Stora Enso receives highest rating for sustainability communications

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Stora Enso receives highest rating for sustainability communications

September 25, 2019 - 08:07
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HELSINKI, Sept. 25, 2019 (Press Release) -Stora Enso has received the highest rating for sustainability communications in a study assessing 95 companies listed on the Nasdaq OMX Stockholm Large Cap Index in Sweden. The study is conducted with the aim to explore and measure publicly available sustainability communication, as it has been recognized that companies play a key role in enhancing sustainable development. The report is commissioned by the Mistra Center for Sustainable Markets (MISUM) at the Stockholm School of Economics.

The companies included in the study named “Walking the Talk” are rated based on what they say that they will do (“talk”), and what they say that they have done (“walk”) with regards to Sustainability/Corporate Responsibility. Stora Enso achieved the highest total score of 37/40 as one of two companies and received the highest possible score of 20/20 within the “talk” category. In the “walk” category, Stora Enso achieved the high rating of 17/20.

“We are proud that our efforts in transparent communications have been acknowledged.  As a sustainability driven company, we value this recognition highly”, says Ulrika Lilja, EVP Communications. “It is very rewarding to receive a strong rating in something that is high on our Group’s agenda and that we allocate a lot of time and resources to,” adds Noel Morrin, EVP Sustainability at Stora Enso.

In addition to the MISUM report, Stora Enso’s Annual report 2018 including the Sustainability report, has been top-ranked by ReportWatch. Our report got the highest A+ ranking among more than 300 reports globally. The report was, amongst other things, praised for its well-written and compelling content that is both comprehensive and understandable.

Part of the bioeconomy, Stora Enso is a leading global provider of renewable solutions in packaging, biomaterials, wooden constructions and paper. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has some 26 000 employees in over 30 countries. Our sales in 2018 were EUR 10.5 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY).