Balco Group AB

Common Name
Balco Group
Country
Sweden
Sector
Consumer Cyclical
Industry
Residential Construction
Employees
562
Ticker
BALCO
Exchange
NASDAQ STOCKHOLM AB
Description
Balco Group AB is a prominent player in the construction industry, focusing primarily on designing, manufacturing, and installing glazed balcony systems. The core function of Balco Group AB is to enha...

Balco Group's Climate Target Data Preview

As of 2023, Balco Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Balco Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Worked Hours
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2025

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Balco Group's Greenhouse Gas Emissions Pathways

As of 2023, Balco Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Balco Group have a target to reduce the emissions from its operations?

As of 2023, Balco Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Balco Group's most ambitious operational target is to reduce these emissions by 35% by 2025, compared to a baseline of 0.003 Metric Tonnes of CO2 equivalent (mtCO2e) per Worked Hours in 2019.

Balco Group has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2025 value, achieving its climate goal ahead of schedule.

Balco Group's Operational (Scope 1+2) Emissions Pathway

20192023202500000BaselineCurrent (-44%)
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