The forest delivers the most benefit when it is put to use. It is the heart of Holmen’s sustainable business. We are part of a value chain that creates climate benefit in several areas, amounting to a total of more than 6 million tonnes of carbon dioxide per year. The climate benefit created in our value chains in 2020 is reported in million tonnes CO2e below. And it is clear that our greatest climate benefit comes from forest products replacing fossil alternatives.
CO2 uptake in the annual increase in the volume of standing timber in Holmen’s forests, plus CO2 stored in Holmen’s products.
Substitution, where the renewable products and the renewable energy Holmen sells replace fossil alternatives.
Holmen’s fossil emissions. 80% of these are generated from transport and production of input products.
Increase our carbon storage above our current figure of +1.8 million tonnes.
Decrease our carbon emissions from our current figure of -0.4 million tonnes in line with the 1.5°C goal of the Paris Agreement.
Our growing forests and our products bind carbon dioxide. Through active and sustainable forestry we increase forest growth and capacity to absorb carbon. We make wood products from the forest which store carbon dioxide. Residual products from the sawmills and wood from thinning are made into paperboard and paper, which also store carbon throughout their shorter lifecycle. At Holmen we work actively to cut our own carbon dioxide emissions and since 2005 we have reduced the use of fossil fuels at our mills by 88 per cent. This means that Holmen’s direct emissions of carbon dioxide are already lower than the emission limits set in the Paris Agreement.
Our climate benefit is to increase through forest growth which binds carbon dioxide and by increasing our production of wood products. At the same time, we are to have low fossil emissions in our value chain and we have undertaken to ensure that the Group’s combined emission levels of fossil greenhouse gases (scope 1 and 2) continue to lie below the level defined by the Science Based Targets initiative (SBTi) for the paper, pulp and paperboard industry in 2030. Our fossil emissions from transport are to fall by 2 per cent per tonne-kilometre and emissions from the majority of our suppliers of input goods are to fall by 1.2 per cent. In 2021, Holmen will apply to have a new climate target approved by SBTi.
Increase our carbon substitution above our current figure of +5.0 million tonnes.
Holmen is a Swedish forest company that gives quality-conscious customers across the world access to renewable products from the Swedish forests.
We reduce our customers’ need for fossil materials and energy. Wood construction, products made from paperboard and paper, and energy from hydro and wind power on our own land mean we are reducing our customers’ need for fossil-based materials and fossil energy. This leads to lower fossil carbon dioxide emissions from our customers’ businesses. At the same time, we are injecting a sustainably produced raw material into the recycled fibre industry and contributing towards the transition to a fossil-free energy system.
We seek to increase our contribution to our customers’ climate efforts. We will achieve this by increasing our sales of wood products and construction products, which replace fossil-based materials. We also aim to increase our sales of paperboard, enabling our customers to replace fossil-based packaging, and continue to develop paper products manufactured with one of the lowest carbon footprints in the world. Our production of paper and paperboard also contributes a sustainable raw material to the recycled fibre industry and when the products can no longer be recycled, they are put to use as biofuel, which replaces fossil fuels. Expanding wind power on our own land will enable us to increase our sales of renewable electricity from hydro and wind power, reducing the need for fossil-based energy. In this way, Holmen plays an important role in the transition to a fossil-free society and to a fossil-free energy system in Europe.
With courageous, committed and responsible employees and thriving local communities, we can achieve more. At Holmen, the focus is very much on innovation and development, and we want our employees to develop and grow with us. In our work towards a sustainable future, this means investing in employees’ skills, active leadership, a positive corporate culture and a healthy workplace. Naturally, we therefore work actively to encourage health and prevent injury, promote diversity and combat discrimination. Holmen plays a significant role as an employer in several locations and the business has considerable regional significance. It creates employment in rural areas and helps enable people to live and work outside the big cities.
Holmen’s management by objectives process is to contribute towards our strategy and foster courage, commitment and responsibility in our employees. We are to attract and develop a diverse staff of competent employees and work for a culture that is inclusive and dynamic. Aware and mature leadership and employeeship is to drive the business forward and contribute to a positive culture, in which we focus on our own tasks and simultaneously help each other in every respect. Our work environment is to be safe and healthy. Therefore we have a zero vision for work-related accidents, repetitive strain injury and work-related illness. As an important employer in many locations, we are to actively contribute to thriving local communities by providing employment for our workers and other companies in our value chain.
The number of accidents per million hours worked fell to 4.3 in 2020 from 5.7 in 2019. The dominant causes of accidents are slipping, tripping, pinching and cutting.
During the year we have successfully managed to reduce the number of accidents from 27 to 21 incidents, which is our best result ever. This shows that our work is paying off and how important it is for us to continue taking a farsighted approach, focused on our vision of zero accidents. It is worthy of note that our paperboard mill in Workington in the UK had no accidents resulting in sickness absence in 2019 or in 2020.
Health and safety is a priority issue for Holmen’s Group management and for the whole Group. A working party consisting of the mill managers in the respective business areas has been set up by Group management.
This team works on an ongoing basis to initiate activities and procedures, set targets and key indicators, and follow these up, reporting back to Group management.