Orion Corporation Sustainability Profile
Orion Corporation, a prominent player in the pharmaceutical and diagnostics industry, is headquartered in the United States. Founded in 1990, the company has established a strong presence in North America and Europe, focusing on innovative healthcare solutions. Orion Corporation is renowned for its cutting-edge products, including prescription medications and advanced diagnostic tools, which are distinguished by their quality and efficacy. With a commitment to research and development, Orion has achieved significant milestones, including numerous FDA approvals and partnerships with leading healthcare institutions. The company’s dedication to improving patient outcomes has solidified its position as a trusted name in the industry. Orion Corporation continues to lead the way in delivering unique healthcare solutions that cater to the evolving needs of patients and healthcare providers alike.
DitchCarbon Score
How does Orion Corporation'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.
Industry Average
Mean score of companies in the Metal Fabrication 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.
Industry Benchmark
Orion Corporation's score of 68 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Orion Corporation's reported carbon emissions
In 2023, Orion Corporation reported total carbon emissions of approximately 431.4 million kg CO2e. This figure includes Scope 1 emissions of about 5.5 million kg CO2e, Scope 2 emissions of approximately 8.4 million kg CO2e, and significant Scope 3 emissions totalling around 417.5 million kg CO2e. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (approximately 301.1 million kg CO2e) and upstream transportation and distribution (about 38.6 million kg CO2e). Orion Corporation has set ambitious climate commitments, aiming for a 69% reduction in greenhouse gas emissions (Scope 1 and 2) by 2030, compared to a 2016 baseline. Additionally, the company is striving for carbon neutrality in its operations by 2031. These targets reflect a strong commitment to sustainability and align with industry standards for climate action. It is important to note that emissions data for Orion Corporation is cascaded from its parent company, Smiths Group plc, indicating a structured approach to environmental accountability within its corporate family.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 26,860,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 41,087,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Orion Corporation's Industry?
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Orion Corporation's Scope 3 Categories Breakdown
Orion Corporation's Scope 3 emissions, which increased by 52% last year and increased by approximately 64% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 72% of Scope 3 emissions.
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Orion Corporation'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.
Orion Corporation 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.
