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RVBA-VIATRPrivate

Viatris Inc.

US
Verified credentials
SBTi Validated1.5°C
Decarbonisation trajectory · all scopes
Scope 1 + 2· base 2020 · 436k tCO2eScope 3· base 2020 · 2.0M tCO2e

Headline intensities

Reporting year 2025·Values in USD ($)
Peer cohort: · lower is better
Revenue intensity
Carbon / $m revenue
118tCO2e / $m

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.

no peer comparison yet
Operational intensity
Carbon / $m OpEx
tCO2e / $m

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.

no peer comparison yet
Economic intensity
Carbon / $m EVIC
tCO2e / $m

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?

no peer comparison yet
Asset intensity
Carbon / $m PP&E + leased
tCO2e / $m

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.

no peer comparison yet

Climate action evidence

0 records · 0 sources
Net-zero claim · FY2050 · Declaration / pledge · nzt
Viatris commits to reduce absolute Scope 1 and Scope 2 GHG emissions by 42% by 2030 relative to 2020, and to reduce absolute Scope 3 emissions by 25% by 2030 relative to 2020.
Carbon credits retired
No retirement evidence on file (third-party or self-reported).
Renewable electricity
21 %
Self-reported renewable electricity share, FY2025 · 101.2 GWh
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
    21% renewable electricity in 2025, up 9% YoY; site-level PPAs and on-site solar

    Viatris purchased 9% more renewable electricity in 2025 vs 2024, reaching 21% of electricity from renewable sources. Sandwich UK transitioned to 100% renewable energy in 2025. New solar facility commissioned at Krishnagiri, India injectables site, and additional solar under construction at Carole Park, Australia. Top renewable electricity sources in 2025: India (45,291 MWh), Ireland (38,363 MWh), Germany (6,664 MWh), Türkiye (5,746 MWh), Hungary (3,530 MWh).

    Self-reported · FY2025 · p.36
    Approach to carbon removals

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

    Primary decarbonisation levers
    • Energy efficiency & infrastructure upgrades at manufacturing sites

      Key pillars include implementing energy-efficiency projects, leveraging infrastructure upgrades and utility replacement projects. In 2025, three facilities initiated chiller replacement projects. Replaced outdated HVAC unit with R-454B refrigerant. Galway, Ireland eliminated 800 liters of diesel annually by transitioning to electric vehicle. LED lighting expanded across multiple locations. Glycol-to-water ratio adjusted at Collins Ferry R&D facility to reduce electricity.

    • Refrigerant management and alternative fuels

      Key pillars include preventing refrigerant leaks and transitioning to greener refrigerants, plus using alternative fuels and technologies. Biomass fuel grew from 9.5 GWh in 2020 to 92.3 GWh in 2025. Addressed refrigerant leaks and replaced outdated HVAC with R-454B refrigerant eliminating ozone depletion potential.

    • Sustainable packaging & material reduction

      Global Packaging team reduced paper usage by ~6 metric tons at some OSD sites, plastic by ~3 metric tons, and wood by ~1 metric ton through optimizations in 2025. QR code pilot replaced printed leaflets in some markets in Europe and Australia. In India, fulfilled Extended Producer Responsibility by collecting and recycling 225 MT of consumer plastic packaging. Pharmacycle program in Australia recovered 140kg from 94,000+ blister packs.

    Dependent decarbonisation levers
    • Freight mode shift from air to ocean/road

      In 2025, Viatris decreased use of air freight from 52% to 45% and increased sea freight from 48% to 55%. Established a standard operating procedure to make ocean freight the standard mode, with nearly all customers now defaulting to sea freight. Mode of Transportation (MOT) Optimization model extended to more sites; full truckload shipping increased to optimize transportation.

    • Supply chain GHG reduction & supplier engagement (Scope 3 cat 1-4)

      Viatris continued engaging suppliers of API, finished medicinal product, logistics and other indirect services on GHG reduction programs to make progress on Scope 3 target. Completed 19 PSCI audits of top antibiotic suppliers in 2025. Five-year strategy to complete PSCI assessments for 105 strategic suppliers of top 100 products by 2026, from a 2022 baseline — exceeded plan in 2025.

    Targets

    Near-term

    3 targets
    ScopeBaseTargetReductionAlignmentProgressStatus
    Scope 1 + 2Absolute20202030−42%1.5°C
    17.1% reductionof −42% target · 41% there
    Off track
    Scope 1 + 2 + 3Absolute20202030−42%Declaration / pledge
    31.9% reductionof −42% target · 76% there
    On track
    Scope 3Absolute20202030−25%
    35.0% reductionof −25% target · 140% there
    On track

    Net zero

    1 target
    ScopeBaseTargetReductionAlignmentProgressStatus
    Scope 1 + 2 + 3Absolute20202050Declaration / pledgeabsolute-value target

    Progress · absolute tCO2e

    Scope 1 + 2 trajectory vs target
    Scope 1 + 2 · 42% by 2030 · 1.5°C
    ActualLinear1.5°C
    Scope 3 trajectory vs target
    Scope 3 · 25% by 2030
    ActualLinear1.5°C

    Latest news· last 5 of 16

    full news log →
    • 21% renewable electricity in 2025, up 9% YoY; site-level PPAs and on-site solar

      Viatris purchased 9% more renewable electricity in 2025 vs 2024, reaching 21% of electricity from renewable sources. Sandwich UK transitioned to 100% renewable energy in 2025. New solar facility commissioned at Krishnagiri, India injectables site, and additional solar under construction at Carole Park, Australia. Top renewable electricity sources in 2025: India (45,291 MWh), Ireland (38,363 MWh), Germany (6,664 MWh), Türkiye (5,746 MWh), Hungary (3,530 MWh).

      2025
    • Exceeded zero waste-to-landfill goal: 17 sites vs. target of 15 by 2030

      Goal was to increase zero waste-to-landfill locations by 50% from 2020 baseline (10) to 15 by 2030. Achieved 17 sites by 2025.

      2025
    • Dependent: Freight mode shift from air to ocean/road

      In 2025, Viatris decreased use of air freight from 52% to 45% and increased sea freight from 48% to 55%. Established a standard operating procedure to make ocean freight the standard mode, with nearly all customers now defaulting to sea freight. Mode of Transportation (MOT) Optimization model extended to more sites; full truckload shipping increased to optimize transportation.

      2025
    • Scope 3 baseline and historical data rebaselined for 2025 divestitures

      Scope 1 & 2 emissions have been rebaselined to account for the divestitures completed in 2025. Scope 3: 2020 emissions have been rebaselined to account for divestitures completed in 2024.

      2025
    • Scope 3 baseline restated downward due to divestitures

      Adjusted for divestments in 2025 for scope 1 and 2 and rebaselined scope 3 to account for divestment activity. Scope 3 emissions dropped from 2,154 to 1,320 thousand tCO2e between 2024 and 2025 partly due to rebaselining.

      2025

    Latest reporting year· 6 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 manual upload · 2.8 MB
    extractedOPEN PDF ↗