At Waters, managing energy use and reducing emissions are key to improving operational efficiency, reducing costs, and staying ahead of evolving customer and regulatory expectations. As part of our broader business strategy, we regularly evaluate our global footprint and invest in energy efficiency improvements across our facilities.
In 2023, we achieved our 2025 goal of reducing Scope 1 and 2 GHG emissions by 35%—two years ahead of schedule. This early achievement reflects the effectiveness of site-level energy audits, targeted efficiency initiatives, and continuous performance monitoring across our operations.
To continue our commitment to reducing our emissions, in 2025, we set new near-term and long-term targets that were validated by the Science Based Targets initiative (SBTi). We commit to:
- Near-Term: Reduce absolute Scope 1 and 2 GHG emissions 42.0% by 2030 from a 2024 base year.* Reduce Scope 3 GHG emissions from Use of Sold Products by 51.6% per U.S. dollar value added within the same timeframe. Further, 52% of our suppliers by spend covering purchased goods and services will have science-based targets by 2030.
- Long-Term: Achieve net-zero greenhouse gas emissions across our value chain by 2050. Reduce absolute Scope 1 and 2 GHG emissions 90.0% by 2050 from a 2024 base year.* Reduce Scope 3 GHG emissions from Purchased Goods and Services, Upstream Transportation and Distribution, and Use of Sold Products by 97.0% per U.S. dollar of value added within the same timeframe.
These targets help guide future decision-making and help ensure our approach aligns with emerging climate standards, industry benchmarks, and stakeholder priorities. Our SBTi-aligned strategy will also support long-term cost savings, operational resilience, and readiness for future regulatory requirements.
* The target boundary includes land-related emissions and removals from biogenic feedstocks.
See more at SBTi: Companies Taking Action