As of 2024, Pfizer has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 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 Pfizer ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
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Absolute-based Target | Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2025 |
Absolute-based Target | Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2040 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2040 |
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As of 2024, Pfizer 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.
As of 2024, Pfizer has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Pfizer's most ambitious operational target is to reduce these emissions by 95% by 2040, compared to a baseline of 1,266,345 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2024, Pfizer is lagging behind on its operational emissions reduction target, having achieved 15.63% of the planned reduction.
As of 2024, Pfizer 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.
Pfizer's most ambitious value chain target is to reduce these emissions by 25% by 2025, compared to a baseline of 421,399 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
Pfizer has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2025 value, achieving its climate goal ahead of schedule.