Thermo Fisher Scientific

Thermo Fisher Scientific, a US-based analytical laboratory instrument manufacturing company, is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050, from a 2018 base year. This long-term target covers all emission scopes and aligns with the Science Based Targets initiative (SBTi) 1.5°C pathway.

For near-term reductions, Thermo Fisher Scientific has set an SBTi-validated target to reduce absolute Scope 1 and 2 GHG emissions by 50.4% by 2030, from a 2018 base year. The company also aims for 90% of its suppliers, by spend covering purchased goods and services, capital goods, and upstream transportation and distribution, to have science-based targets by 2027. Looking further ahead, Thermo Fisher commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2018 base year, and absolute Scope 3 GHG emissions by 90% by 2050 from a 2021 base year.

In 2025, Thermo Fisher Scientific's total emissions are projected to be approximately 7.6 billion kg CO2e. This includes Scope 1 emissions of approximately 324.5 million kg CO2e, Scope 2 emissions (market-based) of approximately 150.6 million kg CO2e, and Scope 3 emissions of approximately 7.1 billion kg CO2e. Key categories within Scope 3 for 2025 include purchased goods and services (approximately 4.75 billion kg CO2e), use of sold products (approximately 1.12 billion kg CO2e), and upstream transportation and distribution (approximately 567.1 million kg CO2e).

Looking at historical data, the company's reported emissions in 2024 were approximately 7.96 billion kg CO2e (Scope 1: 319.2 million kg CO2e, Scope 2 market-based: 241.1 million kg CO2e, Scope 3: 7.4 billion kg CO2e). In 2023, total emissions were about 8.33 billion kg CO2e (Scope 1: 331.5 million kg CO2e, Scope 2 market-based: 241.1 million kg CO2e, Scope 3: 7.76 billion kg CO2e). For 2022, total emissions were roughly 10.45 billion kg CO2e (Scope 1: 329.7 million kg CO2e, Scope 2 market-based: 265.4 million kg CO2e, Scope 3: 9.85 billion kg CO2e). In 2021, the company reported total emissions of approximately 14.02 billion kg CO2e, comprising Scope 1 emissions of approximately 326.7 million kg CO2e, Scope 2 (market-based) emissions of approximately 327.1 million kg CO2e, and Scope 3 emissions of approximately 12.08 billion kg CO2e.

Thermo Fisher Scientific's commitments demonstrate a clear strategy to address climate change by reducing emissions across its operations and value chain.