Bico Sustainability Profile
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.
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.
Industry Benchmark
Bico's score of 27 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bico's reported carbon emissions
In 2024, BICO Group AB reported total carbon emissions of approximately 24,551,000 kg CO2e. The emissions breakdown includes about 37,000 kg CO2e from Scope 1 and a minimal 27 kg CO2e from Scope 2. In the previous year, 2023, BICO's Scope 3 emissions were significant, with approximately 3,417,000 kg CO2e attributed to business travel, 54,150 kg CO2e from waste generated in operations, and 868,000 kg CO2e from downstream transportation and distribution. BICO has committed to achieving net-zero emissions, demonstrating a proactive approach to climate action. The company is classified under the Pharmaceuticals, Biotechnology, and Life Sciences sector and is headquartered in Sweden. While specific reduction targets have not been disclosed, BICO's near-term target status is marked as "Committed," indicating a serious intent to address its carbon footprint. The emissions data is sourced directly from BICO Group AB (publ) and reflects the company's ongoing efforts to monitor and manage its environmental impact.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | - | - |
| Scope 3 | 2,179,000 | 0,000,000 |
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Bico's Scope 3 Categories Breakdown
Bico's Scope 3 emissions, which increased by 99% last year and increased by approximately 99% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" being the largest emissions source at 79% of Scope 3 emissions.
Top Scope 3 Categories
Bico's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bico has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Bico's sustainability data and climate commitments