Waters

Waters Corporation, a US-based company in the research and development services sector (73), has outlined significant carbon emissions reduction commitments and reported its latest emissions data.

For the year 2024, Waters reported a total of approximately 386.9 million kg CO2e. This total comprises approximately 15.1 million kg CO2e for Scope 1 emissions, approximately 7.3 million kg CO2e for Scope 2 emissions (market-based), and approximately 386.9 million kg CO2e for Scope 3 emissions. Key contributors to their Scope 3 emissions include purchased goods and services (approximately 121.8 million kg CO2e), upstream transportation and distribution (approximately 32.3 million kg CO2e), and the use of sold products (approximately 196.1 million kg CO2e).

Waters has established ambitious climate targets, aligned with the Science Based Targets initiative (SBTi). These commitments include:

• Net-Zero by 2050: Waters commits to achieving net-zero greenhouse gas emissions across its value chain by 2050.
• Near-Term Scope 1 & 2 Reductions: A commitment to reduce absolute Scope 1 and 2 GHG emissions by 42.0% by 2030 from a 2024 base year.
• Long-Term Scope 1 & 2 Reductions: A commitment to reduce absolute Scope 1 and 2 GHG emissions by 90.0% by 2050 from a 2024 base year.
• Scope 3 Reductions:
  • Reduce Scope 3 emissions from the use of sold products by 51.6% per USD value added by 2030.
  • Reduce Scope 3 emissions from purchased goods and services, upstream transportation and distribution, and use of sold products by 97.0% per USD value added by 2050.
  • Ensure 52% of suppliers by spend covering purchased goods and services have science-based targets by 2030.

Previously, Waters reported a reduction in total Scope 1 & 2 emissions of 10.3% by the end of 2020, against a 2016 baseline. They also had a near-term target to reduce GHG emissions by 35% by 2025 from a 2016 baseline.