Billerud

Billerud, a Swedish company in the Paper and paper products industry, reported total Scope 1, 2, and 3 emissions of approximately 3.91 billion kg CO2e in 2023. This included Scope 1 emissions of 733 million kg CO2e and Scope 2 (market-based) emissions of 74 million kg CO2e. Their Scope 3 emissions were approximately 3.10 billion kg CO2e, with significant contributions from Purchased Goods and Services (1.09 billion kg CO2e), Processing of Sold Products (484 million kg CO2e), Upstream Transportation and Distribution (489 million kg CO2e), Fuel and Energy Related Activities (385 million kg CO2e), and End-of-Life Treatment of Sold Products (261 million kg CO2e).

Looking ahead, Billerud has set ambitious climate commitments. The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050, a target confirmed by the Science Based Targets initiative (SBTi). For near-term reductions, Billerud (under the name Billerud AB) commits to reducing its absolute Scope 1 and 2 GHG emissions by 42% by 2030, using a 2022 base year. This target is aligned with the 1.5°C trajectory of the Paris Agreement. Additionally, the company is committed to reducing absolute Scope 3 GHG emissions from Purchased Goods and Services, Upstream and Downstream Transportation and Distribution, and Processing of Sold Products by 25% within the same timeframe (2022 to 2030). For long-term goals, Billerud AB commits to reducing absolute Scope 1, 2, and 3 GHG emissions by 90.0% by 2050 from a 2022 base year, with individual 90.0% reductions for Scope 1, Scope 2, and Scope 3 emissions.

Earlier targets under the name BillerudKorsnäs or Billerud AB (prior to the latest SBTi validation) included a 59% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2016 base year, and a 30% reduction in Scope 3 emissions by 2030 from a 2016 base year. The company also aims for zero greenhouse gas emissions from outgoing transports by 2050.