RVBA-VERTEPrivate

Vertex Pharmaceuticals

US
Decarbonisation trajectory · all scopes
Scope 1 + 2· base 2022 · 14k tCO2eScope 3· base 2022 · 250k tCO2e

No targets available; showing actuals against baseline.

Headline intensities

·Values in USD ($)
Peer cohort: · lower is better
Revenue intensity
Carbon / $m revenue
tCO2e / $m revenue

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

Operational intensity
Carbon / $m OpEx
tCO2e / $m OpEx

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

Economic intensity
Carbon / $m EVIC
tCO2e / $m EVIC

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

Asset intensity
Carbon / $m PP&E + leased
tCO2e / $m PP&E

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

Climate action evidence

0 records · 0 sources
Carbon credits retired
No retirement evidence on file (third-party or self-reported).
Renewable electricity
50 %
Self-reported renewable electricity share, FY2024
Sources
    Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.

    Strategy & approach

    How the firm describes its decarbonisation approach in its own words — alongside the headline numbers above. Self-reported, page-cited.

    Approach to renewable energy
    ~98% renewable energy at UK International HQ and Oxford research facility

    Vertex achieved ~98% renewable energy at its International Headquarters and research facility in the UK. Overall global energy from renewable sources reached 50% in 2024 (up from 49% in 2023). The firm invests in green energy to increase electrification and ensure long-term emissions reductions, and is targeting >90% electrification of heating/cooling systems at the new Leiden II building.

    Self-reported · FY2024 · p.25
    Approach to carbon removals

    No narrative on durable removals approach in the firm's most recent reports.

    Primary decarbonisation levers
    • Sustainable buildings and green certifications

      Vertex pursues LEED, BREEAM, SKA and Fitwel certifications across its real estate portfolio. 79% of operated square feet are green-certified in 2024. New Leiden II expansion (344,000 sq ft) targets LEED Platinum with >90% electrification of heating and cooling systems.

    • Energy efficiency at existing facilities

      Completed comprehensive energy efficiency audit at Oxford UK research site and London HQ, identifying ~94,000 kWh of annual energy savings. Introduced a new platform across six largest R&D and manufacturing sites to monitor site-specific emissions and energy initiatives.

    • Waste diversion and green chemistry

      Diverted 130 metric tons of laboratory and manufacturing waste from landfill in 2024 through takeback programs (Tyvek gowning, gloves, Styrofoam, plastic film). Leiden I repurposed >80% of medical biowaste for second consecutive year. Green chemistry initiatives apply the 12 principles across labs.

    Dependent decarbonisation levers
    • Scope 3 supplier engagement program

      Scope 3 emissions (551,647 tCO2e in 2024) dominate Vertex's footprint. Initiated supplier emissions data collection targeting ~30% of total spend in 2024. Member of Pharmaceutical Supply Chain Initiative's Scope 3 Decarbonization Team. Introducing ESG site audits for top suppliers in high-risk countries in 2025.

    • Packaging and shipping efficiency

      Redesigned JOURNAVX packaging to eliminate intermediary paperboard carton. Increased CASGEVY shipper capacity from 1 to up to 4 manufactured product batches per shipper, reducing overall shipment numbers to treatment centers.

    Progress · absolute tCO2e

    Scope 1 + 2 trajectory
    ActualLinear1.5°C

    No target available for this scope.

    Scope 3 trajectory
    ActualLinear1.5°C

    No target available for this scope.

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    Latest news· last 5 of 13

    full news log →
    • SBTi-aligned 42% Scope 1+2 reduction target by 2032

      Vertex committed to reduce Scope 1 and 2 GHG emissions by 42% by 2032 using 2022 as baseline, aligned with the Science Based Targets initiative.

      2024
    • Scope 1 emissions restated for 2022 and 2023

      2022 and 2023 GHG Scope 1 emissions were updated in April 2025 to include emissions at the Vertex Manufacturing Center that were previously attributed to a tenant.

      2024
    • Acquisition of Alpine Immune Sciences

      Vertex acquired Alpine Immune Sciences and its lead asset povetacicept; included $4.4B one-time acquired in-process R&D expense.

      2024
    • Scope 3 supplier data collection program launched

      Set a target to gather Scope 3 data from suppliers comprising approximately 30% of total spend; data will be incorporated into 2025 reporting.

      2024
    • Reasonable assurance added for Fan Pier site

      ERM CVS provided reasonable assurance of Fan Pier Scope 1, Scope 2 location-based, and Scope 2 market-based emissions for 2024 (in addition to limited assurance for other sites).

      2024

    Latest reporting year· 3 earlier years on Data-by-year tab

    all years + ratios →

    2026

    reporting year
    Financials
    Revenue
    OpEx
    FTE
    Market cap (FY-end)
    Climate
    Scope 1
    Scope 2 (market)
    Scope 2 (location)
    Scope 3 total

    Source documents· FY2024

    all documents →
    sustainability report2024
    via jina search
    extracted