LifeArc, a leading UK-based medical research charity, is headquartered in London and operates extensively across Europe and North America. Founded in 2000, LifeArc focuses on translating scientific discoveries into tangible health solutions, particularly in the fields of diagnostics and therapeutics. The organisation is renowned for its unique approach to bridging the gap between academia and industry, facilitating the development of innovative products that address unmet medical needs. LifeArc's core services include funding, expertise in drug development, and access to state-of-the-art facilities, which collectively enhance the potential for successful clinical outcomes. With a strong market position, LifeArc has achieved notable milestones, including partnerships with various research institutions and pharmaceutical companies, further solidifying its role as a pivotal player in the life sciences sector.
How does Lifearc'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.
Mean score of companies in the Health 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.
Lifearc's score of 33 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LifeArc reported total carbon emissions of approximately 2.08 billion tonnes CO2e, with all emissions classified under Scope 1 (2.08 billion tonnes CO2e) and Scope 3 emissions at about 2.05 billion tonnes CO2e. The previous year, 2022, saw similar figures, with total emissions also around 2.27 billion tonnes CO2e, again primarily from Scope 1 (2.27 billion tonnes CO2e) and Scope 3 (approximately 2.24 billion tonnes CO2e). LifeArc has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any significant achievements in emissions reduction. Their emissions data indicates a consistent pattern, with no reported Scope 2 emissions in both 2022 and 2023. The organisation's focus appears to be on managing their direct emissions, as indicated by the high Scope 1 figures. Overall, while LifeArc's emissions data reflects substantial figures, the absence of defined reduction targets suggests a need for further commitment to climate action and sustainability initiatives.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | 000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 592,640 | 000,000 | - | - |
Scope 3 | 3,040 | 00,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lifearc is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.