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Bio Rad Laboratories Inc

Common Name
Bio Rad Laboratories
Country
United States
Sector
Healthcare
Industry
Medical Devices
Employees
7,700
Ticker
BIO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Bio-Rad Laboratories Inc. operates as a leading manufacturer and distributor of life science research products and clinical diagnostics systems. Established in 1952 and headquartered in Hercules, Cali...

Bio Rad Laboratories's GHG Emissions Data Preview

In 2023, Bio Rad Laboratories 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, Bio Rad Laboratories 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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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Bio Rad Laboratories’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 Bio Rad Laboratories’s data sources below and access millions more through our Disclosure Search.

a. Bio Rad Laboratories's Sustainability Report 2023
a. Bio Rad Laboratories's Sustainability Report 2023
b. Bio Rad Laboratories's Sustainability Report 2022
b. Bio Rad Laboratories's Sustainability Report 2022

Insights into Bio Rad Laboratories's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofBio Rad Laboratories amounted to24,469metric 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 Bio Rad Laboratoriesdecreased by 3.36%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Bio Rad Laboratories's Scope 1 Emissions Over Time

2019202020212022202303 k6 k9 k12 ktCO2e-15%+7%+14%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Bio Rad Laboratories's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Bio Rad Laboratories were 10,563 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Bio Rad Laboratories reduced its Scope 1 emissions over time?

Since 2019, Bio Rad Laboratories's Scope 1 emissions have decreased by 6.32%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2022), Bio Rad Laboratories's Scope 1 emissions decreased by 9.18%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Bio Rad Laboratories's Scope 2 emissions?

In 2023, Bio Rad Laboratories reported Scope 2 greenhouse gas (GHG) emissions of 13,920 tCOâ‚‚e using the market-based method and 13,906 tCOâ‚‚e using the location-based method.a

Has Bio Rad Laboratories reduced its Scope 2 emissions over time?

Since 2019, Bio Rad Laboratories's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Bio Rad Laboratories's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year(2022), Bio Rad Laboratories's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Bio Rad Laboratories's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Bio Rad Laboratories use for Scope 2 reporting?

In 2023, Bio Rad Laboratories reported its Scope 2 emissions using the market-based method and using the location-based method.a

Bio Rad Laboratories's Scope 2 Emissions Over Time

2019202020212022202304.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Bio Rad Laboratories’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Bio Rad Laboratories reported Scope 1 greenhouse gas (GHG) emissions of 10,563 tCOâ‚‚e and total revenues of USD 2,671 millions. This translates into an emissions intensity of 3.95 tCOâ‚‚e per millions USD.a

Bio Rad Laboratories's Scope 1 Emissions Intensity Compared to Peers

205005,000100,0002,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)RIInteger HoldingsYear: 2023Scope 1: 7,066 tCO2eRevenue: $M 1,597Scope 1 Intensity: 4.43 tCO2e/$MEnovisYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 2,108Scope 1 Intensity: 1.10 tCO2e/$MAbbott LaboratoriesYear: 2024Scope 1: 502,000 tCO2eRevenue: $M 41,950Scope 1 Intensity: 11.97 tCO2e/$MInsuletYear: 2024Scope 1: 1,383 tCO2eRevenue: $M 2,072Scope 1 Intensity: 0.67 tCO2e/$MInspire Medical SystemsYear: 2023Scope 1: 51 tCO2eRevenue: $M 625Scope 1 Intensity: 0.08 tCO2e/$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: $M 2,531Scope 1 Intensity: 1.43 tCO2e/$MIlluminaYear: 2024Scope 1: 18,836 tCO2eRevenue: $M 4,372Scope 1 Intensity: 4.31 tCO2e/$MWatersYear: 2023Scope 1: 12,660 tCO2eRevenue: $M 2,956Scope 1 Intensity: 4.28 tCO2e/$MElanco Animal HealthYear: 2024Scope 1: 175,807 tCO2eRevenue: $M 4,439Scope 1 Intensity: 39.61 tCO2e/$MStrykerYear: 2023Scope 1: 54,854 tCO2eRevenue: $M 20,498Scope 1 Intensity: 2.68 tCO2e/$MRRRevvityYear: 2024Scope 1: 2,468 tCO2eRevenue: $M 2,755Scope 1 Intensity: 0.90 tCO2e/$MCharles River LaboratoriesYear: 2023Scope 1: 85,723 tCO2eRevenue: $M 4,129Scope 1 Intensity: 20.76 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MAvanos MedicalYear: 2023Scope 1: 1,787 tCO2eRevenue: $M 673Scope 1 Intensity: 2.65 tCO2e/$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: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MBioMarin PharmaceuticalYear: 2022Scope 1: 14,000 tCO2eRevenue: $M 2,096Scope 1 Intensity: 6.68 tCO2e/$MHologicYear: 2024Scope 1: 7,050 tCO2eRevenue: $M 4,030Scope 1 Intensity: 1.75 tCO2e/$MBio Rad LaboratoriesYear: 2023Scope 1: 10,563 tCO2eRevenue: $M 2,671Scope 1 Intensity: 3.95 tCO2e/$M

How does Bio Rad Laboratories's GHG emissions intensity compare to its peers?

In 2023, Bio Rad Laboratories reported a Scope 1 emissions intensity of 3.95 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.78, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Bio Rad Laboratories rank on GHG emissions intensity within its industry?

In 2023, Bio Rad Laboratories 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

Bio Rad Laboratories 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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