Baxter
Baxter International Inc., commonly referred to as Baxter, is a leading player in the surgical and medical instrument manufacturing industry, headquartered in the United States. Founded in 1931, the company has established a strong presence in key operational regions, including North America, Europe, and Asia, focusing on innovative solutions for patients and healthcare providers.
Baxter's core offerings encompass a wide range of products, including intravenous (IV) solutions, renal care devices, and surgical instruments, distinguished by their commitment to quality and patient safety. The company has achieved notable milestones, such as pioneering advancements in renal therapies and infusion systems, solidifying its market position as a trusted provider in the healthcare sector. With a legacy of innovation and a dedication to improving patient outcomes, Baxter continues to lead the way in medical technology.
+32 vs industry average
Baxter’s score of 58 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Surgical and Medical Instrument Manufacturing has typical carbon intensity
Industry performance
The Surgical and Medical Instrument Manufacturing industry has reduced its overall emissions by 32% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Baxter's reported carbon emissions
Baxter, a US-based surgical and medical instrument manufacturer, has reported significant carbon emissions across its operations. In 2024, the company's total emissions reached approximately 4.33 billion kg CO2e. This figure comprises approximately 324 million kg CO2e from Scope 1 (direct emissions), approximately 177 million kg CO2e from Scope 2 (purchased electricity, steam, and heat, using market-based reporting), and a substantial approximately 3.83 billion kg CO2e from Scope 3 (indirect emissions). Scope 3 emissions are dominated by purchased goods and services, which accounted for roughly 1.87 billion kg CO2e, followed by upstream transportation and distribution at approximately 505 million kg CO2e, and the use of sold products at about 779 million kg CO2e.
In 2023, Baxter's total emissions were approximately 4.06 billion kg CO2e, with Scope 1 at approximately 359 million kg CO2e, Scope 2 (market-based) at approximately 220 million kg CO2e, and Scope 3 at approximately 3.48 billion kg CO2e. This indicates a notable increase in total emissions from 2023 to 2024, driven primarily by Scope 3.
Baxter has set ambitious climate commitments. The company aims to achieve carbon neutrality for its direct operations by 2040 and reduce absolute Scope 1 and 2 greenhouse gas emissions by 25% by 2030, using 2020 as a baseline year. This target is aligned with a science-based approach aiming for a global temperature increase well below 2° Celsius. Baxter has also achieved carbon neutrality for its direct operations, including on-site electricity usage and fuel consumption at several sites, as well as at its headquarters in Deerfield, Illinois, US, and a manufacturing facility in Cartago, Costa Rica, since 2007. This has been maintained through the use of certified renewable energy, carbon credits, and carbon offsets. Historically, Baxter committed to reducing greenhouse gas emissions by 45% indexed to revenue by 2015, compared to a 2005 baseline. Between 2005 and 2010, the company reported a 7% reduction in absolute emissions and a 29% reduction indexed to revenue, exceeding its 2010 target.
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Baxter’s Climate Goals (2030 & 2050)
10 goals2030
25% reduction in Scope 2
Achieve carbon neutrality for our direct operations by 2040 and reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions 25% by 2030, al…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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