The basis for the sustainability information presented is the sustainability questions identified as essential in view of the business that Holmen conducts, and that it requires an obligatory permit under environmental legislation in the countries in which the Group operates.

Holmen reports on its work on sustainability in accordance with the Global Reporting Initiative's GRI G4 guidelines at Core level. The sustainability reporting concerns the 2015 financial year and, as in previous years, encompasses the Holmen Group and constitutes pages 10–11, 32–41, 90–91 in the Holmen annual report 2015, the GRI index below and the pages stated in the GRI index on Holmen's website. 

The reporting is published annually, as part of the annual report, and the previous sustainability report published in 2015 concerned the 2014 financial year. No changes have taken place during the year in Holmen's organisation, corporate structure, ownership or supply chain. The sustainability reporting has been subject to review by Holmen's auditors; see the auditors' report

For questions regarding the contents of the reporting, please contact: 

Anders Jernhall, Head of Group Finance.
Tel: +46 (0)8 666 21 00

Lars Strömberg, Director of Sustainable and Environmental Affairs.
Tel: +46 (0)8 666 21 00.

Gunilla Rolander, HR manager Holmen.
Tel: +46 (0)8 666 21 00.

Holmen's materiality analysis in accordance with GRI G4

Prior to the transition to GRI G4, Holmen carried out a materiality analysis with the aim of confirming existing and identifying new, material sustainability aspects. The materiality analysis was carried out on the basis of the GRI method, with four steps: Identification, Prioritisation, Validation and Review.


Material sustainability aspects were identified in three steps:

  1. Identification of material aspects based on Holmen's internal perspective through analysis of the company's strategic areas of focus, financial goals, the internal materiality analysis performed in 2013, the Code of Conduct, sustainability goals and areas of focus for Human Resources.
  2. Identification of material aspects based on an external perspective grounded in legislation, guidelines and external undertakings that Holmen has, along with requirements in the new EU directive on sustainability reporting and the Ten Principles of the Global Compact.
  3. Identification of material aspects based on the stakeholder perspective grounded in the dialogues Holmen has with various stakeholders such as employees, owners, customers, supervisory authorities, neighbours and financial analysts.

For each material aspect, whether influence is exerted within or outside the organisation was also identified.


Each aspect was then prioritised based on whether it is important in terms of describing Holmen's financial, environmental and social influence, as well as/or whether stakeholders have stated that the aspect is important and whether it can influence the decisions of stakeholders or their view of Holmen.


As a final step in the materiality analysis, the results were validated by representatives from the functions at Holmen that own one of the sustainability aspects and by (a) representative(s) of Group management, who also adopted the materiality analysis as a correct summary of Holmen's material aspects from a sustainability perspective, which will also be reflected in the 2015 annual report.


The materiality analysis will be subject to internal review once a year in order to ensure its validity. Holmen also has the ambition of cross-checking the content of the materiality analysis with various stakeholder groups in the future. This also aims to ensure its validity. 

Summary of Holmen's material sustainability aspects

Aspect Material within

the organisation

Material outside the organisation
Profitability (own)



Capital structure (own)


Dividend (own)


Economic Performance



Energy X  
Water X  
Emissions X  
Effluents and Waste X  
Overall (Environmental protection expenditures and investments) X  
Environmental Grievance Mechanism X  
Occupational Health and Safety X X
Training and Education X  
Diversity and Equal Opportunity X X
Freedom of Association and Collective Bargaining X X
Child Labor X X
Forced or Cumpolsary Labor X X
Anti-corruption X X
Anti-competative Behaviour X  
Supplier Assessment on the basis of Environment, Labor Practices, Human Rights and Impacts on Society X X
Grievance Mechanisms for Labor Practices, Human Rights and Impacts on Society X X
Compliance X X



Director of Sustainable and Environmental Affairs
Lars Strömberg Holmen
Mobile: +46 70 668 90 18
Department: K-Stab Teknik
Strandvägen 1
P.O. Box 5407 SE-114 84 Stockholm
Sweden / Sverige
Head Office
Holmen AB head office Holmen
Phone: +46 8 666 21 00
Fax: +46 8 666 21 30
Org/VAT Number 556001-3301
Strandvägen 1
P.O. Box 5407 SE-114 84 Stockholm
Sweden / Sverige

Holmen AB, P.O. Box 5407, SE-114 84 Stockholm, Sweden.

Visiting address: Strandvägen 1, Stockholm.

Tel: +46 8 666 21 00   E-mail:

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© Holmen Group 2016