“We are very pleased and proud to once again be part of the Global Compact 100 index,” says Lars Strömberg, Holmen’s director of sustainable and environmental affairs. “The UN Global Compact is an important platform for companies committed to sustainable development and the Global Compact 100 index has quickly been established and made an impression.”
Holmen has been a member of the UN Global Compact since 2007, in which companies report their operations in accordance to ten principles covering human rights, social conditions, the right to establish trade unions, environment and anti-corruption. The stock index combines these results with a basic requirement of profitability.
“Companies in the Global Compact 100 show an overall return that exceeds the general global stock market. This indicates that active sustainability work is an important success factor while receiving increasing interest from investors,” says Lars Strömberg.
Holmen is a forest industry group that manufactures printing paper, paperboard and sawn timber and runs forestry and energy production operations.
