Seedling

Stora Enso as a sustainable investment

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We continuously strive to improve our sustainability performance and reporting, and to keep investors informed of our progress, ambitions, and future direction. On this page you can find a range of sustainability-related topics that matter to our business and to our key stakeholders.

Transformation

Forest Floor, News

Biodiversity

Sustainable forest management safeguards forest health and productivity, and protects biodiversity – whilst securing the long-term availability of our renewable resources.
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Wooden high-rise building

Climate change

To us - the key to combating climate change involves the use of renewable materials, resource and energy efficient production processes, and sustainable forest management practices.
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Food tray

Circularity

At Stora Enso, we believe that recycling is not enough. The world needs materials that are both renewable and recyclable - a circular bioeconomy - to combat climate change and to minimise waste.
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Foundation

Plantation

Environmental responsibility

We use natural resources with care and respect the local environment.
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Man in production

Social responsibility

We care about all our people, respect local communities, and conduct ethical business.
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Sustainability data and reporting

Sustainability targets and KPIs

Sustainability targets and KPIs

SASB

SASB

TCFD

TCFD

Annual report

Annual report

Stora Enso ESG rating by agency

Rating agency Stora Enso Score Changes vs. previous score Rating against peers Last update
CDP

Climate A-
Forest B
Water B


Climate and Water unchanged, declined in Forest from A- to B Clearly above the industry average level Q4/2022
FTSE Russell 4.4 / 5.0 Declined from 4.5 to 4.4 Among highest rank in the industry Q2/2023
ISS Corporate Rating B / A+ Improved from B- to B Among highest rank in the industry Q2/2023
ISS Quality Score Governance 2*
Social 1
Environment 1
Declined in Governance from 1 to 2* Among highest rank in the industry Q2/2023
MSCI AAA / AAA Unchanged Among highest rank in the industry Q3/2022
Sustainalytics 14.7 / 100** Improved from 15.8 to 14.7 Among highest rank in the industry Q2/2023
VigeoEiris*** 73 / 100 Improved from 68 to 73 Among highest rank in the industry Q3/2021

* 1 indicating the lowest risk
** 0 indicating the lowest risk
*** V.E. part of Moody's ESG solutions

Sustainable finance

Sustainability is an integral part of Stora Enso's financing strategy. The ambition is to offer fixed income instruments that support sustainability-focused investors, and to report the direct environmental impacts of specific investments and business activities.

Sustainable finance

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