DOCSLIB.ORG

Sustainability Report 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Sustainability Report 2018 Strategy Annual Report 2018 Sustainability Our sustainability work covers Part of Stora Enso’s Annual Report 2018 social, environmental, and economic responsibility throughout our operations, with human rights integrated Sustainability into everything we do. Financials Governance Contents Strategy Annual Report 2018 We are creating a renewable future Governance ......................................... 4 Strategy, governance, in the bioeconomy. and stakeholders .................................. 5 Our targets ............................................ 9 Adopting the SDGs ..............................10 Sustainability Human rights .......................................12 Economic agenda ............................ 55 Customers .......................................... 56 Suppliers ............................................. 60 Investors ............................................. 64 External recognition ........................... 66 Financials Social agenda ....................................16 Environmental agenda .................... 31 Data and assurance ......................... 67 Employees and wider workforce.........17 Materials, water, and energy .............. 32 Reporting scope ................................. 68 Community ......................................... 22 Carbon dioxide ................................... 42 Data by production unit ...................... 69 Business ethics .................................. 27 Forests, plantations, and land use ..... 49 Auditor’s assurance report ................. 72 The report contents have been assured by an independent third-party assurance provider with a level of Limited Assurance. A level of Reasonable Assurance has been provided for Governance our direct and indirect fossil CO2e emissions. The GRI index is available at storaenso.com/gri2018 2 Stora Enso 2018: Sustainability Strategy Annual Report 2018 Our year 2018 – Our year 2018 Sustainability Governance Strategy, governance, and stakeholders Our targets Sustainability Adopting the SDGs Minimising waste Combatting Enhancing safety The utilisation rate for global warming performance Human rights our process residuals Our CO2e emissions Compared to 2017, and waste was 98%. were 18% lower than a 18% reduction was the 2010 base-year level. achieved on our TRI rate. Social agenda Employees and wider workforce Community Business ethics @storaenso October 11 @storaenso December 18 Environmental agenda Stora Enso has been top-ranked Stora Enso recognises the urgency to for gender balance and gender #StepUpNow and supports ambitious Materials, water, and energy #equality by @equileap, ranking at #EU2050 targets to combat global warming. Carbon dioxide 12 out of 200 top companies globally. #COP24 http://stepupnow.eu/ Financials Forests, plantations, and land use @StepUpNowEU Economic agenda Customers Suppliers Investors Data and assurance Reporting scope Data by production unit A single set of values Sustainable forestry Responsible sourcing Our code of conduct was 96% of the lands we We began using Auditor’s assurance report Governance renewed and rebranded own or manage were sustainability criteria in as the Stora Enso Code. covered by forest the tender phase of each GRI Index certification schemes. sourcing process. 3 Stora Enso 2018: Sustainability Strategy Annual Report 2018 Human rights In 2018, we defined our eight highest priority human rights. – Our year 2018 Sustainability Governance @storaenso December 4 @storaensoworld January 15 Strategy, governance, and stakeholders Here’s our secret revealed: Improving energy efficiency can mean Our targets Stora Enso and startup Sulapac have either process changes or developing the Sustainability Adopting the SDGs joined forces to develop renewable systems for better monitor and control. and biodegradable straws. These are some essential tools for that work. Human rights Read more: http://fal.cn/Sepa #storaensoworld #storaenso#papermaking #energyefficiency Social agenda Employees and wider workforce Community Business ethics Environmental agenda Materials, water, and energy New products to replace External recognition Leadership Carbon dioxide fossil-based plastic We received several performance Financials Forests, plantations, and land use Our innovative products, recognitions including The Leadership Index, such as the DuraSenseTM top-ranking in greenhouse measuring our employees’ and LineoTM by Stora Enso gas management and perceptions of their Economic agenda are a step towards replacing performance by the Transition managers, improved to Customers fossil-based products. Pathway Initiative (TPI). 83/100, surpassing our target. Suppliers @storaensoworld August 22 Investors Management commitment is essential in all safety work, and last week Marie Morin was appointed mill manager. The picture when she one early Data and assurance @storaenso May 22 winter morning stood at the gate discussing safety issues with contractors makes me happy, because cooperation and commitment from her is Reporting scope Beetles have an important role in the ecosystem as important to my daily work and to our aim towards a safer mill. As the first Data by production unit Community investments decomposers. Leaving behind enough decaying wood female mill manager in Skoghall I hope she will continue to motivate and 25% of our voluntary during harvesting is vital for forest biodiversity – and inspire just by being herself and sharing her drive and engagement with all Auditor’s assurance report Governance contribution to communities a top priority to Stora Enso. #BiologicalDiversityDay of us #storaensosverige #storaensoworld #skoghall #management #chef around our operations #Biodiversity https://goo.gl/8zfwsz #skoghallsbruk #safety #contractorsafety #hammarö #storaenso GRI Index support education. 