Potential offtaker



Estimated electricity consumption


Countries of production presence


BillerudKorsnäs is a leading Swedish company that operates in the paperboard packaging materials sector. The company is known for its innovative and sustainable approach to business, which has earned it a reputation as a leader in decarbonisation, corporate energy, corporate PPA, and renewable energy.

BillerudKorsnäs was formed in 2012 through the merger of two Swedish companies, Billerud and Korsnäs. The company is headquartered in Solna, Sweden, and has operations in more than 20 countries around the world. It employs over 4,000 people and has an annual revenue of around SEK 22 billion.

The company's core business is the production of sustainable packaging materials, including paperboard, cartons, and bags. These materials are used in a wide range of industries, including food and beverage, healthcare, and consumer goods. BillerudKorsnäs is committed to sustainability and has set ambitious targets to reduce its environmental impact.

One of the key areas of focus for BillerudKorsnäs is decarbonisation. The company is committed to reducing its carbon footprint and has set a target to become fossil-free by 2030. To achieve this goal, the company is investing in renewable energy and energy efficiency measures. It has also implemented a carbon tax on its operations to encourage further reductions in emissions.

BillerudKorsnäs is also a leader in corporate energy. The company has implemented a number of measures to reduce its energy consumption, including the use of energy-efficient equipment and the implementation of energy management systems. It has also invested in renewable energy sources, such as wind and solar power, to reduce its reliance on fossil fuels.

In addition to its own energy consumption, BillerudKorsnäs is also committed to helping its customers reduce their carbon footprint. The company offers a range of sustainable packaging solutions that are designed to reduce waste and emissions. These solutions include lightweight packaging materials, recyclable materials, and biodegradable materials.

Another area of focus for BillerudKorsnäs is corporate PPA (power purchase agreement). The company has signed a number of PPAs with renewable energy providers to ensure a reliable and sustainable source of energy for its operations. These agreements also help to support the growth of renewable energy and reduce the company's reliance on fossil fuels.

BillerudKorsnäs is also committed to promoting renewable energy more broadly. The company is a member of the RE100 initiative, which is a global initiative that brings together companies committed to using 100% renewable energy. Through this initiative, BillerudKorsnäs is working to promote the use of renewable energy and encourage other companies to make the switch.

Overall, BillerudKorsnäs is a leader in the paperboard packaging materials sector, with a strong focus on sustainability and decarbonisation. The company is committed to reducing its environmental impact and promoting renewable energy, both within its own operations and more broadly. With its innovative and sustainable approach to business, BillerudKorsnäs is well-positioned to continue leading the way in the packaging materials sector for years to come.

✓ Science Based Targets member
✓ Declared Net Zero commitment