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Laboratory Corporation of America Holdings
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified 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.
Insights into Labcorp's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofLabcorp amounted to339,117metric 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 Labcorpincreased 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e using the market-based method and 151,662 tCOâ‚‚e 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e) 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 4of 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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 emissionshave 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 tCOâ‚‚e(54.12%)
- Upstream Transportation and Distribution (Cat. 4): 289,334 tCOâ‚‚e(28.82%)
- Downstream Transportation and Distribution (Cat. 9): 96,756 tCOâ‚‚e(9.64%)
Labcorp's Scope 3 Emissions by Categories
Insights into Labcorp's Total Carbon Footprint
In 2024, Labcorp reported a total carbon footprint of 1,342,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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