Awards
Strategic choices and investments for the future have strengthened Holmen’s sustainability profile, which has led to recognition in important contexts. Holmen is included in a number of sustainability indexes, which can be seen as a mark of quality, showing that Holmen is capable of tackling risks as well as opportunities in the field of sustainability
Corporate indexes and funds
International investors are seeking opportunities for investment in companies with sustainable development and financial analysts are requesting detailed information on companies’ risks and opportunities in the areas of the climate, environment, social responsibility and responsible corporate governance.
Holmen is continuously evaluated by sustainability analysts and is included in a number of international sustainability indexes. These contacts serve as an important element of the ongoing stakeholder dialogue.
Holmen’s inclusion, for several years now, in a number of sustainability indexes can be seen as testament to the company’s systematic handling of sustainability issues over a long period. Appearing in such indexes gives the work a stamp of quality and shows that the company is able to manage risks and opportunities alike. Both are key parameters for consideration by investors.
Reporting to the UN Global Compact, CDP, reporting in accordance with GRI and the Group’s annual report are effective ways of providing relevant data for analysis of Holmen.
UN Global Compact
As members in UN Global Compact, Holmen annually reports on a “Communication on Progress” (COP) that describes how the work with Global Compact's principles for responsible business practice is progressing.
EcoVadis
Holmen has been ranked Platinum by the international analysis company EcoVadis. This means that Holmen is among the top percentage of the companies examined worldwide. EcoVadis assesses how companies work on the environment, sustainable purchasing, ethics, workers’ rights and human rights.
GRI - Global Reporting Initiative
Holmen has opted to base its sustainability reporting on version core of the guidelines for sustainability reporting issued by the Global Reporting Initiative (GRI). Holmen has appointed KPMG to conduct a general review of the content in the Group’s GRI reporting. The sustainability report is presented in Holmen Annual report and on Holmen.com, where also a complete GRI register and auditors’ report can be found.
CDP
CDP is an independent sustainability index that analyses climate data from over 18 000 companies each year. The companies that report their sustainability work to CDP are assessed on disclosure, awareness and management of climate-related risks and
opportunities. Holmen has reported to the CDP Climate Program since 2007 and also to the CDP Forest Program since 2013. The results show that Holmen has a good strategy and management to mitigate negative impacts of climate change.
In the 2022 evaluation Holmen was ranked A- in both categories.
S&P Global
The S&P Global Corporate Sustainability Assessment (CSA) is an annual evaluation of companies’ sustainability practices. It covers over 10,000 companies from around the world. The CSA focuses on sustainability criteria that are both industry-specific and financially material. The rating covers 30 focus areas,130 sustainability topics; and up to 1,000 underlying data points per company. Companies are divided into 61 categories and the companies that rank highest in each category are included in the Dow Jones Sustainability Index.
In 2022 Holmen ranked 7th in the global Paper & Forest Products category.
Nasdaq ESG Transparency Partner
Holmen has been certified as a Nasdaq ESG Transparency Partner 2022. The certification is used by Nasdaq to signal engagement in market transparency and in raising environmental standards. The Nasdaq ESG Matrix includes data points from Environmental, Social, Corporate Governance as well as Future Sustainability Goals all of which Holmen considers in its operation.
