Holmen Named One of the World’s Most Sustainable Companies

 

Holmen (Stockholm, Sweden) has gained a place on the Global 100, an index of the hundred most sustainable corporations in the world. Holmen ranks 21 and is the only company in the forest industry on the prestigious list. Holmen also ranks highest of the four Swedish companies that qualified for the Global 100.

The Global 100 list of the world’s most sustainable corporations is announced each year at the World Economic Forum in Davos, Switzerland. The index has been published by the Canadian analysis firm Corporate Knights since 2005 and is based on an overall assessment of how a company handles issues concerning resource management, employees, and financial management. Almost 5,000 companies have taken part in the assessment, with the hundred best featuring on the Global 100 index.

"We are both proud and pleased to be on the Global 100 list as one of the most sustainable companies in the world. Holmen has taken a focused approach to sustainability issues for many years now. Being recognized and ranked highly by leading analysts is an acknowledgement of this work," said Lars Strömberg, director of Sustainable and Environmental Affairs at Holmen.

Holmen is 21st and the only corporation in the forest industry sector on the Global 100 list. Holmen also ranks highest among all four of the Swedish companies that have made it onto the list, ahead of SEB (46), HM (54), and Ericsson (72). Topping the list is Siemens AG.

"This ranking is the result of dedicated work and the strategic choices and investments we’ve made for the future, which have reinforced our sustainability profile. There is no doubt that the forest has good prospects as a raw material, especially amid a transition to a bio-economy in which products made from fossil raw materials are being replaced with renewable alternatives," commented Henrik Sjölund, president and CEO of Holmen.