Orion Corporation Sustainability Profile
Orion Corporation, a prominent player in the pharmaceutical and diagnostics industry, is headquartered in the United States. Founded in 1990, the company has established a strong presence in North America and Europe, focusing on innovative healthcare solutions. Orion Corporation is renowned for its cutting-edge products, including prescription medications and advanced diagnostic tools, which are distinguished by their quality and efficacy. With a commitment to research and development, Orion has achieved significant milestones, including numerous FDA approvals and partnerships with leading healthcare institutions. The company’s dedication to improving patient outcomes has solidified its position as a trusted name in the industry. Orion Corporation continues to lead the way in delivering unique healthcare solutions that cater to the evolving needs of patients and healthcare providers alike.
DitchCarbon Score
How does Orion Corporation'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 Metal Fabrication 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
Orion Corporation's score of 68 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Orion Corporation's reported carbon emissions
In 2023, Orion Corporation reported total carbon emissions of approximately 431,404,000 kg CO2e. This figure includes 5,511,000 kg CO2e from Scope 1 emissions, 8,429,000 kg CO2e from Scope 2 (market-based), and a significant 417,464,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by purchased goods and services, which account for about 301,060,000 kg CO2e. Comparatively, in 2022, the total emissions were approximately 291,599,000 kg CO2e, with Scope 1 emissions at 5,110,000 kg CO2e and Scope 2 emissions (market-based) at 11,544,000 kg CO2e. This indicates a notable increase in emissions year-on-year, particularly in Scope 3 categories. Orion Corporation has set ambitious climate commitments, aiming for a 69% reduction in Scope 1 and Scope 2 emissions by 2030, using 2016 as a baseline. Additionally, the company is targeting carbon neutrality in its operations by 2031. These targets reflect a long-term commitment to sustainability and align with industry standards for climate action. The emissions data is cascaded from the parent company, Smiths Group plc, indicating a corporate family relationship that influences Orion's sustainability reporting and targets.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 26,860,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 41,087,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Orion Corporation's Industry?
How Carbon Intensive is Orion Corporation's Location?
Orion Corporation's Scope 3 Categories Breakdown
Orion Corporation's Scope 3 emissions, which increased by 52% last year and increased by approximately 64% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 72% of Scope 3 emissions.
Top Scope 3 Categories
Orion Corporation'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.
Orion Corporation 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.
