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 GHG Emissions Data Preview

In 2023, Merck & Co Inc 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).

Merck & Co Inc has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Merck & Co Inc’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 Merck & Co Inc’s data sources below and access millions more through our Disclosure Search.

a. Merck & Co Inc's Impact Report 2024
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b. Merck & Co Inc's Impact Report 2023
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Insights into Merck & Co Inc's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Merck & Co Inc amounted to 1,075,300 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Merck & Co Inc increased by 0.03%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Merck & Co Inc's Scope 1 Emissions Over Time

2018201920202021202220230200 k400 k600 k800 ktCO2e-5%-3%-3%+5%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Merck & Co Inc's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Merck & Co Inc were 718,400 metric tons of CO₂ equivalent (tCO₂e). a

Has Merck & Co Inc reduced its Scope 1 emissions over time?

Since 2018, Merck & Co Inc's Scope 1 emissions have decreased by 6.6%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Merck & Co Inc's Scope 1 emissions remained relatively stable, indicating that Merck & Co Inc's emissions have plateaued with no significant change in its operational footprint. a

What are Merck & Co Inc's Scope 2 emissions?

In 2023, Merck & Co Inc reported Scope 2 greenhouse gas (GHG) emissions of 184,200 tCO₂e using the market-based method and 356,900 tCO₂e using the location-based method. a

Has Merck & Co Inc reduced its Scope 2 emissions over time?

Since 2018, Merck & Co Inc's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 11.31%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Merck & Co Inc's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Merck & Co Inc 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Merck & Co Inc use for Scope 2 reporting?

In 2023, Merck & Co Inc reported its Scope 2 emissions using the market-based method and using the location-based method. a

Merck & Co Inc's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Merck & Co Inc's Value Chain Emissions

In 2023, Merck & Co Inc reported 6,625,100 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Merck & Co Inc includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Merck & Co Inc's Scope 3 Emissions Over Time

20182019202020212022202302 M4 M6 M8 MtCO2e+13%+1%+7%-2%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Merck & Co Inc's Scope 3 emissions?

In 2023, Merck & Co Inc reported total Scope 3 emissions of 6,625,100 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.84% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.16% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Merck & Co Inc reduced its Scope 3 emissions over time?

Since 2018, Merck & Co Inc's Scope 3 emissions have increased by 16.88%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Merck & Co Inc's Scope 3 emissions remained relatively stable, indicating that Merck & Co Inc 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Merck & Co Inc disclose?

In 2023, Merck & Co Inc reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Merck & Co Inc's Scope 3 emissions?

In 2023, the largest contributors to Merck & Co Inc's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 5,107,100 tCO₂e (77.09%)
  • Business Travel (Cat. 6): 420,800 tCO₂e (6.35%)
  • Capital Goods (Cat. 2): 373,100 tCO₂e (5.63%)

Merck & Co Inc's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(6.4%)Purchased Goods andServices (Cat. 1)(77.1%)Capital Goods(Cat. 2)(5.6%)

Insights into Merck & Co Inc's Total Carbon Footprint

In 2023, Merck & Co Inc reported a total carbon footprint of 7,700,400 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.11% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Merck & Co Inc's total carbon footprint was Scope 3 emissions, accounting for 86.04% of the company's total carbon footprint, followed by Scope 1 emissions at 9.33%. a

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