4 Stora Enso 2018: Sustainability Strategy Annual Report 2018 Governance Our sustainability agenda covers social, Governance – Sustainability environmental, and economic responsibility. Governance Strategy, governance, and stakeholders 5 Strategy, governance, and stakeholders Our targets 9 Our targets Sustainability Adopting the SDGs Adopting the SDGs 10 Human rights Human rights 12 Social agenda Employees and wider workforce Community Business ethics Environmental agenda Materials, water, and energy Carbon dioxide Financials Forests, plantations, and land use Economic agenda Customers Suppliers Investors Data and assurance Reporting scope Data by production unit Auditor’s assurance report Governance GRI Index 5 Stora Enso 2018: Sustainability Strategy Stora Enso’s strategy for transformation is about sustainable Annual Report 2018 Strategy, governance, profitable growth based on customer insight and innovation, supported by structured processes and motivated employees. Inherent in our strategy, we work to support customers to meet and stakeholders consumers’ demand for sustainable products based on renewable materials. Our Sustainability Agenda encompasses the social, Global megatrends drive the world’s demand for renewable materials. We have environmental, and economic responsibility of our operations throughout the value chain. The agenda is based on the Triple an important role to play in the transition to a fossil-free, more sustainable world. Bottom Line framework widely used in corporate responsibility – Governance – Strategy, governance, and stakeholders Sustainability work. It addresses the ten sustainability topics identified as material to Stora Enso and our key stakeholders: Employees and wider workforce; Community; Business ethics; Materials, water, and energy; Governance Carbon dioxide; Forests, plantations, and land use; Customers; Strategy, governance, and stakeholders Suppliers; and Investors. Respect for human rights is considered to be so integral to our long-term success that it is an overarching theme of Sustainability Our targets our Sustainability Agenda. Adopting the SDGs In line with our Sustainability Agenda, we have set ambitious targets and defined key performance indicators (KPIs) for our Human rights sustainability work. Progress is regularly monitored at Group level and quarterly via division-level business reviews. Consolidated results on our sustainability performance are reported annually in Social agenda the Sustainability report. Selected sustainability indicators are also Employees and wider workforce reported quarterly in our Interim Reports. Stora Enso acknowledges the importance of the United Nations Community Sustainable Development Goals as part of a commonly agreed global Business ethics ambition to end poverty, protect our planet, and ensure prosperity for all. Read more about our approach to the SDGs on page 10–11. Environmental agenda Structured sustainability processes Our Sustainability Policy describes our overall approach to Materials, water, and energy sustainability. At the same time, our code of conduct – the Stora Enso Carbon dioxide Code – and other policies and guidelines on specific sustainability topics further elaborate our approach, while also guiding our Financials Forests, plantations, and land use employees in their everyday work. These documents are available at storaenso.com/sustainability. Following a comprehensive review of the company’s existing sustainability policies and guidelines in Economic agenda 2016, Stora Enso introduced a revised Sustainability Policy as well Customers as revised policies and guidelines steering our environmental work in 2017. In 2018, we published our Human Rights Policy, which replaced Suppliers
Load more

Recommended publications
  • The World´S Largest Biofuel CHP Plant Alholmens Kraft, Pietarsaari
    OPET Finland ENERGIE The world´s largest biofuel CHP plant Alholmens Kraft, Pietarsaari § exploitation of pulp and paper mill and saw Project background mill by-products as fuel Pietarsaari, founded in 1652, is located on the § optimisation of the plant size and process Swedish-speaking west coast of Finland. The parameters total area is 93 km2 and there are 19 600 § sufficient fuel resources within economical inhabitant living in Pietarsaari. 56% of the transportation distance working population are employed by service The main innovation sector, 1% by forestry and agriculture and 40% by the industry, the biggest employer being the Alholmens Kraft Ltd builds the worlds largest pulp and paper mill of UPM-Kymmene. biofuelled power plant and the CFB boiler one of the biggest. The plant is an industrial CHP During the last years the utilisation of biofuels plant producing steam for forest industry and as on large scale has been focused on forest a utility producing district heat for the industry sites where large amounts of biomass is municipality. The wood fuel procurement available. system is also innovative and based on bailing the forest residues. Alholmens Kraft Ltd aims to When the planning of Alholmens Kraft new use annually 300 000 bales of forest residues. power plant (AK2) was started, the most important objectives were: Project description § electricity production with competitive Alholmens Kraft power plant introduces the price “best-practise” biomass/fossil fuel cofired § exploitation of process steam in the paper power plant concept with extremely diverse fuel mill and in town’s district heating selection – suitable to be replication almost anywhere in Europe.
