Holmen AB 2016 AR2
The report highlights Holmen's strong financial and environmental performance for the 2016 fiscal year, driven by its substantial forest and energy assets. The company achieved a significant reduction in fossil fuel use at its mills, reaching its 2020 target of a 75 percent reduction ahead of schedule, which prompted a revised target of 90 percent. Holmen's operations were climate-positive, reducing atmospheric carbon dioxide by over two million tonnes through forest carbon capture and product substitution. Additionally, the company was recognized as one of the world's most sustainable corporations, ranking 21st on the Global 100 index.
Company: Holmen AB
Sector: Materials
Country: Sweden
Year: 2016
Type: AR2
Pages: 84
Holmen AB
Annual Report
The report highlights Holmen's strong financial and environmental performance for the 2016 fiscal year, driven by its substantial forest and energy assets. The company achieved a significant reduction in fossil fuel use at its mills, reaching its 2020 target of a 75 percent reduction ahead of schedule, which prompted a revised target of 90 percent. Holmen's operations were climate-positive, reducing atmospheric carbon dioxide by over two million tonnes through forest carbon capture and product substitution. Additionally, the company was recognized as one of the world's most sustainable corporations, ranking 21st on the Global 100 index.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
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
Employees