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NCAB Group AB (publ)

Common Name
NCAB Group
Country
Sweden
Sector
Technology
Industry
Electronic Components
Employees
605
Ticker
NCAB
Exchange
Nasdaq Stockholm
Description
NCAB Group AB (publ) is a leading provider of printed circuit boards (PCBs) and related services, operating across Sweden, the Nordic region, rest of Europe, North America, and Asia. The company speci...

NCAB Group's GHG Emissions Data Preview

In 2025, NCAB 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).

NCAB Group has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
394a
278a
N/A
Total Scope 2
Market-Based
235a
225a
N/A
Location-Based
314a
307a
N/A
Total Scope 3
105,035a
102,866a
N/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.9681a
0.8477a
N/A
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Verified Sources Behind NCAB Group’s Greenhouse Gas (GHG) Emissions Data

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a. NCAB Group's Integrated Report 2025

Insights into NCAB Group's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of NCAB Group amounted to 708 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 NCAB Group increased by 21.03%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

NCAB Group's Scope 1 Emissions Over Time

2021202420250100200300400tCO2e+59%+42%
  • Total Scope 1
  • Year-over-Year Change

What are NCAB Group's Scope 1 emissions?

In 2025, the total Scope 1 emissions of NCAB Group were 394 metric tons of CO₂ equivalent (tCO₂e).a

Has NCAB Group reduced its Scope 1 emissions over time?

Since 2021, NCAB Group's Scope 1 emissions have increased by 125.14%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), NCAB Group's Scope 1 emissions increased by 41.73%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are NCAB Group's Scope 2 emissions?

In 2025, NCAB Group reported Scope 2 greenhouse gas (GHG) emissions of 235 tCO₂e using the market-based method and 314 tCO₂e using the location-based method.a

Has NCAB Group reduced its Scope 2 emissions over time?

Compared to the previous year (2024), NCAB Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that NCAB Group's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does NCAB Group use for Scope 2 reporting?

In 2025, NCAB Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

NCAB Group's Scope 2 Emissions Over Time

2021202420250100200300400tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into NCAB Group's Value Chain Emissions

In 2025, NCAB Group reported 105,035 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 NCAB Group includes a breakdown across 6 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

NCAB Group's Scope 3 Emissions Over Time

202120242025030 k60 k90 k120 ktCO2e+12%+2%
  • Total Scope 3
  • Year-over-Year Change

What are NCAB Group's Scope 3 emissions?

In 2025, NCAB Group reported total Scope 3 emissions of 105,035 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 99.98% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.02% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has NCAB Group reduced its Scope 3 emissions over time?

Since 2021, NCAB Group's Scope 3 emissions have increased by 14.37%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2024), NCAB Group's Scope 3 emissions remained relatively stable, indicating that NCAB Group's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does NCAB Group disclose?

In 2025, NCAB Group reported emissions for 6 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 NCAB Group's Scope 3 emissions?

In 2025, the largest contributors to NCAB Group's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 86,464 tCO₂e (82.32%)
  • Upstream Transportation and Distribution (Cat. 4): 17,502 tCO₂e (16.66%)
  • Business Travel (Cat. 6): 873 tCO₂e (0.83%)

NCAB Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(82.3%)UpstreamTransportation andDistribution(Cat. 4)(16.7%)

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

In 2025, NCAB Group reported Scope 1 greenhouse gas (GHG) emissions of 394 tCO₂e and total revenues of USD 407 millions. This translates into an emissions intensity of 0.97 tCO₂e per millions USD.a

