BillerudKorsnäs’ annual and sustainability report 2018

Finland was one of the first countries to achieve endorsement of its national forest certification system back in 2000, and today most of Finland’s forests are PEFC-certified. Recognizing the scale of Finnish forest sector, Ben and Fabienne Sinclair, responsible for marketing, travelled out to meet with the country’s numerous stakeholders. “This visit was an excellent opportunity for us to get an update, and I am very pleased with the strong progress that PEFC is making,” said Antti Sahi, Secretary General of MTK, which represents farmers, forest owners and rural entrepreneurs in Finland.

As U.S. consumers become increasingly aware of the environmental impacts of the products they use every day, there remains a wide gap between perception and reality when it comes to the sustainability of paper products – but the gap has narrowed over the past two years. Overall, 44% of consumers believe paper products are bad for the environment, down from 48% in 2021.This according to a new survey commissioned by Two Sides North America and conducted by global research firm Toluna. “It’s great to see improvement in consumer attitudes about paper and the environment, but we need to accelerate this trend if paper products are to remain competitive in an ever-changing marketplace,” says Two Sides North America President Kathi Rowzie.

As part of our commitment to continued sustainable leadership, environmental impact and accountability, we are proud to be the first company in our space, and among the first companies in the world, to receive approval from the Science Based Targets Initiative (SBTi) for our greenhouse gas emission reduction targets aligned to the Net Zero Standard. The Net Zero Standard is developed by SBTi and is the first global science-based standard for companies to set net-zero targets. Using our FY22 performance as our baseline, we received approval for three targets: *Overall Net-Zero Target: HH Global has committed to reach net-zero greenhouse gas emissions across the value chain by Financial Year 2040 (FY40). *Near-Term Target: HH Global has committed to reduce absolute scope 1, 2 and 3 GHG emissions 50% by FY30. *Long-Term Target: HH Global has committed to reduce absolute scope 1, 2 and 3 GHG emissions 90% by FY40.