Epiroc AB refines 2030 climate targets, shares steady on Nasdaq Stockholm
Published on 06/26/2026 at 09:36 | Editorial responsibility: Rafael MĂĽller, Editor-in-Chief AD HOC NEWS
By Thomas Klein, Operations & Strategy desk. Reviewed prior to publication on 2026-06-26, 09:36.
Epiroc AB (SE0015658109) sharpened its 2030 climate and circularity goals in an updated sustainability framework this week, while its Class A shares continue to trade on Nasdaq Stockholm and the Turquoise platform in London.
What the new climate targets say
According to the group’s latest sustainability communication, Epiroc now aims to cut absolute Scope 1 and 2 greenhouse-gas emissions by 50 percent by 2030 from a 2019 baseline, and to reduce Scope 3 use-phase emissions intensity from sold products by 30 percent over the same period.
The Swedish mining-equipment specialist also targets that more than 50 percent of its equipment orders shall be for battery-electric or zero-emission solutions by 2030, supported by ongoing electrification projects with major mining customers such as Rio Tinto and Boliden.
Strategy focus on circularity and services
Epiroc’s 2030 strategy continues to emphasize growth in its aftermarket and services business, which management has previously highlighted as structurally more profitable and less cyclical than equipment sales, with service orders making up roughly half of total orders in recent years.
The group has also set a 2030 ambition for more than 50 percent of its products sold to be covered by circular business models, including remanufacturing and refurbishment, and reports progress on recycling of critical materials from rock-drilling tools and hydraulic components.
All news and analysis on the Epiroc AB shares
Key figures, ad-hoc disclosures and further background on Epiroc AB’s listing and strategy can be found in the detailed topic overview.
The product behind the stock
Epiroc generates most of its revenue with underground and surface drill rigs, loaders and trucks for mining and infrastructure, with the battery-electric Boomer face-drilling rig family and Scooptram loaders positioned as flagship products in its electrification offering.
Where the stock trades today
The Epiroc AB shares (SE0015658109) last closed on 2026-06-24 on Nasdaq Stockholm at 261.50 Swedish kronor, while the Turquoise listing in London showed the same level as of 2026-06-26, 06:59 local time.
Key data on the Epiroc AB shares
- Company: Epiroc AB
- ISIN: SE0015658109
- WKN: A2QBS0
- Ticker: EPIA (Nasdaq Stockholm A-share), EPIAS (Turquoise)
- Trading venue: Nasdaq Stockholm (primary), Turquoise London
- Price (as of 2026-06-26, 06:59): 261.50 SEK
- Market cap: approximately 313 billion SEK (as of 2026-06-26, based on latest available share count and price)
- Sector / industry: Capital Goods / Construction & Mining Equipment
- Index membership: OMXS30 (Stockholm benchmark index)
- Next earnings date: 2026-07-19 (scheduled Q2 2026 report)
This article is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell any securities.
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