Holmen AB 2018 AR2
The report highlights Holmen's financial and sustainability performance for the 2018 fiscal year, emphasizing its circular business model based on active and sustainable forestry. The company achieved a strong operating profit of SEK 2,476 million (excluding items affecting comparability), driven by high demand and rising prices for forest and wood products. In terms of environmental progress, Holmen reduced fossil fuel use at its mills by 86% compared to the 2005 base year and generated renewable energy equivalent to 45% of its total electricity consumption. Additionally, the company's wood products contributed to significant carbon storage, and its forest holdings captured approximately 1.3 million tonnes of carbon dioxide during the year.
Company: Holmen AB
Sector: Materials
Country: Sweden
Year: 2018
Type: AR2
Pages: 80
Holmen AB
Annual Report
The report highlights Holmen's financial and sustainability performance for the 2018 fiscal year, emphasizing its circular business model based on active and sustainable forestry. The company achieved a strong operating profit of SEK 2,476 million (excluding items affecting comparability), driven by high demand and rising prices for forest and wood products. In terms of environmental progress, Holmen reduced fossil fuel use at its mills by 86% compared to the 2005 base year and generated renewable energy equivalent to 45% of its total electricity consumption. Additionally, the company's wood products contributed to significant carbon storage, and its forest holdings captured approximately 1.3 million tonnes of carbon dioxide during the year.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
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