Wellcome Trust
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 17 is lower than 88% 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 stem from stationary combustion, accounting for about 1,665,000 kg CO2e, while Scope 2 emissions are entirely attributed to purchased electricity. Scope 3 emissions include 302,000 kg CO2e from business travel and 12,000 kg CO2e from fuel and energy-related activities. In 2022, the Trust's total emissions were approximately 5,775,000 kg CO2e, showing a significant increase in 2023. The breakdown for 2022 included 2,267,000 kg CO2e from Scope 1, 3,205,000 kg CO2e from Scope 2, and 367,000 kg CO2e from Scope 3. The 2021 emissions were even higher at about 10,877,000 kg CO2e, indicating a fluctuating trend in their carbon footprint. Despite these figures, the Wellcome Trust has not disclosed specific reduction targets or initiatives as part of their climate commitments. There are no SBTi (Science Based Targets initiative) reduction targets or documented climate pledges currently in place. The Trust's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. Overall, the Wellcome Trust's emissions data highlights the need for ongoing assessment and potential strategies to address their carbon footprint effectively.
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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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Wellcome Trust is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
