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Boliden AB

Common Name
Boliden
Country
Sweden
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
8,154
Ticker
BOL
Exchange
NASDAQ STOCKHOLM AB
Description
Boliden AB (publ) is a Swedish mining and metals company specializing in the exploration, extraction, production, smelting, and recycling of base and precious metals. Operating primarily through its M...

Boliden's GHG Emissions Data Preview

In 2025, 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)202520242023
2022 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Boliden’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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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 Integrated Report 2025
b. Boliden's Annual Report 2024

Insights into Boliden's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Boliden amounted to 945,738 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

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Boliden decreased by 0.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Boliden's Scope 1 Emissions Over Time

20192020202120222023202420250200 k400 k600 k800 ktCO2e-6%+63%-40%+6%+66%0%
  • Total Scope 1
  • Year-over-Year Change

What are Boliden's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Boliden were 685,577 metric tons of CO₂ equivalent (tCO₂e).a

Has Boliden reduced its Scope 1 emissions over time?

Since 2019, Boliden's Scope 1 emissions have increased by 61.31%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), Boliden's Scope 1 emissions remained relatively stable, indicating that Boliden's emissions have plateaued with no significant change in its operational footprint.a

What are Boliden's Scope 2 emissions?

In 2025, Boliden reported Scope 2 greenhouse gas (GHG) emissions of 1,853,894 tCO₂e using the market-based method and 260,161 tCO₂e using the location-based method.a

Has Boliden reduced its Scope 2 emissions over time?

Compared to the previous year (2024), 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 2025, 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

20192020202120222023202420250500 k1 M1.5 M2 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 2025, Boliden reported 3,991,903 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 2025 disclosure of Boliden includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Boliden's Scope 3 Emissions Over Time

2021202220232024202501 M2 M3 M4 MtCO2e-12%+12%+13%+4%
  • Total Scope 3
  • Year-over-Year Change

What are Boliden's Scope 3 emissions?

In 2025, Boliden reported total Scope 3 emissions of 3,991,903 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 80.56% of these emissions originated from upstream activities such as purchased goods and capital goods, while 19.44% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2024), 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 2025, Boliden reported emissions for 10 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 2025, the largest contributors to Boliden's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 2,157,382 tCO₂e (54.04%)
  • Processing of Sold Products (Cat. 10): 722,977 tCO₂e (18.11%)
  • Capital Goods (Cat. 2): 394,718 tCO₂e (9.89%)

Boliden's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(9.9%)Processing of SoldProducts (Cat. 10)(18.1%)Purchased Goods andServices (Cat. 1)(54.0%)

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

In 2025, Boliden reported Scope 1 greenhouse gas (GHG) emissions of 685,577 tCO₂e and total revenues of USD 10,166 millions. This translates into an emissions intensity of 67.44 tCO₂e per millions USD.a

Boliden's Scope 1 Emissions Intensity Compared to Peers

201,000100,0005,000,000500,000,000Scope 1 Emissions (tCO2e)505002,00020,000200,000Revenues (Millions of USD)SYKGVCCCTeck ResourcesYear: 2023Scope 1: 863,000 tCO2eRevenue: $M 11,339Scope 1 Intensity: 76.11 tCO2e/$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: $M 5,751Scope 1 Intensity: 51.10 tCO2e/$MJinduicheng MolybdenumYear: 2024Scope 1: 28,217 tCO2eRevenue: $M 1,859Scope 1 Intensity: 15.17 tCO2e/$MSouth32Year: 2024Scope 1: 9,400,000 tCO2eRevenue: $M 7,524Scope 1 Intensity: 1,249.28 tCO2e/$MKKKorea ZincYear: 2024Scope 1: 2,572,667 tCO2eRevenue: $M 8,214Scope 1 Intensity: 313.21 tCO2e/$MGGGriffin MiningYear: 2024Scope 1: 14,082 tCO2eRevenue: $M 106Scope 1 Intensity: 133.42 tCO2e/$MGMK Noril'skiy NikelYear: 2024Scope 1: 8,200,000 tCO2eRevenue: $M 12,535Scope 1 Intensity: 654.17 tCO2e/$MIndustrias PenolesYear: 2024Scope 1: 1,196,135 tCO2eRevenue: $M 6,650Scope 1 Intensity: 179.87 tCO2e/$MVVVolcan Compania MineraYear: 2024Scope 1: 54,345 tCO2eRevenue: $M 961Scope 1 Intensity: 56.58 tCO2e/$MSCR- SibelcoYear: 2024Scope 1: 239,778 tCO2eRevenue: $M 2,315Scope 1 Intensity: 103.57 tCO2e/$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: $M 29,165Scope 1 Intensity: 45.95 tCO2e/$MBolidenYear: 2025Scope 1: 685,577 tCO2eRevenue: $M 10,166Scope 1 Intensity: 67.44 tCO2e/$M

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

In 2025, Boliden reported a Scope 1 emissions intensity of 67.44 tCO₂e per millions USD. Compared to the peer group median of 164.06, 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 2025, Boliden ranked 7 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2025, Boliden reported a total carbon footprint of 4,937,641 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.08% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Boliden's total carbon footprint was Scope 3 emissions, accounting for 80.85% of the company's total carbon footprint, followed by Scope 1 emissions at 13.88%.a

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