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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Smith & Nephew amounted to 71,895 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 Smith & Nephew decreased by 4.03%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Smith & Nephew were 12,794 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Smith & Nephew's Scope 1 emissions have increased by 28.51%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
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
In 2024, Smith & Nephew reported Scope 2 greenhouse gas (GHG) emissions of 11,868 tCO₂e using the market-based method and 59,101 tCO₂e using the location-based method. a
Since 2018, Smith & Nephew's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 12.94%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
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
In 2024, Smith & Nephew reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Smith & Nephew reported 667,620 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 Smith & Nephew includes a breakdown across 13 of 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 chain a
In 2024, Smith & Nephew reported total Scope 3 emissions of 667,620 metric tons of CO₂ equivalent (tCO₂e). 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
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.
In 2024, the largest contributors to Smith & Nephew's Scope 3 emissions were: a
In 2024, Smith & Nephew reported Scope 1 greenhouse gas (GHG) emissions of 12,794 tCO₂e and total revenues of USD 4,290 millions. This translates into an emissions intensity of 2.98 tCO₂e per millions USD. a
In 2024, Smith & Nephew reported a Scope 1 emissions intensity of 2.98 tCO₂e per millions USD. Compared to the peer group median of 1.96 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Smith & Nephew ranked 11 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
In 2024, Smith & Nephew reported a total carbon footprint of 739,515 metric tons of CO₂ equivalent (tCO₂e) 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