An integrated approach for sustainability
With our forests at the foundation, Stora Enso offers fiber-based, renewable solutions and focuses on three areas where we believe we can have the biggest impact and opportunities: climate, biodiversity, and circularity.
Together with our customers and partners, we drive our innovation agenda towards replacing, substituting, or displacing fossil-based materials. We create renewable and circular solutions from sustainably managed forests. Our purpose is to “Do good for people and the planet”. This underpins our commitment to accelerate the transition to a circular bioeconomy to combat climate change, safeguard natural resources, and have a positive impact on biodiversity.
Our ambition and targets
Our ambition is to offer 100% regenerative solutions by 2050, with products that are fully circular, remove more carbon than they emit, and support biodiversity preservation and restoration. This is supported by intermediate targets for 2030 as well as our commitment to net-zero carbon emissions by 2040.
- For climate, Stora Enso’s target is to reduce absolute carbon dioxide emissions 50% by 2030 from the 2019 baseline, both in its own production and within the value chain.
- We have additionally reinforced our climate commitment by joining The Climate Pledge initiative, with the aim to achieve net-zero carbon emissions across all three Scope categories.
- For circularity, the target is to achieve 100% technically recyclable products by 2030.
- We aim to achieve a net positive impact on biodiversity through active biodiversity management in our forests and plantations.
Our foundation
Throughout our operations, communities and markets, we continue our work to ensure that we conduct our everyday business in a responsible manner and impacts from our value chain are proactively managed.
Our regenerative ambition
Focus areas
Targets and performance
Sustainability governance
Sustainability is a key element of Stora Enso’s corporate governance, promoted by the Board of Directors, the CEO, and the Group Leadership Team (GLT). The CEO has the ultimate responsibility for the implementation of our sustainability strategy. The sustainability work is led by the Chief Sustainability Officer, who reports to EVP, Strategy and Sustainability (part of the GLT).
The Board of Director’s Sustainability and Ethics Committee is responsible for overseeing the Company’s sustainability and ethical business conduct. The Committee regularly reviews Stora Enso’s sustainability agenda and Ethics and Compliance Strategy and, in accordance with Stora Enso’s corporate governance structure, oversees their effective implementation as well as reviews the company’s external sustainability reporting.
External commitments
Our focus on key sustainability areas is supported by our commitment to the UN Global Compact’s Ten Principles and the UN’s Guiding Principles on Business and Human Rights. Stora Enso acknowledges the importance of the United Nations Sustainable Development Goals (SDGs) and supports all seventeen SDGs. Goals 12, 13, and 15 have been identified as the most relevant, where the Group has the largest impact through its own operations and products.