    [Show full text]
  • Service D'information Sur L'energie Rapport Annuel D'activité 1989
    Service d'Information sur l'Energie Rapport annuel d'activité 1989 Convention AFME/BRGM n° 9-070009 F. JAUDIN Avril 1990 R 30831 SP SGN 90 BUREAU DE RECHERCHES GEOLOGIQUES ET MINIERES Service d'Information sur l'Energie B.P. 6009 - 45060 Orléans Cedex 02 - France Tél. : (33) 38.64.34.34 SOMMAIRE RESUME DE L'ACTIVITE 1989 4 I - REVUE RESEAUX & CHALEUR 7 1.1. - La rédaction 7 1.1.1. - La recherche d'articles et d'informations 7 1.1.2. - Rédaction et contrôle 7 1.2. - Fabrication 8 1.3. - Dépôt légal 8 1.4. - Diffusion de la revue 8 1.4.1. - Recherche d'abonnés 8 1.4.2. - Gestion des abonnements - Routage 8 1.4.3. - Les échanges 9 1.4.4. - Diffusion gratuite 9 1.5. - Publicité 9 II - DOCUMENTATION TECHNIQUE RESEAUX DE CHALEUR 10 III - JIGASTOCK 88 - EDITION DU TROISIEME TOME 11 IV - SECRETARIAT DU COMITE DE GEOTHERMIE ET DES GROUPES DE TRAVAIL 12 V - POMPES A CHALEUR - MAINTENANCE DES FORAGES 13 V.l. _ Activité AQUAPAC 13 V.2. - Travaux d'inventaires des ressources exploitables par PAC 14 V.3. - Maintenance des forages 14 LISTE DES ANNEXES REVUE RESEAUX & CHALEUR Sommaire des quatre numéros parus en 1989 Liste des abonnés payants 1989 Liste des échanges avec des revues en 1989 Liste de diffusion gratuite 1989 Récapitulatif des insertions publicitaires JIGASTOCK 88 - EDITION DU TROISIEME TOME Table des matières Liste des participants par pays POMPES A CHALEUR Tableaux récapitulatifs de suivis trimestriels des opérations bénéficiant des garanties AQUAPAC Rapport annuel d'activité 1989 Service d'Information sur l'Energie Résumé de l'activité 1989 L'activité du SIE en 1989 a concerné essentiellement : • la revue RESEAUX & CHALEUR et la documentation technique associée, • le suivi des travaux de géothermie, à travers la réalisation du bulletin Géothermie Infos et le secrétariat du Comité Géothermie, • la maintenance des forages utilisés pour les pompes à chaleur et leur productivité, à travers les travaux et réalisations menés dans différents services régionaux, • la réalisation du troisième tome du colloque JIGASTOCK 88.
