In 2019 Stora Enso increased its forest holdings

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In 2019 Stora Enso increased its forest holdings

August 23, 2019 - 06:01
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Sustainable forest and plantation management is essential for securing long-term availability of wood - the forest products industry’s most important renewable raw material. As trees take many years or decades to mature, long-term forestry planning is essential.

Stora Enso has biological assets in Sweden, Finland, Brazil, Uruguay, China and Laos through its own subsidiaries, joint operations and indirectly through equity accounted investments. The biological assets consist of standing trees to be used as raw material in pulp and mechanical wood production and as biofuels. At the end of 2018, the fair value of Stora Enso’s biological assets, including indirect share of forest assets through equity accounted investments, totalled EUR 3.3 billion.

In 2019 Stora Enso increased its forest holdings in Sweden from indirect share of 936,000 hectares to direct ownership of 1.15 million hectares of productive forest land. The direct ownership of forests gives the company better opportunities to further develop sustainable forest management. Well-managed forests and plantations can make entire ecosystems more resilient to negative impacts, and even benefit from the positive effects.