Stora Enso has been selected for inclusion in the United Nations Global Compact 100, a new global stock index that combines corporate sustainability and financial performance.
"Our company has been committed to the Global Compact's ten principles for more than ten years now, and we are delighted to be included in the new GC 100 index," says Lauri Peltola, Stora Enso EVP Global Identity. "UN Global Compact provides an important global platform for companies committed to corporate sustainability and the GC 100 index is a welcome addition."
Developed and released by the UN Global Compact in partnership with research firm Sustainalytics, the GC 100 is composed of a representative group of Global Compact companies selected on the basis of their adherence to the Global Compact's ten principles as well as evidence of executive leadership commitment and consistent baseline profitability.
The GC 100 tracked the stock market performance of these companies during the past three years, comparing the results against a broad market benchmark, the FTSE All World Index.