In 2024, Holmen was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Holmen has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Holmen are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2024, Holmen reported EU Taxonomy-eligible revenues of SEK 2.22 billion, representing 9% of its total turnover. Of this amount, SEK 2.22 billion of Holmen's revenues was classified as EU Taxonomy-aligned, indicating that 9% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Holmen's taxonomy-aligned revenues decreased by 18.18% , indicating a long-term decline in environmentally sustainable revenue performance.
Compared to the previous year (2023), Holmen's taxonomy-aligned revenues decreased by 10% , suggesting that Holmen may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
In 2024, Holmen reported that SEK 2.22 billion of its revenue was eligible under the EU Taxonomy, representing 9% of the company's total turnover. Of this amount, SEK 2.22 billion (9% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Holmen's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
In 2024, Holmen reported that SEK 2.22 billion of its revenue was aligned under the EU Taxonomy, representing 9% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
In 2024, Holmen reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Holmen reported that SEK 2.23 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 9% of the company's total revenue, indicating that Holmen has limited exposure on solutions that support climate action through its commercial activities.
In 2024, Holmen reported EU Taxonomy-eligible CAPEX of SEK 791.00 million, representing 34% of its total CAPEX. Of this amount, SEK 791.00 million of Holmen's CAPEX was classified as EU Taxonomy-aligned, indicating that 34% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Holmen's taxonomy-aligned capital expenditure (CAPEX) decreased by 27.66%, indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.
Compared to the previous year (2023), Holmen's taxonomy-aligned CAPEX increased by 112.5%, highlighting Holmen's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
In 2024, Holmen reported that SEK 791.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 34% of the company's total CAPEX. Of this amount, SEK 791.00 million (34% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Holmen's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, Holmen reported that SEK 791.00 million of its CAPEX was aligned under the EU Taxonomy, representing 34% of its total capital investment.
This moderate level of alignment indicates that Holmen is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, Holmen reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Holmen allocated SEK 785.40 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 34% of the company's total capital expenditure, indicating that Holmen is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
In 2024, Holmen reported EU Taxonomy-eligible OPEX of SEK 469.00 million, representing 27% of its total operating expenses (OPEX). Of this amount, SEK 469.00 million of Holmen's OPEX was classified as EU Taxonomy-aligned, indicating that 27% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Holmen's taxonomy-aligned operating expenditure (OPEX) increased by 35%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.
Compared to the previous year (2023), Holmen's taxonomy-aligned OPEX increased by 35%, highlighting Holmen's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
In 2024, Holmen reported that SEK 469.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 27% of the company's total OPEX. Of this amount, SEK 469.00 million (27% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Holmen's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, Holmen reported that SEK 469.00 million of its OPEX was aligned under the EU Taxonomy, representing 27% of its total operational expenditure.
This moderate level of alignment indicates that Holmen is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, Holmen reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Holmen allocated SEK 471.69 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 27% of the company's total OPEX, indicating that Holmen is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.