Sustainable business objectives
We aim to create value that stands the test of time while contributing to a better climate.
A business that benefits the climate
Holmen does not distinguish between business targets and sustainability targets. We have sustainable business targets.
We contribute to a better climate. Our growing forests reduce the amount of carbon dioxide in the atmosphere, our products replace fossil alternatives and our hydro power and wind power production contributes to the transition towards a renewable energy system.
We are growing a sustainable future rooted in nature. Inevitably, this means our business leaves footprints in the natural environment. We have a responsibility for the traces we leave behind and for the biodiversity in our landscape. Attaining our sustainable business targets depends on us keeping the land and the ecosystems flourishing.
Forest, industry and energy targets
With growing healthy forests, renewable energy production, resource- and energy-efficient production of renewable products and a values-driven corporate culture, we have great opportunities to contribute to sustainable development in line with the UN's goals.
Harvest, 1,000 m3fub/year
In 2024, volumes amounted to 2.6 M m3fub - slightly lower than the current harvest plan.
Industry’s return on capital employed (%)
The goal for the industry is to provide a sustainable ROCE of more than 10%.
Deliveries of hydro and wind power (GWh)
Renewable energy will increase by supplementing hydropower with wind power on own land.
Targets for climate, capital and dividends
Our single greatest contribution is that we contribute to a better climate. Both through our own operations and together with our customers.
Climate benefit, million tonnes CO2e
Holmen's climate benefit, which in 2024 amounted to 8.3 million tonnes of CO2e.
Holmen's climate benefitsNet debt as per cent of equity
The net financial debt shall not exceed 25% of equity.
Dividend per share (SEK)
We will pay a strong annual dividend, based on profitability and financial situation.
8.3 million tonnes of climate benefit
We are part of a value chain that creates climate benefit in several stages of over 8 million tonnes of carbon dioxide in 2024. And it is clear that we create the greatest climate benefit when forest products replace fossil alternatives.
+2,57
Total increased net storage of Co2 through sequestration in Holmen's forests and products.
+ 6,52
Substitution through renewable products and renewable energy replacing fossil alternatives.
- 0,77
Holmen's value chain emissions. 80% generates from transport and procurement.
Climate targets in line with the Paris Agreement
Holmen has signed up to the Science Based Targets initiative (SBTi), and our objectives to decrease greenhouse gas emissions are approved by SBT. This is because we want to show that we back the Paris Agreement and that we are doing our bit in driving sustainable development.
The UN’s Sustainable Development Goals
Holmen is an export company and part of Sweden’s basic 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.
