ConvaTec

Health Care Supplies
CTEC.L
GBX 247 (0.88)%
Share price
$ 6.4 bn
Market Cap
$ 8.2 bn
Enterprise Value

Carbon footprint

3.5 Ton
GHG emissions per $ 1 mln investment
0.1x the weighted average for S&P 500
FY2021
How is this calculated?
-2.2%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-5%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -9.3% weighted average for S&P 500
FY2022
How is this calculated?

ConvaTec aims to reduce Scope 1 + 2 by 5% by 2022 from a base year 2021


This target has not been verified as science based according to SBTi
ConvaTec's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

ConvaTec's GHG emissions (market-based) (Kt of CO2e)
ConvaTec's Carbon intensity (Tons per 1 USDm)

ConvaTec's carbon footprint

ConvaTec reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 31 December 2021 at 29 Kt (-0.66 /-2.2% y-o-y). Also positively, carbon intensity decreased to 14 t (-1.4 /-9% y-o-y).

No public disclosure of Scope 3 emissions has been found for ConvaTec at the moment.

The company is committed to reducing Scope 1 + 2 by 5% by 2022 from a base year 2021, which translates into the estimated reduction of -1.4 Kt per annum over the period of FY2022 - FY2022. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

ConvaTec also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Convatec commits to reduce absolute scope 1 and 2 GHG emissions 70% by 2030 from a 2021 base year. Convatec also commits to reduce scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, and waste generated in operations 52% per sold product within the same timeframe.

Company environmental metrics

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