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OrganisationsClarivate
Clarivate logo

Clarivate

Business ServicesUnited KingdomNYSE: CLVT
Last verified 2 months agoclarivate.com

Clarivate Analytics, commonly referred to as Clarivate, is a leading provider of insights and analytics in the realm of intellectual property and scientific research. Headquartered in Great Britain, the company operates globally, serving clients across various sectors, including academia, government, and industry. Founded in 2016, Clarivate emerged from the legacy of Thomson Reuters, marking a significant milestone in the evolution of data-driven decision-making.

Specialising in areas such as patent analytics, scientific research, and regulatory compliance, Clarivate offers unique products like Web of Science and Derwent Innovation, which empower organisations to harness data effectively. With a strong market position, Clarivate is recognised for its commitment to innovation and excellence, helping clients navigate complex landscapes and drive growth through informed strategies.

50
DitchCarbon score

+18 vs industry average

Clarivate’s score of 50 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Business Services has below-average carbon intensity

Industry performance

0.078
20192025

The Business Services industry has increased its overall emissions by 24% since 2019

Emissions trajectory 2020 – 2027

00.0M00.0M00.0M0.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Clarivate's reported carbon emissions

Clarivate, a UK-based company operating in the 'Other business services (74)' industry, has reported its carbon emissions and set climate commitments.

For the year 2024, Clarivate's total reported emissions are approximately 1.73 billion kg CO2e. This figure comprises:

  • Scope 1 emissions: approximately 233,000 kg CO2e
  • Scope 2 emissions (market-based): approximately 15.24 million kg CO2e
  • Scope 3 emissions (business travel): approximately 10.50 million kg CO2e

In 2023, total reported emissions were approximately 1.60 billion kg CO2e, with Scope 1 emissions at about 180,000 kg CO2e, Scope 2 (market-based) at approximately 15.59 million kg CO2e, and Scope 3 (business travel) at about 8.33 million kg CO2e.

Clarivate has established reduction targets:

  • A near-term target to reduce Scope 1 emissions by 50% from a 2019 baseline by 2030.
  • A near-term target to reduce Scope 2 emissions by 50% from a 2019 baseline by 2030.

The company also holds a net-zero commitment with a target year of 2050, which is aligned with a 1.5°C pathway. This commitment was noted as being made in April 2022. Some previous SBTi commitments have been marked as removed or expired.

The emissions data is not cascaded from a parent organisation, with Clarivate being the source for its reported data.

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Clarivate’s Climate Goals (2030 & 2050)

2 goals

2030

50% reduction in Scope 1

We aim to reduce our Scope 1 emissions by 50% from a 2019 baseline by 2030.

On track50%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 2 climate goals

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Scope 3 top emissions categories

1 of 15 categories disclosed
Business Travel100%
Business Travel100%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Clarivate logoClarivate
GBBusiness Services
2 months ago
50
John Wiley And Son logoJohn Wiley And Son
USMedia Production
27 days ago
100
View
Wolters Kluwer logoWolters Kluwer
NLAll Other Legal Services
5 days ago
100
View
Moody’s Investors Service, Inc logoMoody’s Investors Service, Inc
USInvestment Banking and Securities Dealing
1 day ago
100
View
Msci logoMsci
USServices Auxiliary to Financial Intermediation
18 days ago
86
View
Factset logoFactset
USComputer Services
1 month ago
80
View
Verisk Analytics logoVerisk Analytics
USResearch Services
7 days ago
76
View

Frequently asked questions

Common questions about Clarivate’s sustainability data and climate commitments

Clarivate's total carbon emissions for 2024 are approximately 1.73 billion kg CO₂e. This includes Scope 1 emissions of about 233,000 kg CO₂e, Scope 2 emissions at roughly 15.24 million kg CO₂e, and Scope 3 emissions from business travel at around 10.50 million kg CO₂e. The company has shown a slight increase in emissions compared to 2023, when total emissions were approximately 1.60 billion kg CO₂e, indicating a need for continued focus on reduction strategies.

Data year: 2024

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