Holmen's purpose is to grow a sustainable future. In 2018, we conducted an in-depth stakeholder analysis that showed that our greatest opportunity to influence and create a sustainable future can be summarized in three focus areas:
• We contribute to a better climate
• We help our customers in sustainable business
• We are committed to our employees and our local communities
In accordance with Holmen's governance model, our business areas are responsible for their operations and operate strategies developed jointly by Group Management and the Board. Group management monitors the business and achieved quarterly results in business reviews, including the status and objectives of each business area linked to the three focus areas.
Business area objectives
The CEO of each business area is responsible for deciding on ambition, goals and KPI for each of the three focus areas within its own business area.
The business area objectives must be consistent with and contribute to the business objectives of the Holmen Group. All business areas set their own goals within the three focus areas and report their status to the CEO and Group Management quarterly in Business Review meetings.
Holmen Sustainability Management Group (HSM), a committee of Group Management, consisting of management team representatives from each unit and members of the Group management, is responsible for validation and quality assurance of the sustainability work with the support of the Holmen Sustainability Working Group (HSW), which consists of sustainability experts from all business areas.
The status of objectives and KPIs is followed up by HSM at quarterly meetings and via Holmen's internal quarterly sustainability report. The sustainability manager is responsible for coordinating HSM and HSW.