Moderna
Moderna, Inc., commonly referred to as Moderna, is a pioneering biotechnology company headquartered in the United States. Founded in 2010, Moderna has rapidly established itself as a leader in the mRNA technology sector, focusing on the development of transformative medicines and vaccines. The company gained global recognition for its COVID-19 vaccine, which showcased the potential of mRNA technology in combating infectious diseases. With major operational regions across North America and Europe, Moderna's core products include vaccines and therapeutics targeting infectious diseases, autoimmune disorders, and cancer. The unique aspect of Moderna's approach lies in its innovative use of messenger RNA to instruct cells to produce proteins that can prevent or treat diseases. As a key player in the biotechnology industry, Moderna continues to push the boundaries of science, achieving significant milestones and contributing to public health advancements worldwide.
DitchCarbon Score
How does Moderna's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Pharmaceutical Preparation Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Moderna's score of 72 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Moderna's reported carbon emissions
In 2023, Moderna reported total carbon emissions of approximately 11,240,000 kg CO2e for Scope 1 and 4,310,000 kg CO2e for Scope 2. This reflects a slight decrease from 2022, where emissions were about 11,563,000 kg CO2e for Scope 1 and approximately 1,197,000 kg CO2e for Scope 2. Notably, in 2022, the company also disclosed Scope 3 emissions, which totalled approximately 86,041,000 kg CO2e from capital goods and various other categories. Moderna has set ambitious climate commitments, aiming for net-zero carbon emissions in Scopes 1 and 2 by 2030, with a long-term goal of achieving net-zero emissions across all scopes by 2045. The company has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 90% from a 2021 baseline by 2030. Additionally, it aims for 85% of its suppliers, covering purchased goods and services, capital goods, and upstream transportation and distribution, to have science-based targets by 2028. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to maintaining a minimum of 90% absolute reductions in Scopes 1 and 2 from 2030 through 2045, as well as a 90% reduction in absolute Scope 3 emissions by 2045.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 9,142,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 928,000 | 0,000,000 | 000,000 |
| Scope 3 | 489,508,000 | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Moderna is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
