Public data, as of October 2026

Company profile

Sandoz Group AG

SDZ.SWsandoz.comLatest disclosure 2024

Sandoz Group AG reported about 2 million tCO₂e for 2024, and 88% of it sits in Scope 3, in the value chain beyond the company's own operations.

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SBTi statusValidated Targets

Near-term status: Validated Targets. Net-zero status: no net-zero target on record.

Where insetting fits

Scope 3 is 88% of the footprint, the part of the value chain that supplier emissions reductions can reach.

Peer position

Scope 3 is 88% of the footprint, close to the peer median of 91%.

Voluntary retirements

Registry records show 138 credits retired for this company.

Emissions

How the reported footprint breaks down by scope and year.

tCO₂e, GHG Protocol scopes
Source: published disclosure, FY2024

Peer benchmark

How Sandoz Group AG compares with its industry peers on Scope 3.

Peers: companies in the SBTi industry "Pharmaceuticals, Biotechnology and Life Sciences", by Scope 3 share of the latest reported footprint.

CompanyScope 3 share%

Sandoz Group AGThis company88%
McKesson Corporation99%

Company profile

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Related projects

None yet

Inset projects on Carbon3None yet

Reported emissions by year

Scope 1
Scope 2
Scope 3

FY2024

Scope 1, direct	82,1004%
Scope 2, purchased energy	157,6008%
Scope 3, value chain	1,748,80088%
Total	1,988,500

Years without a matched disclosure stay open until a published source is matched.

Source document: annualreport.sandoz.com

Scope 3 by category, 2024

11 categories itemized

C1Purchased Goods and ServicesLargest category1.2 Mt69%
C2Capital Goods49 kt3%
C3Fuel and Energy Related Activities49 kt3%
C4Upstream Transportation and Distribution166 kt9%
C5Waste Generated in Operations8 kt<1%
C6Business Travel11 kt1%
C7Employee Commuting27 kt2%
C9Downstream Transportation and Distribution3 kt<1%
C10Processing of Sold Products4 kt<1%
C11Use of Sold Products156 kt9%
C12End-of-Life Treatment of Sold Products69 kt4%

Climate targets

What the SBTi listing says about the company's targets.

Status as published by the SBTi

Primary SBTi record: Sandoz Group AG

Near-term targetValidated Targets

Classification: 1.5°C
Target year: 2035

Net-zero targetNot listed

Net-zero year: Not listed

Carbon3 shows each record exactly as the SBTi publishes it, and does not assess, rate or endorse targets. A validated target says nothing about any market instrument.

Voluntary retirements

Voluntary credits retired for this company on public registries.

Registry records naming the company as beneficiary

ProjectRegistryRetired inCredits retired

Cookstove (GLD4364)Gold Standard2025138

These are voluntary market retirements, which sit outside the value chain. Inset credits retired on Carbon3 would appear as their own rows, linked to the supplier project.138 credits in total

Bayer Aktiengesellschaft

74%

Thermo Fisher Scientific Inc.94%

Merck & Co., Inc.87%

AstraZeneca plc98%

Merck KGaA81%

Peer median: 91%Scope 3 boundaries differ between reports, so compare shares with care.

Scope 3 position

Near the peer median

The company's Scope 3 share is 88%, against a peer median of 91%.

Disclosure coverage

6 of 6 disclose

6 of 6 named peers report all three scopes, so their Scope 3 share can be compared.

Research summary

What the public record says about this company's decarbonization.

No report has been generated for this company yet

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Related projects

Decarbonization projects that name the company as a partner.

Emerging projects catalog, status as reported by each project

No projects linked to this company yet

Carbon3 has not yet found a public decarbonization project that names this company.

No inset projects are listed for this company yet.

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