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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 10,563a | 11,631a | 10,242a | |
Total Scope 2 | ||||
Market-Based | 13,920a | 14,029a | 15,914a | |
Location-Based | 13,906a | 13,690a | 14,810a | |
Total Scope 3 | N/A | 295,930b | 399,066b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.9543a | 4.1506a | 3.5045a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Bio Rad Laboratories amounted to 24,469 metric 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 Laboratories decreased by 3.36%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Bio Rad Laboratories were 10,563 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2023, Bio Rad Laboratories reported Scope 2 greenhouse gas (GHG) emissions of 13,920 tCO₂e using the market-based method and 13,906 tCO₂e using the location-based method.a
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
In 2023, Bio Rad Laboratories reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Bio Rad Laboratories reported Scope 1 greenhouse gas (GHG) emissions of 10,563 tCO₂e and total revenues of USD 2,671 millions. This translates into an emissions intensity of 3.95 tCO₂e per millions USD.a
In 2023, Bio Rad Laboratories reported a Scope 1 emissions intensity of 3.95 tCO₂e per millions USD. Compared to the peer group median of 2.88, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Bio Rad Laboratories ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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