IQVIA Goals Validated by SBTi - Smart Energy Decisions

Commercial, Energy Efficiency, GHG Emissions  -  February 26, 2024

IQVIA Goals Validated by SBTi

IQVIA verified its GHG emissions reduction targets, including its net zero by 2050 target, with the Science Based Targets initiative (SBTi). 

A global provider of advanced analytics, technology solutions and clinical research services to the life sciences industry, the company lowered its absolute Scope 3 emissions by 31% and removed over 3,000 kg of single use plastics from its business. 

The company increased the reuse of electronic devices by more than five times, and 13 of IQVIA's labs across Europe, Asia and the U.S. achieved the My Green Lab certification.

IQVIA plans to work with its suppliers to commit to and set SBTi targets, including mandatory training as part of their supplier agreements. Details were published in its 2023 Environmental, Social and Governance (ESG) Report. 

“At IQVIA our mission is to accelerate innovation for a healthier world. Our 87,000 healthcare focused employees integrate AI-powered analytics and healthcare expertise to solve the most complex problems for our life science, regulator and provider customers,” said Ari Bousbib, Chairman and Chief Executive Officer of IQVIA, in a statement. “We are proud that we delivered on our sustainability commitments despite the tumultuous macro-environment we have been operating in.”


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