Laboratory Corporation of America Holdings
Labcorp's Climate Target Data Preview
As of 2024, Labcorp has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, 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 Labcorp's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9) | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Verified Sources Behind Labcorp’s Climate Targets Data
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Insights into Labcorp's Greenhouse Gas Emissions Pathways
As of 2024, Labcorp 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.a
Does Labcorp have a target to reduce the emissions from its operations?
As of 2024, Labcorp has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Labcorp's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 349,779 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
As of 2024, Labcorp is lagging behind on its operational emissions reduction target, having achieved 24.5% of the planned reduction.a
Labcorp's Operational (Scope 1+2) Emissions Pathway
Does Labcorp have a target to reduce the emissions from its value chain?
As of 2024, Labcorp has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Labcorp's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 909,611 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
Instead of reducing value chain emissions, Labcorp has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.a