is a prominent player in the global pharmaceutical industry. It is primarily focused on the research, development, production, and marketing of drugs and vaccines. Known for its stro...

Merck & Co Inc's Climate Target Data Preview

As of 2024, Merck & Co Inc 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 Merck & Co Inc ’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)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Merck & Co Inc's Greenhouse Gas Emissions Pathways

As of 2024, Merck & Co Inc has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Merck & Co Inc have a target to reduce the emissions from its operations?

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

Merck & Co Inc's most ambitious operational target is to reduce these emissions by 46% by 2030, compared to a baseline of 1,022,900 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Merck & Co Inc is lagging behind on its operational emissions reduction target, having achieved 25.57% of the planned reduction.

Merck & Co Inc's Operational (Scope 1+2) Emissions Pathway

2019202320300300 k600 k900 k1.2 MBaselineCurrent (-12%)Target 2030 (-46%)

Does Merck & Co Inc have a target to reduce the emissions from its value chain?

As of 2024, Merck & Co Inc has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

Merck & Co Inc's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 6,382,800 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

Instead of reducing value chain emissions, Merck & Co Inc has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.

Merck & Co Inc's Value Chain (Scope 3) Emissions Pathway

20192023203002 M4 M6 M8 MCurrent (+4%)Target 2030 (-30%)
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