Billerud AB (publ)

Common Name
Billerud
Country
Sweden
Sector
Basic Materials
Industry
Paper & Paper Products
Employees
6,141
Ticker
BILL
Exchange
NASDAQ STOCKHOLM AB
Description
Billerud AB is a prominent paper and packaging manufacturing company based in Sweden. The company is renowned for producing high-quality, sustainable packaging materials primarily from renewable fiber...

Billerud's GHG Emissions Data Preview

In 2023, Billerud completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Billerud has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Billerud’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Billerud’s data sources below and access millions more through our Disclosure Search.

a. Billerud's Annual Report 2023
a. Billerud's Annual Report 2023

Insights into Billerud's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Billerud amounted to 1,167,997 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Billerud decreased by 13.99%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Billerud's Scope 1 Emissions Over Time

202220230250 k500 k750 k1 MtCO2e-16%
  • Total Scope 1
  • Year-over-Year Change

What are Billerud's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Billerud were 778,627 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Billerud's Scope 1 emissions decreased by 16.12%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Billerud's Scope 2 emissions?

In 2023, Billerud reported Scope 2 greenhouse gas (GHG) emissions of 88,671 tCO₂e using the market-based method and 389,370 tCO₂e using the location-based method. a

Has Billerud reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Billerud's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Billerud 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Billerud use for Scope 2 reporting?

In 2023, Billerud reported its Scope 2 emissions using the market-based method and using the location-based method. a

Billerud's Scope 2 Emissions Over Time

202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Billerud's Value Chain Emissions

In 2023, Billerud reported 3,006,061 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Billerud includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Billerud's Scope 3 Emissions Over Time

202220230900 k1.8 M2.7 M3.6 MtCO2e-13%
  • Total Scope 3
  • Year-over-Year Change

What are Billerud's Scope 3 emissions?

In 2023, Billerud reported total Scope 3 emissions of 3,006,061 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 69.44% of these emissions originated from upstream activities such as purchased goods and capital goods, while 30.56% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Billerud's Scope 3 emissions decreased by 13.09%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Billerud disclose?

In 2023, Billerud reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Billerud's Scope 3 emissions?

In 2023, the largest contributors to Billerud's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 1,127,905 tCO₂e (37.52%)
  • Processing of Sold Products (Cat. 10): 657,067 tCO₂e (21.86%)
  • Upstream Transportation and Distribution (Cat. 4): 363,813 tCO₂e (12.1%)

Billerud's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(21.9%)UpstreamTransportation andDistribution(Cat. 4)(12.1%)Purchased Goods andServices (Cat. 1)(37.5%)

Insights into Billerud’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Billerud reported Scope 1 greenhouse gas (GHG) emissions of 778,627 tCO₂e and total revenues of USD 4,086 millions. This translates into an emissions intensity of 190.55 tCO₂e per millions USD. a

Billerud's Scope 1 Emissions Intensity Compared to Peers

2,00020,000500,00010,000,000100,000,000Scope 1 Emissions (tCO2e)502,000100,0005,000,000200,000,000Revenues (Millions of USD)JIDPCheng LoongYear: 2023Scope 1: 1,685,978 tCO2eRevenue: $M 1,374Scope 1 Intensity: 1,226.61 tCO2e/$MKlabinYear: 2023Scope 1: 720,824 tCO2eRevenue: $M 3,716Scope 1 Intensity: 193.97 tCO2e/$MIndah Kiat Pulp & PaperYear: 2024Scope 1: 11,475,287 tCO2eRevenue: $M 52,518,476Scope 1 Intensity: 0.22 tCO2e/$MMercer InternationalYear: 2023Scope 1: 424,023 tCO2eRevenue: $M 1,994Scope 1 Intensity: 212.67 tCO2e/$MJJJames CropperYear: 2024Scope 1: 25,399 tCO2eRevenue: $M 130Scope 1 Intensity: 195.36 tCO2e/$MSvenska Cellulosa AktiebolagetYear: 2024Scope 1: 279,200 tCO2eRevenue: $M 1,836Scope 1 Intensity: 152.08 tCO2e/$MOji HoldingsYear: 2024Scope 1: 5,791,000 tCO2eRevenue: $M 11,201Scope 1 Intensity: 517.01 tCO2e/$MHolmenYear: 2024Scope 1: 61,000 tCO2eRevenue: $M 2,065Scope 1 Intensity: 29.54 tCO2e/$MChung Hwa PulpYear: 2023Scope 1: 754,800 tCO2eRevenue: $M 683Scope 1 Intensity: 1,104.96 tCO2e/$MYFYYear: 2024Scope 1: 4,720,569 tCO2eRevenue: $M 2,394Scope 1 Intensity: 1,972.18 tCO2e/$MIIIberpapel GestionYear: 2024Scope 1: 150,574 tCO2eRevenue: $M 248Scope 1 Intensity: 607.49 tCO2e/$MNine Dragons Paper (Holdings)Year: 2024Scope 1: 16,228,463 tCO2eRevenue: $M 8,932Scope 1 Intensity: 1,816.89 tCO2e/$MNavigatorYear: 2023Scope 1: 509,494 tCO2eRevenue: $M 2,162Scope 1 Intensity: 235.67 tCO2e/$MDDDaio PaperYear: 2023Scope 1: 3,153,000 tCO2eRevenue: $M 4,851Scope 1 Intensity: 649.91 tCO2e/$MCPH GroupYear: 2024Scope 1: 13,542 tCO2eRevenue: $M 495Scope 1 Intensity: 27.38 tCO2e/$MPPPabrik Kertas Tjiwi KimiaYear: 2023Scope 1: 1,895,015 tCO2eRevenue: $M 1,074Scope 1 Intensity: 1,764.72 tCO2e/$MSappiYear: 2023Scope 1: 3,474,000 tCO2eRevenue: $M 5,809Scope 1 Intensity: 598.04 tCO2e/$MSuzanoYear: 2024Scope 1: 2,533,617 tCO2eRevenue: $M 7,673Scope 1 Intensity: 330.20 tCO2e/$MChenming PaperYear: 2023Scope 1: 21,631,434 tCO2eRevenue: $M 3,744Scope 1 Intensity: 5,777.63 tCO2e/$MShanying International HoldingsYear: 2024Scope 1: 3,760,981 tCO2eRevenue: $M 4,005Scope 1 Intensity: 939.06 tCO2e/$MLee & Man Paper ManufacturingYear: 2024Scope 1: 5,781,277 tCO2eRevenue: $M 3,347Scope 1 Intensity: 1,727.17 tCO2e/$MStora EnsoYear: 2024Scope 1: 1,170,000 tCO2eRevenue: $M 9,417Scope 1 Intensity: 124.25 tCO2e/$MAditya Birla Real EstateYear: 2025Scope 1: 925,173 tCO2eRevenue: $M 141Scope 1 Intensity: 6,568.85 tCO2e/$MBillerudYear: 2023Scope 1: 778,627 tCO2eRevenue: $M 4,086Scope 1 Intensity: 190.55 tCO2e/$M

How does Billerud's GHG emissions intensity compare to its peers?

In 2023, Billerud reported a Scope 1 emissions intensity of 190.55 tCO₂e per millions USD. Compared to the peer group median of 598.04 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Billerud rank on GHG emissions intensity within its industry?

In 2023, Billerud ranked 6 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Billerud is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Billerud's Total Carbon Footprint

In 2023, Billerud reported a total carbon footprint of 4,174,058 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.34% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Billerud's total carbon footprint was Scope 3 emissions, accounting for 72.02% of the company's total carbon footprint, followed by Scope 1 emissions at 18.65%. a

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