Sandoz Group AG

Common Name
Sandoz Group
Country
Switzerland
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Employees
20,000
Ticker
SDZ
Exchange
SIX SWISS EXCHANGE
Description
Sandoz Group AG is a global leader in the pharmaceuticals industry, specializing in the development and manufacture of generic drugs and biosimilars. The company, part of the Novartis Group until its ...

Sandoz Group's GHG Emissions Data Preview

In 2024, Sandoz Group 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).

Sandoz Group 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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b
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0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Sandoz Group’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 Sandoz Group’s data sources below and access millions more through our Disclosure Search.

a. Sandoz Group's Integrated Report 2024
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b. Sandoz Group's Integrated Report 2023
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Insights into Sandoz Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Sandoz Group amounted to 212,400 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 Sandoz Group decreased by 1.42%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Sandoz Group's Scope 1 Emissions Over Time

2021202220232024025 k50 k75 k100 ktCO2e+6%+8%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Sandoz Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sandoz Group were 82,100 metric tons of CO₂ equivalent (tCO₂e). a

Has Sandoz Group reduced its Scope 1 emissions over time?

Since 2021, Sandoz Group's Scope 1 emissions have increased by 8.57%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Sandoz Group's Scope 1 emissions decreased by 4.76%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Sandoz Group's Scope 2 emissions?

In 2024, Sandoz Group reported Scope 2 greenhouse gas (GHG) emissions of 157,600 tCO₂e using the market-based method and 130,300 tCO₂e using the location-based method. a

Has Sandoz Group reduced its Scope 2 emissions over time?

Since 2021, Sandoz Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 17.76%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Sandoz Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Sandoz Group 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does Sandoz Group use for Scope 2 reporting?

In 2024, Sandoz Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Sandoz Group's Scope 2 Emissions Over Time

2021202220232024040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Sandoz Group's Value Chain Emissions

In 2024, Sandoz Group reported 1,748,800 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 Sandoz Group includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Sandoz Group's Scope 3 Emissions Over Time

202320240550 k1.1 M1.65 M2.2 MtCO2e-15%
  • Total Scope 3
  • Year-over-Year Change

What are Sandoz Group's Scope 3 emissions?

In 2024, Sandoz Group reported total Scope 3 emissions of 1,748,800 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 86.99% of these emissions originated from upstream activities such as purchased goods and capital goods, while 13.01% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Sandoz Group's Scope 3 emissions decreased by 14.76%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Sandoz Group disclose?

In 2024, Sandoz Group 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 Sandoz Group's Scope 3 emissions?

In 2024, the largest contributors to Sandoz Group's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 1,209,000 tCO₂e (69.13%)
  • Upstream Transportation and Distribution (Cat. 4): 165,800 tCO₂e (9.48%)
  • Use of Sold Products (Cat. 11): 155,600 tCO₂e (8.9%)

Sandoz Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(69.1%)UpstreamTransportation andDistribution(Cat. 4)(9.5%)Use of Sold Products(Cat. 11)(8.9%)

Insights into Sandoz Group's Total Carbon Footprint

In 2024, Sandoz Group reported a total carbon footprint of 1,961,200 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.5% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Sandoz Group's total carbon footprint was Scope 3 emissions, accounting for 89.17% of the company's total carbon footprint, followed by Scope 2 emissions at 6.64%. a

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