Thermo Fisher Scientific

Life Sciences Tools & Services

TMO

$ 490 (0.13)%

Share price

$ 189 bn

Market Cap

$ 219 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.08x the weighted average for S&P 500

FY2022

Primary Climate Goal

Thermo Fisher Scientific aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2018

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.5% weighted average for S&P 500

FY2023

Thermo Fisher Scientific aims to achieve net zero for all Scopes by 2050

1.5°C

GHG emissions and Carbon intensity

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 (-223 /-1.7% y-o-y). The performance has been erratic recently.

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.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4	606	352	254	12,569	44,915	14
2021Q4	661	350	311	12,792	39,211	17
2020Q4		200		11,035	32,218