Holmen

Holmen's reported carbon emissions

Holmen, a paper and paper products company headquartered in SE, has reported significant carbon emissions. For the reporting year 2025, Holmen's total reported emissions were approximately 722,000,000 kg CO2e. This total comprises Scope 1 emissions of roughly 87,000,000 kg CO2e, Scope 2 emissions of approximately 23,000,000 kg CO2e (location-based), and substantial Scope 3 emissions totalling about 635,000,000 kg CO2e. The major contributors within Scope 3 for 2025 were downstream transportation and distribution at approximately 189,000,000 kg CO2e, followed by purchased goods and services at roughly 262,000,000 kg CO2e. In 2024, Holmen's total emissions were approximately 655,000,000 kg CO2e, with Scope 1 at 61,000,000 kg CO2e, Scope 2 at 20,000,000 kg CO2e (location-based), and Scope 3 at approximately 594,000,000 kg CO2e. Downstream transportation and distribution was again a significant component of Scope 3 emissions, accounting for about 197,000,000 kg CO2e. Holmen is committed to reducing its climate impact and has set science-based targets (SBTi). Their commitments include a near-term target of a 15.1% reduction in Scope 1 and 2 GHG emissions per tonne of paper and pulp by 2030, from a 2019 base year. Additionally, they aim to reduce Scope 3 GHG emissions from upstream and downstream transportation and distribution by 22% per tonne-kilometre by 2030. Holmen also targets a 22% reduction in Scope 3 GHG emissions from fuel- and energy-related activities per tonne of woody biomass by 2030. Furthermore, Holmen aims for 35% of its suppliers, based on purchased goods and services emissions, to have science-based targets by 2025. The company's targets are aligned with keeping warming to Well-below 2°C, and they have previously committed to net-zero emissions, though the commitment status has been updated.