Baxter International Inc.
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, 2023Greenhouse Gas Emissions
Last 3 Years Emissions Data Summary
Y2020 | Y2019 | |
---|---|---|
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 |
Note: Data sources detailed here
Y2022 | Y2021 | |
---|---|---|
Total CO2e estimate (by Net0Tracker) | 1,034,328 | 911,007 |
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
Value Chain (scope 3) Emissions by Category
Emissions Trajectory (Full Scopes)
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.
Offsets
Last update for Baxter International by zerotracker.net: Sept. 4, 2024Planning to use external offset credits | Yes |
Separate targets for emission reductions and removals | Yes |
Conditions on use of offset credits |
|
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. '
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 |
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
- CDP: Data from CDP Climate Change Questionnaire - see Free SFDR data library
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