Sandoz, a division of Novartis, is a global leader in the pharmaceutical industry, headquartered in Switzerland (CH). Founded in 1886, Sandoz has established itself as a pioneer in generic and biosimilar medicines, focusing on high-quality, affordable healthcare solutions. With a strong presence in Europe, North America, and emerging markets, the company is dedicated to improving patient access to essential medications. Sandoz's core offerings include a diverse range of generic pharmaceuticals, biosimilars, and over-the-counter products, distinguished by their rigorous quality standards and innovative approaches. The company has achieved significant milestones, including the launch of several groundbreaking biosimilars, solidifying its position as a trusted partner in the healthcare sector. With a commitment to sustainability and patient-centric solutions, Sandoz continues to shape the future of medicine.
How does Sandoz'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.
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.
Sandoz's score of 74 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Sandoz reported total carbon emissions of approximately 1,740,000,000 kg CO2e, with emissions distributed across various scopes: 82,100,000 kg CO2e (Scope 1), 157,600,000 kg CO2e (Scope 2), and 1,748,800,000 kg CO2e (Scope 3). The previous year, 2023, saw total emissions of about 2,052,000,000 kg CO2e, indicating a reduction in emissions from 2023 to 2024. Sandoz has set ambitious climate commitments, aiming to reduce Scope 1 emissions by 30% from a 2020 baseline by 2030. Additionally, they plan to achieve near-zero Scope 1 and Scope 2 emissions by 2025. For Scope 2, they also target a 30% reduction from the same 2020 baseline by 2030. Furthermore, Sandoz has committed to reaching net-zero emissions across all scopes by 2050. The emissions data and reduction targets are sourced from Sandoz Group AG, with no cascaded data from a parent organization. Sandoz's initiatives reflect a strong commitment to sustainability within the pharmaceuticals sector, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 75,620,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 158,430,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 |
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.
Sandoz 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.