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Holmen sharply criticizes EU’s Forest Strategy

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Holmen sharply criticizes EU’s Forest Strategy

July 09, 2021 - 07:38
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STOCKHOLM, July 9, 2021 (Press Release) -The leaked version of the EU’s Forest Strategy completely ignores the climate benefit from active forestry and would be a tough blow for the EU’s green transition. In a letter to Brussels and members of the Swedish Government and Riksdag, Holmen now voices severe criticism. - An unacceptable attempt to regulate forestry, writes Holmen President and CEO Henrik Sjölund.

The EU’s draft Forest Strategy was revealed after a document was leaked in late June. Its content led to a wave of criticism from several weighty actors in the sector. Last week, the major Swedish forest owners signed a joint letter to the European Commission, which Holmen fully upholds.

The Swedish Forest Industries Federation is highly critical of the EU line, which it considers lacks insight into conditions in the forest industry and the contribution it makes to a climate-neutral society.

The leaked Forest Strategy is part of a major package of 13 revised or new pieces of legislation, eight of which directly affect the forest, to be presented in mid-July.

  • An unacceptable attempt to regulate forestry, writes Holmen President and CEO Henrik Sjölund.

Holmen’s business is built around the forest ecocycle and the renewable products we can create from it. Our business areas are Forest, Renewable Energy, Wood Products, Paperboard and Paper. With a workforce of 3 300 people, we create value for shareholders, customers and society. We generate sales of around SEK 16 billion and our shares are listed on Nasdaq Stockholm, Large Cap.