Synlab, headquartered in Germany, is a leading player in the medical, precision, and optical instruments industry, specifically within the realm of watches and clocks. Founded in 2015, the company has rapidly established itself as a key provider of high-quality diagnostic services and laboratory solutions across Europe and beyond.
Specialising in medical diagnostics, Synlab offers a comprehensive range of services, including clinical laboratory testing and pathology. Their commitment to innovation and precision sets them apart, ensuring accurate results that healthcare professionals can rely on. With a strong market position, Synlab has achieved notable milestones, including strategic acquisitions that have expanded its operational footprint and service capabilities.
As a trusted name in the industry, Synlab continues to enhance patient care through its advanced diagnostic technologies and dedicated expertise.
+10 vs industry average
Synlab’s score of 37 is higher than 55% 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
Medical Device Manufacturing has typical carbon intensity
Industry performance
The Medical Device Manufacturing industry has reduced its overall emissions by 32% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Synlab's reported carbon emissions
SYNLAB's carbon emissions for 2024 totalled approximately 436.3 million kg CO2e. This includes Scope 1 emissions of about 18.5 million kg CO2e, Scope 2 emissions of approximately 12.2 million kg CO2e (market-based), and Scope 3 emissions amounting to about 405.6 million kg CO2e. For 2023, total emissions were approximately 442.2 million kg CO2e, comprising 19.9 million kg CO2e for Scope 1, 11.5 million kg CO2e for Scope 2 (market-based), and 410.7 million kg CO2e for Scope 3.
In 2022, SYNLAB reported Scope 1 emissions of approximately 20.9 million kg CO2e and Scope 2 emissions of about 11.3 million kg CO2e (market-based). Scope 3 data was not disclosed for this year. For 2021, Scope 1 and 2 emissions combined were approximately 38.7 million kg CO2e, with Scope 1 at 22.2 million kg CO2e and Scope 2 at 16.5 million kg CO2e.
SYNLAB has established climate commitments, aiming for carbon neutrality by 2025. This includes year-on-year reductions in operational (Scope 1 and 2) greenhouse gas emissions and offsetting any remaining unavoidable emissions by the target year. Specifically, SYNLAB UK & Ireland aims to be carbon neutral by 2025. The company is listed as "Committed" in its near-term target status by the Science Based Targets initiative (SBTi).
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Synlab’s Climate Goals (2030 & 2050)
3 goals2025
At SYNLAB, we have set the goal of becoming carbon neutral b…
At SYNLAB, we have set the goal of becoming carbon neutral by 2025, reducing our operational (Scope 1 & 2) GHG emissions year after year, as…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Synlab’s sustainability data and climate commitments
Data year: 2024
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