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Medical Device Manufacturing
CN
updated 8 days ago

Hangzhou Tigermed Sustainability Profile

Company website

Hangzhou Tigermed Consulting Co., Ltd., commonly known as Tigermed, is a leading clinical research organisation headquartered in Hangzhou, China. Founded in 2004, the company has established a strong presence across Asia, Europe, and North America, providing comprehensive services in the pharmaceutical and biotechnology sectors. Tigermed specialises in clinical trial management, regulatory affairs, and data management, offering unique solutions that streamline the drug development process. With a commitment to quality and innovation, the company has achieved significant milestones, including numerous successful trials for global clients. Recognised for its expertise and reliability, Tigermed holds a prominent position in the industry, contributing to advancements in healthcare and supporting the development of new therapies. Its dedication to excellence has earned it a reputation as a trusted partner in clinical research.

DitchCarbon Score

How does Hangzhou Tigermed'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.

39

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.

27

Industry Benchmark

Hangzhou Tigermed's score of 39 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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Hangzhou Tigermed's reported carbon emissions

In 2024, Hangzhou Tigermed Consulting Co., Ltd. reported total carbon emissions of approximately 13,060,860 kg CO2e, comprising 116,820 kg CO2e from Scope 1 and 12,944,040 kg CO2e from Scope 2 emissions. This marks a slight decrease from 2023, where total emissions were about 13,850,210 kg CO2e, with Scope 1 at 118,730 kg CO2e and Scope 2 at 13,731,490 kg CO2e. The company has set ambitious reduction targets, aiming for a 15% decrease in both Scope 1 and Scope 2 emissions by 2025, relative to 2019 levels. Additionally, under the Science Based Targets initiative (SBTi), Tigermed has committed to reducing absolute Scope 1 and 2 emissions by 42% by 2030 from a 2023 baseline, and Scope 3 emissions by 25% within the same timeframe. These commitments reflect Tigermed's proactive approach to climate action within the pharmaceuticals, biotechnology, and life sciences sector, aligning with global efforts to mitigate climate change. The company has not disclosed any Scope 3 emissions data as of the latest reporting.

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20172018201920202021202220232024
Scope 1
63,180
00,000
00,000
00,000
00,000
000,000
000,000
000,000
Scope 2
1,037,878
0,000,000
000,000
000,000
0,000,000
0,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-
-
-

How Carbon Intensive is Hangzhou Tigermed's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hangzhou Tigermed's primary industry is Medical, precision and optical instruments, watches and clocks (33), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hangzhou Tigermed's Location?

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 Hangzhou Tigermed is in CN, which we do not have grid emissions data for.

Hangzhou Tigermed'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.

Hangzhou Tigermed 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.

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

Compare Hangzhou Tigermed's Emissions with Industry Peers

Labcorp

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Celerion Inc.

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Updated about 1 month ago

Fountain Medical Development Ltd

CN
Updated 11 days ago

Eurofins Scientific

LU
•
Other business services (74)
Updated 1 day ago

Parexel

US
•
Research and development services (73)
Updated 20 days ago

Iqvia

US
•
Health and social work services (85)
Updated 9 days ago

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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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