Nordic Paper Holding AB (publ) Sustainability Profile
Nordic Paper Holding AB (publ), commonly referred to as Nordic Paper, is a leading player in the paper and packaging industry, headquartered in Sweden (SE). Founded in 2000, the company has established a strong presence in key operational regions across Scandinavia and beyond, focusing on sustainable and innovative paper solutions. Specialising in the production of high-quality kraft paper and other paper products, Nordic Paper is renowned for its commitment to sustainability and environmental responsibility. The company’s unique offerings cater to various sectors, including food packaging and industrial applications, setting it apart in a competitive market. With a solid market position, Nordic Paper has achieved notable milestones, including advancements in eco-friendly production processes. As a trusted partner for businesses seeking reliable and sustainable paper solutions, Nordic Paper continues to drive innovation within the industry.
DitchCarbon Score
How does Nordic Paper Holding AB (publ)'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 Pulp Production 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
Nordic Paper Holding AB (publ)'s score of 31 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nordic Paper Holding AB (publ)'s reported carbon emissions
In 2024, Nordic Paper Holding AB (publ) reported total carbon emissions of approximately 188.3 million kg CO2e. This figure includes Scope 1 emissions of about 32.1 million kg CO2e, Scope 2 emissions of approximately 81.1 million kg CO2e (market-based), and Scope 3 emissions of around 75.1 million kg CO2e. The previous year, 2023, the company recorded total emissions of about 187.2 million kg CO2e, with Scope 1 at approximately 30.2 million kg CO2e, Scope 2 at about 88.1 million kg CO2e (market-based), and Scope 3 at around 68.8 million kg CO2e. Nordic Paper has set ambitious climate commitments, aiming to reduce its direct emissions (Scope 1 and Scope 2) by at least 50% by 2030, starting from a baseline established in 2020. This target reflects the company's commitment to significantly lower its carbon footprint in the coming years. The emissions data is cascaded from Nordic Paper Holding AB (publ) as part of its corporate family structure, ensuring that the reported figures are consistent with the parent company's sustainability initiatives. The company is actively working towards these reduction targets, aligning with industry standards for climate action.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | - | 00,000,000 | 00,000 | 00,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 26,400,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000 | 00,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Nordic Paper Holding AB (publ)'s Industry?
How Carbon Intensive is Nordic Paper Holding AB (publ)'s Location?
Nordic Paper Holding AB (publ)'s Scope 3 Categories Breakdown
Nordic Paper Holding AB (publ)'s Scope 3 emissions, which increased by 9% last year and increased by approximately 10% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 40% of total emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 23% of Scope 3 emissions.
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Nordic Paper Holding AB (publ)'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nordic Paper Holding AB (publ) has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
