BioGaia AB (publ.)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, BioGaia AB (publ.) disclosed greenhouse gas emissions of 7.2K tCO2e/year (2023). By scope: Scope 1: 77 tCO2e/year (2023); Scope 2: 32 tCO2e/year (2023); Scope 3: 7.2K tCO2e/year (2023). 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
7.2K tCO2e/year (2023)
2023
⚡
Renewable Energy
100% (for all premises in Sweden, Japan, and USA)
of total energy

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).77 tCO2e/year (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.32 tCO2e/year (2023)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).7.2K tCO2e/year (2023)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • 100% of suppliers affecting product quality to have third-party certified quality management systems by 2024.
  • Complete evaluation of BioGaia’s products’ effect on quality of life in infantile colic by 2024.
  • 100% of BioGaia employees to complete training in the company’s Code of Conduct and policies by 2025.
  • All BioGaia products to be palm oil-free by 2025.
  • All paper packaging to be certified from responsibly managed forests or made of verified recycled materials by 2025.

📅 Medium-term

  • Reduce Scope 1 & 2 emissions by 46% by 2030 from 2019 levels.
  • Establish a science-based supplier engagement target for Scope 3 emissions by 2024.
  • Reduce relative climate emissions per sales volume from business travel by 30% compared to 2019 by 2025.
  • Only use recyclable or biodegradable packaging by 2030.

🔭 Long-term

  • Achieve an operating margin of at least 34% while maintaining strong growth.

🌱 ESG Focus Areas

Healthy productsHealthy businessHealthy planet

⚠️ Challenges & Risks +

  • Decline in EMEA sales due to termination of distribution agreement with Nóos S.r.l. and subsequent product availability issues in Italy.
  • Rising competition in online sales leading to higher customer acquisition costs.
  • Limited consumer awareness of probiotics’ positive effects on oral health.
  • Challenges in phasing out palm oil due to varying laws and regulations across markets.
  • Managing climate-related risks such as extreme weather events and regulatory changes.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, UN Global Compact, ISO 26000
Assurance: Deloitte AB (examined, not limited review)