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Holmen, officially known as Holmen AB, is a prominent player in the paper and paper products industry, headquartered in Sweden (SE). Founded in 1609, the company has a rich history marked by significant milestones, including its evolution into a leading sustainable supplier of paper and wood products. Holmen operates primarily in Sweden and other key European markets, focusing on areas such as paper manufacturing, renewable energy, and forestry.
The company’s core offerings include high-quality printing paper, newsprint, and sustainable wood products, distinguished by their commitment to environmental responsibility and innovation. Holmen's market position is bolstered by its dedication to sustainability, making it a preferred choice for customers seeking eco-friendly solutions. With a legacy of excellence and a forward-thinking approach, Holmen continues to shape the future of the paper industry.
53
DitchCarbon score
+36 vs industry average
Holmen’s score of 53 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Paper Products is among the most carbon-intensive industries
Industry performance
0.732
20182025
The Paper Products industry has reduced its overall emissions by 29% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Holmen's reported carbon emissions
Holmen, a Swedish company in the Paper and paper products industry, reported total Scope 1, 2, and 3 emissions of approximately 722 million kg CO2e in 2025. This includes about 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. Key contributors to Scope 3 emissions in 2025 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, in 2024, Holmen's total emissions were approximately 655 million kg CO2e, with Scope 1 at about 61 million kg CO2e, Scope 2 (location-based) at 20 million kg CO2e, and Scope 3 at 594 million kg CO2e. In 2023, total emissions were around 675 million kg CO2e, comprising about 54 million kg CO2e (Scope 1), 73 million kg CO2e (Scope 2 location-based), and 609 million kg CO2e (Scope 3).
Holmen has set near-term intensity targets, validated by the Science Based Targets initiative (SBTi) and classified as "Well-below 2°C" aligned. The company commits to reducing Scope 1 and 2 GHG emissions by 15.1% per tonne of paper and pulp by 2030, from a 2019 base year. Additionally, Holmen aims to reduce Scope 3 GHG emissions from upstream and downstream transportation and distribution by 22% per tonne-kilometre by 2030, and Scope 3 GHG emissions from fuel- and energy-related activities by 22% per tonne of woody biomass over the same timeframe. Holmen also targets having 35% of its suppliers, by emissions covering purchased goods and services, set science-based targets by 2025. Holmen's net-zero commitment is currently listed as "Commitment removed" by SBTi, with a previous "Net-Zero Committed" status. All emissions data and reduction targets are directly reported by Holmen AB (publ).
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Holmen’s Climate Goals (2030 & 2050)
3 goals2030
22% reduction in scope 3 total
Holmen commits to reduce scope 3 GHG emissions from fuel- and energy_x0002_related activities 22% per tonne of woody biomass over the same t…
Insufficient data22%
2030
15.1% reduction in Scope 2
Holmen commits to reduce scope 1 and 2 GHG emissions 15.1% per ton of paper and pulp by 2030 from a 2019 base year*. *The target boundary in…
Insufficient data15.1%
2030
15.1% reduction in Scope 1
Holmen commits to reduce scope 1 and 2 GHG emissions 15.1% per ton of paper and pulp by 2030 from a 2019 base year*. *The target boundary in…
Insufficient data15.1%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Holmen13 days ago
53
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Frequently asked questions
Common questions about Holmen’s sustainability data and climate commitments
In 2025, Holmen reported total carbon emissions of approximately 722 million kg CO2e. The largest portion, around 635 million kg CO2e, stems from Scope 3 emissions, highlighting the significant impact of its value chain. Scope 1 emissions accounted for about 87 million kg CO2e, and Scope 2 emissions were approximately 23 million kg CO2e (location-based). This breakdown underscores the importance of addressing upstream and downstream activities within Holmen's paper and paper products industry operations to achieve its climate goals.
Data year: 2025
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