Risk management
Stora Enso has categorised risks into four areas: 1) strategic risks, 2) operational risks, 3) hazard risks and 4) financial risks. In order to mitigate the impact of risks and achieve more stable business, the Group has a policy for managing the risks. The most significant risks are listed in the table below and described in the Risks and Risk management documents below.
Strategic risks
- Business environment risks
- Business development risks
- Supplier risks
- Availability and acceptability of wood
- Human resources risks
- Climate change risks
- Governance risks |
Operational risks
- Market risks
- Commodity and energy prices risks
- Labour market disruptions
- Supply chain risks
- IT risks |
Hazard risks
- Environmental risks
- Antitrust risks
- Property and business disruption risks
- Product safety
- Occupational health and safety risks
- Personnel security risks
- Natural catastrophes |
Financial risks
- Conterparty risks
- Currency risks
- Liquidity and Refinancing risks
- Interest rate risks
- Financial transactions conterparty risks
- Customer credit risks
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Risk and risk management as part of the Report of the Board of Directors in annual report 2010: 
Report of the Board of Directors
More detailed information on financial risk management, Note 26 in annual report 2010: Note 26
