Holmen AB 2020 AR2
The report highlights Holmen's strong performance in 2020 despite the challenges of the COVID-19 pandemic, achieving an operating profit of SEK 2 479 million. A key milestone was the acquisition of Martinsons, which doubled the company's wood products business and advanced its position in sustainable wood construction. Holmen also progressed its renewable energy business with the construction of the Blåbergsliden Wind Farm, set to increase electricity production by 35 percent. The company's operations generated a total climate benefit of 6.4 million tonnes of CO2e, driven by forest carbon sequestration and the substitution of fossil-based materials with renewable wood and paperboard products.
Company: Holmen AB
Sector: Materials
Country: Sweden
Year: 2020
Type: AR2
Pages: 96
Holmen AB
Annual Report
The report highlights Holmen's strong performance in 2020 despite the challenges of the COVID-19 pandemic, achieving an operating profit of SEK 2 479 million. A key milestone was the acquisition of Martinsons, which doubled the company's wood products business and advanced its position in sustainable wood construction. Holmen also progressed its renewable energy business with the construction of the Blåbergsliden Wind Farm, set to increase electricity production by 35 percent. The company's operations generated a total climate benefit of 6.4 million tonnes of CO2e, driven by forest carbon sequestration and the substitution of fossil-based materials with renewable wood and paperboard products.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Feb 26, 2021
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
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees