Sveaskog
Sveaskog AB, headquartered in Sweden, is a leading player in the forestry industry, primarily operating across the vast forests of Sweden. Founded in 2000, Sveaskog has established itself as a key provider of sustainable forest management and timber products, focusing on responsible practices that benefit both the environment and the economy. The company’s core offerings include timber, wood-based products, and forest management services, all distinguished by their commitment to sustainability and innovation. Sveaskog is renowned for its extensive land holdings, making it one of the largest forest owners in Sweden, which positions it favourably in the market. With a strong emphasis on ecological balance and resource efficiency, Sveaskog continues to achieve notable milestones in sustainable forestry, reinforcing its reputation as a leader in the industry.
DitchCarbon Score
How does Sveaskog'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 Forestry and Logging 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
Sveaskog's score of 53 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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Sveaskog's reported carbon emissions
In 2023, Sveaskog reported total carbon emissions of approximately 260,000,000 kg CO2e. This figure includes 93,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 94,000 kg CO2e from Scope 2 emissions, related to energy consumption. The majority of their emissions, about 2,499,000 kg CO2e, fall under Scope 3, which encompasses indirect emissions from the value chain, including significant contributions from business travel and the use of sold products. Comparatively, in 2022, Sveaskog's total emissions were also around 260,000,000 kg CO2e, indicating a stable emission level year-on-year. However, a notable reduction was observed from 2020 to 2021, where total emissions decreased from approximately 137,200,000 kg CO2e to about 130,400,000 kg CO2e. Sveaskog has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment encompasses all scopes of emissions, reflecting the company's dedication to addressing climate change comprehensively. The company is also a member of the BA1.5 initiative, which aims to limit global warming to 1.5 degrees Celsius. Overall, Sveaskog's emissions data and climate commitments demonstrate a proactive approach to sustainability within the forestry and paper products sector, as they work towards significant reductions in their carbon footprint.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 149,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 72,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 2,870,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Sveaskog 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.
