Thermo Fisher Scientific
Primary Climate Goal
Thermo Fisher Scientific aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2018
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
Secondary Climate Goal
Thermo Fisher Scientific's target annual all Scopes emissions for 2050 should be equal to 0 Kt = 0% * 13,175 Kt, according to the company's stated climate goal.
In order to achieve this goal, Thermo Fisher Scientific would need to reduce its emissions at least by -471 Kt per annum over the period from 2023 to 2050:
-471 Kt = ( 0 Kt - 13,175 Kt ) / (2050 - 2022)
This translates into a -3.6% reduction in 2023.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Thermo Fisher Scientific aims to achieve net zero for all Scopes by 2050
Science Based Targets initiative
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Thermo Fisher Scientific reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 606 Kt (-55 /-8.3% y-o-y). Also positively, carbon intensity was down at 14 t (-3.4 /-20.1% y-o-y).
Thermo Fisher Scientific's Scope 3 emissions declined to 12,569 Kt (
The company is committed to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -471 Kt per annum over the period of FY2023 - FY2050. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.