Friday, 22 October 2010 09:00

Stora Enso the best Nordic company in the Carbon Disclosure Project

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Stora Enso is ranked the best Nordic company by the Carbon Disclosure Project (CDP) for its reporting on carbon emissions. The company received the highest scores in CDP's Carbon Disclosure Leadership Index (CDLI) that highlights companies with the most complete and professional approach to reporting on carbon management.

Stora Enso is also one of the five companies that are included in CDP's new  Carbon Performance Leadership Index (CPLI). This index complements the CDLI and features companies which have demonstrated commitment to their climate strategy, and most all, reduction in their carbon emissions.

“I am humbled by the recognition of Stora Enso as the best Nordic company on climate change disclosure. The inclusion of Stora Enso into the Carbon Performance Leadership Index together with four other companies, based on our actual carbon performance improvements will inspire us to continue on this important path,” says Jouko Karvinen, CEO.

The Carbon Disclosure Project's Nordic 200 report was launched today in Helsinki. The report ranks the 200 largest companies listed on the Nordic stock exchanges that have integrated climate change into a key part of their business strategies. The report is based on analysis of the companies' responses to CDP's 2010 questionnaire. Stora Enso has participated in the Carbon Disclosure Project since 2003.

About CDP
The Carbon Disclosure Project (CDP) is an independent non-profit organisation backed by over 534 institutional investors with a combined USD 64 trillion of assets under management. The CDP gathers information on corporations' greenhouse gas emissions, climate change related risks and opportunities, and sets standards for carbon disclosure methodology and processes. In 2010, over 3 000 corporations worldwide answered the CDP questionnaire.

For further information, please contact:
Eija Pitkänen, Head of Sustainability, Tel. +358 2046 21348
Heidi Puusa, Director, Group Identity and Sustainability Communications, Tel. +358 2046 21309

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