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) | 2024 |
|---|---|
Total Scope 1 | 37a |
Total Scope 2 | |
Market-Based | 1,264a |
Location-Based | 1,256a |
Total Scope 3 | 23,250a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.2361a |
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In 2024, the total operational greenhouse gas (GHG) emissions of BICO Group amounted to 1,293 metric 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
In 2024, the total Scope 1 emissions of BICO Group were 37 metric tons of CO₂ equivalent (tCO₂e).a
In 2024, BICO Group reported Scope 2 greenhouse gas (GHG) emissions of 1,264 tCO₂e using the market-based method and 1,256 tCO₂e using the location-based method.a
In 2024, BICO Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, BICO Group reported 23,250 metric tons of CO₂ equivalent (tCO₂e) 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 1 of 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
In 2024, BICO Group reported total Scope 3 emissions of 23,250 metric tons of CO₂ equivalent (tCO₂e).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
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.
In 2024, the largest contributors to BICO Group's Scope 3 emissions were:a
In 2024, BICO Group reported Scope 1 greenhouse gas (GHG) emissions of 37 tCO₂e and total revenues of USD 157 millions. This translates into an emissions intensity of 0.24 tCO₂e per millions USD.a
In 2024, BICO Group reported a Scope 1 emissions intensity of 0.24 tCO₂e 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
In 2024, BICO Group ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places BICO Group among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, BICO Group reported a total carbon footprint of 24,543 metric tons of CO₂ equivalent (tCO₂e) 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