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 Type | Scope of Target | Unit | Target | Target Year |
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Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 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) | Copy restricted. Please purchase to unlock this data. | 2030 |
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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.
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.
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.