In 2024, Holmen 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).
Holmen has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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 Holmen’s data sources below and access millions more through our Disclosure Search.
In 2024, the total operational greenhouse gas (GHG) emissions of Holmen amounted to 81,000 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 2023, the total operational greenhouse gas (GHG) emissions of Holmen decreased by 36.22%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Holmen were 61,000 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Holmen's Scope 1 emissions have decreased by 32.22%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Holmen's Scope 1 emissions increased by 12.96%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, Holmen reported Scope 2 greenhouse gas (GHG) emissions of 1,000 tCO₂e using the market-based method and 20,000 tCO₂e using the location-based method. a
Since 2019, Holmen's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 52.38%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Holmen's Scope 2 emissions (Location-Based) fell by 72.6% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2024, Holmen reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Holmen reported 708,000 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 2024 disclosure of Holmen includes a breakdown across 7 of 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
In 2024, Holmen reported total Scope 3 emissions of 708,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2019, Holmen's Scope 3 emissions have increased by 56.29%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), Holmen's Scope 3 emissions increased by 16.26%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, Holmen reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Holmen's Scope 3 emissions were: a
In 2024, Holmen reported Scope 1 greenhouse gas (GHG) emissions of 61,000 tCO₂e and total revenues of USD 2,065 millions. This translates into an emissions intensity of 29.54 tCO₂e per millions USD. a
In 2024, Holmen reported a Scope 1 emissions intensity of 29.54 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
In 2024, Holmen ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Holmen among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, Holmen reported a total carbon footprint of 789,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.2% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Holmen's total carbon footprint was Scope 3 emissions, accounting for 89.73% of the company's total carbon footprint, followed by Scope 1 emissions at 7.73%. a