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Open dialogue with our key stakeholders is crucial if we are to successfully identify stakeholder concerns, global trends, and market expectations.
We consider anyone interested in our company a stakeholder. Our key stakeholder groups include:
Open dialogue with key stakeholders is crucial to identify concerns, global trends and market expectations successfully and proactively. Stora Enso’s stakeholder engagement work is based on both structured and informal interaction, as well as on regular surveys on topics such as customer and employee satisfaction and investor expectations. We also obtain important information through formal grievance channels. Engagement with stakeholders on social media helps us understand their opinions and concerns locally around Stora Enso’s units, as well as on a divisional and group level.
Stora Enso acknowledges the concept of double-materiality in its sustainability strategies and reporting. The new sustainability framework highlights the materiality of climate change, biodiversity and circularity, which were also identified as the most material topics in the materiality assessment 2020.
During 2022, Stora Enso continued to reassess and revalidate the materiality of sustainability topics through direct engagement with stakeholders and incorporation of studies and science, such as the planetary boundaries.
Stora Enso actively cooperates with prioritised non-governmental organisations (NGOs) and industry associations. The Group is involved in developing industry practices related to climate change, the circular bioeconomy, sustainable forestry, human rights and business ethics, as well as in the development of sustainability reporting and assurance. Examples of
In 2022, Stora Enso actively collaborated with international organisations including 4evergreen, Climate Leadership Coalition, FIBS, Global Business Initiative on Human Rights (GBI), Science Based Targets initiative, The Ellen MacArthur Foundation, Accounting for Sustainability (A4S), Corporate Leaders Group (CLG ), The Forest Dialogue (TFD), Transparency International, UN Global Compact, We Mean Business Coalition, World Business Council for Sustainable Development (WBCSD), World Green Building Council and WWF.
More information on stakeholder engagement and materiality can be found in the Annual Report 2022.
