Our climate work
In many ways, climate change is the critical issue of our age, and it affects every single one of us.
BillerudKorsnäs wants to help reverse development in this area, and to play an active role in the important work that has to be done to reduce emissions of greenhouse gases, which is why we have undertaken to combat climate change in all areas of our value chain.
How we are contributing to easing climate impact
We are primarily contributing to combating climate change by supplying packaging solutions made of renewable material to the global market. We want such packaging solutions to be the obvious choice for everyone. BillerudKorsnäs’ paper and board are much better – from the perspective of the climate – than other materials, such as plastic, metal and glass. They can be recycled 5–6 times, before finally being incinerated to produce energy.
Our material originates from growing forests. Research indicates that active forestry with strong growth produces the greatest climate benefit, combined with initiatives to replace fossil and resource-intensive raw materials with renewable wood material. Our material makes strong and light packaging solutions, which allow efficient logistics all the way to the final consumer. This naturally helps cut climate impact in every link of the chain.
Of course, we are also working continuously to reduce our own emissions of greenhouse gases by investing in new energy-efficient technology, developing our work methods, switching to renewable energy, and by checking and optimising our transport assignments. We also encourage our suppliers to make improvements. BillerudKorsnäs has a stated climate strategy and our vision is to phase out fossil fuels completely from our own production processes.
Life cycle assessment
In order to produce a solid basis for our ongoing climate work, and to make it easy for our customers to assess the performance of our products from an environmental perspective, we commission IVL Swedish Environmental Research to perform life cycle assessments (LCA) of our packaging solutions. Our life cycle assessments
Partnership and awards in the area of climate work
We have been highlighted as a world leader in combatting deforestation and has been awarded a place on the CDP Forests A List. För more awards, see External reviews
BillerudKorsnäs is a member of ‘Fossil-free Sweden’, an initiative set up by the Swedish government. By participating in Fossil-free Sweden, we hope to be able to learn more and to share our own experience of how to execute the transition to a fossil-free society in practice. Our partnerships
Identifying climate risks and opportunities
During the year we began work on reporting in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), an initiative under which companies can voluntarily opt to disclose how climate risks and opportunities may affect their profitability. We see this as an opportunity to obtain useful data for our strategic choices, but also as a way to increase transparency so that investors can make a fair assessment of our long-term potential for profitable growth.
Science Based Targets
To ensure that our targets genuinely contribute to preventing the global temperature from rising by more than two degrees, we have also signed up for the Science Based Targets initiative, which is backed by CDP, the UN Global Compact, the World Resources Institute and the WWF. This means that our targets are examined to ensure they live up to requirements according to research in the field. In addition, we undertake to examine suppliers’ emissions – from transport operations, for example – to set targets and to work systematically to reduce levels.