Holmen is convinced that an active sustainability programme and clear communication on it will strengthen the brand and goodwill. Sustainability efforts are evaluated by a large number of stakeholders and external analysts. These evaluations provide valuable indications of how sustainability activities may be developed.
GRI - Global Reporting Initiative
Holmen has opted to base its sustainability reporting on the guidelines for sustainability reporting issued by the Global Reporting Initiative (GRI). At Holmen's request, KPMG has performed a general review of the contents of the Group's GRI reporting. A complete GRI register and the auditors' report can be found here on the Holmen website.
Corporate indexes and funds
There has been increased demand from financial analysts for detailed information on different companies' risks and opportunities relating to environmental issues, social responsibility and responsible corporate governance. International investors are increasingly seeking opportunities for investment in companies with sustainable development as an explicit goal.
Holmen is continuously evaluated by sustainability analysts and is included in a number of international sustainability indexes. These contacts serve as an important element of the stakeholder dialogue that is maintained. Holmen's inclusion, for several years now, in a number of sustainability indexes can be seen as testament to the company's systematic handling of sustainability issues over a long period. Appearing in such indexes gives the work a stamp of quality and shows that the company is able to manage risks and opportunities alike. Both are key parameters for consideration by investors.
The reporting to the UN Global Compact and the Carbon Disclosure Project (CDP), continuous assessment of its sustainability work and reporting in line with GRI are effective ways of providing relevant data for the analysis of Holmen.
A selection of company indexes in which Holmen is included follows in the right column.
The UN Global Compact 100
The UN Global Compact 100 (GC100) is a global stock index that tracks compliance with the ten sustainability principles and combines this with the companies' financial performance. The 100 companies around the world judged to be the best at creating good returns through sustainable business practices are listed on the GC100 index. Holmen has held GC100 status in the years 2013-2015.
CDP’s Climate Change Program
CDP’s Climate Change Program is the name of an international federation that in 2015 represented 822 institutional investors with assets totalling around SEK 860 billion. CDP seeks to encourage companies around the world to reduce their impact on the climate and nature’s resources, and it presents an annual report on the outcome of its work. Using information from almost 5 500 listed companies, CDP has built up the world’s largest database of climate information. This information is made available to support strategic business and investment decisions. Holmen has reported to the CDP Climate Change Program since 2007.
CDP Water Program
In 2015 CDP sent out a questionnaire to 1 100 companies around the world on the risks and opportunities associated with water use. Holmen is among the third that completed the questionnaire.
CDP Forest Program
In 2015 CDP sent out a questionnaire to around 850 companies around the world on the risks and opportunities of silviculture from a climate perspective. Holmen is among the one fifth of companies that completed the questionnaire.