Sveaskog AB is a Swedish state-owned company that operates in the forestry and logging sector. The company is responsible for managing and harvesting timber from the forests owned by the Swedish government. Sveaskog AB is one of the largest forestry companies in Europe, with a turnover of SEK 7.4 billion in 2020.

Sveaskog AB is committed to sustainable forestry practices and has a strong focus on decarbonisation. The company recognizes the importance of reducing greenhouse gas emissions and is working towards becoming a carbon-neutral company by 2030. To achieve this goal, Sveaskog AB is investing in renewable energy and implementing energy-efficient practices across its operations.

One of the ways Sveaskog AB is reducing its carbon footprint is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy supplier, where the company agrees to purchase a fixed amount of renewable energy at a predetermined price. By entering into a corporate PPA, Sveaskog AB is able to secure a reliable source of renewable energy while also supporting the growth of the renewable energy sector.

In 2020, Sveaskog AB signed a corporate PPA with a wind farm in northern Sweden. The agreement will provide the company with 60 GWh of renewable energy per year, which is equivalent to the electricity consumption of approximately 12,000 households. The wind farm is expected to be operational by 2022 and will help Sveaskog AB to reduce its greenhouse gas emissions by approximately 25,000 tonnes per year.

Sveaskog AB is also investing in its own renewable energy projects. In 2020, the company announced plans to build a wind farm in northern Sweden. The wind farm will consist of 26 wind turbines with a total capacity of 143 MW. The project is expected to be completed by 2023 and will generate approximately 500 GWh of renewable energy per year. This will be enough to power approximately 100,000 households and will help Sveaskog AB to reduce its greenhouse gas emissions by approximately 150,000 tonnes per year.

In addition to its renewable energy projects, Sveaskog AB is implementing energy-efficient practices across its operations. The company is investing in new equipment and technologies that will help to reduce its energy consumption and greenhouse gas emissions. For example, Sveaskog AB is replacing its diesel-powered forestry machines with electric machines that are powered by renewable energy. The company is also implementing energy-efficient lighting and heating systems in its offices and warehouses.

Sveaskog AB is committed to sustainable forestry practices and is working to ensure that its operations have a minimal impact on the environment. The company is certified by the Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification (PEFC), which are independent organizations that promote responsible forestry practices. Sveaskog AB's forestry operations are also certified by the Swedish Forest Agency, which ensures that the company is complying with Swedish forestry laws and regulations.

In conclusion, Sveaskog AB is a Swedish state-owned company that operates in the forestry and logging sector. The company is committed to sustainable forestry practices and is working towards becoming a carbon-neutral company by 2030. Sveaskog AB is investing in renewable energy and implementing energy-efficient practices across its operations. The company is also certified by independent organizations that promote responsible forestry practices. Sveaskog AB's commitment to decarbonisation and renewable energy is a positive step towards a more sustainable future.