Bavarian Nordic
Bavarian Nordic A/S, a leading biotechnology company headquartered in Denmark (DK), is renowned for its innovative approach in the field of immunotherapy and vaccine development. Founded in 1994, the company has made significant strides in combating infectious diseases and cancer, with a strong operational presence across Europe and North America. Specialising in the development of live virus vaccines and immunotherapies, Bavarian Nordic's core products include the smallpox vaccine, IMVAMUNE®, and the cancer immunotherapy candidate, BN-Brachyury. These offerings are distinguished by their unique mechanisms and robust safety profiles, positioning the company as a key player in the biopharmaceutical industry. With a commitment to advancing public health, Bavarian Nordic has achieved notable milestones, including partnerships with global health organisations, solidifying its reputation as a trusted innovator in vaccine technology.
DitchCarbon Score
How does Bavarian Nordic'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 Research Services 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
Bavarian Nordic's score of 44 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bavarian Nordic's reported carbon emissions
In 2023, Bavarian Nordic reported total carbon emissions of approximately 10,682,000 kg CO2e. This figure includes 4,364,000 kg CO2e from Scope 1 emissions and 6,318,000 kg CO2e from Scope 2 emissions, resulting in a combined total of 7,402,000 kg CO2e for both scopes. The company's emissions have significantly increased from 2022, when total emissions were about 2,753,000 kg CO2e, with Scope 1 and Scope 2 emissions at 1,765,000 kg CO2e and 988,000 kg CO2e, respectively. Bavarian Nordic is committed to achieving Net Zero emissions by 2050, in alignment with the Paris Agreement on Climate Change. In the near term, the company plans to define its carbon footprint reduction pathway in 2024, focusing on all scopes of emissions. This commitment reflects a proactive approach to climate action within the pharmaceuticals, biotechnology, and life sciences sector. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Bavarian Nordic's climate commitments demonstrate a clear intention to reduce its carbon footprint and contribute to global sustainability efforts.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 964,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,398,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - |
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.
Bavarian Nordic 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.
