Holmen AB 2011 AR2
The report highlights Holmen's financial and sustainability performance for the fiscal year 2011. During the year, the company revalued its forest holdings by SEK 3.6 billion, reflecting growth-promoting measures and increased market interest in renewable raw materials. Holmen advanced its transition toward specialty paper, shutting down an unprofitable paper machine in Madrid to improve productivity. Additionally, the company made significant investments in renewable energy, including a new biofuel boiler in Workington and a recovery boiler in Iggesund to increase self-sufficiency in electricity. Holmen also continued its commitment to the UN Global Compact, integrating economic, environmental, and social sustainability into its core business strategy.
Company: Holmen AB
Sector: Materials
Country: Sweden
Year: 2011
Type: AR2
Pages: 100
Holmen AB
Annual Report
The report highlights Holmen's financial and sustainability performance for the fiscal year 2011. During the year, the company revalued its forest holdings by SEK 3.6 billion, reflecting growth-promoting measures and increased market interest in renewable raw materials. Holmen advanced its transition toward specialty paper, shutting down an unprofitable paper machine in Madrid to improve productivity. Additionally, the company made significant investments in renewable energy, including a new biofuel boiler in Workington and a recovery boiler in Iggesund to increase self-sufficiency in electricity. Holmen also continued its commitment to the UN Global Compact, integrating economic, environmental, and social sustainability into its core business strategy.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees