Fulgent Genetics
Fulgent Genetics, a leading player in the genetic testing industry, is headquartered in the United States. Founded in 2016, the company has rapidly established itself as a key provider of comprehensive genomic solutions, focusing on areas such as hereditary cancer testing, infectious disease testing, and pharmacogenomics.
Fulgent's innovative approach combines advanced technology with a broad test menu, offering unique, customisable panels that cater to diverse clinical needs. The company has achieved significant milestones, including partnerships with healthcare providers and laboratories, enhancing its market position. With a commitment to accuracy and efficiency, Fulgent Genetics continues to drive advancements in precision medicine, making a notable impact in the field of genomics.
-2 vs industry average
Fulgent Genetics’s score of 30 is lower than 49% 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
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Fulgent Genetics's reported carbon emissions
In 2023, Fulgent Genetics reported total emissions of approximately 4,528,000 kg CO2e, comprising 576,000 kg CO2e from Scope 1 and 3,953,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Fulgent Genetics is committed to significant climate action, aiming to achieve net zero emissions by 2050. The company has set an interim target to reduce emissions by 45% by 2030, using 2010 levels as a baseline. This commitment reflects a proactive approach to addressing climate change and aligns with industry standards for sustainability. The emissions data is not cascaded from any parent organization, indicating that Fulgent Genetics is independently reporting its environmental impact. The company continues to focus on transparency and accountability in its climate commitments.
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Fulgent Genetics’s Climate Goals (2030 & 2050)
2 goals2030
45% reduction in all scopes
- Achieving net zero emissions by 2050 - Cutting emissions by 45% by 2030 (compared to 2010 levels);
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.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Fulgent Genetics
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