Billerud

Billerud, a leading paper and paper products company headquartered in Sweden, is committed to reducing its greenhouse gas emissions.

Emissions Data:

• 2023: Billerud reported a total of approximately 3,103,000,000 kg CO2e in Scope 3 emissions. Scope 1 emissions were approximately 733,000,000 kg CO2e, and Scope 2 emissions (location-based) were approximately 258,000,000 kg CO2e.
• 2022: Scope 1 emissions were approximately 883,000,000 kg CO2e, and Scope 2 emissions (location-based) were approximately 293,000,000 kg CO2e.
• 2021: Scope 1 emissions were approximately 135,000,000 kg CO2e, Scope 2 emissions (market-based) were approximately 3,000,000 kg CO2e, and Scope 3 emissions were approximately 460,000,000 kg CO2e.
• 2020: Scope 1 emissions were approximately 131,000,000 kg CO2e, Scope 2 emissions (market-based) were approximately 10,000,000 kg CO2e, and Scope 3 emissions were approximately 453,000,000 kg CO2e.
• 2019: Scope 1 emissions were approximately 146,000,000 kg CO2e, Scope 2 emissions (market-based) were approximately 7,000,000 kg CO2e, and Scope 3 emissions were approximately 397,000,000 kg CO2e.
• 2018: Scope 1 emissions were approximately 148,000,000 kg CO2e, Scope 2 emissions (market-based) were approximately 5,000,000 kg CO2e, and Scope 3 emissions were approximately 412,000,000 kg CO2e.
• 2017: Scope 1 emissions were approximately 129,000,000 kg CO2e, Scope 2 emissions (market-based) were approximately 4,000,000 kg CO2e, and Scope 3 emissions were approximately 465,000,000 kg CO2e.
• 2016: Scope 1 emissions were approximately 126,700,000 kg CO2e, and Scope 2 emissions (market-based) were approximately 30,800,000 kg CO2e.

Climate Commitments and Reduction Targets:

Billerud has set ambitious targets to reduce its environmental impact, aligned with the Science Based Targets initiative (SBTi) and the Paris Agreement.

• Net Zero Commitment: Billerud aims to achieve net-zero greenhouse gas emissions across its value chain by 2050.
• Near-Term Targets (2022-2030):
  • A reduction of 42% in absolute Scope 1 and 2 GHG emissions from a 2022 base year.
  • A reduction of 25% in absolute Scope 3 GHG emissions from purchased goods and services, upstream and downstream transportation and distribution, and processing of sold products by 2030, from a 2022 base year.
• Historical Targets (2016-2030):
  • A commitment to reduce absolute Scope 1 and 2 greenhouse gas emissions by 59% from a 2016 base year.
  • A commitment to reduce Scope 3 emissions by 30% from a 2016 base year.

These targets have been approved by the SBTi as being consistent with a 1.5°C trajectory. Billerud also commits to maintaining no deforestation across its primary deforestation-linked commodities.