Thermo Fisher Scientific

Biotechnology / Pharmaceuticals
TMO
$ 555 2.8
Share price
$ 217 bn
Market Cap
$ 247 bn
Enterprise Value

Carbon footprint

2.1 Ton
GHG emissions per $ 1 mln investment
0.07x the weighted average for S&P 500
FY2020
How is this calculated?
+8%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-3.3%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Thermo Fisher Scientific aims to reduce Scope 1 + 2 by 30% by 2030 from a base year 2018


This target has not been verified as science based according to SBTi
Thermo Fisher Scientific's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.3%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2021
How is this calculated?

Thermo Fisher Scientific aims to achieve net zero for all Scopes by 2050


This target has not been verified as science based according to SBTi
Thermo Fisher Scientific's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Thermo Fisher Scientific's GHG emissions (location-based) (Kt of CO2e)
Thermo Fisher Scientific's Carbon intensity (Tons per 1 USDm)

Thermo Fisher Scientific's carbon footprint

Thermo Fisher Scientific reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 510 Kt (+38/+8% y-o-y). At the sime time, carbon intensity fell to 16 t (-2.7 /-14.6% y-o-y).

Thermo Fisher Scientific reported Scope 3 emissions for the the twelve months ending31 December 2020 at 11,035

The company is committed to reducing Scope 1 + 2 by 30% by 2030 from a base year 2018, which translates into the estimated reduction of -17 Kt per annum over the period of FY2021 - 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 -385 Kt per annum over the period of FY2021 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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