BICO Group AB is a Sweden-based bioconvergence company specializing in lab automation and life science solutions for the healthcare industry. Originally founded as CELLINK in 2015 in Gothenburg from r... BICO Group AB is a Sweden-based bioconvergence company specializing in lab automation and life science solutions for the healthcare industry. Originally founded as CELLINK in 2015 in Gothenburg from research at Chalmers University of Technology, it pioneered 3D bioprinting with revolutionary bioinks—hydrogel-based materials enabling the printing of living human cells into 3D structures for tissue engineering, drug discovery, and regenerative medicine. Rebranded in 2021, BICO integrates biology, engineering, and digital technologies to automate life science labs, serving leading pharma and biotech firms with products like Green Button Go software for lab orchestration, off-the-shelf automation tools, bioprinting systems, and brands such as Biosero, CELLINK, and Nanoscribe. Its portfolio spans lab automation, biosciences, bioautomation, and laboratory solutions, with over 48,000 instruments deployed globally across 25+ countries and cited in 12,000+ publications. Employing more than 500 people, BICO drives efficiency by reducing manual tasks, standardizing data for AI applications, and accelerating therapy development to foster innovation in healthier societies.
In 2024, BICO Group was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
BICO Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of BICO Group are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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5.1 CE - Repair, refurbishment and remanufacturing
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5.2 CE - Sale of spare parts
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0000000
Metric
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Opex
0000000
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0000000
Total Taxonomy Eligible Opex
0000000
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c
0000000
Metric
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Capex
0000000
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c
0000000
Total Taxonomy Eligible Capex
0000000
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c
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Limited Data Preview
You are viewing a limited preview of BICO Group’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to 2022.
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Verified Sources Behind BICO Group’s EU Taxonomy Data
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a. BICO Group's Annual Report 2024
b. BICO Group's Annual Report 2023
c. BICO Group's Annual Report 2022
Insights into BICO Group's Revenues from Sustainable Activities
In 2024, BICO Group reported EU Taxonomy-eligible revenues of SEK 774.20 million, representing 36.1% of its total turnover. Of this amount, SEK 66.90 million of BICO Group's revenues was classified as EU Taxonomy-aligned, indicating that 3.1% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
How much of BICO Group's revenue is eligible under the EU Taxonomy?
In 2024, BICO Group reported that SEK 774.20 million of its revenue was eligible under the EU Taxonomy, representing 36.1% of the company's total turnover. Of this amount, SEK 66.90 million (3.1% of total revenue) was classified as Taxonomy-aligned. This means that 33% of BICO Group's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
How much of BICO Group's eligible revenue is aligned with the EU Taxonomy?
In 2024, BICO Group reported that SEK 66.90 million of its revenue was aligned under the EU Taxonomy, representing 3.1% of its total turnover.a
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
BICO Group's Eligibility & Alignment Overview
BICO Group's Contribution to Environmental Objectives
Total Taxonomy Aligned Turnover
How is BICO Group's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, BICO Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 3.1%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does BICO Group earn from selling climate-related solutions ?
In 2024, BICO Group reported that SEK 0 of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0% of the company's total revenue,indicating that BICO Grouphas limited exposureon solutions that support climate action through its commercial activities.a
Insights into BICO Group's CAPEX from Sustainable Activities
In 2024, BICO Group reported EU Taxonomy-eligible CAPEX of SEK 0,representing 0% of its total CAPEX. Of this amount, SEK 0 of BICO Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Insights into BICO Group's OPEX from Sustainable Activities
In 2024, BICO Group reported EU Taxonomy-eligible OPEX of SEK 800,000,representing 0.3% of its total operating expenses (OPEX). Of this amount, SEK 0 of BICO Group's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
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