Public Profile

Bico

Bico, formerly known as Bico Group, is a pioneering company headquartered in Sweden (SE) that operates at the forefront of the biotechnology industry. Founded in 2016, Bico has rapidly established itself as a leader in bioprinting and biofabrication, with a focus on advancing healthcare and sustainable materials. The company’s innovative core products include advanced bioprinters and bioinks, which enable the creation of complex biological structures for research and therapeutic applications. Bico's unique approach combines cutting-edge technology with a commitment to sustainability, positioning it as a key player in the global market. With significant operational regions across Europe and North America, Bico has achieved notable milestones, including strategic partnerships and collaborations that enhance its market presence. As a result, Bico continues to drive innovation and shape the future of biotechnology.

DitchCarbon Score

How does Bico's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

35

Industry Average

Mean score of companies in the Research Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

8

Industry Benchmark

Bico's score of 35 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Bico's reported carbon emissions

In 2023, Bico reported total carbon emissions of approximately 3,000 kg CO2e, comprising 30 kg CO2e from Scope 1, 30 kg CO2e from Scope 2, and about 3,417,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions were primarily driven by business travel, which accounted for approximately 3,417,000 kg CO2e, alongside waste generated in operations and downstream transportation and distribution. In 2022, Bico's emissions were approximately 1,406,000 kg CO2e, with Scope 1 and 2 emissions totalling 60 kg CO2e and Scope 3 emissions at about 2,149,000 kg CO2e. The previous year, 2021, saw total emissions of around 2,529,000 kg CO2e, with Scope 1 and 2 emissions at approximately 284,000 kg CO2e. Despite these figures, Bico has not publicly committed to specific reduction targets or initiatives, indicating a potential area for future climate action. The company operates within a global context where many organisations are increasingly focusing on reducing their carbon footprints and enhancing sustainability practices.

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Add to project
202120222023
Scope 1
-
00
00
Scope 2
-
00
00
Scope 3
2,529,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bico's primary industry is Research and development services (73), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Bico is headquartered in SE, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Bico is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers