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Boliden AB

Common Name
Boliden
Country
Sweden
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
8,000
Ticker
BOL
Exchange
NASDAQ STOCKHOLM AB
Description
Boliden AB is a leading European metals and mining company specializing in the exploration, extraction, smelting, and recycling of both base and precious metals. The company’s primary products include...

Boliden's GHG Emissions Data Preview

In 2024, Boliden 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).

Boliden has also provided a category-level breakdown for 11 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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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Boliden’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 Boliden’s data sources below and access millions more through our Disclosure Search.

a. Boliden's Annual Report 2024
a. Boliden's Annual Report 2024

Insights into Boliden's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBoliden amounted to864,792metric 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

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Bolidenincreased by 2.66%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Boliden's Scope 1 Emissions Over Time

2019202020212022202320240200 k400 k600 k800 ktCO2e-9%+15%+1%0%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Boliden's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Boliden were 657,646 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Boliden reduced its Scope 1 emissions over time?

Since 2019, Boliden's Scope 1 emissions have increased by 9.97%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Boliden's Scope 1 emissions increased by 4.75%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Boliden's Scope 2 emissions?

In 2024, Boliden reported Scope 2 greenhouse gas (GHG) emissions of 1,379,137 tCOâ‚‚e using the market-based method and 207,146 tCOâ‚‚e using the location-based method.a

Has Boliden reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Boliden's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Boliden's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Boliden use for Scope 2 reporting?

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

Boliden's Scope 2 Emissions Over Time

2019202020212022202320240350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Boliden's Value Chain Emissions

In 2024, Boliden reported 3,334,619 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 Boliden includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Boliden's Scope 3 Emissions Over Time

20212022202320240900 k1.8 M2.7 M3.6 MtCO2e+8%+12%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Boliden's Scope 3 emissions?

In 2024, Boliden reported total Scope 3 emissions of 3,334,619 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 94.06%of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.94%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Boliden's Scope 3 emissions remained relatively stable, indicating that Boliden's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Boliden disclose?

In 2024, Boliden reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

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

  • Purchased Goods and Services (Cat. 1): 2,251,642 tCOâ‚‚e(67.52%)
  • Capital Goods (Cat. 2): 425,513 tCOâ‚‚e(12.76%)
  • Upstream Transportation and Distribution (Cat. 4): 250,762 tCOâ‚‚e(7.52%)

Boliden's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(12.8%)UpstreamTransportation andDistribution(Cat. 4)(7.5%)Purchased Goods andServices (Cat. 1)(67.5%)

Insights into Boliden’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Boliden reported Scope 1 greenhouse gas (GHG) emissions of 657,646 tCOâ‚‚e and total revenues of USD 8,095 millions. This translates into an emissions intensity of 81.24 tCOâ‚‚e per millions USD.a

Boliden's Scope 1 Emissions Intensity Compared to Peers

201,000100,0005,000,000500,000,000Scope 1 Emissions (tCO2e)1005005,00020,000200,000Revenues (Millions of USD)SYKCCCTeck ResourcesYear: 2023Scope 1: 863,000 tCO2eRevenue: $M 11,339Scope 1 Intensity: 76.11 tCO2e/$MErametYear: 2024Scope 1: 2,457,900 tCO2eRevenue: $M 3,052Scope 1 Intensity: 805.31 tCO2e/$MWestern MiningYear: 2024Scope 1: 563,111 tCO2eRevenue: $M 6,855Scope 1 Intensity: 82.15 tCO2e/$MSSSinomine Resource GroupYear: 2024Scope 1: 194,455 tCO2eRevenue: $M 735Scope 1 Intensity: 264.58 tCO2e/$MYYYunnan TinYear: 2024Scope 1: 293,910 tCO2eRevenue: $M 5,751Scope 1 Intensity: 51.10 tCO2e/$MSouth32Year: 2024Scope 1: 9,400,000 tCO2eRevenue: $M 7,524Scope 1 Intensity: 1,249.28 tCO2e/$MKKKorea ZincYear: 2024Scope 1: 2,572,667 tCO2eRevenue: $M 8,214Scope 1 Intensity: 313.21 tCO2e/$MLynas Rare EarthsYear: 2024Scope 1: 69,046 tCO2eRevenue: $M 310Scope 1 Intensity: 222.88 tCO2e/$MIluka ResourcesYear: 2023Scope 1: 454,000 tCO2eRevenue: $M 880Scope 1 Intensity: 516.02 tCO2e/$MSaudi Arabian MiningYear: 2024Scope 1: 10,319,069 tCO2eRevenue: $M 8,665Scope 1 Intensity: 1,190.84 tCO2e/$MGMK Noril'skiy NikelYear: 2024Scope 1: 8,200,000 tCO2eRevenue: $M 12,535Scope 1 Intensity: 654.17 tCO2e/$MHindustan ZincYear: 2024Scope 1: 4,250,000 tCO2eRevenue: $M 3,367Scope 1 Intensity: 1,262.09 tCO2e/$MIndustrias PenolesYear: 2024Scope 1: 1,196,135 tCO2eRevenue: $M 6,650Scope 1 Intensity: 179.87 tCO2e/$MCCChina Tungsten High-techYear: 2024Scope 1: 46,400 tCO2eRevenue: $M 2,020Scope 1 Intensity: 22.97 tCO2e/$MIGOYear: 2024Scope 1: 111,034 tCO2eRevenue: $M 549Scope 1 Intensity: 202.22 tCO2e/$MUnited TractorsYear: 2024Scope 1: 3,762,772 tCO2eRevenue: $M 8,357Scope 1 Intensity: 450.26 tCO2e/$MCCChengtun Mining GroupYear: 2024Scope 1: 4,022,919 tCO2eRevenue: $M 3,526Scope 1 Intensity: 1,141.05 tCO2e/$MZhejiang Huayou CobaltYear: 2024Scope 1: 2,992,418 tCO2eRevenue: $M 8,351Scope 1 Intensity: 358.34 tCO2e/$MVedantaYear: 2025Scope 1: 63,324,730 tCO2eRevenue: $M 17,641Scope 1 Intensity: 3,589.66 tCO2e/$MBHP GroupYear: 2025Scope 1: 7,300,000 tCO2eRevenue: $M 78,349Scope 1 Intensity: 93.17 tCO2e/$MNexa ResourcesYear: 2024Scope 1: 453,864 tCO2eRevenue: $M 2,766Scope 1 Intensity: 164.06 tCO2e/$MSumitomo Metal MiningYear: 2024Scope 1: 1,724,000 tCO2eRevenue: $M 9,544Scope 1 Intensity: 180.63 tCO2e/$MCCCITIC MetalYear: 2024Scope 1: 31 tCO2eRevenue: $M 18,224Scope 1 Intensity: 0.00 tCO2e/$MCMOC GroupYear: 2024Scope 1: 1,340,000 tCO2eRevenue: $M 29,190Scope 1 Intensity: 45.91 tCO2e/$MBolidenYear: 2024Scope 1: 657,646 tCO2eRevenue: $M 8,095Scope 1 Intensity: 81.24 tCO2e/$M

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

In 2024, Boliden reported a Scope 1 emissions intensity of 81.24 tCOâ‚‚e per millions USD. Compared to the peer group median of 243.73, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Boliden rank on GHG emissions intensity within its industry?

In 2024, Boliden ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Boliden is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Boliden's Total Carbon Footprint

In 2024, Boliden reported a total carbon footprint of 4,199,411 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.31% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Boliden's total carbon footprint was Scope 3 emissions, accounting for 79.41% of the company's total carbon footprint, followed by Scope 1 emissions at 15.66%.a

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