Thermo Fisher Scientific Sustainability Profile
Thermo Fisher Scientific Inc., a leading name in the life sciences and laboratory equipment industry, is headquartered in the United States. Founded in 2006 through the merger of Thermo Electron and Fisher Scientific, the company has established itself as a global powerhouse, with significant operations across North America, Europe, and Asia. Specialising in analytical instruments, reagents, and consumables, Thermo Fisher provides innovative solutions that enhance scientific research and healthcare. Their core offerings include mass spectrometry, chromatography, and molecular biology products, distinguished by their precision and reliability. With a strong market position, Thermo Fisher Scientific is recognised for its commitment to advancing scientific discovery and improving patient outcomes, making it a trusted partner for researchers and healthcare professionals worldwide.
DitchCarbon Score
How does Thermo Fisher Scientific's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Research Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Thermo Fisher Scientific's score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Thermo Fisher Scientific's reported carbon emissions
In 2024, Thermo Fisher Scientific reported total carbon emissions of approximately 282.6 million kg CO2e, comprising 26,379,000 kg CO2e from Scope 1, 748,000 kg CO2e from Scope 2, and 255,474,000 kg CO2e from Scope 3 emissions. This data reflects their commitment to transparency and accountability in addressing climate change. The company has set ambitious targets to reduce its carbon footprint, aiming for a 30% reduction in Scope 1 and 2 emissions by 2030 from a 2018 baseline. Additionally, Thermo Fisher has committed to achieving net-zero emissions across all scopes by 2050, with interim targets of a 50.4% reduction in Scope 1 and 2 emissions by 2030. They also plan to ensure that 90% of their suppliers, by spend, set science-based targets by 2027. Thermo Fisher's climate strategy aligns with the Science Based Targets initiative (SBTi), which has validated their targets, ensuring they are consistent with the reductions required to limit global warming to 1.5°C. The company has made significant progress, achieving a 25% reduction in Scopes 1 and 2 emissions compared to 2018 levels and reaching fossil fuel-free status at 20 sites. Overall, Thermo Fisher Scientific is actively working towards substantial emissions reductions and sustainability, demonstrating leadership in the pharmaceuticals and biotechnology sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 321,190,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 486,151,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Thermo Fisher Scientific's Industry?
How Carbon Intensive is Thermo Fisher Scientific's Location?
Thermo Fisher Scientific's Scope 3 Categories Breakdown
Thermo Fisher Scientific's Scope 3 emissions, which decreased by 26% last year and decreased by approximately 37% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 58% of Scope 3 emissions.
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Thermo Fisher Scientific's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Thermo Fisher Scientific has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Thermo Fisher Scientific's sustainability data and climate commitments
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