Vertex Pharmaceuticals Inc

Common Name
Vertex Pharmaceuticals
Country
United States
Sector
Healthcare
Industry
Biotechnology
Employees
6,100
Ticker
VRTX
Exchange
NASDAQ/NGS
Description
Vertex Pharmaceuticals Inc. is a leading biotechnology company focused on the discovery, development, and commercialization of innovative therapies for serious diseases. Primarily, Vertex is known for...

Vertex Pharmaceuticals's Climate Target Data Preview

As of 2023, Vertex Pharmaceuticals has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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 Vertex Pharmaceuticals ’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
2032
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Verified Sources Behind Vertex Pharmaceuticals’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 Vertex Pharmaceuticals’s data sources below and access millions more through our Disclosure Search.

a. Vertex Pharmaceuticals's Corporate Responsibility Report (CRR) 2023
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Insights into Vertex Pharmaceuticals's Greenhouse Gas Emissions Pathways

As of 2023, Vertex Pharmaceuticals has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

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

As of 2023, Vertex Pharmaceuticals has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Vertex Pharmaceuticals's most ambitious operational target is to reduce these emissions by 42% by 2032, compared to a baseline of 13,009 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

As of 2023, Vertex Pharmaceuticals is on track to meet its operational emissions reduction target, having achieved 8.26% of the planned reduction. a

Vertex Pharmaceuticals's Operational (Scope 1+2) Emissions Pathway

20222023203203.5 k7 k10.5 k14 kCurrent (-3%)Target 2032 (-42%)
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