- Softer market and sales in line with previous year
- Weaker sales than expected from some instrument-sales oriented companies, mainly attributable to reduced grants within Academia and Research segment.
- Weak demand from the Diagnostic industry which resulted in hampered sales in Bioautomation.
- Goodwill impairment of SEK 480m in MatTek, Nanoscribe, QInstruments, SCIENION, and Visikol.
- Increased weighted average cost of capital (WACC) as well as lower growth projections.
- Supply chain disruptions
- Talent retention when major restructuring initiatives take place
- Risks of personal injuries in workplace accidents or mental illness, including stress or work-life imbalance
- Risks related to human rights or corruption can arise in our business relationships and production facilities
- Risk for lack of transparency regarding conditions for workers in the upstream value chain due to BICO being a small customer in the global supply chain
BICO GROUP AB (PUBL)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, BICO GROUP AB (PUBL) disclosed greenhouse gas emissions of 0.03 tCO2/sqm. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
0.03 tCO2/sqm
2023
Renewable Energy
40%
of total energy
Waste
54.15 tons/year
2023
✅ Reported Environmental Achievements
- Four sites are now 100% powered by renewable energy, and three sites are located in premises which have renewable energy production. 40% of the global operations´ purchased energy originates from renewable sources.
- Saving 64,600 animal lives in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Improving the alignment to the requirements in the new EU Corporate Sustainability Reporting Directives and the adjacent European Sustainability Reporting Standards, which is expected to be introduced from fiscal year 2024.
📅 Medium-term
- Update the sustainability policies and internal communication, and training.
- Implement double materiality assessments in our value chains
🔭 Long-term
- Reach net zero carbon emissions by 2045
🌱 ESG Focus Areas
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