Holmen AB 2021 AR2
The report highlights Holmen's strong performance in the 2021 financial year, driven by its forest assets and high demand for wood products. The company's operating profit reached a historically high level of SEK 3 731 million, and the value of its forest assets increased by 9 percent to SEK 47 billion. Holmen expanded its wood products business through the acquisition of Martinsons and the expansion of Braviken Sawmill, achieving a record production of 1 465 thousand cubic meters. Additionally, the company advanced its renewable energy business with the completion of the Blåbergsleden Wind Farm, which is expected to increase its renewable energy production by 30 percent.
Company: Holmen AB
Sector: Materials
Country: Sweden
Year: 2021
Type: AR2
Pages: 100
Holmen AB
Annual Report
The report highlights Holmen's strong performance in the 2021 financial year, driven by its forest assets and high demand for wood products. The company's operating profit reached a historically high level of SEK 3 731 million, and the value of its forest assets increased by 9 percent to SEK 47 billion. Holmen expanded its wood products business through the acquisition of Martinsons and the expansion of Braviken Sawmill, achieving a record production of 1 465 thousand cubic meters. Additionally, the company advanced its renewable energy business with the completion of the Blåbergsleden Wind Farm, which is expected to increase its renewable energy production by 30 percent.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
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