Boliden Sustainability Profile
Boliden AB, a leading mining and smelting company headquartered in Sweden (SE), has established itself as a key player in the metals industry since its founding in 1924. With major operations across Sweden, Finland, Norway, and Ireland, Boliden focuses on the extraction and processing of base metals, including copper, zinc, lead, and gold. The company is renowned for its commitment to sustainable mining practices and innovative technologies, which enhance efficiency and reduce environmental impact. Boliden's core products, such as high-quality metal concentrates and refined metals, are distinguished by their reliability and adherence to stringent quality standards. With a strong market position, Boliden has achieved notable milestones, including significant investments in modernising its facilities and expanding its resource base, solidifying its reputation as a responsible and forward-thinking leader in the mining sector.
DitchCarbon Score
How does Boliden'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 Salt and Mineral Mining 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
Boliden's score of 60 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Boliden's reported carbon emissions
In 2024, Boliden reported total carbon emissions of approximately 5,371,402,000 kg CO2e, with Scope 1 emissions at about 657,646,000 kg CO2e, Scope 2 emissions at approximately 1,379,137,000 kg CO2e (market-based), and Scope 3 emissions reaching about 3,334,619,000 kg CO2e. The previous year, 2023, saw total emissions of about 4,881,652,000 kg CO2e, indicating a significant increase in emissions. Boliden has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 and 2 emissions by 2030, using 2021 as the base year. This target aligns with their commitment to achieving net-zero emissions in these scopes by 2050, in accordance with the Paris Agreement. Additionally, Boliden aims to reduce absolute Scope 3 emissions by 30% within the same timeframe. The company has also established a target to reduce its CO2 intensity by 40% by 2030 compared to 2012 levels, reflecting a strong commitment to improving operational efficiency and reducing greenhouse gas emissions across its operations. These targets are part of Boliden's broader sustainability strategy and are consistent with the Science Based Targets initiative (SBTi) guidelines.
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| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 413,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 384,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Boliden's Industry?
How Carbon Intensive is Boliden's Location?
Boliden's Scope 3 Categories Breakdown
Boliden's Scope 3 emissions, which decreased by 2% last year and increased by approximately 18% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 62% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 68% of Scope 3 emissions.
Top Scope 3 Categories
Boliden'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.
Boliden 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.