NCAB Group's Scope 1 Emissions Intensity Compared to Peers

201001,0005,00050,000Scope 1 Emissions (tCO2e)1002005001,0002,000Revenues (Millions of USD)Hana MicroelectronicsYear: 2025Scope 1: 1,317 tCO2eRevenue: $M 649Scope 1 Intensity: 2.03 tCO2e/$MNichidenboYear: 2025Scope 1: 85 tCO2eRevenue: $M 502Scope 1 Intensity: 0.17 tCO2e/$MPG ElectroplastYear: 2026Scope 1: 15,339 tCO2eRevenue: $M 552Scope 1 Intensity: 27.80 tCO2e/$MTXCYear: 2025Scope 1: 7,187 tCO2eRevenue: $M 426Scope 1 Intensity: 16.87 tCO2e/$MRaspberry Pi HoldingsYear: 2025Scope 1: 33 tCO2eRevenue: $M 323Scope 1 Intensity: 0.10 tCO2e/$MTaiflex ScientificYear: 2025Scope 1: 9,611 tCO2eRevenue: $M 339Scope 1 Intensity: 28.39 tCO2e/$MArteche Lantegi ElkarteaYear: 2025Scope 1: 6,781 tCO2eRevenue: $M 598Scope 1 Intensity: 11.34 tCO2e/$MKaynes Technology IndiaYear: 2026Scope 1: 826 tCO2eRevenue: $M 388Scope 1 Intensity: 2.13 tCO2e/$MHoly Stone EnterpriseYear: 2025Scope 1: 411 tCO2eRevenue: $M 429Scope 1 Intensity: 0.96 tCO2e/$MUniversal DisplayYear: 2024Scope 1: 1,052 tCO2eRevenue: $M 648Scope 1 Intensity: 1.62 tCO2e/$MGuobo ElectronicsYear: 2025Scope 1: 1,469 tCO2eRevenue: $M 341Scope 1 Intensity: 4.31 tCO2e/$MHebei Sinopack Electronic TechnologyYear: 2025Scope 1: 36 tCO2eRevenue: $M 411Scope 1 Intensity: 0.09 tCO2e/$MSichuan Huafeng TechnologyYear: 2025Scope 1: 674 tCO2eRevenue: $M 361Scope 1 Intensity: 1.87 tCO2e/$MJentech Precision IndustrialYear: 2025Scope 1: 608 tCO2eRevenue: $M 647Scope 1 Intensity: 0.94 tCO2e/$MSviYear: 2024Scope 1: 393 tCO2eRevenue: $M 638Scope 1 Intensity: 0.62 tCO2e/$MChin-Poon IndustrialYear: 2023Scope 1: 7,389 tCO2eRevenue: $M 546Scope 1 Intensity: 13.53 tCO2e/$MLem HoldingYear: 2026Scope 1: 129 tCO2eRevenue: $M 360Scope 1 Intensity: 0.36 tCO2e/$MSolus Advanced MaterialsYear: 2024Scope 1: 120 tCO2eRevenue: $M 389Scope 1 Intensity: 0.31 tCO2e/$MPan-International IndustrialYear: 2022Scope 1: 3,231 tCO2eRevenue: $M 854Scope 1 Intensity: 3.78 tCO2e/$MKCE ElectronicsYear: 2023Scope 1: 2,466 tCO2eRevenue: $M 475Scope 1 Intensity: 5.20 tCO2e/$MUnitech Printed Circuit BoardYear: 2024Scope 1: 7,081 tCO2eRevenue: $M 566Scope 1 Intensity: 12.52 tCO2e/$MdiscoverIE GroupYear: 2024Scope 1: 1,546 tCO2eRevenue: $M 552Scope 1 Intensity: 2.80 tCO2e/$MEverlight ElectronicsYear: 2023Scope 1: 1,011 tCO2eRevenue: $M 582Scope 1 Intensity: 1.74 tCO2e/$MHannstar DisplayYear: 2025Scope 1: 12,436 tCO2eRevenue: $M 365Scope 1 Intensity: 34.07 tCO2e/$MHanzaYear: 2025Scope 1: 3,998 tCO2eRevenue: $M 655Scope 1 Intensity: 6.10 tCO2e/$MNCAB GroupYear: 2025Scope 1: 394 tCO2eRevenue: $M 407Scope 1 Intensity: 0.97 tCO2e/$M

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

In 2025, NCAB Group reported a Scope 1 emissions intensity of 0.97 tCO₂e per millions USD. Compared to the peer group median of 2.13, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2025, NCAB Group ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into NCAB Group's Total Carbon Footprint

In 2025, NCAB Group reported a total carbon footprint of 105,743 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.22% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to NCAB Group's total carbon footprint was Scope 3 emissions, accounting for 99.33% of the company's total carbon footprint, followed by Scope 1 emissions at 0.37%.a

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