Moderna Inc
Moderna's GHG Emissions Data Preview
In 2024, Moderna 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).
Moderna 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 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
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aVerified Sources Behind Moderna’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 Moderna’s data sources below and access millions more through our Disclosure Search.
Insights into Moderna's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Moderna amounted to 30,883 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 Moderna increased by 35.77%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Moderna's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Moderna's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Moderna were 13,180 metric tons of CO₂ equivalent (tCO₂e).a
Has Moderna reduced its Scope 1 emissions over time?
Since 2021, Moderna's Scope 1 emissions have increased by 44.17%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Moderna's Scope 1 emissions increased by 17.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Moderna's Scope 2 emissions?
In 2024, Moderna reported Scope 2 greenhouse gas (GHG) emissions of 51 tCO₂e using the market-based method and 17,703 tCO₂e using the location-based method.a
Has Moderna reduced its Scope 2 emissions over time?
Since 2021, Moderna's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 118.04%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Moderna's Scope 2 emissions (Location-Based) rose by 53.86% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Moderna use for Scope 2 reporting?
In 2024, Moderna reported its Scope 2 emissions using the market-based method and using the location-based method.a
Moderna's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Moderna's Value Chain Emissions
In 2024, Moderna reported 714,380 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 Moderna 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
Moderna's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Moderna's Scope 3 emissions?
In 2024, Moderna reported total Scope 3 emissions of 714,380 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 Moderna reduced its Scope 3 emissions over time?
Since 2021, Moderna's Scope 3 emissions have increased by 45.7%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Moderna's Scope 3 emissions decreased by 46.76%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Moderna disclose?
In 2024, Moderna 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 Moderna's Scope 3 emissions?
In 2024, the largest contributors to Moderna's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 561,984 tCO₂e (78.67%)
- Capital Goods (Cat. 2): 93,389 tCO₂e (13.07%)
- Upstream Transportation and Distribution (Cat. 4): 28,767 tCO₂e (4.03%)
Moderna's Scope 3 Emissions by Categories
Insights into Moderna’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Moderna reported Scope 1 greenhouse gas (GHG) emissions of 13,180 tCO₂e and total revenues of USD 3,199 millions. This translates into an emissions intensity of 4.12 tCO₂e per millions USD.a
Moderna's Scope 1 Emissions Intensity Compared to Peers
How does Moderna's GHG emissions intensity compare to its peers?
In 2024, Moderna reported a Scope 1 emissions intensity of 4.12 tCO₂e per millions USD. Compared to the peer group median of 2.26, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Moderna rank on GHG emissions intensity within its industry?
In 2024, Moderna ranked 16 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Moderna is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Moderna's Total Carbon Footprint
In 2024, Moderna reported a total carbon footprint of 745,263 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 45.38% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Moderna's total carbon footprint was Scope 3 emissions, accounting for 95.86% of the company's total carbon footprint, followed by Scope 2 emissions at 2.38%.a