Gilead Sciences Inc.

"Gilead Sciences Inc., a company based in the USA, has set a net zero target to achieve Carbon NetZero Operational GHG emissions by 2030. Net Zero Tracker
This target was included in a corporate policy or planning document and the current status was reached in 2021. Net Zero Tracker
An interesting fact about their environmental policy is that they plan to reduce Scope 1 and 2 GHG emissions by 46% and Scope 3 GHG emissions by 15% by 2030 compared to a 2019 baseline. Net Zero Tracker
They also plan to transition 100% of fleet vehicles to electric or low …"

Current Score (vs. LY)

57.3 pts (2.5)

Last Update: Dec. 12, 2023

Current Rankings

Global: #47

S&P100: #30

Health Care: #7

76.7%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

60.8%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

33.3%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 54,60048,08054,070
Scope 2 - location-based 56,80058,49455,561
Scope 2 - market-based 34,10036,37033,223
Scope 1-2 - location-based 111,400106,574109,631
Scope 1-2 - market-based 88,700 84,450 87,293
Scope 3 29,7001,474,5991,437,891
Total - location-based 141,1001,581,1731,547,522
Total - market-based 118,400 1,543,585 1,525,184

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 1,931,0781,709,501
Methodology Pre-calculated sector intensity (revenue)Scope 3 based on previous year

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

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 Materials.

Gilead Sciences Inc. belongs to the sector Health Care.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2MKT 25.0 2016 2025
S3 15.0 2019 2030
S1S2S3MKT 16.8 2019 2030
S1S2MKT 46.0 2019 2030

Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2MKT NO 2030

Science-based Targets (SBTI)

Date Published / Updated :01/05/2021

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 No target No

Gilead Sciences commits to reduce absolute scope 1 and 2 GHG emissions 46% by 2030 from a 2019 base year. Gilead Sciences also commits to reduce absolute scope 3 GHG emissions 15% over the same timeframe.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Gilead Sciences by zerotracker.net: Dec. 14, 2023
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Not Specified

Additional notes: 2022 ESG Impact Report https://www.gilead.com/-/media/files/pdfs/yir-2022-pdfs/2022-environmental-social-governance-impact-report.pdf

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 5.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 0.0
Transparency 23.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 6.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 3.333333333333334 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 5.0 10.0 0.0
7 Targets are science-based as validated by SBTi 10.0 10.0 0.0
Commitments 24.333333333333336 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 10.0 10.0 2.5
Results 10.0 30.0 2.5
Total 57.3 100.0 2.5


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 5.0 5.0 -2.5 5.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? partly 2.5 / 5.0 0.0 2.5 0.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? B 8.0 / 10.0 8.0 0.0 8.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? 2025 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include all the emissions? NC 0.0 / 4.0 0.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2030 3.3 / 5.0 3.3 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? 7.5
5.0 / 5.0 5.0 0.0 5.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 10.0 0.0 10.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 13.9
Actual (in %): -7.1
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %): 7.5
Actual (in %): -5.0
0.0 / 5.0 0.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.3°C 10.0 / 10.0 7.5 2.5 7.5
Total 57.3 / 100.0 54.8 2.5 48.5


Available Data Sources

Reporting Year 2021 2020 2020 2019 2019 2019 2018
Source Yourstake CDP Public Public Public CDP Public
Publication Year unknown 2021 2022 2022 2021 2020 2021
Scope 1 54,600 48,080 48,080 54,070 52,019 52,019 46,703
Scope 2 - location-based 56,800 58,494 58,494 55,561 42,546 42,546 45,204
Scope 2 - market-based 34,100 36,370 36,370 33,223 20,760 21,716 25,585
Scope 1-2 - location-based 111,400 106,574 106,574 109,631 94,565 94,565 91,907
Scope 1-2 - market-based 88,700 84,450 84,450 87,293 72,779 73,735 72,288
Scope 3 29,700 1,474,599 1,474,683 1,437,891 0 1,436,297 0
Total - location-based 141,100 1,581,173 1,581,257 1,547,522 94,565 1,530,862 91,907
Total - market-based 118,400 1,543,585 1,559,133 1,525,184 72,779 1,484,782 72,288

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

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