Labcorp

Health Care Services
LH
$ 215 (0.41)%
Share price
$ 18 bn
Market Cap
$ 23 bn
Enterprise Value

Carbon footprint

14 Ton
GHG emissions per $ 1 mln investment
0.42x the weighted average for S&P 500
FY2020
How is this calculated?
-4%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

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

Labcorp's carbon footprint

Labcorp reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 332 Kt (-14 /-4% y-o-y). Also positively, carbon intensity tumbled to 24 t (-6.1 /-20.4% y-o-y).

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

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Labcorp also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Labcorp commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2020 base year. Labcorp also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution and downstream transportation and distribution 25% within the same timeframe.

Company environmental metrics

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