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Avanos Medical Inc

Common Name
Avanos Medical
Country
United States
Sector
Healthcare
Industry
Medical Devices
Employees
2,227
Ticker
AVNS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Website
avanos.com
Description
Avanos Medical Inc. is a healthcare company specializing in the development and production of medical devices designed to improve patient outcomes and reduce procedural costs. Primarily focusing on ch...

Avanos Medical's GHG Emissions Data Preview

In 2023, Avanos Medical completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Avanos Medical has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Unspecified Calculation Method
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a
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b
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
0000000
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Verified Sources Behind Avanos Medical’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Avanos Medical’s data sources below and access millions more through our Disclosure Search.

a. Avanos Medical's Corporate Citizenship Report 2023
a. Avanos Medical's Corporate Citizenship Report 2023
b. Avanos Medical's Corporate Citizenship Report 2021
b. Avanos Medical's Corporate Citizenship Report 2021
c. Avanos Medical's Corporate Citizenship Report 2019
c. Avanos Medical's Corporate Citizenship Report 2019

Insights into Avanos Medical's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofAvanos Medical amounted to14,457.82metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Avanos Medicaldecreased by 2.78%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Avanos Medical's Scope 1 Emissions Over Time

2019202020212022202304509001.35 k1.8 ktCO2e+14%+5%+603%+11%
  • Total Scope 1
  • Year-over-Year Change

What are Avanos Medical's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Avanos Medical were 1,786.73 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Avanos Medical reduced its Scope 1 emissions over time?

Since 2019, Avanos Medical's Scope 1 emissions have increased by 832.63%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2022), Avanos Medical's Scope 1 emissions increased by 10.88%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Avanos Medical's Scope 2 emissions?

In 2023, Avanos Medical reported Scope 2 greenhouse gas (GHG) emissions of 12,671.09 tCOâ‚‚e without specifying the calculation method.a

Has Avanos Medical reduced its Scope 2 emissions over time?

Since 2019, Avanos Medical's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 29.05%, reflecting a rising long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2022), Avanos Medical's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Avanos Medical's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Avanos Medical use for Scope 2 reporting?

In 2023, Avanos Medical reported its Scope 2 emissions using an unspecified methodology.a

Avanos Medical's Scope 2 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Avanos Medical’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Avanos Medical reported Scope 1 greenhouse gas (GHG) emissions of 1,786.73 tCOâ‚‚e and total revenues of USD 673 millions. This translates into an emissions intensity of 2.65 tCOâ‚‚e per millions USD.a

Avanos Medical's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0002,000,000Scope 1 Emissions (tCO2e)505002,00020,000100,000Revenues (Millions of USD)TSIInteger HoldingsYear: 2023Scope 1: 7,066 tCO2eRevenue: $M 1,597Scope 1 Intensity: 4.43 tCO2e/$MEnovisYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 2,108Scope 1 Intensity: 1.10 tCO2e/$MVeracyteYear: 2023Scope 1: 448 tCO2eRevenue: $M 361Scope 1 Intensity: 1.24 tCO2e/$MAbbott LaboratoriesYear: 2024Scope 1: 502,000 tCO2eRevenue: $M 41,950Scope 1 Intensity: 11.97 tCO2e/$MInsmedYear: 2024Scope 1: 1,666 tCO2eRevenue: $M 364Scope 1 Intensity: 4.58 tCO2e/$MInsuletYear: 2024Scope 1: 1,383 tCO2eRevenue: $M 2,072Scope 1 Intensity: 0.67 tCO2e/$MBio Rad LaboratoriesYear: 2023Scope 1: 10,563 tCO2eRevenue: $M 2,671Scope 1 Intensity: 3.95 tCO2e/$MInspire Medical SystemsYear: 2023Scope 1: 51 tCO2eRevenue: $M 625Scope 1 Intensity: 0.08 tCO2e/$MFrontage HoldingsYear: 2023Scope 1: 2,883 tCO2eRevenue: $M 2,027Scope 1 Intensity: 1.42 tCO2e/$MEdwards LifesciencesYear: 2024Scope 1: 15,682 tCO2eRevenue: $M 5,439Scope 1 Intensity: 2.88 tCO2e/$MGlaukosYear: 2024Scope 1: 523 tCO2eRevenue: $M 383Scope 1 Intensity: 1.36 tCO2e/$MBrukerYear: 2022Scope 1: 3,621 tCO2eRevenue: $M 2,531Scope 1 Intensity: 1.43 tCO2e/$MCertaraYear: 2024Scope 1: 161 tCO2eRevenue: $M 385Scope 1 Intensity: 0.42 tCO2e/$MStrykerYear: 2023Scope 1: 54,854 tCO2eRevenue: $M 20,498Scope 1 Intensity: 2.68 tCO2e/$MTTTwist BioscienceYear: 2024Scope 1: 7 tCO2eRevenue: $M 313Scope 1 Intensity: 0.02 tCO2e/$MSSSchrodingerYear: 2024Scope 1: 446 tCO2eRevenue: $M 208Scope 1 Intensity: 2.15 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MIIIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MBoston ScientificYear: 2024Scope 1: 87,567 tCO2eRevenue: $M 16,747Scope 1 Intensity: 5.23 tCO2e/$MQuidelOrthoYear: 2023Scope 1: 22,544 tCO2eRevenue: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MIonis PharmaceuticalsYear: 2024Scope 1: 2,616 tCO2eRevenue: $M 705Scope 1 Intensity: 3.71 tCO2e/$MAvanos MedicalYear: 2023Scope 1: 1,787 tCO2eRevenue: $M 673Scope 1 Intensity: 2.65 tCO2e/$M

How does Avanos Medical's GHG emissions intensity compare to its peers?

In 2023, Avanos Medical reported a Scope 1 emissions intensity of 2.65 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.11, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Avanos Medical rank on GHG emissions intensity within its industry?

In 2023, Avanos Medical ranked 13 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Avanos Medical is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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