Agilent Technologies

Life Sciences Tools & Services

$ 152 (2.5)%

Share price

$ 45 bn

Market Cap

$ 48 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.03x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -6.6% weighted average for S&P 500

FY2022

Agilent Technologies aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019

This target has not been verified as science based according to SBTi

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.9% weighted average for S&P 500

FY2022

Agilent Technologies aims to achieve net zero for all Scopes by 2050

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Agilent Technologies reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 48 Kt (-4.6 /-8.8% y-o-y). Also positively, carbon intensity plunged to 7.6 t (-2.3 /-23.2% y-o-y).

Agilent Technologies's Scope 3 emissions decreased sharply to 79 Kt (-36 /-31.1% y-o-y). This is a higher rate of decline than over the period since 3Q'19 (-22.3% CAGR).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -2.6 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -4.4 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing Scope 3 by 30% by 2030 from a base year 2019, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q3	48	11	37	79	6,319	7.6
2020Q3	53	11	42	115	5,339	9.9
2019Q3	49	9.2	40	169	5,163	9.5
2018Q3	62	7.5	54	154	4,914	13
2017Q3	59	8.2	51	152
2016Q3	60	7.8	52	151
2015Q3	147	9.3	50	89