- Physical risks from extreme weather events (storms, wildfires), drought, extreme heat, and flooding.
- Transition risks related to cross-border carbon taxing on supply chain emissions and increased cost/decreased availability of key agricultural products.
- Regulatory compliance with evolving climate-related legislation (EU CSRD, IFRS S1 & S2).
Bristol Myers Squibb
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Bristol Myers Squibb disclosed greenhouse gas emissions of 2.1M tCO2e/year (2023). By scope: Scope 1: 208.5K tCO2e/year (2023); Scope 2: 158.4K tCO2e/year (2023); Scope 3: 1.8M tCO2e/year (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
2.1M tCO2e/year (2023)
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 208.5K tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 158.4K tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.8M tCO2e/year (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 2.1M tCO2e/year (2023) |
| 2023 | 2.1M tCO2e/year |
| 2021 | 2.3M tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 GHG emissions by -1.6% and -2.1% respectively in 2023 from 2022.
- Reduced Scope 3 GHG emissions from FERA by -1.0% in 2023 from 2022.
- Achieved a 7.6% reduction in facility GHG emissions at the Aichi plant through initiatives like electric boilers and heat pumps.
- Secured SBTi approval for near-term and net-zero targets.
- Signed two VPPAs to procure renewable electricity, aiming for 100% renewable electricity in US operations by 2030.
- Installed PV arrays at multiple locations, generating nearly 2 MW of energy.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scopes 1 and 2 GHG emissions and Scope 3 GHG emissions (from fuel and energy-related activities) 54.6% by 2033.
- Engage 75% of suppliers, by emissions, in their development of science-based targets by 2028.
- 100% purchased electricity from renewables by 2030.
🔭 Long-term
- Reach net-zero greenhouse gas (GHG) emissions across our value chain by 2050.
🌱 ESG Focus Areas
Climate Change