Ncab

NCAB, headquartered in Sweden and operating in the electrical machinery and apparatus industry, reported total greenhouse gas emissions of approximately 105,664,000 kg CO2e in 2025. This includes 394,000 kg CO2e from Scope 1 emissions, 235,000 kg CO2e from Scope 2 (market-based), and 105,035,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2025 were purchased goods and services (86,464,000 kg CO2e) and upstream transportation and distribution (17,502,000 kg CO2e).

Looking back, NCAB's total emissions were approximately 103,369,000 kg CO2e in 2024, comprising 278,000 kg CO2e (Scope 1), 225,000 kg CO2e (market-based Scope 2), and 102,866,000 kg CO2e (Scope 3). In 2023, the company's total emissions were about 116,314,000 kg CO2e, with 244,000 kg CO2e from Scope 1, 319,000 kg CO2e from Scope 2 (market-based), and 115,751,000 kg CO2e from Scope 3.

NCAB is committed to achieving net-zero emissions in Scope 1 and 2 by 2030. As part of this commitment, all new company cars are targeted to be fossil-free by 2025. For Scope 2 emissions, NCAB aims for at least 50% of its offices and owned warehouses to use 100% renewable energy by 2025, increasing to 100% by 2030. The company has also set a near-term target for its Scope 2 emissions, aiming for at least 50% of its offices and NCAB-owned warehouses to utilise 100% renewable energy by 2025. NCAB Group AB (publ) has near-term targets committed with the Science Based Targets initiative (SBTi).