Holmen has a sustainable business strategy, which proves that our business is sustainable in itself. The more we grow and refine our forest, the better it is for the climate.
Goals and management by objectives
Sustainable business objectives
Read more about our sustainable business objectives here.
At Holmen, we do not distinguish between business objectives and sustainability objectives, but we have sustainable business objectives.
Through our sustainable business objectives, we will create values that will last over time. At the same time, we will contribute to a better climate.
Model for management by objectives
Holmen’s Group-wide management by objectives process is a structured way of applying management by objectives day to day. On the basis of the business area’s strategy, every part of the organisation sets out its objectives, critical success factors and key performance indicators.
Holmen’s operations are decentralised and run by the business areas, mills and forest regions. Important areas of development for Holmen are driven by the Group staffs through networks that bring together specialist skills. Our work on sustainability also follows this model.
The Holmen Sustainability Management Group (HSM) is an offshoot of Group management tasked with ensuring consensus, validation and the quality of Holmen’s sustainability work. HSM comprises members of the Group’s and the business areas’ management teams. The Group’s Senior Vice President Sustainability and Communications has a coordinating role and reports to the Group’s CEO. HSM is supported by the Holmen Sustainability Working Group (HSW), which is made up of sustainability specialists in each function and business unit.
Holmen’s Code of Conduct, policies and guidelines clarify and emphasise the requirements and expectations we have of Holmen’s employees. Together with the legislation in the country in question, these steering documents guide Holmen’s actions in various areas.
Holmen’s good reputation as a responsible and trustworthy company is fundamental to our business. Our operations must be characterised by responsible behaviour internally among and towards employees, and externally towards shareholders, customers, suppliers, stakeholders, public authorities and the surrounding community. This is why Holmen has a clear Code of Conduct which applies to all business relations.
We encourage our business partners to act in line with this code and we take this into account when choosing who we work with.
Holmen strives to be a company distinguished by employees whose courage, commitment and responsibility ensures that they perform at their best. The Group-wide core values provide a stable foundation and are felt to be a great help to the business in all sorts of ways. Cooperation within and between teams i developed through discussions on the core values and key behaviours. The values also provide support and assistance in decision-making. Forging shared values is a long-term and ongoing process, and work on this has to be integrated with other business development activities on the ground.
COURAGE to act. Holmen’s employees are action oriented and make decisions that lead to tangible results. The company rewards innovative thinking that leads to improvements and solves challenges. The Group believes in transparency internally within the company and with the surrounding community.
COMMITMENT that is long term and sustainable. Holmen’s employees work across boundaries and exploit skills, ideas and synergies. Holmen acts with clarity so that each employee understands what is required and expected of them. Everyone in the Group shows respect for each other and the world around us, and gives each other feedback in an approachable and constructive way.
RESPONSIBILITY based on sensitivity and skills. Holmen’s employees create participation by involving each other, sharing ideas and providing opportunities to exercise influence. Holmen takes action at an early stage and demonstrates drive when tackling challenges from the environment in which we operate and is proactive about improvement. Holmen’s employees are professional in the way in which we run and develop our operations and we foster sustainable relationships with customers, stakeholders, colleagues and the surrounding community.
The business areas are responsible for their own operations and manage any environmental, energy, health and safety, and quality risks within the framework of Holmen’s various management systems and our investment process. Regular risk management is carried out regarding the environment, energy, health and safety, quality, security and chemicals handling.
In addition, an extensive risk analysis was carried out in 2014, and this forms the basis for Holmen’s development and updating of Group-wide policies in areas such as business ethics, purchasing, HR, human rights, the environment, energy, etc.
Safety risk management is coordinated by a Group-wide body. The risks of damage at Holmen facilities can be minimised by damage prevention measures, regular maintenance, continuous upgrades and more effective administrative procedures. Holmen insures its facilities at replacement value against damage to property and interruption of business. The insurance excess varies from one facility to another but the maximum is SEK 30 million for a single claim. The Group has liability insurance that also covers sudden and unexpected environmental damage affecting third parties. The Group’s forest holdings are not insured. The areas of forest are spread across large parts of the country, and the risk of extensive simultaneous damage is deemed to be very low.
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