Stora Enso recognized by CDP with ‘A’ score for transparency on forests

Stora Enso has been recognized for leadership in corporate transparency and performance on forests by global environmental non-profit CDP, securing a place on CDP’s annual ‘A List’. Based on data reported through CDP’s 2023 Forests questionnaire, Stora Enso is one of the very few companies that achieved an ‘A’ among over 21,000 companies scored.

CDP assess companies based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. CDP’s scoring for forests is conducted through four commodities: timber, cattle products, soy, and palm oil. Companies need to score an A on at least one of these forest-risk commodities to earn a place on the Forests A List.

“Forests are the foundation for Stora Enso’s business as wood represents the largest part of our raw materials. As one of the largest private forest owners in the world, we recognise our responsibility to safeguard forests and nature. We are committed to sustainable forestry and ensuring that our operations do not cause deforestation or depletion of the world’s forests,” says Toby Croucher, SVP, Sustainability, Stora Enso. “To be included in the CDP Forest A List is a welcome recognition that we are continuing to drive and improve transparent long-term sustainable forest management.”

See the company listing and learn more at: Companies scores - CDP.

###

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has approximately 21,000 employees and our sales in 2022 were EUR 11.7 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs and Ordinary Shares (SEOAY, SEOFF, SEOJF).