Stora Enso Oyj 2023 AR2

The report highlights Stora Enso's strategic progress in 2023, focusing on its core growth segments of renewable packaging, sustainable building solutions, and biomaterials innovations. Key developments included the acquisition of De Jong Packaging Group to expand its Western European footprint, the discontinuation of the Paper division, and a commitment to achieve net-zero carbon emissions by 2040 by signing The Climate Pledge. To improve long-term competitiveness and profitability under challenging market conditions, the company initiated a major restructuring programme, resulting in site closures and a reduction of approximately 1,150 employees. Additionally, the company advanced its sustainability targets, achieving a 41% reduction in Scope 1 and 2 emissions and a 34% reduction in Scope 3 emissions compared to the 2019 baseline.

Company: Stora Enso Oyj

Sector: Materials

Country: Finland

Year: 2023

Type: AR2

Pages: 212

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Stora Enso Oyj

Stora Enso Oyj 2023 Annual Report

Annual Report

The report highlights Stora Enso's strategic progress in 2023, focusing on its core growth segments of renewable packaging, sustainable building solutions, and biomaterials innovations. Key developments included the acquisition of De Jong Packaging Group to expand its Western European footprint, the discontinuation of the Paper division, and a commitment to achieve net-zero carbon emissions by 2040 by signing The Climate Pledge. To improve long-term competitiveness and profitability under challenging market conditions, the company initiated a major restructuring programme, resulting in site closures and a reduction of approximately 1,150 employees. Additionally, the company advanced its sustainability targets, achieving a 41% reduction in Scope 1 and 2 emissions and a 34% reduction in Scope 3 emissions compared to the 2019 baseline.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees