Boston Scientific
More information available in H2-2024

Current Score (vs. LY)

10.0 pts (-)

Last Update: Nov. 21, 2023

Current Rankings

Global: #353

S&P500: #227

Health Care: #40

0.0%

Transparency

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

25.0%

Commitments

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

0.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 35,39535,90835,662
Scope 2 - location-based 79,70476,17788,462
Scope 2 - market-based 16,88918,04860,118
Scope 1-2 - location-based 115,099112,085124,124
Scope 1-2 - market-based 52,284 53,956 95,780
Scope 3 1,788,3761,660,20552,516
Total - location-based 1,903,4751,772,290176,640
Total - market-based 1,803,753 1,677,254 148,296

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 903,8781,803,753
Methodology Pre-calculated sector intensity (revenue)As reported

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)


Emissions Trajectory not available



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our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated.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.

Boston Scientific 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our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated.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

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

There is no net zero target recorded in our database. Email us to report missing information Email


Science-based Targets (SBTI)

Date Published / Updated :01/11/2022

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 Targets Set : 1.5°C by 2050 Yes by 2050
Boston Scientific is a member of the Business Ambition for 1.5 campaign (link here )

Overall Net-Zero Target Boston Scientific Corporation commits to reach net-zero greenhouse gas emissions across the value chain by 2050 from a 2019 base year. Near-Term Targets Multinational U.S. healthcare and equipment supplies company Boston Scientific Corporation commits to reduce absolute Scope 1 & 2 GHG emissions 46.2% by 2030 from a 2019 base year. Boston Scientific Corporation also commits to reduce Scope 3 GHG emissions from Purchased Goods & Services, Capital Goods, Fuel & Energy-Related Activities, Upstream transportation & Distribution, and Business travel GHG emissions 55% per USD value added within the same timeframe. Long-Term Targets Boston Scientific Corporation commits to reduce scope 1 and 2 GHG emissions 97% per USD value added, equivalent to 90% absolute reduction, by 2050 from a 2019 base year. Boston Scientific Corporation also commits to reduce scope 3 GHG emissions 97% per USD value added within the same timeframe.

Data source: SBTI

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 Boston Scientific by zerotracker.net: Aug. 30, 2023
Planning to use external offset credits Yes
Separate targets for emission reductions and removals No
Conditions on use of offset credits
  • No conditions specified
Plans for carbon dioxide removal (CDR) No

Additional notes: From CDP submission (https://www.bostonscientific.com/content/dam/bostonscientific/corporate/citizenship/sustainability/Boston-Scientific-Corporation-climate-change.pdf): 'Compensating with carbon credits and offset projects for remaining unavoidable emissions' 'intend to neutralize any unabated emissions with permanent carbon removals at the target year'

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


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 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? NC 0.0 / 5.0 -
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? NONE 0.0 / 10.0 -
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 -
Does the net zero target include an intermediate target by 2030? NC 0.0 / 3.0 -
Does the net zero target include all the emissions? NC 0.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 -
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 -
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 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
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 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: None°C 0.0 / 10.0 -
Total 10.0 / 100.0 -


Available Data Sources

Reporting Year 2021 2021 2020 2019 2018
Source NZPDU Yourstake NZPDU NZPDU NZPDU
Publication Year 2022 unknown 2021 2020 2019
Scope 1 35,395 35,395 35,908 35,662 31,257
Scope 2 - location-based 79,704 NA 76,177 88,462 74,311
Scope 2 - market-based 16,889 16,889 18,048 60,118 53,870
Scope 1-2 - location-based 115,099 35,395 112,085 124,124 105,568
Scope 1-2 - market-based 52,284 52,284 53,956 95,780 85,127
Scope 3 1,788,376 0 1,660,205 52,516 0
Total - location-based 1,903,475 35,395 1,772,290 176,640 105,568
Total - market-based 1,803,753 52,284 1,677,254 148,296 85,127

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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