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.
Holmen’s sustainability risks are presented here alongside our operational risks, and in our annual report.
Insurance of facilities and forests
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.