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's GHG Emissions Data Preview

In 2024, Thermo Fisher Scientific 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).

Thermo Fisher Scientific has also provided a category-level breakdown for 9 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Thermo Fisher Scientific amounted to 767,525 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Thermo Fisher Scientific increased by 1%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Thermo Fisher Scientific's Scope 1 Emissions Over Time

2018201920202021202220232024085 k170 k255 k340 ktCO2e+1%0%+7%+1%0%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Thermo Fisher Scientific's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Thermo Fisher Scientific were 315,843 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Thermo Fisher Scientific reduced its Scope 1 emissions over time?

Since 2018, Thermo Fisher Scientific's Scope 1 emissions have increased by 5.28%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Thermo Fisher Scientific's Scope 1 emissions decreased by 4.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Thermo Fisher Scientific's Scope 2 emissions?

In 2024, Thermo Fisher Scientific reported Scope 2 greenhouse gas (GHG) emissions of 241,105 tCOâ‚‚e using the market-based method and 451,682 tCOâ‚‚e using the location-based method.

Has Thermo Fisher Scientific reduced its Scope 2 emissions over time?

Since 2018, Thermo Fisher Scientific's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Thermo Fisher Scientific 's emissions have plateaued with no significant change in its energy consumption footprint.

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

What methodology does Thermo Fisher Scientific use for Scope 2 reporting?

In 2024, Thermo Fisher Scientific reported its Scope 2 emissions using the market-based method and using the location-based method.

Thermo Fisher Scientific's Scope 2 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Thermo Fisher Scientific's Value Chain Emissions

In 2024, Thermo Fisher Scientific reported 8,401,722 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Thermo Fisher Scientific includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Thermo Fisher Scientific's Scope 3 Emissions Over Time

2020202120222023202403.5 M7 M10.5 M14 MtCO2e+9%-5%-17%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Thermo Fisher Scientific's Scope 3 emissions?

In 2024, Thermo Fisher Scientific reported total Scope 3 emissions of 8,401,722 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 81.48% of these emissions originated from upstream activities such as purchased goods and capital goods, while 18.52% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2023), Thermo Fisher Scientific's Scope 3 emissions decreased by 12.15%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Thermo Fisher Scientific disclose?

In 2024, Thermo Fisher Scientific reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Thermo Fisher Scientific's Scope 3 emissions?

In 2024, the largest contributors to Thermo Fisher Scientific's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 4,893,687 tCOâ‚‚e (58.62%)
  • Use of Sold Products (Cat. 11): 1,546,447 tCOâ‚‚e (18.52%)
  • Upstream Transportation and Distribution (Cat. 4): 1,072,792 tCOâ‚‚e (12.85%)

Thermo Fisher Scientific's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(58.6%)Use of Sold Products(Cat. 11)(18.5%)UpstreamTransportation andDistribution(Cat. 4)(12.9%)

Insights into Thermo Fisher Scientific's Total Carbon Footprint

In 2024, Thermo Fisher Scientific reported a total carbon footprint of 9,169,247 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.18% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Thermo Fisher Scientific's total carbon footprint was Scope 3 emissions, accounting for 91.63% of the company's total carbon footprint, followed by Scope 2 emissions at 4.93%.

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