Thermo Fisher Adds Value Chain Emissions to ESG Goals, Commits to Net Zero 2050
Healthcare and life sciences-focused solutions provider Thermo Fisher Scientific announced today an expansion of its environmental sustainability commitments, pledging to reach net zero carbon emissions by 2050.
Marc N. Casper, Chairman, President and Chief Executive Officer, Thermo Fisher Scientific, said:
“To better serve our customers and society overall, we continue to build on our commitment to sustainability. At Thermo Fisher, we have a culture of continuous improvement, which is powered by our PPI Business System. Our goal to find a better way every day inspires our colleagues to drive innovation and deliver new solutions. The effort to achieve net-zero emissions by 2050 will further engage all 80,000 of our colleagues to address climate change.”
Thermo Fisher’s net zero goal builds on its current Science-Based Targets initiative (SBTi)-aligned goal to reduce Scope 1 and 2 emissions by 30% by the end of 2030. Additionally, the company added a Scope 3 component to its targets, with a commitment to reduce its value chain emissions.
Thermo Fisher highlighted some of the initiatives it is undertaking in order to achieve its net zero target including making its facilities more energy efficient, increasing the use of renewable energy, and reducing waste in its operations.
Casper added:
“Our goal to achieve carbon neutrality is another example of our commitment to doing business the right way and our mission to enable our customers to make the world healthier, cleaner and safer. We are taking deliberate actions today to strengthen our business for tomorrow’s customers, colleagues and communities.”