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WALTHAM, Mass.--(BUSINESS WIRE)--Dec 6, 2022--
Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced a new 2030 greenhouse gas emissions reduction target to reduce its Scope 1 and 2 emissions from operations by more than 50% from a 2018 baseline. 1 The company is on track to achieve its previous 2030 goal of a 30% reduction, ahead of schedule.
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The company’s new 50% reduction target fulfills its commitment to the Business Ambition to 1.5˚C campaign and aligns its climate strategy with the Paris Agreement and its reduction targets with the 1.5˚C pathway. This represents an important milestone in Thermo Fisher’s pursuit of a net-zero value chain by 2050, which includes Scope 1, 2 and 3 emissions. The company has submitted its targets to the Science Based Targets initiative for validation.
“Our net-zero goal reflects Thermo Fisher’s commitment to environmental sustainability across the company,” said Marc N. Casper, chairman, president and chief executive officer of Thermo Fisher. “Delivering on interim targets in an accelerated timeframe is a testament to our colleagues and the investments behind our ongoing climate strategy. Our ambitious new 2030 target on the path to net-zero emissions by 2050 reinforces our Mission to enable our customers to make the world healthier, cleaner and safer.”
The company has taken a multi-pronged approach in pursuit of net-zero emissions by:
More information about the company’s environmental, social and governance progress can be found at www.thermofisher.com/csr.
About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD. For more information, please visit www.thermofisher.com.
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1 New target is 50.4%. Both targets from a 2018 baseline
2 By spend
View source version on businesswire.com:https://www.businesswire.com/news/home/20221206005156/en/
CONTACT: Media Contact:
Sandy Pound
Phone: 781-622-1223
E-mail:sandy.pound@thermofisher.comInvestor Contact:
Rafael Tejada
Phone: 781-622-1356
E-mail:rafael.tejada@thermofisher.com
KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS
INDUSTRY KEYWORD: ENVIRONMENTAL POLICY PROFESSIONAL SERVICES HEALTH ENVIRONMENTAL ISSUES GENERAL HEALTH ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) OTHER SCIENCE RESEARCH ENVIRONMENT SCIENCE SUSTAINABILITY
SOURCE: Thermo Fisher Scientific Inc.
Copyright Business Wire 2022.
PUB: 12/06/2022 08:00 AM/DISC: 12/06/2022 08:02 AM
http://www.businesswire.com/news/home/20221206005156/en