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Syneos Health, a leading global biopharmaceutical solutions organisation, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 2018 through the merger of INC Research and inVentiv Health, the company has rapidly established itself within the research and development services industry, specifically focusing on clinical development and commercialisation.
Syneos Health offers a unique integrated approach, combining clinical and commercial expertise to accelerate the delivery of innovative therapies. Their core services include clinical trial management, regulatory consulting, and market access strategies, all designed to enhance the efficiency of drug development. With a strong market position, Syneos Health has achieved notable milestones, including recognition for its commitment to patient-centric solutions and operational excellence in the biopharmaceutical sector.
+29 vs industry average
Syneos Health’s score of 59 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Research Services has below-average carbon intensity
The Research Services industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
Syneos Health, a US-based Research and Development Services (73) company, has reported its carbon emissions for 2024 and 2023.
In 2024, the company's total reported emissions were approximately 218.7 million kg CO2e. This included Scope 1 emissions of about 16.5 million kg CO2e, Scope 2 emissions (market-based) of approximately 5.1 million kg CO2e, and Scope 3 emissions totalling around 197 million kg CO2e. Key contributors to Scope 3 emissions in 2024 were purchased goods and services (approximately 172.5 million kg CO2e) and business travel (about 36.9 million kg CO2e).
For 2023, Syneos Health reported total emissions of approximately 275.1 million kg CO2e. This comprised Scope 1 emissions of about 16.3 million kg CO2e, Scope 2 emissions (market-based) of around 9.7 million kg CO2e, and Scope 3 emissions totalling approximately 249.1 million kg CO2e. In 2023, purchased goods and services accounted for roughly 196.2 million kg CO2e of Scope 3 emissions, with business travel contributing approximately 50.7 million kg CO2e.
Syneos Health is committed to climate action. The company has signed The Climate Pledge, aiming to achieve net zero carbon emissions by 2040. Furthermore, Syneos Health has set near-term targets to reduce its overall emissions by 5% and Scope 1 and 2 emissions by 10% by 2026, relative to a 2021 baseline. More specifically, Syneos Health has committed to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42.0% by 2030 from a 2023 base year, as recognised by the Science Based Targets initiative (SBTi). The company also aims to reduce absolute Scope 3 greenhouse gas emissions from purchased goods and services and business travel by 25.0% within the same timeframe. These SBTi targets are aligned with a 1.5°C warming scenario.
Access structured emission data, company specific factors and auditable source documents
2030
42% reduction in Scope 1
Syneos Health, Inc. commits to reduce absolute scope 1 GHG emissions 42.0% by 2030 from a 2023 base year.
2030
42% reduction in Scope 2
Syneos Health, Inc. commits to reduce absolute scope 2 GHG emissions 42.0% by 2030 from a 2023 base year.
2030
25% reduction in scope 3 upstream
Syneos Health, Inc. also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and business travel 25.0% within…
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