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OrganisationsSyneos Health
Syneos Health logo

Syneos Health

Research ServicesUnited StatesNASDAQ: SYNH
Last verified 2 months agosyneoshealth.com

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.

53
DitchCarbon score

+24 vs industry average

Syneos Health’s score of 53 is higher than 68% 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

0.133
20192025

The Research Services industry has increased its overall emissions by 17% since 2019

Emissions trajectory 2020 – 2027

000M000.0M000.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Syneos Health's reported carbon emissions

Syneos Health, a US-based company in the Research and development services (73) industry, is committed to reducing its climate impact. In 2024, the company reported total absolute emissions of approximately 277.8 million kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Breakdown for 2024: * **Scope 1:** Approximately 16.5 million kg CO2e * **Scope 2 (Market-based):** Approximately 5.1 million kg CO2e * **Scope 3:** Substantial emissions were recorded in Scope 3, with purchased goods and services contributing approximately 172.5 million kg CO2e and business travel accounting for approximately 36.9 million kg CO2e. Employee commute was approximately 5.4 million kg CO2e, capital goods approximately 3.1 million kg CO2e, waste generated in operations approximately 1.9 million kg CO2e, and fuel and energy-related activities approximately 5.3 million kg CO2e. In 2023, Syneos Health's total absolute emissions were approximately 240.7 million kg CO2e. * **Scope 1:** Approximately 16.3 million kg CO2e * **Scope 2 (Market-based):** Approximately 9.7 million kg CO2e * **Scope 3:** Purchased goods and services were approximately 196.2 million kg CO2e, and business travel was approximately 50.7 million kg CO2e. Employee commute was approximately 5.8 million kg CO2e, fuel and energy-related activities approximately 5.3 million kg CO2e, waste generated in operations approximately 1.8 million kg CO2e, and capital goods approximately 1.9 million kg CO2e. **Climate Commitments and Reduction Targets:** Syneos Health has set ambitious targets to address its environmental footprint. The company has joined The Climate Pledge, committing to achieve net zero carbon emissions by 2040. Specific reduction targets aligned with Science Based Targets initiative (SBTi) include: * A commitment to reduce absolute Scope 1 GHG emissions by 42.0% by 2030, using a 2023 base year. * A commitment to reduce absolute Scope 2 GHG emissions by 42.0% by 2030, also from a 2023 base year. * A commitment to reduce absolute Scope 3 GHG emissions from purchased goods and services and business travel by 25.0% by 2030, from a 2023 base year. Additionally, Syneos Health previously set a target to reduce Scope 1 and 2 emissions by 10% and overall emissions by 5% before 2026, compared to a 2021 baseline. The company's reporting indicates that it is on track for this near-term target concerning Scope 3 emissions (purchased goods and services and business travel), as well as Scope 2 emissions.

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Syneos Health’s Climate Goals (2030 & 2050)

2 goals

2026

5% reduction in all scopes

We set a target to reduce scope 1 and 2 emissions by 10% and overall emissions by 5% before 2026.

Insufficient data5%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 2 climate goals

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Scope 3 top emissions categories

6 of 15 categories disclosed
Purchased Goods & Services77%
Business Travel16%
Employee Commuting2%
Fuel & Energy Activities2%
Capital Goods1%
Waste Generated in Operations1%
Purchased Goods & Services77%
Business Travel16%
Employee Commuting2%
Fuel & Energy Activities2%
Capital Goods1%
Waste Generated in Operations1%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

Signed 2021See details
Active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Syneos Health logoSyneos Health
USResearch Services
2 months ago
53
Sgs logoSgs
CHTesting Laboratories
5 days ago
97
View
Bureau Veritas logoBureau Veritas
FROther Services
12 hours ago
86
View
Icon logoIcon
IEResearch Services
8 days ago
74
View
Labcorp Drug Development Inc. logoLabcorp Drug Development Inc.
USResearch Services
1 month ago
73
View
Iqvia logoIqvia
USResearch Services
37 minutes ago
73
View
Q
Quintiles Transnational Corp.
USResearch Services
1 month ago
70
View

Frequently asked questions

Common questions about Syneos Health’s sustainability data and climate commitments

In 2024, Syneos Health reported total carbon emissions of approximately 277.8 million kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were around 16.5 million kg CO2e, Scope 2 emissions were approximately 5.1 million kg CO2e, and Scope 3 emissions accounted for a substantial amount, with purchased goods and services contributing roughly 172.5 million kg CO2e. This comprehensive reporting highlights the company's commitment to transparency in its environmental impact.

Data year: 2024

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See our License Agreement for more details.

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