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Varex Imaging Corp

Common Name
Varex Imaging
Country
United States
Sector
Healthcare
Industry
Medical Devices
Employees
2,400
Ticker
VREX
Exchange
NASDAQ/NGS
Description
Varex Imaging Corporation is a prominent company in the manufacturing and development of X-ray imaging components and solutions. Serving both medical and industrial sectors, Varex provides critical co...

Varex Imaging's GHG Emissions Data Preview

In 2023, Varex Imaging 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) and Scope 2 (indirect emissions from purchased energy).

However, Varex Imaging has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)202320222021
2020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Varex Imaging’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Varex Imaging’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 Varex Imaging’s data sources below and access millions more through our Disclosure Search.

a. Varex Imaging's Sustainability Report 2023
b. Varex Imaging's ESG Report 2020
c. Varex Imaging's Sustainability Report 2019

Insights into Varex Imaging's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Varex Imaging amounted to 16,581 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 2020, the total operational greenhouse gas (GHG) emissions of Varex Imaging decreased by 14.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Varex Imaging's Scope 1 Emissions Over Time

20192020202302.5 k5 k7.5 k10 ktCO2e-23%-22%
  • Total Scope 1
  • Year-over-Year Change

What are Varex Imaging's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Varex Imaging were 4,856 metric tons of CO₂ equivalent (tCO₂e).a

Has Varex Imaging reduced its Scope 1 emissions over time?

Since 2019, Varex Imaging's Scope 1 emissions have decreased by 40.04%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year (2020), Varex Imaging's Scope 1 emissions decreased by 22.28%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Varex Imaging's Scope 2 emissions?

In 2023, Varex Imaging reported Scope 2 greenhouse gas (GHG) emissions of 11,725 tCO₂e using the location-based method.a

What methodology does Varex Imaging use for Scope 2 reporting?

In 2023, Varex Imaging reported its Scope 2 emissions using the location-based method.a

Varex Imaging's Scope 2 Emissions Over Time

20192020202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Varex Imaging’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Varex Imaging reported Scope 1 greenhouse gas (GHG) emissions of 4,856 tCO₂e and total revenues of USD 893 millions. This translates into an emissions intensity of 5.44 tCO₂e per millions USD.a

Varex Imaging's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0002,000,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)TIInteger HoldingsYear: 2023Scope 1: 7,066 tCO2eRevenue: $M 1,597Scope 1 Intensity: 4.43 tCO2e/$MEnovisYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 2,108Scope 1 Intensity: 1.10 tCO2e/$MAbbott LaboratoriesYear: 2024Scope 1: 502,000 tCO2eRevenue: $M 41,950Scope 1 Intensity: 11.97 tCO2e/$MInsuletYear: 2024Scope 1: 1,383 tCO2eRevenue: $M 2,072Scope 1 Intensity: 0.67 tCO2e/$MBio Rad LaboratoriesYear: 2023Scope 1: 10,563 tCO2eRevenue: $M 2,671Scope 1 Intensity: 3.95 tCO2e/$MInspire Medical SystemsYear: 2023Scope 1: 51 tCO2eRevenue: $M 625Scope 1 Intensity: 0.08 tCO2e/$MEdwards LifesciencesYear: 2024Scope 1: 15,682 tCO2eRevenue: $M 5,439Scope 1 Intensity: 2.88 tCO2e/$MGlaukosYear: 2024Scope 1: 523 tCO2eRevenue: $M 383Scope 1 Intensity: 1.36 tCO2e/$MBrukerYear: 2022Scope 1: 3,621 tCO2eRevenue: $M 2,531Scope 1 Intensity: 1.43 tCO2e/$MGE Healthcare TechnologiesYear: 2024Scope 1: 104,974 tCO2eRevenue: $M 19,672Scope 1 Intensity: 5.34 tCO2e/$MCertaraYear: 2024Scope 1: 161 tCO2eRevenue: $M 385Scope 1 Intensity: 0.42 tCO2e/$MStrykerYear: 2023Scope 1: 54,854 tCO2eRevenue: $M 20,498Scope 1 Intensity: 2.68 tCO2e/$MTTTwist BioscienceYear: 2024Scope 1: 7 tCO2eRevenue: $M 313Scope 1 Intensity: 0.02 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MAvanos MedicalYear: 2023Scope 1: 1,787 tCO2eRevenue: $M 673Scope 1 Intensity: 2.65 tCO2e/$MIIIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MBoston ScientificYear: 2024Scope 1: 87,567 tCO2eRevenue: $M 16,747Scope 1 Intensity: 5.23 tCO2e/$MQuidelOrthoYear: 2023Scope 1: 22,544 tCO2eRevenue: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MOmnicellYear: 2023Scope 1: 414 tCO2eRevenue: $M 1,147Scope 1 Intensity: 0.36 tCO2e/$MIonis PharmaceuticalsYear: 2024Scope 1: 2,616 tCO2eRevenue: $M 705Scope 1 Intensity: 3.71 tCO2e/$MNateraYear: 2024Scope 1: 5,143 tCO2eRevenue: $M 1,697Scope 1 Intensity: 3.03 tCO2e/$MVarex ImagingYear: 2023Scope 1: 4,856 tCO2eRevenue: $M 893Scope 1 Intensity: 5.44 tCO2e/$M

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

In 2023, Varex Imaging reported a Scope 1 emissions intensity of 5.44 tCO₂e per millions USD. Compared to the peer group median of 2.66, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Varex Imaging rank on GHG emissions intensity within its industry?

In 2023, Varex Imaging ranked 20 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

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