Moderna Announces Pledge to Achieve Net-Zero Carbon Emissions Globally by 2030

About this update from Moderna, Inc.

[{"type":"text","content":" CAMBRIDGE, Mass.--(BUSINESS WIRE)--\nModerna, Inc. (Nasdaq: MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today announced that as part of its commitment to sustainability, the Company will work to achieve net-zero carbon emissions globally by 2030.\n\n“We believe that each corporation around the world needs to be part of the solution in addressing climate change and our first step is to commit to net-zero carbon emissions. We are proud of this ambitious goal that we have set for ourselves, as we aim to put Moderna among the global leaders in managing the impact of waste from our business and decreasing the natural resources we use, to promote long-term, sustainable growth for the planet and our organization. We look forward to working to achieve this goal with all of our partners,” said Stéphane Bancel, Chief Executive Officer of Moderna. “As we continue through this period of accelerated growth, we will continue to make corporate responsibility a critical part of who we are and what we do with a sense of purpose. From the delivery of our COVID-19 vaccine to our investment in renewable energy, we always seek to do the right thing, the right way. It is critical for a high-growth company like Moderna to set such a goal. We will build Moderna in a way that minimizes our impact on the planet while delivering innovative vaccines to prevent people from getting sick and medicines to help those who have diseases.”\n\nAs part of Moderna’s ongoing Corporate Social Responsibility efforts to reduce its environmental impact, the Company is implementing key initiatives that include:\n\n\nEstablishing baseline metrics including Energy, Waste and Water to inform the creation and implementation of a comprehensive ESG program.\n\n\nAssessing the overall utilities infrastructure of the Moderna Technology Center manufacturing site in Norwood, Massachusetts to formulate a scope and timeline to reduce its carbon footprint\n\n\nCommitting to the direct use of renewable energy in U.S. facilities beginning in 2021, and to the extent renewable energy is not used, the Company will offset non-renewable electricity consumption through renewable energy credits (RECs).\n\n\nInvesting in the new Moderna Science Center at 325 Binney Street in Cambridge, Massachusetts. The high-performance building is targeting LEED P...

More updates from Moderna, Inc.