As of 2024, Edwards Lifesciences has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Edwards Lifesciences ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
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Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Value Added | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2024, Edwards Lifesciences has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2024, Edwards Lifesciences has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Edwards Lifesciences's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 45,873 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.
As of 2024, Edwards Lifesciences is ahead of schedule on its operational emissions reduction target, having achieved 40.48% of the planned reduction.
As of 2024, Edwards Lifesciences has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 7 out of the 15 Scope 3 categories defined by the GHG Protocol.
Edwards Lifesciences's most ambitious value chain target is to reduce these emissions by 51.6% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Value Added in 2021.
Instead of reducing value chain emissions, Edwards Lifesciences has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.