The Spectranetics Corporation Sustainability Profile
The Spectranetics Corporation, a leader in the medical device industry, is headquartered in the United States and operates extensively across North America and Europe. Founded in 1984, the company has established itself as a pioneer in the development of innovative solutions for vascular intervention and cardiovascular procedures. Spectranetics is renowned for its advanced laser technology, particularly in the treatment of peripheral vascular disease and coronary artery disease. Their core products, including the CVX-300 and the Turbo-Elite laser systems, are distinguished by their precision and efficacy, setting new standards in minimally invasive procedures. With a strong market position, Spectranetics has achieved significant milestones, including FDA approvals and numerous clinical studies that validate the safety and effectiveness of its offerings. The company continues to drive advancements in the field, contributing to improved patient outcomes and enhanced procedural efficiency.
DitchCarbon Score
How does The Spectranetics 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 Medical Device Manufacturing 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
The Spectranetics Corporation's score of 89 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
The Spectranetics Corporation, headquartered in the US, currently does not report specific carbon emissions data, as no emissions figures are available. However, the company is part of a corporate family relationship with Koninklijke Philips N.V., from which it inherits climate commitments and initiatives. As a current subsidiary of Koninklijke Philips N.V., The Spectranetics Corporation aligns with the sustainability goals set by its parent company. These include participation in various climate initiatives such as the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which are cascaded down from Koninklijke Philips N.V. at a cascade level of 2. While specific reduction targets for The Spectranetics Corporation are not detailed, the overarching commitments from Koninklijke Philips N.V. reflect a strong focus on reducing carbon emissions and enhancing sustainability practices across its subsidiaries. The company is expected to adhere to these industry-standard climate initiatives, contributing to broader efforts in mitigating climate change impacts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2007 | 2008 | 2009 | 2010 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 449,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 717,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 991,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is The Spectranetics Corporation's Industry?
How Carbon Intensive is The Spectranetics Corporation's Location?
The Spectranetics Corporation's Scope 3 Categories Breakdown
The Spectranetics Corporation's Scope 3 emissions, which decreased by 8% last year and increased by approximately 361% since 2007, 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 "Use of Sold Products" being the largest emissions source at 55% of Scope 3 emissions.
Top Scope 3 Categories
The Spectranetics 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.
The Spectranetics Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
