"AbbVie Inc., a company based in the USA, has set a net zero target for 2050. Net Zero Tracker This commitment is part of their Carbon Reduction Plan. Net Zero Tracker An interesting aspect of their environmental policy is their commitment to the Science Based Targets initiative (SBTi) in 2021. Net Zero Tracker They aim to set ambitious science-based emissions reduction targets to support limiting global temperature rise to no more than 1.5°C above pre-industrial levels, aligning with the Paris Climate Agreement and the 2018 Intergovernmental Panel on Climate Change. Net Zero Tracker In addition, you can check out the …"
Carbon emissions are estimated according to comparable years, intensity and sector
Performance vs. Target
Note: Targets without baseline are ignored. In case several targets
exist, only the shorter-term target is
Value Chain (scope 3) Emissions by Category
Emissions Trajectory (Full Scopes)
Please refer to the library for viewing the supporting documentation
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
AbbVie Inc. is a member of the Business Ambition for 1.5 campaign (link here )
AbbVie commits to reduce absolute scope 1 and 2 GHG emissions 42.0% by 2030 from a 2021 base year*. AbbVie also commits to increase active sourcing of renewable electricity from 29.5% in 2021 to 100.0% by 2030. AbbVie further commits that 79.1% of its suppliers by emissions covering purchased goods and services, capital goods, and upstream transportation and distribution, will have science-based targets by 2027. * The target boundary includes land-related emissions and removals from bioenergy feedstocks.
Separate targets for emission reductions and removals
Conditions on use of offset credits
Plans for carbon dioxide removal (CDR)
Additional notes: Very little provided on sinks and credits.
Carbon Reduction Plan 2022:
"In 2022/23 we hope to implement further measures such as...Investigating the purchase of quality carbon offsets starting in 2040"
At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified
Scope 3 emissions are fully reported and externally-verified
CDP score demonstrates the level of transparent disclosures
Net Zero Commitments by 2050 include an intermediate target and cover all the emissions
Net Zero targets demonstrate a high-level of emergency
Emission reduction targets on a forward-looking basis are ambitious