Dexcom Inc

Common Name
Dexcom
Country
United States
Sector
Healthcare
Industry
Medical Devices
Employees
10,200
Ticker
DXCM
Exchange
NASDAQ/NGS
Description
Dexcom Inc. is a prominent player in the medical technology sector, specializing in continuous glucose monitoring (CGM) systems for diabetes management. The company's primary function is to develop an...

Dexcom's GHG Emissions Data Preview

In 2023, Dexcom 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Dexcom has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Dexcom’s Greenhouse Gas (GHG) Emissions Data

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a. Dexcom's Sustainability Report 2024
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Insights into Dexcom's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Dexcom amounted to 29,662 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 Dexcom increased by 88.63%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Dexcom's Scope 1 Emissions Over Time

202020212022202301.5 k3 k4.5 k6 ktCO2e+58%+5%+70%
  • Total Scope 1
  • Year-over-Year Change

What are Dexcom's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Dexcom were 5,383 metric tons of CO₂ equivalent (tCO₂e). a

Has Dexcom reduced its Scope 1 emissions over time?

Since 2020, Dexcom's Scope 1 emissions have increased by 182.87%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Dexcom's Scope 1 emissions increased by 69.92%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Dexcom's Scope 2 emissions?

In 2023, Dexcom reported Scope 2 greenhouse gas (GHG) emissions of 25,291 tCO₂e using the market-based method and 24,279 tCO₂e using the location-based method. a

Has Dexcom reduced its Scope 2 emissions over time?

Since 2020, Dexcom's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 163.87%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Dexcom's Scope 2 emissions (Location-Based) rose by 93.35% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Dexcom use for Scope 2 reporting?

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

Dexcom's Scope 2 Emissions Over Time

202020212022202306.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Dexcom's Value Chain Emissions

In 2023, Dexcom reported 7,524 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Dexcom includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Dexcom's Scope 3 Emissions Over Time

202020212022202302 k4 k6 k8 ktCO2e+26%+10%+330%
  • Total Scope 3
  • Year-over-Year Change

What are Dexcom's Scope 3 emissions?

In 2023, Dexcom reported total Scope 3 emissions of 7,524 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Dexcom reduced its Scope 3 emissions over time?

Since 2020, Dexcom's Scope 3 emissions have increased by 498.57%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Dexcom's Scope 3 emissions increased by 330.19%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Dexcom disclose?

In 2023, Dexcom reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Dexcom's Scope 3 emissions?

In 2023, the largest contributors to Dexcom's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 5,748 tCO₂e (76.4%)
  • Waste Generated in Operations (Cat. 5): 1,776 tCO₂e (23.6%)

Dexcom's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(23.6%)Business Travel(Cat. 6)(76.4%)

Insights into Dexcom's Total Carbon Footprint

In 2023, Dexcom reported a total carbon footprint of 37,186 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 112.81% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Dexcom's total carbon footprint was Scope 2 emissions, accounting for 65.29% of the company's total carbon footprint, followed by Scope 3 emissions at 20.23%. a

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