- Increased frequency and severity of natural disasters and adverse weather conditions.
- Evolving political dynamics.
- Managing third-party risks globally.
- Protecting data and information assets against external and internal threats.
Laboratory Corporation of America Holdings
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Laboratory Corporation of America Holdings disclosed greenhouse gas emissions of 332.0K tCO2e/year (Scope 1 + Scope 2 market-based). By scope: Scope 1: 182.3K tCO2e/year; Scope 2: 149.7K tCO2e/year (market-based); Scope 3: 1.1M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
332.0K tCO2e/year (Scope 1 + Scope 2 market-based)
2023
Renewable Energy
7.1% of total electricity purchased
of total energy
Water Usage
1.6M m3/year
2023
Waste
16.2K tons/year
2023
Energy Use
4.4M GJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 182.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 149.7K tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.1M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 332.0K tCO2e/year (Scope 1 + Scope 2 market-based) |
| 2022 | 315.4K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total energy consumption per million dollars of revenue by 5% versus 2022
- 8% decrease in Scope 2 (market-based) emissions per million dollars of revenue versus 2022
- 7% increase in renewable electricity and RECs purchased versus 2022
- 22% increase in waste reclaimed versus 2020
- Improved CDP Supplier Engagement Rating to A-
- Maintained CDP Climate Change B rating and EcoVadis Bronze Rating
- SBTi approved Labcorp SBTs to reduce greenhouse gas emissions
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water withdrawal by 10% versus 2020 by 2025
- Increase waste reclaim rate by 10% versus 2020 by 2025
- Reduce regulated medical waste generated by 5% versus 2020 by 2025
📅 Medium-term
- Increase courier fleet fuel efficiency by 10% versus 2021 by 2026
- Increase total renewable electricity and credits to 25% of total electricity purchased versus 2020 by 2025
🔭 Long-term
- Reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030
- Reduce absolute Scope 3 GHG emissions by 25% by 2030
🌱 ESG Focus Areas
Environmental SustainabilityInclusion, Diversity & BelongingCommunity Engagement