Mycronic Sustainability Profile
Mycronic AB, commonly referred to as Mycronic, is a leading provider of advanced manufacturing solutions headquartered in Sweden (SE). Founded in 1987, the company has established itself in the electronics industry, specialising in high-precision equipment for the production of printed circuit boards (PCBs) and advanced packaging. With a strong presence in Europe, Asia, and North America, Mycronic offers innovative products such as its cutting-edge mask and jet printing systems, which are renowned for their accuracy and efficiency. The company has achieved significant milestones, including the development of the first fully automated mask writer, solidifying its position as a market leader. Mycronic's commitment to quality and technological advancement has earned it a reputation for excellence, making it a preferred partner for manufacturers seeking to enhance their production capabilities in an increasingly competitive landscape.
DitchCarbon Score
How does Mycronic'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 Electricity from Other Sources 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
Mycronic's score of 63 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mycronic's reported carbon emissions
In 2024, Mycronic reported total carbon emissions of approximately 171,867,000 kg CO2e, with Scope 1 emissions at about 497,000 kg CO2e, Scope 2 emissions (market-based) at approximately 2,741,000 kg CO2e, and Scope 3 emissions reaching about 180,890,000 kg CO2e. The significant portion of emissions arises from the use of sold products, which accounted for approximately 163,249,000 kg CO2e. Mycronic has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 56% by 2030, using 2022 as the base year. Additionally, the company targets a 52% reduction in Scope 3 emissions from the use of sold products per SEK gross profit within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. In 2023, Mycronic's total emissions were approximately 222,531,000 kg CO2e, with Scope 1 emissions at about 486,000 kg CO2e and Scope 2 emissions (market-based) at approximately 2,854,000 kg CO2e. The company has consistently reported emissions across all scopes, demonstrating transparency in its climate impact. Mycronic's commitment to reducing emissions reflects its proactive approach to sustainability within the technology hardware sector, with a focus on energy consumption, transportation, and travel as key areas for improvement.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 508,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 578,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 58,290,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Mycronic's Industry?
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Mycronic's Scope 3 Categories Breakdown
Mycronic's Scope 3 emissions, which increased by 32% last year and increased by approximately 210% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 90% of Scope 3 emissions.
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Mycronic'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.
Mycronic 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.
Frequently Asked Questions
Common questions about Mycronic's sustainability data and climate commitments