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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) | 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 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
In 2024, the total Scope 1 emissions of Solventum were 146,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
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
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
In 2024, Solventum reported its Scope 2 emissions using the market-based method and using the location-based method.a
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
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
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
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.
In 2024, the largest contributors to Solventum's Scope 3 emissions were:a
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
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
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
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