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Public Profile
Health Services
US
updated 10 days ago

Labcorp

Company website

Labcorp, officially known as Laboratory Corporation of America Holdings, is a leading global life sciences company headquartered in the United States. Founded in 1971, Labcorp has established itself as a key player in the diagnostics and drug development sectors, with a strong presence across North America and Europe. The company offers a comprehensive range of laboratory services, including clinical laboratory testing, drug development, and genomic testing. Labcorp's commitment to innovation and quality sets it apart, providing healthcare professionals with critical insights to improve patient outcomes. Recognised for its extensive test menu and advanced technologies, Labcorp has achieved significant milestones, including the introduction of pioneering diagnostic solutions. With a robust market position, Labcorp continues to drive advancements in healthcare, making it a trusted partner for patients and providers alike.

DitchCarbon Score

How does Labcorp'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.

61

Industry Average

Mean score of companies in the Health 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.

19

Industry Benchmark

Labcorp's score of 61 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

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Labcorp's reported carbon emissions

In 2024, Labcorp reported total greenhouse gas emissions of approximately 313,802,000 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at about 187,455,000 kg CO2e and Scope 2 emissions at approximately 126,346,000 kg CO2e (market-based). The company also disclosed significant Scope 3 emissions, including about 543,229,000 kg CO2e from purchased goods and services, 74,464,000 kg CO2e from fuel and energy-related activities, and 289,334,000 kg CO2e from upstream transportation and distribution. Labcorp has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2020 as the baseline year. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions from purchased goods and services, upstream transportation, and downstream transportation within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. The company is also committed to achieving net zero emissions by 2030 for both Scope 1 and Scope 2 emissions. Labcorp's emissions data and reduction targets are inherited from its parent company, Labcorp Holdings Inc., ensuring a cohesive approach to sustainability across its operations.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201820202021202220232024
Scope 1
69,115,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
178,899,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
000,000,000
0,000,000,000
000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Labcorp's primary industry is Health and social work services (85), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Labcorp is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Labcorp is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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