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Smith & Nephew PLC

Common Name
Smith & Nephew
Country
United Kingdom
Sector
Healthcare
Industry
Medical Devices
Employees
17,000
Ticker
SN.
Exchange
LONDON STOCK EXCHANGE
Description
Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally. It operates i...

Smith & Nephew's GHG Emissions Data Preview

In 2024, Smith & Nephew 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).

Smith & Nephew has also provided a category-level breakdown for 13 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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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Smith & Nephew’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 Smith & Nephew’s data sources below and access millions more through our Disclosure Search.

a. Smith & Nephew's Sustainability Report 2024
a. Smith & Nephew's Sustainability Report 2024

Insights into Smith & Nephew's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSmith & Nephew amounted to71,895metric 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 Smith & Nephewdecreased by 4.03%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Smith & Nephew's Scope 1 Emissions Over Time

20192020202120222023202404 k8 k12 k16 ktCO2e-1%+16%+7%+31%-20%
  • Total Scope 1
  • Year-over-Year Change

What are Smith & Nephew's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Smith & Nephew were 12,794 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Smith & Nephew reduced its Scope 1 emissions over time?

Since 2019, Smith & Nephew's Scope 1 emissions have increased by 29.39%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Smith & Nephew's Scope 1 emissions decreased by 19.54%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Smith & Nephew's Scope 2 emissions?

In 2024, Smith & Nephew reported Scope 2 greenhouse gas (GHG) emissions of 11,868 tCOâ‚‚e using the market-based method and 59,101 tCOâ‚‚e using the location-based method.a

Has Smith & Nephew reduced its Scope 2 emissions over time?

Since 2019, Smith & Nephew's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 12.21%, reflecting a declining long-term trend in Scope 2 emissions over time.a

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

What methodology does Smith & Nephew use for Scope 2 reporting?

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

Smith & Nephew's Scope 2 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Smith & Nephew's Value Chain Emissions

In 2024, Smith & Nephew reported 667,620 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 Smith & Nephew includes a breakdown across 13of the 15 Scope 3 categories defined by the GHG Protocol,up from 12 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Smith & Nephew's Scope 3 Emissions Over Time

20212022202320240450 k900 k1.35 M1.8 MtCO2e-14%-8%-48%
  • Total Scope 3
  • Year-over-Year Change

What are Smith & Nephew's Scope 3 emissions?

In 2024, Smith & Nephew reported total Scope 3 emissions of 667,620 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 96.94%of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.06%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Smith & Nephew's Scope 3 emissions decreased by 47.68%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Smith & Nephew disclose?

In 2024, Smith & Nephew reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Smith & Nephew's Scope 3 emissions?

In 2024, the largest contributors to Smith & Nephew's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 490,310 tCOâ‚‚e(73.44%)
  • Upstream Transportation and Distribution (Cat. 4): 77,896 tCOâ‚‚e(11.67%)
  • Business Travel (Cat. 6): 23,240 tCOâ‚‚e(3.48%)

Smith & Nephew's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(11.7%)Business Travel(Cat. 6)(3.5%)Purchased Goods andServices (Cat. 1)(73.4%)

Insights into Smith & Nephew’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Smith & Nephew reported Scope 1 greenhouse gas (GHG) emissions of 12,794 tCOâ‚‚e and total revenues of USD 4,290 millions. This translates into an emissions intensity of 2.98 tCOâ‚‚e per millions USD.a

Smith & Nephew's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)201001,0005,00050,000Revenues (Millions of USD)IISnibeYear: 2023Scope 1: 210 tCO2eRevenue: $M 553Scope 1 Intensity: 0.38 tCO2e/$MEnovisYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 2,108Scope 1 Intensity: 1.10 tCO2e/$MInsuletYear: 2024Scope 1: 1,383 tCO2eRevenue: $M 2,072Scope 1 Intensity: 0.67 tCO2e/$MBio Rad LaboratoriesYear: 2023Scope 1: 10,563 tCO2eRevenue: $M 2,671Scope 1 Intensity: 3.95 tCO2e/$MDemantYear: 2024Scope 1: 14,645 tCO2eRevenue: $M 3,124Scope 1 Intensity: 4.69 tCO2e/$MSysmexYear: 2024Scope 1: 13,449 tCO2eRevenue: $M 3,047Scope 1 Intensity: 4.41 tCO2e/$MBrukerYear: 2022Scope 1: 3,621 tCO2eRevenue: $M 2,531Scope 1 Intensity: 1.43 tCO2e/$MEckert & ZieglerYear: 2024Scope 1: 1,165 tCO2eRevenue: $M 308Scope 1 Intensity: 3.78 tCO2e/$MVenus Medtech HangzhouYear: 2024Scope 1: 31 tCO2eRevenue: $M 71Scope 1 Intensity: 0.44 tCO2e/$MUnited ImagingYear: 2024Scope 1: 3,123 tCO2eRevenue: $M 1,411Scope 1 Intensity: 2.21 tCO2e/$MEl EnYear: 2024Scope 1: 2,131 tCO2eRevenue: $M 589Scope 1 Intensity: 3.62 tCO2e/$MLivaNovaYear: 2024Scope 1: 14,173 tCO2eRevenue: $M 1,253Scope 1 Intensity: 11.31 tCO2e/$MIIInspiration Healthcare GroupYear: 2024Scope 1: 35 tCO2eRevenue: $M 48Scope 1 Intensity: 0.74 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MAvanos MedicalYear: 2023Scope 1: 1,787 tCO2eRevenue: $M 673Scope 1 Intensity: 2.65 tCO2e/$MYuwellYear: 2023Scope 1: 2,201 tCO2eRevenue: $M 1,122Scope 1 Intensity: 1.96 tCO2e/$MGetingeYear: 2024Scope 1: 12,710 tCO2eRevenue: $M 3,154Scope 1 Intensity: 4.03 tCO2e/$MIIIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MBoston ScientificYear: 2024Scope 1: 87,567 tCO2eRevenue: $M 16,747Scope 1 Intensity: 5.23 tCO2e/$MQuidelOrthoYear: 2023Scope 1: 22,544 tCO2eRevenue: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MGN Store NordYear: 2024Scope 1: 2,748 tCO2eRevenue: $M 2,506Scope 1 Intensity: 1.10 tCO2e/$MSmith & NephewYear: 2024Scope 1: 12,794 tCO2eRevenue: $M 4,290Scope 1 Intensity: 2.98 tCO2e/$M

How does Smith & Nephew's GHG emissions intensity compare to its peers?

In 2024, Smith & Nephew reported a Scope 1 emissions intensity of 2.98 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.43, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Smith & Nephew rank on GHG emissions intensity within its industry?

In 2024, Smith & Nephew ranked 13 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Smith & Nephew's Total Carbon Footprint

In 2024, Smith & Nephew reported a total carbon footprint of 739,515 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 45.26% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Smith & Nephew's total carbon footprint was Scope 3 emissions, accounting for 90.28% of the company's total carbon footprint, followed by Scope 2 emissions at 7.99%.a

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