Thermo Fisher Scientific targets net zero emissions by 2050

It previously set a goal to reduce greenhouse gas emissions by 30% by 2030

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Biotechnology product development company Thermo Fisher Scientific has announced its commitment to achieve net zero carbon emissions by 2050.

It builds on the company’s previous goal of reducing greenhouse gas emissions by 30% by 2030, with emissions monitored and reported to senior leadership on a regular basis to ensure progress.

The targets are part of the Thermo Fisher’s strategy to mitigate its impact on the environment, which includes exploring ways to provide customers with product alternatives that are less hazardous, more energy efficient, create less waste or use sustainable packaging and shipping materials.

In 2019, all its sites across the UK were transitioned to using renewable energy and its site in Scoresby, Australia, upgraded all 1,642 lights in the facility, including office, parking and warehouse lighting, to energy efficient LED fittings.

During that year, the company achieved a 2.8% reduction in greenhouse gas emissions, 3% reduction in water usage and diverted more than 4,300 tons of waste from landfill, with 26 sites working towards zero waste.

Marc N. Casper, Chairman, President and Chief Executive Officer, Thermo Fisher Scientific said: “To better serve our customers and society overall, we continue to build on our commitment to sustainability.

“At Thermo Fisher, we have a culture of continuous improvement, which is powered by our PPI [Practical Process Improvement] Business System. Our goal to find a better way every day inspires our colleagues to drive innovation and deliver new solutions. The effort to achieve net zero emissions by 2050 will further engage all 80,000 of our colleagues to address climate change.”