Sustainability
Our Environmental Goals
25%
increase of total renewable electricity and credits of total electricity purchased
5%
reduction of regulated medical waste generated
10%
increase of waste reclamation rate
10%
reduction of water withdrawal
By 2026:
10%
increase courier fleet fuel efficiency versus 2021
Making a difference
27%
increase in waste reclaimed per million dollars of revenue versus 2020
23%
decrease in Scope 1 & 2 (market- based) emissions per million dollars of revenue versus 2020
21%
decrease in water withdrawal per million dollars of revenue versus 2020
235%
increase in renewable electricity and renewable energy credits (RECs) purchased versus 2023
+$8M
invested in hybrid and electric vehicles increasing our fleet to over 1,500 vehicles in 2024
$80M
invested in over 70 capital improvement projects containing sustainability benefits
Corporate responsibility
We have joined more than 2,000 businesses and financial institutions by committing to participate in the Science Based Targets initiative (SBTi), which drives ambitious climate action in the private sector by enabling organizations to set science-based emissions reduction targets. In 2023, SBTi approved our targets to:
- Reduce absolute scope 1 and 2 GHG emissions 42% by 2030
- Reduce absolute scope 3 GHG emissions 25% by 2030
Labcorp has published its Environmental Sustainability Policy.
Labcorp has also established a Climate Transition/Carbon Reduction Plan.
