Tecan

Life Sciences Tools & Services
TECN.SW
CHF 317 (1.9)%
Share price
$ 4.1 bn
Market Cap
$ 4.2 bn
Enterprise Value

Carbon footprint

0.31 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2021
How is this calculated?
-30%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-31%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Tecan aims to reduce Scope 1 + 2 by 33% by 2022 from a base year 2019


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

GHG emissions and Carbon intensity

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

Tecan's carbon footprint

Tecan reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1.3 Kt (-0.57 /-30.1% y-o-y). Also positively, carbon intensity tumbled to 1.3 t (-1.1 /-45.8% y-o-y).

Tecan's Scope 3 emissions was up at 2.8 Kt (+0.61/+28% y-o-y).

The company is committed to reducing Scope 1 + 2 by 33% by 2022 from a base year 2019, which translates into the estimated reduction of -0.41 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.

Company environmental metrics

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