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 community engagement, Sveaskog continues to achieve notable milestones in sustainable forestry, reinforcing its reputation as a leader in the industry.
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.
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.
Sveaskog's score of 46 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sveaskog reported total carbon emissions of approximately 260 million tonnes CO2e. This figure includes 93,000 tonnes CO2e from Scope 1 emissions, which primarily arise from direct operations, and 94,000 tonnes CO2e from Scope 2 emissions, related to energy consumption. The majority of their emissions, about 2.5 million tonnes CO2e, fall under Scope 3, which encompasses indirect emissions from the value chain, including business travel and the use of sold products. Comparatively, in 2022, Sveaskog's total emissions were also around 260 million tonnes CO2e, indicating a stable emission level over the two years. The company has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050, as part of their long-term strategy. They are actively participating in the Science Based Targets initiative (SBTi) and have committed to reducing their carbon footprint in alignment with global climate goals. Sveaskog is a state-owned enterprise based in Sweden, operating within the forestry and paper products sector. Their commitment to sustainability is further demonstrated through their participation in the Business Ambition for 1.5°C initiative, which underscores their dedication to addressing climate change and reducing greenhouse gas emissions.
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Add to project2020 | 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 |
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 committed to some reduction initiatives 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.