Wellcome Trust Sustainability Profile
The Wellcome Trust, a global charitable foundation based in Great Britain, is dedicated to improving health through research and innovation. Founded in 1936, it has established itself as a leader in the biomedical research sector, funding groundbreaking studies and initiatives across various health-related fields. With its headquarters in London, the Trust operates extensively in the UK and internationally, supporting projects that address pressing health challenges. Wellcome Trust is renowned for its commitment to advancing scientific knowledge and public health, offering grants and resources that empower researchers and institutions. Its unique approach combines funding with a focus on collaboration, ensuring that discoveries translate into real-world benefits. Notable achievements include significant contributions to the understanding of infectious diseases and mental health, positioning Wellcome Trust as a pivotal player in the global health landscape.
DitchCarbon Score
How does Wellcome Trust'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 Membership 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
Wellcome Trust's score of 20 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wellcome Trust's reported carbon emissions
In 2023, the Wellcome Trust reported total carbon emissions of approximately 7,126,000 kg CO2e, with emissions distributed across various scopes: 2,501,000 kg CO2e from Scope 1, 4,246,000 kg CO2e from Scope 2, and 379,000 kg CO2e from Scope 3. The Scope 1 emissions primarily stemmed from stationary combustion (1,665,000 kg CO2e) and mobile combustion (2,000 kg CO2e). Scope 2 emissions were entirely from purchased electricity, while Scope 3 emissions included significant contributions from business travel (302,000 kg CO2e). In 2022, the Trust's emissions were slightly lower at about 5,775,000 kg CO2e, with Scope 1 emissions at 2,267,000 kg CO2e, Scope 2 at 3,205,000 kg CO2e, and Scope 3 at 367,000 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023. Despite these figures, the Wellcome Trust has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The Trust's emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting and climate commitments. Overall, the Wellcome Trust's emissions reflect its operational impact, and while it has not established formal reduction targets, the data highlights areas for potential improvement in its sustainability efforts.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 4,571,000 | 0,000,000 |
| Scope 2 | 5,730,000 | 0,000,000 |
| Scope 3 | 501,000 | 000,000 |
How Carbon Intensive is Wellcome Trust's Industry?
How Carbon Intensive is Wellcome Trust's Location?
Wellcome Trust'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.
Wellcome Trust 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.
