Billerud
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.
DitchCarbon Score
How does Billerud's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Paper Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Billerud's score of 94 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Billerud's reported carbon emissions
In 2024, Billerud reported total carbon emissions of approximately 3,711,000,000 kg CO2e, with emissions distributed across various scopes: 686,000,000 kg CO2e (Scope 1), 9,000,000 kg CO2e (Scope 2, market-based), and 3,016,000,000 kg CO2e (Scope 3). In comparison, their 2023 emissions were about 3,910,000,000 kg CO2e, indicating a slight reduction in total emissions year-on-year. Billerud has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2022 baseline. This target has been approved by the Science Based Targets initiative (SBTi) and aligns with the Paris Agreement's 1.5°C trajectory. Additionally, Billerud plans to reduce Scope 3 emissions by 25% within the same timeframe. In the near term, Billerud aims to cover 100% of its purchased electricity with renewable sources by 2024. Furthermore, they are committed to achieving net zero emissions across all scopes by 2050, with a specific target to set a net zero goal in 2024. Overall, Billerud's emissions reduction strategy reflects a strong commitment to sustainability and climate action, positioning the company as a responsible player in the forest and paper products sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 129,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 4,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 465,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Billerud is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
