Veralto Sustainability Profile
Veralto, headquartered in the United States, is a leading player in the life sciences and industrial sectors, specialising in advanced analytical and laboratory solutions. Founded in 2023, the company has quickly established itself as a key innovator, focusing on enhancing productivity and efficiency through its cutting-edge technologies. With a diverse portfolio that includes laboratory instruments, software solutions, and data management systems, Veralto stands out for its commitment to quality and precision. The company serves a global market, with significant operations across North America and Europe, catering to a wide range of industries, including pharmaceuticals, biotechnology, and environmental testing. Recognised for its rapid growth and technological advancements, Veralto is poised to redefine industry standards, making it a trusted partner for organisations seeking reliable and innovative solutions in the analytical landscape.
DitchCarbon Score
How does Veralto'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 Business Services 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
Veralto's score of 47 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Veralto's reported carbon emissions
In 2024, Veralto reported total carbon emissions of approximately 2,014,064,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for the entirety of their disclosed emissions. Notably, Scope 2 emissions were reported at about 53,000 kg CO2e, while Scope 1 emissions data was not disclosed. Veralto has set ambitious targets to reduce its combined Scope 1 and 2 greenhouse gas emissions by 54.6% from a 2023 baseline by the year 2033. This commitment reflects a long-term strategy to enhance sustainability and reduce their carbon footprint in alignment with industry standards. In 2023, the company reported approximately 2,057,439,000 kg CO2e in total emissions, with Scope 3 emissions again being the primary contributor. The reported Scope 2 emissions for that year were about 23,968,000 kg CO2e. Veralto's climate commitments are part of a broader trend within the technology hardware and equipment sector, where companies are increasingly focusing on sustainability and emissions reduction. The company is currently not committed to a net-zero target but has made near-term commitments to reduce emissions, as evidenced by their participation in initiatives such as the Science Based Targets initiative (SBTi). Overall, Veralto's emissions data and reduction targets underscore its commitment to addressing climate change and improving environmental performance.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 7,637,000 | 0,000,000 | 00,000,000 | - | - | - |
| Scope 2 | 25,972,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 3 | - | - | - | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Veralto's Industry?
How Carbon Intensive is Veralto's Location?
Veralto's Scope 3 Categories Breakdown
Veralto's Scope 3 emissions, which decreased by 2% last year and decreased by approximately 2% since 2023, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Use of Sold Products" being the largest emissions source at 67% of Scope 3 emissions.
Top Scope 3 Categories
Veralto'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.
Veralto has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Veralto's sustainability data and climate commitments