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 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.
Global 100 - Holmen one of the world's most sustainable companies
The Global 100 list of the world's most sustainable corporations is announced each year at the World Economic Forum in Davos, Switzerland. The ranking has been carried out by the Canadian analysis company Corporate Knights since 2005 and is based on a total assessment of the company's capacity to tackle issues of resource management, employees and financial management. Almost 5 000 companies were included in the assessment, with the hundred best featuring on the Global 100 index. Holmen secured 21st place and is the only forest industry sector company on this prestigious list.
CDP - Assesments 2016
CDP'S CLIMATE CHANGE PROGRAM is the name of an international federation that in 2016 represented 827 institutional investors with assets totalling around SEK 900 billion. CDP, which is a non-profit organisation, seeks to encourage companies around the world to reduce their impact on the climate and nature's resources, and report annually on the outcome of its work. Using information from almost 5 800 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. Holmen was highly ranked in CDP's study of companies' climate work 2016 and was placed in the good leadership group. Companies in this group represent best practice in regard to advanced environmental stewardship, with a good understanding of and active efforts to mitigate climate-related risks and capitalise on climate-related opportunities.
CDP WATER PROGRAM. In 2016, CDP sent out a questionnaire to 1 250 companies around the world on the risks and opportunities associated with water use. Holmen was one of the approximately 500 companies that responded to the questionnaire. The assessment showed that Holmen is judged to handle water issues well.
CDP FOREST PROGRAM. In 2016, CDP sent out a questionnaire to around 800 companies around the world on the risks and opportunities of silviculture from a climate perspective. Holmen is among the one quarter of companies that completed the questionnaire. Holmen was highly ranked in the survey and was placed in the good leadership group. Companies in this group show that they have introduced measures that ensure sustainable use of the forest's resources.