Billerud, officially known as BillerudKorsnäs, is a leading global provider of sustainable packaging solutions, headquartered in Sweden (SE). Founded in 2012 through the merger of Billerud and Korsnäs, the company has established a strong presence in Europe and North America, focusing on the paper and packaging industry.
Billerud is renowned for its innovative products, including high-quality paper and board solutions that prioritise sustainability and performance. Their unique approach to packaging not only enhances product protection but also reduces environmental impact, setting them apart in a competitive market.
With a commitment to sustainability and circular economy principles, Billerud has achieved notable milestones, positioning itself as a key player in the packaging sector. The company continues to lead the way in developing eco-friendly materials that meet the evolving needs of consumers and businesses alike.
+57 vs industry average
Billerud’s score of 74 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Paper Products is among the most carbon-intensive industries
Industry performance
The Paper Products industry has reduced its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Billerud's reported carbon emissions
Billerud, headquartered in Sweden, is committed to climate action, with its latest reported emissions for 2025 totalling approximately 4.05 billion kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For 2025, Scope 1 emissions were approximately 720 million kg CO2e, Scope 2 emissions were about 430 million kg CO2e (with market-based emissions at 6 million kg CO2e), and Scope 3 emissions amounted to approximately 2.98 billion kg CO2e. The largest contributors within Scope 3 for 2025 were purchased goods and services (1.13 billion kg CO2e), upstream transportation and distribution (476 million kg CO2e), and processing of sold products (465 million kg CO2e). Billerud has set ambitious climate targets, including a commitment to achieve net-zero greenhouse gas emissions across its value chain by 2050. More immediately, the company aims to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as a baseline year. This near-term target has been approved by the Science Based Targets initiative (SBTi) and is aligned with the Paris Agreement's 1.5 degrees Celsius trajectory. Furthermore, Billerud commits to a 25% reduction in absolute Scope 3 GHG emissions from purchased goods and services, upstream and downstream transportation and distribution, and processing of sold products by 2030, also from a 2022 baseline. Historically, Billerud's total emissions in 2024 were approximately 3.65 billion kg CO2e, and in 2023, they stood at approximately 3.86 billion kg CO2e. Previous reports show Scope 1 emissions of approximately 687 million kg CO2e in 2024 and 733 million kg CO2e in 2023. Scope 2 emissions were reported at about 7 million kg CO2e (market-based) in 2024 and 74 million kg CO2e (market-based) in 2023. Scope 3 emissions for 2024 were approximately 2.96 billion kg CO2e, and for 2023, they were around 3.10 billion kg CO2e. Billerud has also previously committed to a 59% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030 from a 2016 baseline, and a 30% reduction in Scope 3 emissions within the same timeframe, as verified by the SBTi. Their long-term ambition includes setting a net-zero target that follows the 1.5°C pathway.
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Billerud’s Climate Goals (2030 & 2050)
2 goals2030
42% reduction in all scopes
The company's roadmap for Scope 1 and 2 emissions reductions of 42% by 2030 from a 2022 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Billerud
Frequently asked questions
Common questions about Billerud’s sustainability data and climate commitments
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