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Merck & Co Inc
Merck & Co Inc's GHG Emissions Data Preview
In 2024, 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 11 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Merck & Co Inc’s Greenhouse Gas (GHG) Emissions Data
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Insights into Merck & Co Inc's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofMerck & Co Inc amounted to1,045,000metric 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 Merck & Co Incdecreased by 2.52%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Merck & Co Inc's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Merck & Co Inc's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Merck & Co Inc were 721,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Merck & Co Inc reduced its Scope 1 emissions over time?
Since 2019, Merck & Co Inc's Scope 1 emissions have decreased by 3.44%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Merck & Co Inc's Scope 1 emissions decreased by 1.42%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Merck & Co Inc's Scope 2 emissions?
In 2024, Merck & Co Inc reported Scope 2 greenhouse gas (GHG) emissions of 163,000 tCOâ‚‚e using the market-based method and 323,800 tCOâ‚‚e using the location-based method.a
Has Merck & Co Inc reduced its Scope 2 emissions over time?
Since 2019, Merck & Co Inc's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 13.75%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), 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 2024, 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
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Merck & Co Inc's Value Chain Emissions
In 2024, Merck & Co Inc reported 6,057,900 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 Merck & Co Inc includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Merck & Co Inc's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Merck & Co Inc's Scope 3 emissions?
In 2024, Merck & Co Inc reported total Scope 3 emissions of 6,057,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 99.5%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.5%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 2019, Merck & Co Inc's Scope 3 emissionshave remained relatively stable, indicating that Merck & Co Inc's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), 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 2024, Merck & Co Inc reported emissions for 11 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 2024, the largest contributors to Merck & Co Inc's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 4,743,200 tCOâ‚‚e(78.3%)
- Upstream Transportation and Distribution (Cat. 4): 423,700 tCOâ‚‚e(6.99%)
- Capital Goods (Cat. 2): 281,700 tCOâ‚‚e(4.65%)
Merck & Co Inc's Scope 3 Emissions by Categories
Insights into Merck & Co Inc’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Merck & Co Inc reported Scope 1 greenhouse gas (GHG) emissions of 721,200 tCOâ‚‚e and total revenues of USD 64,168 millions. This translates into an emissions intensity of 11.24 tCOâ‚‚e per millions USD.a
Merck & Co Inc's Scope 1 Emissions Intensity Compared to Peers
How does Merck & Co Inc's GHG emissions intensity compare to its peers?
In 2024, Merck & Co Inc reported a Scope 1 emissions intensity of 11.24 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.28, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Merck & Co Inc rank on GHG emissions intensity within its industry?
In 2024, Merck & Co Inc ranked 23 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Merck & Co Inc among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Merck & Co Inc's Total Carbon Footprint
In 2024, Merck & Co Inc reported a total carbon footprint of 7,102,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.41% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Merck & Co Inc's total carbon footprint was Scope 3 emissions, accounting for 85.29% of the company's total carbon footprint, followed by Scope 1 emissions at 10.15%.a