Exact Sciences Corp

Common Name
Exact Sciences
Country
United States
Sector
Healthcare
Industry
Diagnostics & Research
Employees
6,900
Ticker
EXAS
Exchange
NASDAQ CAPITAL MARKET
Description
Exact Sciences Corp is a prominent biomedical and biotechnology company dedicated to the development, manufacturing, and marketing of proprietary diagnostic tests. Headquartered in Madison, Wisconsin,...

Exact Sciences's GHG Emissions Data Preview

In 2023, Exact Sciences 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).

Exact Sciences 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Exact Sciences's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Exact Sciences amounted to 31,109 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Exact Sciences increased by 19.01%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Exact Sciences's Scope 1 Emissions Over Time

20212022202303.5 k7 k10.5 k14 ktCO2e+2%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Exact Sciences's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Exact Sciences were 12,177 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Exact Sciences reduced its Scope 1 emissions over time?

Since 2021, Exact Sciences's Scope 1 emissions have increased by 1.21%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Exact Sciences's Scope 1 emissions remained relatively stable, indicating that Exact Sciences's emissions have plateaued with no significant change in its operational footprint.

What are Exact Sciences's Scope 2 emissions?

In 2023, Exact Sciences reported Scope 2 greenhouse gas (GHG) emissions of 17,957 tCOâ‚‚e using the market-based method, and 18,932 tCOâ‚‚e using the location-based method.

Has Exact Sciences reduced its Scope 2 emissions over time?

Since 2021, Exact Sciences's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 43.2%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Exact Sciences's Scope 2 emissions (Location-Based) rose by 36.24% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Exact Sciences use for Scope 2 reporting?

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

Exact Sciences's Scope 2 Emissions Over Time

20212022202305 k10 k15 k20 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Exact Sciences's Value Chain Emissions

In 2023, Exact Sciences reported 6,930 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Exact Sciences includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Exact Sciences's Scope 3 Emissions Over Time

2022202302.5 k5 k7.5 k10 ktCO2e-19%
  • Total Scope 3
  • Year-over-Year Change

What are Exact Sciences's Scope 3 emissions?

In 2023, Exact Sciences reported total Scope 3 emissions of 6,930 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Compared to the previous year (2022), Exact Sciences's Scope 3 emissions decreased by 19.18%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Exact Sciences disclose?

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

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

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

In 2023, the largest contributors to Exact Sciences's Scope 3 emissions were:

  • Business Travel (Cat. 6): 5,002 tCOâ‚‚e (72.18%)
  • Waste Generated in Operations (Cat. 5): 1,928 tCOâ‚‚e (27.82%)

Exact Sciences's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(72.2%)Waste Generated inOperations (Cat. 5)(27.8%)

Insights into Exact Sciences's Total Carbon Footprint

In 2023, Exact Sciences reported a total carbon footprint of 38,039 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.58% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Exact Sciences's total carbon footprint was Scope 2 emissions, accounting for 49.77% of the company's total carbon footprint, followed by Scope 1 emissions at 32.01%.

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