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Research Services
US
updated 8 months ago

IQVIA Inc. Sustainability Profile

Company website

IQVIA Inc., headquartered in the United States, is a leading global provider of advanced analytics, technology solutions, and contract research services for the healthcare industry. Founded in 2016 through the merger of IMS Health and Quintiles, IQVIA has rapidly established itself as a pivotal player in the life sciences sector, with a strong presence across North America, Europe, and Asia. The company offers a unique blend of data analytics, real-world evidence, and clinical research services, enabling pharmaceutical and biotechnology companies to enhance their product development and commercialisation strategies. Notable achievements include its extensive database of healthcare information and innovative technology platforms that drive insights and improve patient outcomes. With a commitment to transforming healthcare through data-driven solutions, IQVIA continues to solidify its position as a trusted partner in the evolving landscape of life sciences.

DitchCarbon Score

How does IQVIA 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.

72

Industry Average

Mean score of companies in the Research Services 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.

28

Industry Benchmark

IQVIA Inc.'s score of 72 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

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IQVIA Inc.'s reported carbon emissions

Inherited from IQVIA Holdings Inc.

IQVIA Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported emissions figures. The company is a current subsidiary of IQVIA Holdings Inc., which may influence its climate commitments and reporting. While there are no documented reduction targets or specific climate pledges from IQVIA Inc., it is important to note that any initiatives or targets would likely be inherited from its parent company, IQVIA Holdings Inc. This relationship suggests that IQVIA Inc. may align its climate strategies with those established by IQVIA Holdings Inc., which could include participation in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). As of now, IQVIA Inc. has not publicly committed to specific reduction targets or disclosed its carbon footprint, indicating a potential area for future development in their sustainability strategy.

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2012201820192020202120222023
Scope 1
43,577,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
48,394,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
45,222,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is IQVIA Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. IQVIA Inc.'s primary industry is Research Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is IQVIA Inc.'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 IQVIA Inc. is in US, which has a low grid carbon intensity relative to other regions.

IQVIA Inc.'s Scope 3 Categories Breakdown

IQVIA Inc.'s Scope 3 emissions, which increased by 14% last year and increased by approximately 966% since 2012, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 57% of Scope 3 emissions.

Top Scope 3 Categories

2023
Purchased Goods and Services
57%
Upstream Transportation & Distribution
18%
Business Travel
17%
Capital Goods
5%
Fuel and Energy Related Activities
2%
Waste Generated in Operations
<1%
Downstream Leased Assets
<1%
Upstream Leased Assets
<1%
End-of-Life Treatment of Sold Products
<1%

IQVIA 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.

IQVIA 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.

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

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