Baxter International Inc.

"Baxter International Inc. has committed to achieving carbon neutrality for its direct operations by 2040. Net Zero Tracker
The company has also set an interim target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 25% by 2030 from a 2020 baseline. Net Zero Tracker
This target is aligned with a well-below 2⁰ Celsius science-based target. Net Zero Tracker
An interesting fact about Baxter International's environmental policy is that the company uses or plans to use nature-based carbon removal, such as forestation and soil carbon enhancement, within its target boundary. Net Zero Tracker
In addition, you can check …"

Current Score (vs. LY)

15.5 pts (2.5)

Last Update: Dec. 31, 2023

Current Rankings

Global: #293

S&P500: #183

Health Care: #35

26.7%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

0.0%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

25.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2020Y2019
Scope 1 312,000310,000
Scope 2 - location-based 409,000431,000
Scope 2 - market-based 299,000308,000
Scope 1-2 - location-based 721,000741,000
Scope 1-2 - market-based 611,000 618,000
Scope 3 3,883,3004,274,000
Total - location-based 4,604,3005,015,000
Total - market-based 4,344,300 4,760,000

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 1,034,328911,007
Methodology Pre-calculated sector intensity (revenue)Pre-calculated sector intensity (revenue)

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Baxter International Inc. belongs to the sector Health Care.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Baxter International by zerotracker.net: May 19, 2024
Planning to use external offset credits Yes
Separate targets for emission reductions and removals Yes
Conditions on use of offset credits
  • Avoid biodiversity harm
  • Not include avoided emissions (e.g. via renewable energy projects)
  • Not include emissions reductions (e.g. via greater efficiency)
Plans for carbon dioxide removal (CDR) Yes (nature-based removals e.g. Forestation, soil carbon enhancement)

Additional notes: 'Baxter's energy procurement team works with our suppliers to source sustainable and economical energy for our manufacturing facilities we have offset GHG emissions related to global business travel with United Airlines through the Carbon Choice program. ' During 2020, this included 1,300 metric tons CO2e offset on Baxter’s behalf through the Maísa REDD+ – Sustainable Travel International project (reducing GHG emissions associated with deforestation and forest degradation), a Verified Carbon Standard, and a The company has already achieved and covered some of these points in 2020 as highlighted in the report. 'Climate Community & Biodiversity Standards project in the Brazilian Amazon. By the end of 2020, 28% of our energy use for operations was from renewable sources. Biomass fuel for boilers at two of our locations13 accounted for 10%, and the renewable energy component of purchased electricity and renewable energy certificates together represented 18%. On-site geothermal, solar photovoltaic and solar hot water systems contributed a small amount. Baxter's energy procurement team works with our suppliers to source sustainable and economical energy for our manufacturing facilities. Globally in 2020, we purchased more than 368,000 MWh of electricity generated from 100% certified renewable power, including all electricity purchased in Illinois. ' "Since 2015, we have offset GHG emissions related to global business air travel with United Airlines through the CarbonChoice program. In 2021, this represented 14% of Baxter’s air travel emissions and included 758 metric tons CO2e offset on Baxter’s behalf through Sustainable Travel International’s portfolio of high-quality carbon offsets, including the Trocano Araretama Conservation Project, which is a REDD+-certified forest conservation project located in the state of Amazonas, Brazil." - see Corporate Responsibility Report 2021 pg.23).

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 0.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 0.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 0.0
Transparency 8.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 0.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 0.0
7 Targets are science-based as validated by SBTi 0.0 10.0 0.0
Commitments 0.0 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 7.5 10.0 2.5
Results 7.5 30.0 2.5
Total 15.5 100.0 2.5


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? NC 0.0 / 5.0 0.0 0.0 0.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 0.0 0.0 0.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? NC 0.0 / 5.0 0.0 0.0 0.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? B 8.0 / 10.0 8.0 0.0 8.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? NC 0.0 / 3.0 0.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? NC 0.0 / 3.0 0.0 0.0 0.0
Does the net zero target include all the emissions? NC 0.0 / 4.0 0.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 0.0 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? NC 0.0 / 10.0 0.0 0.0 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.9°C 7.5 / 10.0 5.0 2.5 0.0
Total 15.5 / 100.0 13.0 2.5 8.0


Available Data Sources

Reporting Year 2020 2019
Source CDP CDP
Publication Year 2021 2020
Scope 1 312,000 310,000
Scope 2 - location-based 409,000 431,000
Scope 2 - market-based 299,000 308,000
Scope 1-2 - location-based 721,000 741,000
Scope 1-2 - market-based 611,000 618,000
Scope 3 3,883,300 4,274,000
Total - location-based 4,604,300 5,015,000
Total - market-based 4,344,300 4,760,000

Sources

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

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