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Laboratory Corporation of America Holdings

Common Name
Labcorp
Country
United States
Sector
Healthcare
Industry
Diagnostics & Research
Employees
67,000
Ticker
LH
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Labcorp Holdings Inc. provides laboratory services. It operates through two segments, Diagnostics Laboratories and Biopharma Laboratory Services. The company offers various tests, such as blood chemis...

Labcorp's GHG Emissions Data Preview

In 2024, Labcorp 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).

Labcorp has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 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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Limited Data Preview
You are viewing a limited preview of Labcorp’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Labcorp’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 Labcorp’s data sources below and access millions more through our Disclosure Search.

a. Labcorp's Corporate Responsibility Report (CRR) 2024
b. Labcorp's Corporate Responsibility Report (CRR) 2021

Insights into Labcorp's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Labcorp amounted to 339,117 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 Labcorp increased by 0.27%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Labcorp's Scope 1 Emissions Over Time

201920202021202220232024050 k100 k150 k200 ktCO2e+6%-4%+7%+2%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Labcorp's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Labcorp were 187,455 metric tons of CO₂ equivalent (tCO₂e).a

Has Labcorp reduced its Scope 1 emissions over time?

Since 2019, Labcorp's Scope 1 emissions have increased by 13.94%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Labcorp's Scope 1 emissions increased by 2.85%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Labcorp's Scope 2 emissions?

In 2024, Labcorp reported Scope 2 greenhouse gas (GHG) emissions of 126,346 tCO₂e using the market-based method and 151,662 tCO₂e using the location-based method.a

Has Labcorp reduced its Scope 2 emissions over time?

Since 2019, Labcorp's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 13.07%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

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

What methodology does Labcorp use for Scope 2 reporting?

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

Labcorp's Scope 2 Emissions Over Time

201920202021202220232024050 k100 k150 k200 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Labcorp's Value Chain Emissions

In 2024, Labcorp reported 1,003,783 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 Labcorp includes a breakdown across 4 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

Labcorp's Scope 3 Emissions Over Time

2019202020212022202320240300 k600 k900 k1.2 MtCO2e+1759%+24%-15%+10%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Labcorp's Scope 3 emissions?

In 2024, Labcorp reported total Scope 3 emissions of 1,003,783 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

Has Labcorp reduced its Scope 3 emissions over time?

Since 2019, Labcorp's Scope 3 emissions have increased by 1,951.97%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Labcorp's Scope 3 emissions remained relatively stable, indicating that Labcorp's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Labcorp disclose?

In 2024, Labcorp reported emissions for 4 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 Labcorp's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 543,229 tCO₂e (54.12%)
  • Upstream Transportation and Distribution (Cat. 4): 289,334 tCO₂e (28.82%)
  • Downstream Transportation and Distribution (Cat. 9): 96,756 tCO₂e (9.64%)

Labcorp's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(54.1%)DownstreamTransportation andDistribution(Cat. 9)(9.6%)UpstreamTransportation andDistribution(Cat. 4)(28.8%)

Insights into Labcorp's Total Carbon Footprint

In 2024, Labcorp reported a total carbon footprint of 1,342,900 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.29% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Labcorp's total carbon footprint was Scope 3 emissions, accounting for 74.75% of the company's total carbon footprint, followed by Scope 1 emissions at 13.96%.a

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