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Solventum Corp

Common Name
Solventum
Country
United States
Sector
Healthcare
Industry
Medical Instruments & Supplies
Employees
22,000
Ticker
SOLV
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Solventum Corporation is a leading American healthcare company that emerged as an independent entity following its spin-off from 3M in April 2024. Built on over 70 years of healthcare innovation, Solv...

Solventum's GHG Emissions Data Preview

In 2024, Solventum 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).

Solventum 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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a
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 Solventum’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 Solventum’s data sources below and access millions more through our Disclosure Search.

a. Solventum's Sustainability Report 2024
a. Solventum's Sustainability Report 2024

Insights into Solventum's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSolventum amounted to250,000metric 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 Solventumdecreased by 6.37%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Solventum's Scope 1 Emissions Over Time

2021202220232024040 k80 k120 k160 ktCO2e0%-6%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Solventum's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Solventum were 146,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Solventum reduced its Scope 1 emissions over time?

Since 2021, Solventum's Scope 1 emissions have decreased by 7.01%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Solventum's Scope 1 emissions remained relatively stable, indicating that Solventum's emissions have plateaued with no significant change in its operational footprint.a

What are Solventum's Scope 2 emissions?

In 2024, Solventum reported Scope 2 greenhouse gas (GHG) emissions of 63,300 tCOâ‚‚e using the market-based method and 104,000 tCOâ‚‚e using the location-based method.a

Has Solventum reduced its Scope 2 emissions over time?

Since 2021, Solventum's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 21.8%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Solventum's Scope 2 emissions(Location-Based) fell by 13.33% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Solventum use for Scope 2 reporting?

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

Solventum's Scope 2 Emissions Over Time

2021202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Solventum's Value Chain Emissions

In 2024, Solventum reported 1,720,000 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 Solventum includes a breakdown across 13of the 15 Scope 3 categories defined by the GHG Protocol,up from 9 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Solventum's Scope 3 Emissions Over Time

20212022202320240600 k1.2 M1.8 M2.4 MtCO2e-15%-17%+9%
  • Total Scope 3
  • Year-over-Year Change

What are Solventum's Scope 3 emissions?

In 2024, Solventum reported total Scope 3 emissions of 1,720,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 88.61%of these emissions originated from upstream activities such as purchased goods and capital goods, while 11.39%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Solventum reduced its Scope 3 emissions over time?

Since 2021, Solventum's Scope 3 emissionshave decreased by 22.87%, reflecting a declining long-term trend in Scope 3 emissions over time.a

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

What categories of Scope 3 emissions does Solventum disclose?

In 2024, Solventum 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 Solventum's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 1,090,000 tCOâ‚‚e(63.42%)
  • Upstream Transportation and Distribution (Cat. 4): 165,000 tCOâ‚‚e(9.6%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 155,000 tCOâ‚‚e(9.02%)

Solventum's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(9.6%)End-of-LifeTreatment of SoldProducts (Cat. 12)(9.0%)Purchased Goods andServices (Cat. 1)(63.4%)

Insights into Solventum’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Solventum reported Scope 1 greenhouse gas (GHG) emissions of 146,000 tCOâ‚‚e and total revenues of USD 8,254 millions. This translates into an emissions intensity of 17.69 tCOâ‚‚e per millions USD.a

