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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 2024, 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)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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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 2024
a. Billerud's Annual Report 2024

Insights into Billerud's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBillerud amounted to960,000metric 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 2023, the total operational greenhouse gas (GHG) emissions of Billeruddecreased by 3.13%, 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

2022202320240250 k500 k750 k1 MtCO2e-17%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Billerud's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Billerud were 686,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Billerud reduced its Scope 1 emissions over time?

Since 2022, Billerud's Scope 1 emissions have decreased by 22.31%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Billerud's Scope 1 emissions decreased by 6.41%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Billerud's Scope 2 emissions?

In 2024, Billerud reported Scope 2 greenhouse gas (GHG) emissions of 9,000 tCOâ‚‚e using the market-based method and 274,000 tCOâ‚‚e using the location-based method.a

Has Billerud reduced its Scope 2 emissions over time?

Since 2022, Billerud's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Billerud's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year(2023), 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 2024, 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

202220232024080 k160 k240 k320 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Billerud's Value Chain Emissions

In 2024, Billerud reported 3,016,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Billerud includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Billerud's Scope 3 Emissions Over Time

2022202320240950 k1.9 M2.85 M3.8 MtCO2e-18%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Billerud's Scope 3 emissions?

In 2024, Billerud reported total Scope 3 emissions of 3,016,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 76.4%of these emissions originated from upstream activities such as purchased goods and capital goods, while 23.6%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Billerud reduced its Scope 3 emissions over time?

Since 2022, Billerud's Scope 3 emissionshave decreased by 20%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Billerud's Scope 3 emissions remained relatively stable, indicating that Billerud's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Billerud disclose?

In 2024, 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 2024, the largest contributors to Billerud's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 1,124,000 tCOâ‚‚e(37.26%)
  • Upstream Transportation and Distribution (Cat. 4): 502,000 tCOâ‚‚e(16.64%)
  • Processing of Sold Products (Cat. 10): 432,000 tCOâ‚‚e(14.32%)

Billerud's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(16.6%)Processing of SoldProducts (Cat. 10)(14.3%)Purchased Goods andServices (Cat. 1)(37.3%)

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

In 2024, Billerud reported Scope 1 greenhouse gas (GHG) emissions of 686,000 tCOâ‚‚e and total revenues of USD 3,943 millions. This translates into an emissions intensity of 173.97 tCOâ‚‚e 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)JIDPKlabinYear: 2024Scope 1: 744,042 tCO2eRevenue: $M 3,180Scope 1 Intensity: 233.98 tCO2e/$MIndah Kiat Pulp & PaperYear: 2024Scope 1: 11,475,287 tCO2eRevenue: $M 52,518,476Scope 1 Intensity: 0.22 tCO2e/$MMercer InternationalYear: 2024Scope 1: 454,602 tCO2eRevenue: $M 2,043Scope 1 Intensity: 222.48 tCO2e/$MJJJames CropperYear: 2024Scope 1: 25,399 tCO2eRevenue: $M 130Scope 1 Intensity: 195.36 tCO2e/$MEmpresas CMPCYear: 2024Scope 1: 1,522,902 tCO2eRevenue: $M 7,468,867Scope 1 Intensity: 0.20 tCO2e/$MSvenska Cellulosa AktiebolagetYear: 2024Scope 1: 279,200 tCO2eRevenue: $M 1,836Scope 1 Intensity: 152.08 tCO2e/$MNorske SkogYear: 2024Scope 1: 250,372 tCO2eRevenue: $M 814Scope 1 Intensity: 307.47 tCO2e/$MHolmenYear: 2024Scope 1: 61,000 tCO2eRevenue: $M 2,065Scope 1 Intensity: 29.54 tCO2e/$MChung Hwa PulpYear: 2024Scope 1: 744,472 tCO2eRevenue: $M 634Scope 1 Intensity: 1,174.37 tCO2e/$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: $M 9,048Scope 1 Intensity: 1,793.56 tCO2e/$MNavigatorYear: 2024Scope 1: 509,037 tCO2eRevenue: $M 2,173Scope 1 Intensity: 234.25 tCO2e/$MDDDaio PaperYear: 2024Scope 1: 3,227,000 tCO2eRevenue: $M 4,435Scope 1 Intensity: 727.57 tCO2e/$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: 2024Scope 1: 3,287,876 tCO2eRevenue: $M 5,458Scope 1 Intensity: 602.40 tCO2e/$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: $M 3,347Scope 1 Intensity: 1,727.17 tCO2e/$MArctic PaperYear: 2024Scope 1: 133,443 tCO2eRevenue: $M 835Scope 1 Intensity: 159.83 tCO2e/$MStora EnsoYear: 2024Scope 1: 1,170,000 tCO2eRevenue: $M 9,417Scope 1 Intensity: 124.25 tCO2e/$MSemapaYear: 2024Scope 1: 3,780,354 tCO2eRevenue: $M 2,965Scope 1 Intensity: 1,274.93 tCO2e/$MBillerudYear: 2024Scope 1: 686,000 tCO2eRevenue: $M 3,943Scope 1 Intensity: 173.97 tCO2e/$M

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

In 2024, Billerud reported a Scope 1 emissions intensity of 173.97 tCOâ‚‚e per millions USD. Compared to the peer group median of 318.83, 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 2024, Billerud ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, Billerud reported a total carbon footprint of 3,976,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.88% decrease compared to 2023, 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 75.86% of the company's total carbon footprint, followed by Scope 1 emissions at 17.25%.a

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