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Medicover AB

Common Name
Medicover
Country
Sweden
Sector
Healthcare
Industry
Medical Care Facilities
Employees
47,000
Ticker
MCOV B
Exchange
NASDAQ STOCKHOLM AB
Description
Medicover AB (publ) provides healthcare and diagnostic services in Poland, Sweden, and internationally. Its Healthcare Services include service outpatient and inpatient care; dental services; other se...

Medicover's GHG Emissions Data Preview

In 2024, Medicover 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).

Medicover has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 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 Medicover’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 2020, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Medicover’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 Medicover’s data sources below and access millions more through our Disclosure Search.

a. Medicover's Annual Report 2024
b. Medicover's Annual Report 2023

Insights into Medicover's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Medicover amounted to 86,782 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 2023, the total operational greenhouse gas (GHG) emissions of Medicover increased by 10.12%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Medicover's Scope 1 Emissions Over Time

2020202120222023202402 k4 k6 k8 ktCO2e+1%+36%-15%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Medicover's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Medicover were 6,020 metric tons of CO₂ equivalent (tCO₂e).a

Has Medicover reduced its Scope 1 emissions over time?

Since 2020, Medicover's Scope 1 emissions have increased by 22.16%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Medicover's Scope 1 emissions increased by 4.48%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Medicover's Scope 2 emissions?

In 2024, Medicover reported Scope 2 greenhouse gas (GHG) emissions of 62,292 tCO₂e using the market-based method and 80,762 tCO₂e using the location-based method.a

Has Medicover reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Medicover's Scope 2 emissions (Location-Based) rose by 10.56% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Medicover use for Scope 2 reporting?

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

Medicover's Scope 2 Emissions Over Time

20202021202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Medicover's Value Chain Emissions

In 2024, Medicover reported 414,186 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 Medicover includes a breakdown across 7 of 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

Medicover's Scope 3 Emissions Over Time

20212022202320240150 k300 k450 k600 ktCO2e-19%+19%+11%
  • Total Scope 3
  • Year-over-Year Change

What are Medicover's Scope 3 emissions?

In 2024, Medicover reported total Scope 3 emissions of 414,186 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

Compared to the previous year (2023), Medicover's Scope 3 emissions increased by 10.97%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Medicover disclose?

In 2024, Medicover reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

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

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

  • Purchased Goods and Services (Cat. 1): 332,114 tCO₂e (80.18%)
  • Capital Goods (Cat. 2): 45,068 tCO₂e (10.88%)
  • Fuel- and Energy-Related Services (Cat. 3): 25,228 tCO₂e (6.09%)

Medicover's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(10.9%)Fuel- andEnergy-RelatedServices (Cat. 3)(6.1%)Purchased Goods andServices (Cat. 1)(80.2%)

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

In 2024, Medicover reported Scope 1 greenhouse gas (GHG) emissions of 6,020 tCO₂e and total revenues of USD 24,216 millions. This translates into an emissions intensity of 0.25 tCO₂e per millions USD.a

Medicover's Scope 1 Emissions Intensity Compared to Peers

505005,000100,0001,000,000Scope 1 Emissions (tCO2e)505002,00010,00050,000Revenues (Millions of USD)CSCCCR MedicalYear: 2023Scope 1: 1,359 tCO2eRevenue: $M 1,556Scope 1 Intensity: 0.87 tCO2e/$MRamsay Generale de SanteYear: 2025Scope 1: 45,509 tCO2eRevenue: $M 6,148Scope 1 Intensity: 7.40 tCO2e/$MClarianeYear: 2024Scope 1: 80,377 tCO2eRevenue: $M 5,496Scope 1 Intensity: 14.62 tCO2e/$MIHH HealthcareYear: 2024Scope 1: 71,914 tCO2eRevenue: $M 5,453Scope 1 Intensity: 13.19 tCO2e/$MHumana ABYear: 2024Scope 1: 3,695 tCO2eRevenue: $M 934Scope 1 Intensity: 3.95 tCO2e/$MNetcareYear: 2024Scope 1: 40,720 tCO2eRevenue: $M 1,459Scope 1 Intensity: 27.91 tCO2e/$MRhoen KlinikumYear: 2024Scope 1: 27,423 tCO2eRevenue: $M 1,660Scope 1 Intensity: 16.52 tCO2e/$MMLP Saglik HizmetleriYear: 2023Scope 1: 17,586 tCO2eRevenue: $M 760Scope 1 Intensity: 23.15 tCO2e/$MCentrum Medyczne Enel MedYear: 2024Scope 1: 340 tCO2eRevenue: $M 179Scope 1 Intensity: 1.90 tCO2e/$MVibhavadi Medical CenterYear: 2024Scope 1: 3,185 tCO2eRevenue: $M 249Scope 1 Intensity: 12.79 tCO2e/$MAthens Medical CenterYear: 2024Scope 1: 6,363 tCO2eRevenue: $M 281Scope 1 Intensity: 22.66 tCO2e/$MSSSpire Healthcare GroupYear: 2024Scope 1: 14,528 tCO2eRevenue: $M 1,896Scope 1 Intensity: 7.66 tCO2e/$MBDMSYear: 2024Scope 1: 31,975 tCO2eRevenue: $M 3,142Scope 1 Intensity: 10.18 tCO2e/$MPihlajalinnaYear: 2024Scope 1: 446 tCO2eRevenue: $M 733Scope 1 Intensity: 0.61 tCO2e/$MAmbeaYear: 2024Scope 1: 2,205 tCO2eRevenue: $M 1,288Scope 1 Intensity: 1.71 tCO2e/$MMediclinic GroupYear: 2024Scope 1: 78,028 tCO2eRevenue: $M 4,592Scope 1 Intensity: 16.99 tCO2e/$MDaVitaYear: 2024Scope 1: 54,485 tCO2eRevenue: $M 12,815Scope 1 Intensity: 4.25 tCO2e/$MHMGYear: 2024Scope 1: 5,898 tCO2eRevenue: $M 2,982Scope 1 Intensity: 1.98 tCO2e/$MFresenius SE & CoYear: 2024Scope 1: 351,128 tCO2eRevenue: $M 22,720Scope 1 Intensity: 15.45 tCO2e/$MNarayana HrudayalayaYear: 2025Scope 1: 17,923 tCO2eRevenue: $M 642Scope 1 Intensity: 27.93 tCO2e/$MLife HealthcareYear: 2024Scope 1: 6,494 tCO2eRevenue: $M 1,371Scope 1 Intensity: 4.74 tCO2e/$MAttendoYear: 2024Scope 1: 2,748 tCO2eRevenue: $M 1,722Scope 1 Intensity: 1.60 tCO2e/$MTerveystaloYear: 2024Scope 1: 106 tCO2eRevenue: $M 1,395Scope 1 Intensity: 0.08 tCO2e/$MMedicoverYear: 2024Scope 1: 6,020 tCO2eRevenue: $M 24,216Scope 1 Intensity: 0.25 tCO2e/$M

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

In 2024, Medicover reported a Scope 1 emissions intensity of 0.25 tCO₂e per millions USD. Compared to the peer group median of 7.66, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Medicover ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into Medicover's Total Carbon Footprint

In 2024, Medicover reported a total carbon footprint of 500,968 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.82% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Medicover's total carbon footprint was Scope 3 emissions, accounting for 82.68% of the company's total carbon footprint, followed by Scope 2 emissions at 16.12%.a

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