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 2024, 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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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 Exact Sciences’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Exact Sciences’s data sources below and access millions more through our Disclosure Search.

a. Exact Sciences's Responsible Business Report 2024
a. Exact Sciences's Responsible Business Report 2024
b. Exact Sciences's ESG Report 2023
b. Exact Sciences's ESG Report 2023

Insights into Exact Sciences's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Exact Sciences amounted to 31,690 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 Exact Sciences increased by 1.87%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Exact Sciences's Scope 1 Emissions Over Time

202120222023202403.5 k7 k10.5 k14 ktCO2e+2%-1%0%
  • Total Scope 1
  • Year-over-Year Change

What are Exact Sciences's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Exact Sciences were 12,121 metric tons of CO₂ equivalent (tCO₂e). a

Has Exact Sciences reduced its Scope 1 emissions over time?

Since 2021, Exact Sciences's Scope 1 emissions have remained relatively, stable, indicating that Exact Sciences's emissions have plateaued with no significant change in its operational footprint. a b

Compared to the previous year (2023), 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. a

What are Exact Sciences's Scope 2 emissions?

In 2024, Exact Sciences reported Scope 2 greenhouse gas (GHG) emissions of 18,821 tCO₂e using the market-based method and 19,569 tCO₂e using the location-based method. a

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 48.01%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Exact Sciences's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Exact Sciences 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Exact Sciences use for Scope 2 reporting?

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

Exact Sciences's Scope 2 Emissions Over Time

202120222023202405 k10 k15 k20 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Exact Sciences's Value Chain Emissions

In 2024, Exact Sciences reported 55,681 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 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Exact Sciences's Scope 3 Emissions Over Time

202220232024015 k30 k45 k60 ktCO2e+381%+35%
  • Total Scope 3
  • Year-over-Year Change

What are Exact Sciences's Scope 3 emissions?

In 2024, Exact Sciences reported total Scope 3 emissions of 55,681 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

Compared to the previous year (2023), Exact Sciences's Scope 3 emissions increased by 35.07%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Exact Sciences disclose?

In 2024, Exact Sciences 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 Exact Sciences's Scope 3 emissions?

In 2024, the largest contributors to Exact Sciences's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 6,348 tCO₂e (89.28%)
  • Waste Generated in Operations (Cat. 5): 762 tCO₂e (10.72%)

Exact Sciences's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(10.7%)Business Travel(Cat. 6)(89.3%)

Insights into Exact Sciences’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Exact Sciences reported Scope 1 greenhouse gas (GHG) emissions of 12,121 tCO₂e and total revenues of USD 2,759 millions. This translates into an emissions intensity of 4.39 tCO₂e per millions USD. a

Exact Sciences's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0001,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)RTBio-TechneYear: 2023Scope 1: 3,001 tCO2eRevenue: $M 1,137Scope 1 Intensity: 2.64 tCO2e/$MIQVIA HoldingsYear: 2023Scope 1: 8,221 tCO2eRevenue: $M 14,983Scope 1 Intensity: 0.55 tCO2e/$MVeracyteYear: 2023Scope 1: 448 tCO2eRevenue: $M 361Scope 1 Intensity: 1.24 tCO2e/$MBio Rad LaboratoriesYear: 2022Scope 1: 21,216 tCO2eRevenue: $M 2,802Scope 1 Intensity: 7.57 tCO2e/$MDanaherYear: 2024Scope 1: 109,046 tCO2eRevenue: $M 23,875Scope 1 Intensity: 4.57 tCO2e/$MWest Pharmaceutical ServicesYear: 2024Scope 1: 31,327 tCO2eRevenue: $M 2,893Scope 1 Intensity: 10.83 tCO2e/$MCooper CompaniesYear: 2024Scope 1: 58,155 tCO2eRevenue: $M 3,895Scope 1 Intensity: 14.93 tCO2e/$MMettler-Toledo InternationalYear: 2024Scope 1: 27,797 tCO2eRevenue: $M 3,872Scope 1 Intensity: 7.18 tCO2e/$MGuardant HealthYear: 2023Scope 1: 1,659 tCO2eRevenue: $M 564Scope 1 Intensity: 2.94 tCO2e/$MIlluminaYear: 2024Scope 1: 18,836 tCO2eRevenue: $M 4,372Scope 1 Intensity: 4.31 tCO2e/$MAgilent TechnologiesYear: 2024Scope 1: 29,698 tCO2eRevenue: $M 6,510Scope 1 Intensity: 4.56 tCO2e/$MQuest DiagnosticsYear: 2021Scope 1: 238,910 tCO2eRevenue: $M 10,788Scope 1 Intensity: 22.15 tCO2e/$MWatersYear: 2023Scope 1: 12,660 tCO2eRevenue: $M 2,956Scope 1 Intensity: 4.28 tCO2e/$MSotera HealthYear: 2023Scope 1: 39,206 tCO2eRevenue: $M 1,049Scope 1 Intensity: 37.36 tCO2e/$MElanco Animal HealthYear: 2024Scope 1: 175,807 tCO2eRevenue: $M 4,439Scope 1 Intensity: 39.61 tCO2e/$MThermo Fisher ScientificYear: 2024Scope 1: 315,843 tCO2eRevenue: $M 42,879Scope 1 Intensity: 7.37 tCO2e/$MRRRevvityYear: 2023Scope 1: 2,121 tCO2eRevenue: $M 2,751Scope 1 Intensity: 0.77 tCO2e/$MTTTwist BioscienceYear: 2024Scope 1: 7 tCO2eRevenue: $M 313Scope 1 Intensity: 0.02 tCO2e/$MCharles River LaboratoriesYear: 2023Scope 1: 85,957 tCO2eRevenue: $M 4,129Scope 1 Intensity: 20.82 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MIDEXX LaboratoriesYear: 2024Scope 1: 18,461 tCO2eRevenue: $M 3,898Scope 1 Intensity: 4.74 tCO2e/$MDexcomYear: 2023Scope 1: 5,383 tCO2eRevenue: $M 3,622Scope 1 Intensity: 1.49 tCO2e/$MHologicYear: 2024Scope 1: 7,050 tCO2eRevenue: $M 4,030Scope 1 Intensity: 1.75 tCO2e/$MNateraYear: 2024Scope 1: 5,143 tCO2eRevenue: $M 1,697Scope 1 Intensity: 3.03 tCO2e/$MExact SciencesYear: 2024Scope 1: 12,121 tCO2eRevenue: $M 2,759Scope 1 Intensity: 4.39 tCO2e/$M

How does Exact Sciences's GHG emissions intensity compare to its peers?

In 2024, Exact Sciences reported a Scope 1 emissions intensity of 4.39 tCO₂e per millions USD. Compared to the peer group median of 4.44 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Exact Sciences rank on GHG emissions intensity within its industry?

In 2024, Exact Sciences ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Exact Sciences is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Exact Sciences's Total Carbon Footprint

In 2024, Exact Sciences reported a total carbon footprint of 87,371 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.79% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Exact Sciences's total carbon footprint was Scope 3 emissions, accounting for 63.73% of the company's total carbon footprint, followed by Scope 2 emissions at 22.4%. a

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