CO2 Emissions
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.
- For the scope measured in 2023 (covering >95% of our FTEs and 75% of sites), the total carbon emissions for Scopes 1, 2 and 3 have been determined as 457,527 metric tonnes of CO2 equivalents.
- The Greenhouse Gas Protocol was used as guiding methodology for this carbon footprint measurement exercise. The calculations conform to the ISO 14064 standard and the European Emissions Trading Scheme (EU ETS / Directive 2003/87/EC).
- The relative emissions in 2023 for Scopes 1, 2 and 3 were approximately eight metric tonnes of CO2 equivalent per FTE.
- Eurofins achieved a consistent reduction of our CO2/FTE footprint over the past four years with a 18.5% reduction in 2023 compared to 2019 (baseline year).
We are taking action on several other fronts, including:
- The completion of an annual ESG review exercise (in addition to the operational financial budget activity) that requires quantifiable reduction targets for Scope 1, 2 and 3 CO2 emissions.
- Launching a number of additional carbon reduction projects in 2023 together with our individual businesses including, but not limited to, renewable energy sourcing, green commuting initiatives (e.g., carpooling, bike to work challenges, public transportation subsidies, on-site electric vehicle charging stations), solar panel installations, solar farms and more.
- Eurofins signed a vPPA (virtual Power Purchase Agreement) that will generate ca. 76.000 MWh annually of renewable electricity. This represents an important milestone on our path to Carbon Neutrality by 2025. It helps us to significantly reduce carbon emissions across the Eurofins network, ensuring that more than one-third of our addressable European footprint is powered by 100% renewable electricity. The solar field in Spain is expected to start production in early 2025 and the contract is signed for 15 years.
- Facilitating bi-monthly best practice sessions with the 150+ member team of local CO2 Champions.
- 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 2023 (2022: 200,000 tonnes CO2). The retired offsets fully cover the remaining Scope 1 and 2 emissions in 2023 (176,080 tonnes CO2e).
For additional details regarding our carbon neutrality objective, refer to our ESG Report 2023.