Novartis AG

Common Name
Novartis
Country
Switzerland
Sector
Healthcare
Industry
Drug Manufacturers - General
Employees
103,000
Ticker
NOVN
Exchange
SIX SWISS EXCHANGE
Description
Novartis AG is a global healthcare company that operates in the pharmaceuticals and biotechnology sectors. Its primary function is to research, develop, and manufacture healthcare products, with a foc...

Novartis's Climate Target Data Preview

As of 2024, Novartis has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 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 Novartis ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2040
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Verified Sources Behind Novartis’s Climate Targets 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 Novartis’s data sources below and access millions more through our Disclosure Search.

a. Novartis's Carbon Reduction Plan 2024
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b. Novartis's Integrated Report 2024
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Insights into Novartis's Greenhouse Gas Emissions Pathways

As of 2024, Novartis 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. a b

Does Novartis have a target to reduce the emissions from its operations?

As of 2024, Novartis has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

Novartis's most ambitious operational target is to reduce these emissions by 90% by 2030, compared to a baseline of 365,336 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a b

As of 2024, Novartis is ahead of schedule on its operational emissions reduction target, having achieved 40.3% of the planned reduction. a b

Novartis's Operational (Scope 1+2) Emissions Pathway

202220242030095 k190 k285 k380 kBaselineCurrent (-36%)Target 2030 (-90%)

Does Novartis have a target to reduce the emissions from its value chain?

As of 2024, Novartis has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a b

Novartis's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 4,829,157 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a b

As of 2024, Novartis is ahead of schedule on its value chain emissions reduction target, having achieved 31.83% of the planned reduction. a b

Novartis's Value Chain (Scope 3) Emissions Pathway

20222024203001.5 M3 M4.5 M6 MBaselineCurrent (-13%)Target 2030 (-42%)

Does Novartis have a target to reduce its total carbon footprint?

As of 2024, Novartis has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a b

Novartis's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 5,237,736 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022, by 90% by 2040. a b

As of 2024, Novartis is ahead of schedule on its total carbon footprint reduction target, having achieved 16.62% of the planned reduction. a b

Novartis's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20222024204001.5 M3 M4.5 M6 MBaselineCurrent (-15%)Target 2040 (-90%)
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