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Corporate Sustainability >> Environment >> CO2 Emissions

CO2 Emissions

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Eurofins’ companies are committed to measuring and reducing their carbon emissions. Our mission of Testing for Life considers its positive impact on the environment and humanity as a priority. In 2020, we announced the ambitious goal of achieving carbon neutrality by 2025, through a combination of CO2 emission reduction projects and carbon offsetting including the purchase of carbon credits. In early 2024, Eurofins signed the SBTi commitment letter joining the growing group of companies setting ambitious science-based targets.

  • Eurofins’ total carbon emissions for Scopes 1, 2 and 3 have been determined as 470,848 metric tonnes of CO2 equivalents, a reduction of 3.8% versus 2023.
  • The Greenhouse Gas Protocol was used as guiding methodology for this carbon footprint measurement exercise and conform to the ISO 14064 standard.

Co2

  • The carbon intensity per Mio. EUR Revenues in 2024 for Scopes 1, 2 and 3 were approximately 67 tCO2e/mEUR, a reduction of ca. 7% versus 2023.
  • Eurofins achieved a consistent reduction of our tCO2/mEUR footprint over the past five years with a ca. 32% reduction in 2024 compared to 2019 (baseline year).

We are taking action on several other fronts, including:

  • Eurofins is now tracking its carbon reduction achievements by an annual bottom-up performance review of the previous year’s carbon emissions, current year’s targets and next year’s target. These targets are also included in the individual performance reviews of all Eurofins leaders and make up part of their variable compensation. This is done as part of the annual ESG budget exercise (in addition to the operational financial budget activity) that requires quantifiable reduction targets for Scope 1, 2 and 3 CO2 emissions (in tCO2e/FTE).
  • Eurofins has launched its Sustainable Procurement Programme and intensified its supplier engagement. Focus areas were improving data quality, requesting supplier emission factors and discussions on ecofriendly solutions and alternative products with lower emission profiles as well as the expectation of a reduction of supplier’s own emissions.
  • Early in 2024, we started our participation in a groundbreaking collaboration with Thermo Fisher Scientific for a 36-megawatt stake in the Serbal Solar Project, a huge 127-megawatt solar farm in Spain, developed by ib vogt GmbH. This strategic investment is a pivotal step towards our carbon neutrality goal. It will significantly reduce carbon emissions across the Eurofins Network, ensuring that more than 80% of our addressable European and 40% of our global electricity consumption are powered by green electricity. Today, 27% of electricity consumed by Eurofins sites globally is derived from renewable sources.
  • Facilitated bi-monthly meetings with the 150+ member team of local CO2 Champions. Topics discussed included processes and tools to facilitate data collection and analysis, emission reduction targets, and general communication. The continuation of a mandatory “Carbon Footprint Reduction” Training Module to educate all employees about the Eurofins carbon footprint reduction initiative and to provide ideas and guidance for carbon reduction projects.

On its path to carbon neutrality by 2025, Eurofins retired 200,000 metric tonnes of carbon credits in 2024 (2023: 200,000 tonnes CO2). The retired offsets fully cover the remaining Scope 1 and 2 emissions in 2023 (180,409 tonnes CO2e).

For additional details regarding our carbon neutrality objective, refer to our ESG Report 2024.