ev3 Inc. Sustainability Profile
EV3 Inc., headquartered in the United States, is a prominent player in the technology and engineering sector, specialising in advanced automation solutions. Founded in 2015, the company has rapidly established itself as a leader in robotics and artificial intelligence, with significant operations across North America and Europe. The firm is renowned for its innovative products, including cutting-edge robotic systems and AI-driven software, which are designed to enhance operational efficiency and productivity for various industries. EV3 Inc. distinguishes itself through its commitment to customisation and integration, ensuring that its solutions meet the unique needs of each client. With a strong market position, EV3 Inc. has achieved notable milestones, including partnerships with leading corporations and recognition for its contributions to the field of automation. The company continues to push the boundaries of technology, solidifying its reputation as a trusted provider in the automation landscape.
DitchCarbon Score
How does ev3 Inc.'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 Medical Device Manufacturing 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
ev3 Inc.'s score of 48 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, ev3 Inc. does not report specific carbon emissions figures, indicating a lack of publicly disclosed emissions data. However, the company is a current subsidiary of Medtronic plc, which may influence its climate commitments and reporting practices. ev3 Inc. inherits its climate initiatives and targets from Medtronic plc, which has established a framework for sustainability and carbon reduction. Medtronic has set science-based targets (SBTi) and participates in various climate initiatives, including the Carbon Disclosure Project (CDP) and the Race to Zero (RTZ). These initiatives aim to drive significant reductions in greenhouse gas emissions across their operations. While ev3 Inc. has not specified its own reduction targets or achievements, it is aligned with the broader sustainability goals of its parent company, Medtronic. This alignment suggests a commitment to addressing climate change, although specific metrics and targets for ev3 Inc. remain unspecified. In summary, while ev3 Inc. does not currently disclose its carbon emissions data, it is positioned within a corporate structure that prioritises climate action through inherited commitments from Medtronic plc.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 74,992,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 269,008,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 | - |
How Carbon Intensive is ev3 Inc.'s Industry?
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ev3 Inc.'s Scope 3 Categories Breakdown
ev3 Inc.'s Scope 3 emissions, which increased by 48% last year and increased by approximately 48% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 55% of total emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 47% of Scope 3 emissions.
Top Scope 3 Categories
ev3 Inc.'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.
ev3 Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
