Waters Corp

Common Name
Waters
Country
United States
Sector
Healthcare
Industry
Diagnostics & Research
Employees
7,600
Ticker
WAT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Waters Corporation is a leading entity in the field of analytical instruments and software. It primarily focuses on providing laboratory solutions for a variety of sectors, including pharmaceuticals, ...

Waters's GHG Emissions Data Preview

In 2023, Waters 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).

Waters has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 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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b
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Waters’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 Waters’s data sources below and access millions more through our Disclosure Search.

a. Waters's ESG Report 2024
a. Waters's ESG Report 2024
b. Waters's ESG Report 2023
b. Waters's ESG Report 2023
c. Waters's Sustainability Report 2020
c. Waters's Sustainability Report 2020
d. Waters's Sustainability Report 2021
d. Waters's Sustainability Report 2021

Insights into Waters's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Waters amounted to 30,201.96 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 2022, the total operational greenhouse gas (GHG) emissions of Waters increased by 74.58%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Waters's Scope 1 Emissions Over Time

20182019202020212022202303.5 k7 k10.5 k14 ktCO2e-8%+2%+23%-4%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Waters's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Waters were 12,659.53 metric tons of CO₂ equivalent (tCO₂e). a

Has Waters reduced its Scope 1 emissions over time?

Since 2018, Waters's Scope 1 emissions have increased by 8.93%, reflecting a rising long-term trend in Scope 1 emissions over time. a d

Compared to the previous year (2022), Waters's Scope 1 emissions decreased by 2.62%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Waters's Scope 2 emissions?

In 2023, Waters reported Scope 2 greenhouse gas (GHG) emissions of 4,342.67 tCO₂e using the market-based method and 17,542.43 tCO₂e using the location-based method. a

What methodology does Waters use for Scope 2 reporting?

In 2023, Waters reported its Scope 2 emissions using the market-based method and using the location-based method. a

Waters's Scope 2 Emissions Over Time

20182019202020212022202304.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Waters's Value Chain Emissions

In 2023, Waters reported 189,019.37 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Waters includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Waters's Scope 3 Emissions Over Time

202020222023050 k100 k150 k200 ktCO2e-11%+171%
  • Total Scope 3
  • Year-over-Year Change

What are Waters's Scope 3 emissions?

In 2023, Waters reported total Scope 3 emissions of 189,019.37 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Waters's Scope 3 emissions increased by 170.91%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Waters disclose?

In 2023, Waters reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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

What are the main sources of Waters's Scope 3 emissions?

In 2023, the largest contributors to Waters's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 158,833.7 tCO₂e (84.03%)
  • Employee Commuting (Cat. 7): 14,119 tCO₂e (7.47%)
  • Fuel- and Energy-Related Services (Cat. 3): 8,250.3 tCO₂e (4.36%)

Waters's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(7.5%)Purchased Goods andServices (Cat. 1)(84.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(4.4%)

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

In 2023, Waters reported Scope 1 greenhouse gas (GHG) emissions of 12,659.53 tCO₂e and total revenues of USD 2,956 millions. This translates into an emissions intensity of 4.28 tCO₂e per millions USD. a

Waters's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0001,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)RTBio-TechneYear: 2023Scope 1: 3,001 tCO2eRevenue: $M 1,137Scope 1 Intensity: 2.64 tCO2e/$MIQVIA HoldingsYear: 2023Scope 1: 8,221 tCO2eRevenue: $M 14,983Scope 1 Intensity: 0.55 tCO2e/$MVeracyteYear: 2023Scope 1: 448 tCO2eRevenue: $M 361Scope 1 Intensity: 1.24 tCO2e/$MBio Rad LaboratoriesYear: 2022Scope 1: 21,216 tCO2eRevenue: $M 2,802Scope 1 Intensity: 7.57 tCO2e/$MExact SciencesYear: 2024Scope 1: 12,121 tCO2eRevenue: $M 2,759Scope 1 Intensity: 4.39 tCO2e/$MDanaherYear: 2024Scope 1: 109,046 tCO2eRevenue: $M 23,875Scope 1 Intensity: 4.57 tCO2e/$MWest Pharmaceutical ServicesYear: 2024Scope 1: 31,327 tCO2eRevenue: $M 2,893Scope 1 Intensity: 10.83 tCO2e/$MHalozyme TherapeuticsYear: 2024Scope 1: 1,348 tCO2eRevenue: $M 1,015Scope 1 Intensity: 1.33 tCO2e/$MMettler-Toledo InternationalYear: 2024Scope 1: 27,797 tCO2eRevenue: $M 3,872Scope 1 Intensity: 7.18 tCO2e/$MGuardant HealthYear: 2023Scope 1: 1,659 tCO2eRevenue: $M 564Scope 1 Intensity: 2.94 tCO2e/$MModernaYear: 2023Scope 1: 11,240 tCO2eRevenue: $M 6,754Scope 1 Intensity: 1.66 tCO2e/$MIlluminaYear: 2024Scope 1: 18,836 tCO2eRevenue: $M 4,372Scope 1 Intensity: 4.31 tCO2e/$MAgilent TechnologiesYear: 2024Scope 1: 29,698 tCO2eRevenue: $M 6,510Scope 1 Intensity: 4.56 tCO2e/$MMerit Medical SystemsYear: 2023Scope 1: 3,072 tCO2eRevenue: $M 1,257Scope 1 Intensity: 2.44 tCO2e/$MQuest DiagnosticsYear: 2021Scope 1: 238,910 tCO2eRevenue: $M 10,788Scope 1 Intensity: 22.15 tCO2e/$MSotera HealthYear: 2023Scope 1: 39,206 tCO2eRevenue: $M 1,049Scope 1 Intensity: 37.36 tCO2e/$MThermo Fisher ScientificYear: 2024Scope 1: 315,843 tCO2eRevenue: $M 42,879Scope 1 Intensity: 7.37 tCO2e/$MRRRevvityYear: 2023Scope 1: 2,121 tCO2eRevenue: $M 2,751Scope 1 Intensity: 0.77 tCO2e/$MTTTwist BioscienceYear: 2024Scope 1: 7 tCO2eRevenue: $M 313Scope 1 Intensity: 0.02 tCO2e/$MCharles River LaboratoriesYear: 2023Scope 1: 85,957 tCO2eRevenue: $M 4,129Scope 1 Intensity: 20.82 tCO2e/$MIDEXX LaboratoriesYear: 2024Scope 1: 18,461 tCO2eRevenue: $M 3,898Scope 1 Intensity: 4.74 tCO2e/$MDexcomYear: 2023Scope 1: 5,383 tCO2eRevenue: $M 3,622Scope 1 Intensity: 1.49 tCO2e/$MNateraYear: 2024Scope 1: 5,143 tCO2eRevenue: $M 1,697Scope 1 Intensity: 3.03 tCO2e/$MWatersYear: 2023Scope 1: 12,660 tCO2eRevenue: $M 2,956Scope 1 Intensity: 4.28 tCO2e/$M

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

In 2023, Waters reported a Scope 1 emissions intensity of 4.28 tCO₂e per millions USD. Compared to the peer group median of 4.31 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2023, Waters ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Waters is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Waters's Total Carbon Footprint

In 2023, Waters reported a total carbon footprint of 219,221.33 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 151.77% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Waters's total carbon footprint was Scope 3 emissions, accounting for 86.22% of the company's total carbon footprint, followed by Scope 2 emissions at 8%. a

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