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 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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
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 2025
a. Merck & Co Inc's Impact Report 2025
b. Merck & Co Inc's Impact Report 2023
b. Merck & Co Inc's Impact Report 2023

Insights into Merck & Co Inc's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Merck & Co Inc amounted to 1,045,000 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 2023, the total operational greenhouse gas (GHG) emissions of Merck & Co Inc decreased 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

20182019202020212022202320240200 k400 k600 k800 ktCO2e-3%-1%-4%+5%-1%-1%
  • 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 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 6.24%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

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 tCO₂e using the market-based method and 323,800 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 19.53%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

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

20182019202020212022202320240150 k300 k450 k600 ktCO2e
  • 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 CO₂ equivalent (tCO₂e) 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 11 of 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

201820192020202120222023202402 M4 M6 M8 MtCO2e+14%-4%+1%-4%-2%+3%
  • 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 CO₂ equivalent (tCO₂e). 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 2018, Merck & Co Inc's Scope 3 emissions have remained relatively stable, indicating that Merck & Co Inc 's emissions have plateaued with no significant change in its value chain footprint. a b

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 tCO₂e (78.3%)
  • Upstream Transportation and Distribution (Cat. 4): 423,700 tCO₂e (6.99%)
  • Capital Goods (Cat. 2): 281,700 tCO₂e (4.65%)

Merck & Co Inc's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(7.0%)Capital Goods(Cat. 2)(4.7%)Purchased Goods andServices (Cat. 1)(78.3%)

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 tCO₂e and total revenues of USD 64,168 millions. This translates into an emissions intensity of 11.24 tCO₂e per millions USD. a

Merck & Co Inc's Scope 1 Emissions Intensity Compared to Peers

5005,00050,000200,0002,000,000Scope 1 Emissions (tCO2e)5002,00010,000100,000500,000Revenues (Millions of USD)IMolina HealthcareYear: 2024Scope 1: 6,890 tCO2eRevenue: $M 40,646Scope 1 Intensity: 0.17 tCO2e/$MAbbott LaboratoriesYear: 2024Scope 1: 502,000 tCO2eRevenue: $M 41,950Scope 1 Intensity: 11.97 tCO2e/$MEli Lilly and CoYear: 2024Scope 1: 192,000 tCO2eRevenue: $M 45,043Scope 1 Intensity: 4.26 tCO2e/$MBristol-Myers SquibbYear: 2024Scope 1: 206,726 tCO2eRevenue: $M 48,300Scope 1 Intensity: 4.28 tCO2e/$MJohnson & JohnsonYear: 2024Scope 1: 314,690 tCO2eRevenue: $M 88,820Scope 1 Intensity: 3.54 tCO2e/$MDanaherYear: 2024Scope 1: 109,046 tCO2eRevenue: $M 23,875Scope 1 Intensity: 4.57 tCO2e/$MGilead SciencesYear: 2024Scope 1: 53,856 tCO2eRevenue: $M 28,754Scope 1 Intensity: 1.87 tCO2e/$MBiogenYear: 2024Scope 1: 56,611 tCO2eRevenue: $M 9,676Scope 1 Intensity: 5.85 tCO2e/$MPfizerYear: 2024Scope 1: 613,218 tCO2eRevenue: $M 63,627Scope 1 Intensity: 9.64 tCO2e/$MAmgenYear: 2024Scope 1: 147,000 tCO2eRevenue: $M 33,424Scope 1 Intensity: 4.40 tCO2e/$MOrganon & CoYear: 2024Scope 1: 34,200 tCO2eRevenue: $M 6,403Scope 1 Intensity: 5.34 tCO2e/$MAbbVieYear: 2024Scope 1: 300,072 tCO2eRevenue: $M 56,334Scope 1 Intensity: 5.33 tCO2e/$MStrykerYear: 2023Scope 1: 54,854 tCO2eRevenue: $M 20,498Scope 1 Intensity: 2.68 tCO2e/$MThermo Fisher ScientificYear: 2024Scope 1: 315,843 tCO2eRevenue: $M 42,879Scope 1 Intensity: 7.37 tCO2e/$MIIIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MDexcomYear: 2023Scope 1: 5,383 tCO2eRevenue: $M 3,622Scope 1 Intensity: 1.49 tCO2e/$MBoston ScientificYear: 2024Scope 1: 87,567 tCO2eRevenue: $M 16,747Scope 1 Intensity: 5.23 tCO2e/$MQuidelOrthoYear: 2023Scope 1: 22,544 tCO2eRevenue: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MElevance HealthYear: 2024Scope 1: 14,390 tCO2eRevenue: $M 176,781Scope 1 Intensity: 0.08 tCO2e/$MEnvista HoldingsYear: 2024Scope 1: 3,000 tCO2eRevenue: $M 2,511Scope 1 Intensity: 1.19 tCO2e/$MBioMarin PharmaceuticalYear: 2022Scope 1: 14,000 tCO2eRevenue: $M 2,096Scope 1 Intensity: 6.68 tCO2e/$MIntuitive SurgicalYear: 2024Scope 1: 8,105 tCO2eRevenue: $M 8,352Scope 1 Intensity: 0.97 tCO2e/$MMerck & Co IncYear: 2024Scope 1: 721,200 tCO2eRevenue: $M 64,168Scope 1 Intensity: 11.24 tCO2e/$M

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 tCO₂e per millions USD. Compared to the peer group median of 4.48 , 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 22 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 CO₂ equivalent (tCO₂e) 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

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