"Merck & Co., a company based in the USA, has set a net zero target to achieve carbon neutrality for its scope 1 and 2 emissions by 2025. Net Zero Tracker Additionally, the company aims to reduce its operational greenhouse gas (GHG) emissions (scope 1 and 2) by 46% and scope 3 emissions by 30% by 2030, from a 2019 baseline. Net Zero Tracker An interesting fact about their environmental policy is that they have a publicly available plan detailing steps towards their target, including measures for all emission scopes covered by the target. Net Zero Tracker In addition, you …"
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.
Merck & Co. is a member of the Business Ambition for 1.5 campaign (link here )
Merck & Co., Inc., Kenilworth, NJ, U.S.A., which is known as MSD outside the U.S. and Canada commits to reduce absolute scope 1 and scope 2 GHG emissions 46% by 2030 from a 2019 base year*. Merck & Co., Inc., also commits to reduce absolute scope 3 GHG emissions 30% within the same timeframe. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks
Last update for Merck & Co by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits
Not Specified
Separate targets for emission reductions and removals
No
Conditions on use of offset credits
None
Plans for carbon dioxide removal (CDR)
Yes (unspecified)
Additional notes: We seek to achieve carbon neutrality in our operations with ongoing innovation to increase energy efficiency, applying sustainable building standards and continuing to transition away from fossil fuel use. Remaining Scope 1 emissions will be balanced each year by investing in high-quality carbon offsets, including carbon removal offsets. https://www.merck.com/wp-content/uploads/sites/124/2023/08/Merck-Impact-Report-22-23.pdf (page 101)
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
4.2
10.0
0.0
6
Emission reduction targets on a forward-looking basis are ambitious
Wikirate: Data from Wikirate.org.
Scope 1,
Scope 2 and
Scope 3
emissions metrics designed by Global Reporting Initiative
and contributed by the Wikirate community, adaptation by the Net0Tracker team, licensed under
CC BY 4.0. Wikirate-NV means non-verified
data sourced in Wikirate. See explanation here
Please refer to the library for viewing the supporting documentation
NET 0 Tracker
