Holmen
Holmen AB, a prominent player in the forestry and paper industry, is headquartered in Sweden (SE) and operates extensively across Europe. Founded in 1609, Holmen has evolved into a leader in sustainable forest management, paper, and wood products, with a strong commitment to environmental stewardship. The company’s core offerings include high-quality paper products, renewable energy solutions, and innovative wood-based materials. Holmen distinguishes itself through its focus on sustainability and circular economy principles, ensuring that its products are both eco-friendly and efficient. With a robust market position, Holmen has achieved notable milestones, including significant investments in renewable energy and sustainable forestry practices. This dedication to sustainability not only enhances its reputation but also solidifies its role as a key contributor to the green transition in the industry.
DitchCarbon Score
How does Holmen'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
Holmen's score of 55 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Holmen's reported carbon emissions
In 2023, Holmen reported total carbon emissions of approximately 675,000 kg CO2e, comprising 54,000 kg CO2e from Scope 1, 12,000 kg CO2e from Scope 2, and 609,000 kg CO2e from Scope 3 emissions. This marks a slight decrease from 2022, where emissions were about 691,000 kg CO2e. Holmen has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 15.1% per tonne of paper and pulp by 2030, using 2019 as the base year. Additionally, the company targets a 22% reduction in Scope 3 emissions related to upstream and downstream transportation and distribution, as well as from fuel- and energy-related activities, also by 2030. Furthermore, Holmen aims for 35% of its suppliers, based on emissions from purchased goods and services, to establish science-based targets by 2025. These commitments align with Holmen's broader sustainability goals and reflect its dedication to mitigating climate change impacts within the forest and paper products sector.
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| 2010 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,250,000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 1,535,000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 285,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 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.
Holmen 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.
