Thermo Fisher Scientific

Life Sciences Tools & Services

TMO

$ 564 (1.6)%

Share price

$ 221 bn

Market Cap

$ 251 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.07x 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

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

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

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

FY2022

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

GHG emissions and Carbon intensity

Thermo Fisher Scientific reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 663 Kt (+153/+30% y-o-y). Carbon intensity also increased to 17 t (+1.1/+7% y-o-y).

Thermo Fisher Scientific's Scope 3 emissions was up at 11,232 Kt (+198/+1.8% y-o-y).

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 -36 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 -410 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.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	663	298	365	11,232	39,211	17
2020Q4	510	200	311	11,035	32,218	16
2019Q4	473	161	312		25,542	19
2018Q4	489	155	334		24,358	20
2015Q4	394	92	301