Our climate objectives from 2005 expire in 2020 and we are proud to have already reduced our use of fossil fuels at our mills with 87 percent. We have also reduced our electricity consumption and at the same time increased our production of renewable electricity. Our ambition is that our future goals should be in line with the Paris Agreement and follow the Science Based Targets (SBT) model.
The use of fossil fuels at our mills should have decreased by 90% in 2020 compared with the base year 2005.Holmen and the climate
Company-generated renewable electricity will equate tp 50 % of our electricity consmuption 2020 compared to 2005.More about energy
Is a scientific method for developing climate targets in line with the Paris Agreement in order to limit global warming.More about Science Based Targets
The growing forests shall absorb more carbon dioxide and supply the industry with renewable raw material, the industry shall deliver a long-term profitability and the climate impact from our production shall be reduced by phasing out fossil fuels and increasing production of renewable electricity.
Sustainable forestry shall provide a annual return and stable value growth as well as increase volume of standing timber.Our own forests - future strenght
The industry is run with a focus on long-term profitability. The target is for a sustained return of > 10 % on capital employed.Financial sustainability
Renewable energy production shall grow through large-scale wind power on our own land.More about energy
We aim to increase our climate benefit, have a strong financial position in order to secure room for manoeuvre when making long-term commercial decisions, as well as generate a good annual dividend for our shareholders.
Climate benefit shall increase by storage, substitution of carbon emission. Emissio in our value chain shall decrease.Our key figures
The financial position must be strong. The net financial debt should not exceed 25 percent of equity.Holmen in figures
Holmen shall provide a good annual dividend to the shareholders. The dividend is supplemented by share repurchases.About the share
Holmen contributes with great climate benefit by growing and developing strong health trees that reduce the amount of carbon dioxide in the atmosphere. For 2019, the positive climate imprint was 2.7 million tonnes. We have calculated 1.3 + 1.8 - 0.4 = 2.7 million tonnes of CO2.
The annual increase in volume of standing timber in Holmen’s forests is estimated to absorb 1 270 000 tonnes of CO2.
Our wood products stored 725 000 tonnes of CO2 in 2019 and replace climate-negative construction materials equivalent to 1 060 000 tonnes of CO2.
Emissions of fossil CO2 from our production amounted to 70 000 tonnes in 2019. Other emissions, including from transport, amounted to an equivalent 325 000 tonnes of CO2.
Holmen is an export company and part of Sweden’s primary industries.
With high carbon absorption and exports of climate-smart products, our contribution to sustainable development is global.
The challenges and the direct impact we have on the environment and people are largely local.
The goal of Holmen's safety work is to achieve an injury-free business for the employees.
A secure work environment is always high on the agenda and is continuously followed up at management level.
Holmen's forest unit is certified according to PEFCTM and FSC® (FSC-ID) and all producing units are certified according to OHSAS 18001, which means that the group conducts a joint systematic work environment work.
The number of accidents per million hours worked increased to 5.7 in 2019 from 4.9 in 2018. The dominant causes of accidents are slipping, tripping and pinching. Cuts and lacerations have fallen during the year thanks to measures put in place, but slips, trips and pinch accidents have increased.
In recent years, we have successfully managed to reduce the number of accidents and despite this year’s rise to 27 (24) incidents, efforts are moving in the right direction.
This year’s rise shows how important it is for us to continue to take a farsighted approach, focused on our vision of zero accidents.
Holmen's environmental targets for sustainable development are in line
with the activities proposed by the European Commission which aims at tackling the ongoing changes to the Earth's climate.
Under the United Nations Framework Convention on Climate Change, the EU has adopted climate targets for 2020 and 2030. The EU’s total emissions are to be reduced by 20 per cent by 2020 and by 40 per cent by 2030 compared with 1990. At the end of 2018, the EU presented a long-term climate strategy with the goal of zero net emissions by 2050.
Holmen's operations are characterised by renewables in raw material and energy, recovery of energy and fibre, new products, and raw materials and products that bind carbon dioxide and serve as substitutes for materials that have an impact on climate.
Holmen’s ambitions in the area of climate and energy are therefore in line with the sustainability goals formulated at global, European and national level.