IQVIA Holdings Inc

Common Name
IQVIA Holdings
Country
United States
Sector
Healthcare
Industry
Diagnostics & Research
Employees
91,000
Ticker
IQV
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
IQVIA Holdings Inc. is a leading global provider of technology solutions, advanced analytics, and clinical research services, primarily serving the life sciences and healthcare industries. The company...

IQVIA Holdings's GHG Emissions Data Preview

In 2023, IQVIA Holdings 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).

However, IQVIA Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind IQVIA Holdings’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 IQVIA Holdings’s data sources below and access millions more through our Disclosure Search.

a. IQVIA Holdings's Sustainability Report 2024
a. IQVIA Holdings's Sustainability Report 2024
b. IQVIA Holdings's ESG Report 2021
b. IQVIA Holdings's ESG Report 2021

Insights into IQVIA Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of IQVIA Holdings amounted to 38,575 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 IQVIA Holdings decreased by 14.91%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

IQVIA Holdings's Scope 1 Emissions Over Time

20182019202020212022202309.5 k19 k28.5 k38 ktCO2e-90%+14%+81%+31%-17%
  • Total Scope 1
  • Year-over-Year Change

What are IQVIA Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of IQVIA Holdings were 8,221 metric tons of CO₂ equivalent (tCO₂e). a

Has IQVIA Holdings reduced its Scope 1 emissions over time?

Since 2018, IQVIA Holdings's Scope 1 emissions have decreased by 77.98%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), IQVIA Holdings's Scope 1 emissions decreased by 16.98%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are IQVIA Holdings's Scope 2 emissions?

In 2023, IQVIA Holdings reported Scope 2 greenhouse gas (GHG) emissions of 28,714 tCO₂e using the market-based method and 30,354 tCO₂e using the location-based method. a

Has IQVIA Holdings reduced its Scope 2 emissions over time?

Compared to the previous year (2022), IQVIA Holdings's Scope 2 emissions (Location-Based) fell by 14.32% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does IQVIA Holdings use for Scope 2 reporting?

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

IQVIA Holdings's Scope 2 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into IQVIA Holdings's Value Chain Emissions

In 2023, IQVIA Holdings reported 489,263 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 IQVIA Holdings includes a breakdown across 0 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. a

IQVIA Holdings's Scope 3 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e+507%-13%+4%-15%+15%
  • Total Scope 3
  • Year-over-Year Change

What are IQVIA Holdings's Scope 3 emissions?

In 2023, IQVIA Holdings reported total Scope 3 emissions of 489,263 metric tons of CO₂ equivalent (tCO₂e). a

Has IQVIA Holdings reduced its Scope 3 emissions over time?

Since 2018, IQVIA Holdings's Scope 3 emissions have increased by 438.41%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), IQVIA Holdings's Scope 3 emissions increased by 15.48%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into IQVIA Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2023, IQVIA Holdings reported Scope 1 greenhouse gas (GHG) emissions of 8,221 tCO₂e and total revenues of USD 14,983 millions. This translates into an emissions intensity of 0.55 tCO₂e per millions USD. a

IQVIA Holdings's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0002,000,000Scope 1 Emissions (tCO2e)1001,00010,000100,0001,000,000Revenues (Millions of USD)RTVeracyteYear: 2023Scope 1: 448 tCO2eRevenue: $M 361Scope 1 Intensity: 1.24 tCO2e/$MAbbott LaboratoriesYear: 2024Scope 1: 502,000 tCO2eRevenue: $M 41,950Scope 1 Intensity: 11.97 tCO2e/$MExact SciencesYear: 2024Scope 1: 12,121 tCO2eRevenue: $M 2,759Scope 1 Intensity: 4.39 tCO2e/$MDanaherYear: 2024Scope 1: 109,046 tCO2eRevenue: $M 23,875Scope 1 Intensity: 4.57 tCO2e/$MBecton Dickinson and CoYear: 2023Scope 1: 162,475 tCO2eRevenue: $M 19,372Scope 1 Intensity: 8.39 tCO2e/$MGilead SciencesYear: 2024Scope 1: 53,856 tCO2eRevenue: $M 28,754Scope 1 Intensity: 1.87 tCO2e/$MMettler-Toledo InternationalYear: 2024Scope 1: 27,797 tCO2eRevenue: $M 3,872Scope 1 Intensity: 7.18 tCO2e/$MZoetisYear: 2023Scope 1: 111,637 tCO2eRevenue: $M 8,544Scope 1 Intensity: 13.07 tCO2e/$MGuardant HealthYear: 2023Scope 1: 1,659 tCO2eRevenue: $M 564Scope 1 Intensity: 2.94 tCO2e/$MMcKessonYear: 2024Scope 1: 79,848 tCO2eRevenue: $M 309,009Scope 1 Intensity: 0.26 tCO2e/$MIlluminaYear: 2024Scope 1: 18,836 tCO2eRevenue: $M 4,372Scope 1 Intensity: 4.31 tCO2e/$MAgilent TechnologiesYear: 2024Scope 1: 29,698 tCO2eRevenue: $M 6,510Scope 1 Intensity: 4.56 tCO2e/$MGE Healthcare TechnologiesYear: 2024Scope 1: 104,974 tCO2eRevenue: $M 19,672Scope 1 Intensity: 5.34 tCO2e/$MQuest DiagnosticsYear: 2021Scope 1: 238,910 tCO2eRevenue: $M 10,788Scope 1 Intensity: 22.15 tCO2e/$MWatersYear: 2023Scope 1: 12,660 tCO2eRevenue: $M 2,956Scope 1 Intensity: 4.28 tCO2e/$MAmgenYear: 2024Scope 1: 147,000 tCO2eRevenue: $M 33,424Scope 1 Intensity: 4.40 tCO2e/$MSotera HealthYear: 2023Scope 1: 39,206 tCO2eRevenue: $M 1,049Scope 1 Intensity: 37.36 tCO2e/$MStrykerYear: 2023Scope 1: 54,854 tCO2eRevenue: $M 20,498Scope 1 Intensity: 2.68 tCO2e/$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: $M 4,129Scope 1 Intensity: 20.82 tCO2e/$MIDEXX LaboratoriesYear: 2024Scope 1: 18,461 tCO2eRevenue: $M 3,898Scope 1 Intensity: 4.74 tCO2e/$MNateraYear: 2024Scope 1: 5,143 tCO2eRevenue: $M 1,697Scope 1 Intensity: 3.03 tCO2e/$MIQVIA HoldingsYear: 2023Scope 1: 8,221 tCO2eRevenue: $M 14,983Scope 1 Intensity: 0.55 tCO2e/$M

How does IQVIA Holdings's GHG emissions intensity compare to its peers?

In 2023, IQVIA Holdings reported a Scope 1 emissions intensity of 0.55 tCO₂e per millions USD. Compared to the peer group median of 4.48 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does IQVIA Holdings rank on GHG emissions intensity within its industry?

In 2023, IQVIA Holdings ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places IQVIA Holdings among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into IQVIA Holdings's Total Carbon Footprint

In 2023, IQVIA Holdings reported a total carbon footprint of 527,838 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.54% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to IQVIA Holdings's total carbon footprint was Scope 3 emissions, accounting for 92.69% of the company's total carbon footprint, followed by Scope 2 emissions at 5.75%. a

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