Iqvia

IQVIA, a US-based research and development services company, reported total carbon emissions of approximately 472.44 million kg CO2e in 2024. This figure includes Scope 1 emissions of around 10.30 million kg CO2e, Scope 2 market-based emissions of approximately 27.04 million kg CO2e, and Scope 3 emissions of about 435.10 million kg CO2e.

Looking back, IQVIA's emissions have fluctuated. In 2023, total emissions were roughly 526.20 million kg CO2e, with Scope 1 at about 8.22 million kg CO2e, Scope 2 market-based at approximately 28.71 million kg CO2e, and Scope 3 at around 489.26 million kg CO2e. The company reported total emissions of around 464.57 million kg CO2e in 2022, with Scope 1 at about 9.90 million kg CO2e, Scope 2 market-based at roughly 31.00 million kg CO2e, and Scope 3 at approximately 423.67 million kg CO2e.

IQVIA has set ambitious climate commitments, with its Science-Based Targets initiative (SBTi) verified targets reflecting a 1.5°C trajectory. The company commits to reaching net-zero greenhouse gas emissions across its value chain by 2050.

Near-term targets include:

• A 55.1% absolute reduction in Scope 1 and 2 GHG emissions by 2030, using a 2019 base year.
• A 55% reduction in absolute Scope 3 GHG emissions from business travel per FTE within the same timeframe.
• Ensuring that 70% of its suppliers, by emissions (covering purchased goods and services, capital goods, and upstream transport and distribution), will have science-based targets by 2027.

For the long term, IQVIA aims for a 90% absolute reduction in Scope 1, 2, and 3 GHG emissions by 2050 from a 2019 base year.