Thermo Fisher Scientific Inc

Common Name
Thermo Fisher Scientific
Country
United States
Sector
Healthcare
Industry
Diagnostics & Research
Employees
125,000
Ticker
TMO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Thermo Fisher Scientific Inc. is a world-leading biotechnology company that provides essential tools and services for life sciences, biotechnology, pharmaceutical, and healthcare industries. Renowned ...

Thermo Fisher Scientific Energy Data Preview

In 2023, Thermo Fisher Scientific disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Thermo Fisher Scientific also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Thermo Fisher Scientific also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Thermo Fisher Scientific also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Thermo Fisher Scientific's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Thermo Fisher Scientific's Energy Renewability

In 2023, Thermo Fisher Scientific consumed a total of 10.16 million Gigajoules of energy across its operations. Of this total, 19.03% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 80.97% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Thermo Fisher Scientific's Energy Renewability Rate

19%

How much of Thermo Fisher Scientific's energy consumed is renewable?

In 2023, Thermo Fisher Scientific consumed a total of 10.16 million Gigajoules of energy, of which 19.03% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Thermo Fisher Scientific has considerable room to improve its energy sustainability strategy.

Are Thermo Fisher Scientific's energy practices becoming more sustainable?

Since 2021, Thermo Fisher Scientific's total energy consumption increased by 1.26%, but remained relatively stable in 2023, possibly indicating a plateau in energy growth.

Over the same period, the share of renewable energy in Thermo Fisher Scientific's consumption increased by 47.99%, including a 18.11% increase in 2023, showing consistent progress in clean energy adoption.

Overall, Thermo Fisher Scientific’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Thermo Fisher Scientific's Renewable vs Non-renewable Energy Over Time

9.62 M4.62 M381.61 k9.62 MGigajoules (GJ)20212022202313%16%19%87%84%81%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Thermo Fisher Scientific's Energy Consumption & Production Mix

In 2023, Thermo Fisher Scientific disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Thermo Fisher Scientific's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Thermo Fisher Scientific's Energy Consumed by Sources and Technologies

Diesel, Gasoline(Petrol), OtherGaseous Fuel andOther Oil Products(36.0%)Solar Energy,Electricity(Unspecified Source)and Wind Energy(31.6%)Electricity(Unspecified Source)(31.3%)

What are the main sources and generation technologies behind Thermo Fisher Scientific's energy consumption?

In 2023, Thermo Fisher Scientific's total energy consumption was primarily sourced from

  • Diesel, Gasoline (Petrol), Other Gaseous Fuel and Other Oil Products (35.99%)
  • Solar Energy, Electricity (Unspecified Source) and Wind Energy (31.56%)
  • Electricity (Unspecified Source) (31.29%)

How diverse is Thermo Fisher Scientific’s energy consumption mix?

In 2023, Thermo Fisher Scientific consumed energy from 6 different sources or generation technologies, indicating a well-diversified energy mix without excessive reliance on a single input.

What are the main sources or generation technologies used by Thermo Fisher Scientific to produce energy?

In 2023, Thermo Fisher Scientific's energy production came primarily from

  • Solar Energy and Wind Energy (100%)

How diverse is Thermo Fisher Scientific’s energy production mix?

In 2023, Thermo Fisher Scientific produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy and Wind Energy alone making up 100% of total output.

Thermo Fisher Scientific's Energy Produced by Sources and Technologies

Solar Energy andWind Energy(100.0%)

Insights into Thermo Fisher Scientific's Energy Inflows & Self-Sufficiency

In 2023, Thermo Fisher Scientific reported total energy inflows of 1.95 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 1.89 million Gigajoules purchased from external suppliers and 53,506.8 Gigajoules generated through internal production. This corresponds to a production share of 2.75%, reflecting a 5.18% percentage point decrease from the previous year (2022) and a 111.94% percentage point decrease since 2021.

Although Thermo Fisher Scientific's production share has remained steady in the most recent year, it has declined compared to earlier periods. This suggests a long-term trend toward reduced self-production, possibly reflecting changing investment priorities or greater reliance on external supply networks.

Thermo Fisher Scientific's Energy Purchased vs Produced Over Time

2021202220230500 k1 M1.5 M2 MGigajoules (GJ)96%97%97%
  • Total Energy Produced
  • Total Energy Purchased
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