ConvaTec

Health Care Supplies

CTEC.L

GBX 222 0.91

Share price

$ 5.6 bn

Market Cap

$ 6.5 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.16x the weighted average for S&P 500

FY2020

Primary Climate Goal

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

FY2021

ConvaTec aims to reduce Scope 1 + 2 by 10% by 2023 from a base year 2018

This target is most likely outdated and the company appears to have already achieved it

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

GHG emissions and Carbon intensity

ConvaTec reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 31 December 2020 at 30 Kt (+0.46/+1.6% y-o-y). At the sime time, carbon intensity declined to 16 t (-0.3 /-1.9% y-o-y).

No public disclosure of Scope 3 emissions has been found for ConvaTec at the moment.

The company is committed to reducing Scope 1 + 2 by 10% by 2023 from a base year 2018, which it appears to have already achieved as of 2020. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Carbon offsets	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	30	4.9	25	(2)	1,894	16
2019Q4	29	5	24	(1.6)	1,827	16
2018Q4	34	5.4	29	(0.53)	1,832	19