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Schrodinger Inc
Schrodinger's GHG Emissions Data Preview
In 2024, Schrodinger 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).
Schrodinger has also provided a category-level breakdown for 5 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
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bVerified Sources Behind Schrodinger’s Greenhouse Gas (GHG) Emissions Data
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Insights into Schrodinger's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofSchrodinger amounted to1,734metric 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 Schrodingerincreased by 50.78%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Schrodinger's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Schrodinger's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Schrodinger were 446 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), Schrodinger's Scope 1 emissions increased by 79.12%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Schrodinger's Scope 2 emissions?
In 2024, Schrodinger reported Scope 2 greenhouse gas (GHG) emissions of 1,144 tCOâ‚‚e using the market-based method and 1,288 tCOâ‚‚e using the location-based method.a
Has Schrodinger reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Schrodinger's Scope 2 emissions(Location-Based) rose by 42.95% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does Schrodinger use for Scope 2 reporting?
In 2024, Schrodinger reported its Scope 2 emissions using the market-based method and using the location-based method.a
Schrodinger's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Schrodinger's Value Chain Emissions
In 2024, Schrodinger reported 20,576 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Schrodinger includes a breakdown across 5of 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
Schrodinger's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Schrodinger's Scope 3 emissions?
In 2024, Schrodinger reported total Scope 3 emissions of 20,576 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 15.52%of these emissions originated from upstream activities such as purchased goods and capital goods, while 84.48%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Schrodinger's Scope 3 emissions decreased by 34.54%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
What categories of Scope 3 emissions does Schrodinger disclose?
In 2024, Schrodinger reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Schrodinger's Scope 3 emissions?
In 2024, the largest contributors to Schrodinger's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 12,075 tCOâ‚‚e(84.48%)
- Business Travel (Cat. 6): 1,323 tCOâ‚‚e(9.26%)
- Fuel- and Energy-Related Services (Cat. 3): 433 tCOâ‚‚e(3.03%)
Schrodinger's Scope 3 Emissions by Categories
Insights into Schrodinger’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Schrodinger reported Scope 1 greenhouse gas (GHG) emissions of 446 tCOâ‚‚e and total revenues of USD 208 millions. This translates into an emissions intensity of 2.15 tCOâ‚‚e per millions USD.a
Schrodinger's Scope 1 Emissions Intensity Compared to Peers
How does Schrodinger's GHG emissions intensity compare to its peers?
In 2024, Schrodinger reported a Scope 1 emissions intensity of 2.15 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.07, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Schrodinger rank on GHG emissions intensity within its industry?
In 2024, Schrodinger ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Schrodinger is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Schrodinger's Total Carbon Footprint
In 2024, Schrodinger reported a total carbon footprint of 22,310 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 31.52% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Schrodinger's total carbon footprint was Scope 3 emissions, accounting for 92.23% of the company's total carbon footprint, followed by Scope 2 emissions at 5.77%.a