Qiagen

Life Sciences Tools & Services

QGEN

$ 43 (0.67)%

Share price

$ 9.6 bn

Market Cap

$ 10 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.08x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -9.3% weighted average for S&P 500

FY2021

Qiagen aims to reduce Scope 1 + 2 by 40% by 2030 from a base year 2020

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Stronger than the -1.4% weighted average for S&P 500

FY2021

Qiagen aims to achieve net zero for all Scopes by 2050

1.5°C

GHG emissions and Carbon intensity

Qiagen reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 26 Kt (-3.4 /-11.7% y-o-y). Also positively, carbon intensity tumbled to 14 t (-5.3 /-27.6% y-o-y).

Qiagen's Scope 3 emissions soared to 396 Kt (+364/+1123% y-o-y). The time series has been volatile over the last few periods.

The company is committed to reducing Scope 1 + 2 by 40% by 2030 from a base year 2020, which translates into the estimated reduction of -1 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -1.9 Kt per annum over the period of FY2021 - FY2050. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4		11		396	2,252
2020Q4	26	10	16	32	1,870	14
2019Q4	29	11	19	37	1,526	19
2018Q4	29				1,502	19