Thursday, 23 September 2010 09:15

Stora Enso selected for the FTSE4Good responsible investment index for the 10th year in a row

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Stora Enso has been included for the 10th consecutive year in the FTSE4Good Index Series, one of the most widely recognized indexes for socially responsible investments. Companies chosen for the FTSE4Good Index Series must meet stringent social, ethical and environmental criteria. The FTSE4Good index facilitates responsible investments by continuously measuring the performance of leading companies.                                                                     
The criteria used for the index cover environmental management, climate change, human rights, supply chain labour standards, and efforts to counter bribery. The criteria are regularly revised to ensure that they reflect the highest standards of responsible business practice.                                               

“For us, being listed in the FTSE4Good index for the 10th year running is a sign of real improvement. The index is uncompromising - if you stop improving, you risk dropping out,” says Stora Enso CEO Jouko Karvinen. “This fits well with the way we see corporate responsibility at Stora Enso. It is not something you accomplish once and then stop working on - it forms the core of everything we do, and we have to find ways to improve every day.”                             

The FTSE4Good index is revised twice a year, when companies receive information about whether they have been selected for the list. The index has been designed by FTSE with the support of UNICEF, and uses data provided by the Ethical Investment Research Service (EIRIS).                                            

About the FTSE Group                                                            
FTSE is an independent company jointly owned by The Financial Times and the London Stock Exchange. FTSE does not give financial advice to clients, which allows for the provision of truly objective market information. FTSE indexes are used extensively by a range of investors such as consultants, asset owners, fund managers, investment banks, stock exchanges and brokers.                        

Stora Enso's responsibility work has also been recently recognised by:          
                                           
The Dow Jones Sustainability Indexes are the first global indexes to track the financial performance of leading sustainability-driven companies. Companies are included in or deleted from the indexes based on their economic, environmental and social performance. The indexes provide investors with reliable and objective benchmarks to manage their sustainability portfolios.                 

The Ethisphere Institute's World's Most Ethical Companies for 2010 Stora Enso has also been named as one of the World's Most Ethical Companies for 2010 by the Ethisphere Institute. This research institute is a leading international think tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption work and sustainability.                                        

For further information, please contact:                                        

Heidi Puusa, Director, Group Identity and Sustainability Communications, tel.   
+358 2046 21309                                                                 

www.storaenso.com

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