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Boston Scientific Corp

Common Name
Boston Scientific
Country
United States
Sector
Healthcare
Industry
Medical Devices
Employees
59,000
Ticker
BSX
Exchange
New York Stock Exchange
Description
Boston Scientific Corporation develops, manufactures, and markets a broad portfolio of medical devices designed for minimally invasive procedures worldwide. The company specializes in innovative techn...

Boston Scientific's GHG Emissions Data Preview

In 2024, Boston Scientific 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, Boston Scientific has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
87,567a
82,704a
35,596a
Total Scope 2
Market-Based
9,854a
19,817a
13,121a
Location-Based
112,861a
101,626a
N/A
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
5.2288a
5.8079a
2.8068a
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Verified Sources Behind Boston Scientific’s Greenhouse Gas (GHG) Emissions Data

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a. Boston Scientific's Performance Report 2024

Insights into Boston Scientific's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Boston Scientific amounted to 200,428 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 2023, the total operational greenhouse gas (GHG) emissions of Boston Scientific increased by 8.73%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Boston Scientific's Scope 1 Emissions Over Time

201920202021202220232024025 k50 k75 k100 ktCO2e-29%-1%+1%+132%+6%
  • Total Scope 1
  • Year-over-Year Change

What are Boston Scientific's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Boston Scientific were 87,567 metric tons of CO₂ equivalent (tCO₂e).a

Has Boston Scientific reduced its Scope 1 emissions over time?

Since 2019, Boston Scientific's Scope 1 emissions have increased by 73.02%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Boston Scientific's Scope 1 emissions increased by 5.88%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Boston Scientific's Scope 2 emissions?

In 2024, Boston Scientific reported Scope 2 greenhouse gas (GHG) emissions of 9,854 tCO₂e using the market-based method and 112,861 tCO₂e using the location-based method.a

Has Boston Scientific reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Boston Scientific's Scope 2 emissions (Location-Based) rose by 11.06% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Boston Scientific use for Scope 2 reporting?

In 2024, Boston Scientific reported its Scope 2 emissions using the market-based method and using the location-based method.a

Boston Scientific's Scope 2 Emissions Over Time

201920202021202220232024030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Boston Scientific’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Boston Scientific reported Scope 1 greenhouse gas (GHG) emissions of 87,567 tCO₂e and total revenues of USD 16,747 millions. This translates into an emissions intensity of 5.23 tCO₂e per millions USD.a

Boston Scientific's Scope 1 Emissions Intensity Compared to Peers

205005,000100,0002,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)IQVIA HoldingsYear: 2023Scope 1: 8,221 tCO2eRevenue: $M 14,983Scope 1 Intensity: 0.55 tCO2e/$MBecton Dickinson and CoYear: 2024Scope 1: 176,565 tCO2eRevenue: $M 20,178Scope 1 Intensity: 8.75 tCO2e/$MRegeneron PharmaceuticalsYear: 2024Scope 1: 80,300 tCO2eRevenue: $M 14,202Scope 1 Intensity: 5.65 tCO2e/$MMedtronicYear: 2025Scope 1: 174,000 tCO2eRevenue: $M 33,537Scope 1 Intensity: 5.19 tCO2e/$MKoninklijke PhilipsYear: 2024Scope 1: 17,783 tCO2eRevenue: $M 18,753Scope 1 Intensity: 0.95 tCO2e/$MSiemens HealthineersYear: 2024Scope 1: 116,000 tCO2eRevenue: $M 24,979Scope 1 Intensity: 4.64 tCO2e/$MVarex ImagingYear: 2023Scope 1: 4,856 tCO2eRevenue: $M 893Scope 1 Intensity: 5.44 tCO2e/$MAvanos MedicalYear: 2023Scope 1: 1,787 tCO2eRevenue: $M 673Scope 1 Intensity: 2.65 tCO2e/$MIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MQuidelOrthoYear: 2023Scope 1: 22,544 tCO2eRevenue: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MEnovisYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 2,108Scope 1 Intensity: 1.10 tCO2e/$MInspire Medical SystemsYear: 2023Scope 1: 51 tCO2eRevenue: $M 625Scope 1 Intensity: 0.08 tCO2e/$MInteger HoldingsYear: 2023Scope 1: 7,066 tCO2eRevenue: $M 1,597Scope 1 Intensity: 4.43 tCO2e/$MBrukerYear: 2022Scope 1: 3,621 tCO2eRevenue: $M 2,531Scope 1 Intensity: 1.43 tCO2e/$MBio Rad LaboratoriesYear: 2023Scope 1: 10,563 tCO2eRevenue: $M 2,671Scope 1 Intensity: 3.95 tCO2e/$MGlaukosYear: 2024Scope 1: 523 tCO2eRevenue: $M 383Scope 1 Intensity: 1.36 tCO2e/$MInsuletYear: 2024Scope 1: 1,383 tCO2eRevenue: $M 2,072Scope 1 Intensity: 0.67 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MAbbott LaboratoriesYear: 2025Scope 1: 499,000 tCO2eRevenue: $M 44,328Scope 1 Intensity: 11.26 tCO2e/$MEdwards LifesciencesYear: 2024Scope 1: 15,682 tCO2eRevenue: $M 5,439Scope 1 Intensity: 2.88 tCO2e/$MGE Healthcare TechnologiesYear: 2024Scope 1: 104,974 tCO2eRevenue: $M 19,672Scope 1 Intensity: 5.34 tCO2e/$MStrykerYear: 2023Scope 1: 54,854 tCO2eRevenue: $M 20,498Scope 1 Intensity: 2.68 tCO2e/$MBoston ScientificYear: 2024Scope 1: 87,567 tCO2eRevenue: $M 16,747Scope 1 Intensity: 5.23 tCO2e/$M

How does Boston Scientific's GHG emissions intensity compare to its peers?

In 2024, Boston Scientific reported a Scope 1 emissions intensity of 5.23 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

Where does Boston Scientific rank on GHG emissions intensity within its industry?

In 2024, Boston Scientific ranked 17 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Boston Scientific 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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