"Amgen Inc., a company based in the USA, has set a net zero target of achieving 100% carbon neutrality across Scope 1 and Scope 2 emissions by 2027. Net Zero Tracker The company has not specified what gases are covered by its target. Net Zero Tracker An interesting aspect of their environmental policy is that for operations where carbon emissions cannot be eliminated, Amgen supports additional projects that sequester or avoid greenhouse gas emissions. Net Zero Tracker However, they had not purchased credits in 2019, according to their 2020 CDP report. Net Zero Tracker In addition, you can check out …"
Carbon emissions are estimated according to comparable years, intensity and sector
benchmarks
Performance vs. Target
Note: Targets without baseline are ignored. In case several targets
exist, only the shorter-term target is
displayed.
Value Chain (scope 3) Emissions by Category
Emissions Trajectory (Full Scopes)
Please refer to the library for viewing the supporting documentation
Sector Benchmark
Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG
emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1
million USD revenue).
Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary
business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer
Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and
Materials.
Amgen commits to reduce absolute scope 1 and 2 GHG emissions 55% by 2027 from a 2019 base year. Amgen also commits to increase annual sourcing of renewable electricity from 29% in 2019 to 100% by 2027, to continue annually sourcing of 100% renewable electricity through 2030. Amgen further commits that 73% of its suppliers by spend covering upstream purchased goods and services and capital goods will have science- based targets by 2027.
Separate targets for emission reductions and removals
No
Conditions on use of offset credits
None
Plans for carbon dioxide removal (CDR)
Not Specified
Additional notes: “For operations in which carbon emissions cannot be eliminated, Amgen supports additional environmental and sustainability projects that sequester or avoid greenhouse gas emissions” https://www.amgen.com/responsibility/environmental-sustainability/performance/targets
Had not purchased credits in 2019 (according to 2020 cdp report)
Score Summary
Ref
Principle
Score
(points)
Max
(points)
Delta
(points)
1
At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified
10.0
10.0
0.0
2
Scope 3 emissions are fully reported and externally-verified
7.5
10.0
0.0
3
CDP score demonstrates the level of transparent disclosures
8.0
10.0
0.0
Transparency
25.5
30.0
0.0
4
Net Zero Commitments by 2050 include an intermediate target and cover all the emissions
6.0
10.0
0.0
5
Net Zero targets demonstrate a high-level of emergency
3.8
10.0
0.0
6
Emission reduction targets on a forward-looking basis are ambitious
NET 0 Tracker
