Smith & Nephew
Primary Climate Goal
Smith & Nephew's target annual Scope 1 + 2 emissions for 2050 should be equal to 15 Kt = 80% * 77 Kt, according to the company's stated climate goal.
In order to achieve this goal, Smith & Nephew would need to reduce its emissions at least by -2.1 Kt per annum over the period from 2022 to 2050:
-2.1 Kt = ( 15 Kt - 76 Kt ) / (2050 - 2021)
This translates into a -2.8% reduction in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Smith & Nephew aims to reduce Scope 1 + 2 by 80% by 2050 from a base year 2019
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Smith & Nephew reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 76 Kt (+3.3/+4.5% y-o-y).
No public disclosure of Scope 3 emissions has been found for Smith & Nephew at the moment.
The company is committed to reducing Scope 1 + 2 by 80% by 2050 from a base year 2019, which translates into the estimated reduction of -2.1 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.