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BICO Group AB

Common Name
BICO Group
Country
Sweden
Sector
Healthcare
Industry
Medical Devices
Employees
586
Ticker
BICO
Exchange
NASDAQ STOCKHOLM AB
Website
bico.com
Description
Bico Group AB is a pioneering entity in the biotechnology sector, specializing in bio-convergence technologies. The company's primary function is to bridge engineering and biological sciences to creat...

BICO Group's GHG Emissions Data Preview

In 2024, BICO Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

BICO Group has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind BICO Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore BICO Group’s data sources below and access millions more through our Disclosure Search.

a. BICO Group's Annual Report 2024
a. BICO Group's Annual Report 2024

Insights into BICO Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBICO Group amounted to1,293metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

BICO Group's Scope 1 Emissions Over Time

2024010203040tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are BICO Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of BICO Group were 37 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

What are BICO Group's Scope 2 emissions?

In 2024, BICO Group reported Scope 2 greenhouse gas (GHG) emissions of 1,264 tCOâ‚‚e using the market-based method and 1,256 tCOâ‚‚e using the location-based method.a

What methodology does BICO Group use for Scope 2 reporting?

In 2024, BICO Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

BICO Group's Scope 2 Emissions Over Time

202403507001.05 k1.4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into BICO Group's Value Chain Emissions

In 2024, BICO Group reported 23,250 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of BICO Group includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chaina

BICO Group's Scope 3 Emissions Over Time

202406 k12 k18 k24 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are BICO Group's Scope 3 emissions?

In 2024, BICO Group reported total Scope 3 emissions of 23,250 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does BICO Group disclose?

In 2024, BICO Group reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of BICO Group's Scope 3 emissions?

In 2024, the largest contributors to BICO Group's Scope 3 emissions were:a

  • Waste Generated in Operations (Cat. 5): 54 tCOâ‚‚e(100%)

BICO Group's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(100.0%)

Insights into BICO Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, BICO Group reported Scope 1 greenhouse gas (GHG) emissions of 37 tCOâ‚‚e and total revenues of USD 177 millions. This translates into an emissions intensity of 0.21 tCOâ‚‚e per millions USD.a

BICO Group's Scope 1 Emissions Intensity Compared to Peers

102002,00050,000500,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)IEISectraYear: 2024Scope 1: 148 tCO2eRevenue: $M 269Scope 1 Intensity: 0.55 tCO2e/$MLifeTech ScientificYear: 2023Scope 1: 1,528 tCO2eRevenue: $M 195Scope 1 Intensity: 7.84 tCO2e/$MVitrolifeYear: 2024Scope 1: 742 tCO2eRevenue: $M 327Scope 1 Intensity: 2.27 tCO2e/$MElektaYear: 2025Scope 1: 5,007 tCO2eRevenue: $M 1,865Scope 1 Intensity: 2.69 tCO2e/$MNolatoYear: 2024Scope 1: 1,587 tCO2eRevenue: $M 877Scope 1 Intensity: 1.81 tCO2e/$MGlaukosYear: 2024Scope 1: 523 tCO2eRevenue: $M 383Scope 1 Intensity: 1.36 tCO2e/$MEckert & ZieglerYear: 2024Scope 1: 1,165 tCO2eRevenue: $M 308Scope 1 Intensity: 3.78 tCO2e/$MUnited ImagingYear: 2024Scope 1: 3,123 tCO2eRevenue: $M 1,411Scope 1 Intensity: 2.21 tCO2e/$MEl EnYear: 2024Scope 1: 2,131 tCO2eRevenue: $M 589Scope 1 Intensity: 3.62 tCO2e/$MSTERISYear: 2024Scope 1: 57,543 tCO2eRevenue: $M 5,139Scope 1 Intensity: 11.20 tCO2e/$MStrykerYear: 2023Scope 1: 54,854 tCO2eRevenue: $M 20,498Scope 1 Intensity: 2.68 tCO2e/$MLivaNovaYear: 2024Scope 1: 14,173 tCO2eRevenue: $M 1,253Scope 1 Intensity: 11.31 tCO2e/$MMedtronicYear: 2025Scope 1: 174,000 tCO2eRevenue: $M 33,537Scope 1 Intensity: 5.19 tCO2e/$MIIInspiration Healthcare GroupYear: 2024Scope 1: 35 tCO2eRevenue: $M 48Scope 1 Intensity: 0.74 tCO2e/$MCochlearYear: 2025Scope 1: 951 tCO2eRevenue: $M 1,542Scope 1 Intensity: 0.62 tCO2e/$MEEEmbla MedicalYear: 2024Scope 1: 2,290 tCO2eRevenue: $M 5,437Scope 1 Intensity: 0.42 tCO2e/$MMGI TechYear: 2023Scope 1: 18 tCO2eRevenue: $M 409Scope 1 Intensity: 0.04 tCO2e/$MGetingeYear: 2024Scope 1: 12,710 tCO2eRevenue: $M 3,154Scope 1 Intensity: 4.03 tCO2e/$MIIIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MBoston ScientificYear: 2024Scope 1: 87,567 tCO2eRevenue: $M 16,747Scope 1 Intensity: 5.23 tCO2e/$MQuidelOrthoYear: 2023Scope 1: 22,544 tCO2eRevenue: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MGN Store NordYear: 2024Scope 1: 2,748 tCO2eRevenue: $M 2,506Scope 1 Intensity: 1.10 tCO2e/$MBICO GroupYear: 2024Scope 1: 37 tCO2eRevenue: $M 177Scope 1 Intensity: 0.21 tCO2e/$M

How does BICO Group's GHG emissions intensity compare to its peers?

In 2024, BICO Group reported a Scope 1 emissions intensity of 0.21 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.68, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does BICO Group rank on GHG emissions intensity within its industry?

In 2024, BICO Group ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places BICO Group among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into BICO Group's Total Carbon Footprint

In 2024, BICO Group reported a total carbon footprint of 24,543 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions.a

The largest contributor to BICO Group's total carbon footprint was Scope 3 emissions, accounting for 94.73% of the company's total carbon footprint, followed by Scope 2 emissions at 5.12%.a

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