Zimmer Biomet Holdings
Primary Climate Goal
Zimmer Biomet Holdings's target annual Scope 1 + 2 emissions for 2030 should be equal to 79 Kt = 55% * 176 Kt, according to the company's stated climate goal.
In order to achieve this goal, Zimmer Biomet Holdings would need to reduce its emissions at least by -9.6 Kt per annum over the period from 2021 to 2030:
-9.6 Kt = ( 79 Kt - 176 Kt ) / (2030 - 2020)
This translates into a -5.5% reduction in 2021.
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.
Zimmer Biomet Holdings aims to reduce Scope 1 + 2 by 55% by 2030 from a base year 2017
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
Zimmer Biomet Holdings reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 176 Kt (-18 /-9.1% y-o-y). At the same time, carbon intensity was up at 25 t (+0.8/+3.3% y-o-y).
Zimmer Biomet Holdings's Scope 3 emissions soared to 1,179 Kt (
The company is committed to reducing Scope 1 + 2 by 55% by 2030 from a base year 2017, which translates into the estimated reduction of -9.6 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.