AbstractTo minimize radiation pollution at ultra‐low filler concentrations, there is a growing interest in microwave‐absorbing materials based on polymer blends composites. Herein, ethylene‐co‐methyl acrylate (EMA)/thermoplastic polyolefin (TPO) blend composites were prepared by employing solution mixing utilizing conductive Vulcan XC 72 carbon black (VCB) as nanofiller. The work focused on the reduction of electrical percolation and outstanding electromagnetic interference (EMI) shielding performance in low loading caused by the preferential distribution of carbon particles in one phase (ethylene‐co‐methyl acrylate copolymer) of the co‐continuous immiscible polymer blend. The fabricated conductive blend was further tested to ensure its superiority in physic‐mechanical and thermal stability. The morphology analysis reveals that the VCB particles are selectively localized in EMA phase of the blend which facilitates the formation of compact spatial conductive network throughout the matrix for electronic hopping. High electrical conductivity is achieved in the scale 10−2 S/cm for the prepared composites with 30 wt% of carbon black loading whereas a total EMI shielding effectiveness of −29 dB and thermal conductivity of ~0.75 W/m·K are achieved for this same filler content. This study reveals that the fabricated conductive polymer nanocomposites can be effectively utilized as promising EMI shields in the future generation of stretchable and wearable electronics.