Holmen

Holmen, a Swedish company in the Paper and paper products industry, reported total Scope 1, 2, and 3 greenhouse gas emissions of approximately 722 million kg CO2e in 2025. This includes around 87 million kg CO2e from Scope 1 emissions, 23 million kg CO2e from Scope 2 emissions (location-based), and 635 million kg CO2e from Scope 3 emissions. The largest Scope 3 contributors were purchased goods and services (262 million kg CO2e), downstream transportation and distribution (189 million kg CO2e), and upstream transportation and distribution (67 million kg CO2e).

Looking back, Holmen's total emissions were approximately 655 million kg CO2e in 2024, 675 million kg CO2e in 2023, 691 million kg CO2e in 2022, 707 million kg CO2e in 2021, 577 million kg CO2e in 2020, and 527 million kg CO2e in 2019. In 2017, only Scope 3 emissions were reported, totalling approximately 415 million kg CO2e.

Holmen has set several climate commitments. The company aims for a 15% reduction in Scope 1 and Scope 2 CO2e emissions from production per tonne of pulp and paper by 2030, using a 2019 base year. Additionally, Holmen commits to a 22% reduction in Scope 3 CO2e emissions from transport per tonne kilometre by 2030, also from a 2019 base year. These targets are also recognized by the Science Based Targets initiative (SBTi), with the Scope 1 and 2 targets classified as consistent with reductions required to keep warming to well-below 2°C. The SBTi also notes a commitment to reduce Scope 3 emissions from fuel- and energy-related activities by 22% per tonne of woody biomass over the same timeframe, and that 35% of its suppliers by emissions covering purchased goods and services will have science-based targets by 2025.