Holmen AB

Common Name
Holmen
Country
Sweden
Sector
Basic Materials
Industry
Paper & Paper Products
Employees
3,500
Ticker
HOLM B
Exchange
NASDAQ STOCKHOLM AB
Description
Holmen AB (publ) engages in the forest, paperboard, paper, wood products, and renewable energy businesses in Sweden and internationally. It operates through Forest, Renewable Energy, Wood Products, an...

Holmen EU Taxonomy Data Preview

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)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
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Total Taxonomy Eligible A Turnover
0000000
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Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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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.

Insights into Holmen's Revenues from Sustainable Activities

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).

Holmen's Taxonomy-Eligible Turnover Over Time

2022202320240%3%6%9%12%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Holmen's revenues become more sustainable over time?

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.

How much of Holmen's revenue is eligible under the EU Taxonomy?

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.

How much of Holmen's eligible revenue is aligned with the EU Taxonomy?

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.

Holmen's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(91.0%)Total TaxonomyAligned A1 Turnover(9.0%)

Holmen's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%2.5%5%7.5%10%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Holmen's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Holmen reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 9%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Holmen earn from selling climate-related solutions ?

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.

Insights into Holmen's CAPEX from Sustainable 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).

Holmen's Taxonomy-Eligible Capex Over Time

2022202320240%15%30%45%60%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have Holmen's increased its investment in sustainable activities over time?

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.

How much of Holmen's capital expenditure (CAPEX) is eligible 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).

How much of Holmen's eligible CAPEX is aligned with the EU Taxonomy?

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.

Holmen's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(66.0%)Total TaxonomyAligned A1 Capex(34.0%)

Holmen's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%8.5%17%25.5%34%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Holmen's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Holmen reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 34%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Holmen is investing in climate-related solutions?

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.

Insights into Holmen's OPEX from Sustainable Activities

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).

Holmen's Taxonomy-Eligible Opex Over Time

2022202320240%7%14%21%28%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

Have Holmen's increased its spending in sustainable activities over time?

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.

How much of Holmen's operational expenditure (OPEX) is eligible 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).

How much of Holmen's eligible OPEX is aligned with the EU Taxonomy?

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.

Holmen's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(73.0%)Total TaxonomyAligned A1 Opex(27.0%)

Holmen's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%7%14%21%28%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Holmen's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Holmen reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 27%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much of Holmen's operational budget supports climate-related solutions?

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.