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OrganisationsLabcorp Drug Development Inc.
Labcorp Drug Development Inc. logo

Labcorp Drug Development Inc.

Research ServicesUnited States
Last verified 10 months agolabcorp.com

Labcorp Drug Development Inc., a prominent player in the global life sciences industry, is headquartered in the United States. Founded in 1971, the company has established itself as a leader in drug development and laboratory services, providing comprehensive solutions to pharmaceutical and biotechnology clients. With a strong presence across North America, Europe, and Asia, Labcorp offers a wide range of services, including clinical trial management, laboratory testing, and biomarker development.

Renowned for its innovative approach, Labcorp's core offerings are distinguished by advanced technology and a commitment to improving patient outcomes. The company has achieved significant milestones, including the successful management of thousands of clinical trials and the integration of cutting-edge diagnostics. As a trusted partner in the drug development process, Labcorp continues to enhance its market position through strategic collaborations and a focus on scientific excellence.

74
DitchCarbon score

+44 vs industry average

Labcorp Drug Development Inc.’s score of 74 is higher than 85% 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

Medium

Research Services has typical carbon intensity

Industry performance

0.198
20182025

The Research Services industry has reduced its overall emissions by 19% since 2018

Reported emissions

No reported emissions data is available for Labcorp Drug Development Inc. yet.

Labcorp Drug Development Inc.'s reported carbon emissions

Labcorp Drug Development Inc., headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Labcorp Holdings Inc., which may influence its climate commitments and reporting practices.

Labcorp Drug Development Inc. inherits its climate initiatives and targets from Labcorp Holdings Inc. at a cascade level of 1. However, there are no documented reduction targets or significant climate pledges available for Labcorp Drug Development Inc. at this time. This lack of specific data suggests that the company may still be in the process of establishing or formalising its climate strategy.

In the broader context, companies in the pharmaceutical and drug development sector are increasingly focusing on sustainability and carbon reduction, often aligning with industry standards such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). As Labcorp Drug Development Inc. continues to develop its climate commitments, it may adopt similar frameworks to enhance its environmental performance and transparency.

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Labcorp Drug Development Inc.’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Labcorp Drug Development Inc. yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

Inherited from Labcorp Holdings Inc.
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Not active
CDP

Carbon Disclosure Project

Inherited from Labcorp Holdings Inc.
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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

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No peer comparison is available for Labcorp Drug Development Inc. yet.

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Ditchcarbonv260715.3
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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London W1W 5PF

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