Solventum's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,0001,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)ARSAzentaYear: 2024Scope 1: 4,147 tCO2eRevenue: $M 656Scope 1 Intensity: 6.32 tCO2e/$MResmedYear: 2025Scope 1: 3,957 tCO2eRevenue: $M 5,146Scope 1 Intensity: 0.77 tCO2e/$MAptargroupYear: 2024Scope 1: 24,805 tCO2eRevenue: $M 3,583Scope 1 Intensity: 6.92 tCO2e/$MAvantorYear: 2024Scope 1: 39,502 tCO2eRevenue: $M 6,784Scope 1 Intensity: 5.82 tCO2e/$MBecton Dickinson and CoYear: 2024Scope 1: 176,565 tCO2eRevenue: $M 20,178Scope 1 Intensity: 8.75 tCO2e/$MWest Pharmaceutical ServicesYear: 2024Scope 1: 31,327 tCO2eRevenue: $M 2,893Scope 1 Intensity: 10.83 tCO2e/$MCooper CompaniesYear: 2024Scope 1: 58,155 tCO2eRevenue: $M 3,895Scope 1 Intensity: 14.93 tCO2e/$MBrukerYear: 2022Scope 1: 3,621 tCO2eRevenue: $M 2,531Scope 1 Intensity: 1.43 tCO2e/$MAgilent TechnologiesYear: 2024Scope 1: 29,698 tCO2eRevenue: $M 6,510Scope 1 Intensity: 4.56 tCO2e/$MWarby ParkerYear: 2023Scope 1: 961 tCO2eRevenue: $M 670Scope 1 Intensity: 1.43 tCO2e/$MBaxter InternationalYear: 2024Scope 1: 324,000 tCO2eRevenue: $M 10,636Scope 1 Intensity: 30.46 tCO2e/$MDENTSPLY SIRONAYear: 2024Scope 1: 4,705 tCO2eRevenue: $M 3,793Scope 1 Intensity: 1.24 tCO2e/$MTeleflexYear: 2024Scope 1: 16,256 tCO2eRevenue: $M 3,047Scope 1 Intensity: 5.33 tCO2e/$MMerit Medical SystemsYear: 2024Scope 1: 2,875 tCO2eRevenue: $M 1,357Scope 1 Intensity: 2.12 tCO2e/$MWatersYear: 2023Scope 1: 12,660 tCO2eRevenue: $M 2,956Scope 1 Intensity: 4.28 tCO2e/$MAAAmneal PharmaceuticalsYear: 2024Scope 1: 40,500 tCO2eRevenue: $M 2,794Scope 1 Intensity: 14.50 tCO2e/$MElanco Animal HealthYear: 2024Scope 1: 175,807 tCO2eRevenue: $M 4,439Scope 1 Intensity: 39.61 tCO2e/$MOrganon & CoYear: 2024Scope 1: 34,200 tCO2eRevenue: $M 6,403Scope 1 Intensity: 5.34 tCO2e/$MVeeva SystemsYear: 2024Scope 1: 264 tCO2eRevenue: $M 2,747Scope 1 Intensity: 0.10 tCO2e/$MRRRevvityYear: 2024Scope 1: 2,468 tCO2eRevenue: $M 2,755Scope 1 Intensity: 0.90 tCO2e/$MCharles River LaboratoriesYear: 2023Scope 1: 85,723 tCO2eRevenue: $M 4,129Scope 1 Intensity: 20.76 tCO2e/$MRepligenYear: 2023Scope 1: 2,236 tCO2eRevenue: $M 632Scope 1 Intensity: 3.54 tCO2e/$MEnvista HoldingsYear: 2024Scope 1: 3,000 tCO2eRevenue: $M 2,511Scope 1 Intensity: 1.19 tCO2e/$MIntuitive SurgicalYear: 2024Scope 1: 8,105 tCO2eRevenue: $M 8,352Scope 1 Intensity: 0.97 tCO2e/$MHologicYear: 2024Scope 1: 7,050 tCO2eRevenue: $M 4,030Scope 1 Intensity: 1.75 tCO2e/$MSSSolventumYear: 2024Scope 1: 146,000 tCO2eRevenue: $M 8,254Scope 1 Intensity: 17.69 tCO2e/$M

How does Solventum's GHG emissions intensity compare to its peers?

In 2024, Solventum reported a Scope 1 emissions intensity of 17.69 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.56, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Solventum rank on GHG emissions intensity within its industry?

In 2024, Solventum ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Solventum among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Solventum's Total Carbon Footprint

In 2024, Solventum reported a total carbon footprint of 1,970,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.72% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Solventum's total carbon footprint was Scope 3 emissions, accounting for 87.31% of the company's total carbon footprint, followed by Scope 1 emissions at 7.41%.a

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