Billerud

Billerud, a Swedish company in the Paper and paper products industry, has disclosed its carbon emissions and climate commitments.

In 2023, Billerud reported total Scope 1, 2, and 3 emissions of 3,910,000,000 kg CO2e. This included Scope 1 emissions of 733,000,000 kg CO2e, Scope 2 emissions (market-based) of 74,000,000 kg CO2e, and Scope 3 emissions of 3,103,000,000 kg CO2e. Key categories within Scope 3 included purchased goods and services (1,090,000,000 kg CO2e), upstream transportation and distribution (489,000,000 kg CO2e), and processing of sold products (484,000,000 kg CO2e).

Looking ahead, Billerud has set ambitious Science Based Targets (SBTi). Billerud AB commits to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as a base year. This target is approved by the SBTi as consistent with a 1.5°C trajectory. Furthermore, Billerud AB aims to reduce 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 (2022-2030).

For the long term, Billerud AB is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050, aligning with a 1.5°C pathway. This includes a 90% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2050 from a 2022 base year.