Sustainability is an essential part of Stora Enso’s risk management, as potential risks related to sustainability could result in either material or reputational damage if they are not proactively managed.
The Group has many methods and tools to manage sustainability risks, including various policies, principles and guidelines implemented via management systems related to environmental issues, wood traceability and social performance.
Stora Enso’s Mergers and Acquisition Guidelines (2005) include a sustainability due diligence procedure, and the Group uses Environmental and Social Impact Assessments (ESIA) to fully understand the environmental and social impacts of its operations, develop necessary action plans, and allocate resources to reduce any negative impacts.