    [Show full text]
  • SUSTAINABILITY STORA ENSO 2006 Feedback on Sustainability 2006 Report
    STORA ENSO 2006 SUSTAINABILITY Feedback on Sustainability 2006 report Please, fi ll in the feedback form and give your comments about the Sustainability 2006 report. Alternatively, you can fi ll in the form online at www.storaenso.com/sustainability/feedback 1. In your opinion, how well does the report address the following issues? Stora Enso’s approach to sustainability Stakeholder engagement Stora Enso’s sustainability targets and performance Issues regarding raw material sourcing Sustainability aspects in wood procurement Climate change Economic aspects of sustainability Occupational health and safety Employee well-being Product and customer-related sustainability issues Scale: 5 = Extensively 4 = Well 3 = Adequately 2 = Poorly 1 = Don’t know Stora Enso Oyj 2. Please, rate how strongly you agree with the following P.O. Box 309 statements: FI-00101 Helsinki, Finland Visiting address: Kanavaranta 1 The structure of the report is clear. Tel. +358 2046 131 The content covers the most relevant Fax +358 2046 21471 sustainability issues to Stora Enso. Sustainability The content is well balanced between Stora Enso AB different sections. P.O. Box 70395 The content is credible. SE-107 24 Stockholm, Sweden Visiting address: World Trade Center, The content is understandable. Klarabergsviadukten 70 Scale: 5 = Strongly agree 4 = Agree 3 = Neutral 2 = Disagree 1 = Strongly disagree Tel. +46 1046 46000 Fax +46 8 10 60 20 3. After reading the report, how has your opinion of Stora Enso changed? Stora Enso International Offi ce 9 South Street Positively London W1K 2XA, UK No change Tel. +44 20 7016 3100 Negatively Fax +44 20 7016 3200 www.storaenso.com 4.
    [Show full text]
  • Pohjolan Voima's Objectives for Carbon Neutrality Is for 99% of Its
    Press Release 1 (2) 31 March 2021 Pohjolan Voima’s objectives for carbon neutrality is for 99% of its electricity production and 85 % of heat production to be carbon neutral 96% of Pohjolan Voima’s electricity production is already CO2 neutral, and the responsibility goals set for 2020 were even exceeded. Pohjolan Voima has now set ambitious objectives: it wants electricity production to be 99% carbon neutral, and heat production 85% carbon neutral in 2025. Pohjolan Voima’s share of the electricity produced in Finland is nearly 20%. According to the latest annual report, 96% of Pohjolan Voima’s electricity production is already CO2 neutral. The company has been able to reduce CO2 emissions by decreasing the combustion of coal and peat. The stack of the last coalfired power plant was demolished in Kristiinankaupunki in the autumn of 2020, and thermal power plants decreased the use of peat more than planned, based on market terms. In 2021, Pohjolan Voima has reduced the use of peat by 20% compared with the level of 2019. A good year for hydropower also contributed to achieving the set targets. Electricity production forms in Pohjolan Voima’s portfolio that are considered completely carbon neutral are hydropower and nuclear power, as well as electricity produced with wood-based fuels and recycled biofuels in thermal power plants. Carbon neutrality targets set for 2025 Ambitious climate targets served as the starting point of Pohjolan Voima’s updated responsibility programme. The bar has been further raised. Pohjolan Voima’s objective for 2025 is that 99% if its electricity production and 85% of its heat production will be carbon neutral.
    [Show full text]
  • Finland: Inventory of Estimated Budgetary Support and Tax Expenditures for Fossil-Fuels
    FINLAND: INVENTORY OF ESTIMATED BUDGETARY SUPPORT AND TAX EXPENDITURES FOR FOSSIL-FUELS Energy resources and market structure In 2010, about 55% of Finland’s total primary energy supply (TPES) came from fossil fuels, with petroleum accounting for 25%, followed by coal and peat (19%), and natural gas (10%).The share of renewable energy stood at 25% (wood comprised 20% and hydropower 3%). Nuclear energy also plays an important role, accounting for a further 17% of TPES. Other energy sources and imported electricity make up the rest. Around 70% of Finland’s energy needs is imported, mostly from neighbouring Russia. Energy intensity and energy consumption per capita in Finland are both very high due to the country’s relatively large heavy industry and its proximity to the Arctic Circle. Finland has no known resources of coal, crude oil or natural gas. It is, however, endowed with very large resources of peat, since about a third of all Finnish surface area is covered with swamps and wetlands. Of its 9.3 million hectares of peat lands, 1.1 million hectares are protected and 0.06 million hectares are currently being harvested for peat. Technically and economically harvestable peat resources have been estimated at about 12 800 TWh (1 100 Mtoe), which is about 400 times more than Finland’s total annual primary energy consumption. Peat provides a significant part of Finland’s energy: it covers between 5% and 8% of the country’s electricity consumption (4 to 7 TWh per year), depending on the year, and over 20% of its district heat consumption.
    [Show full text]
  • Horse Stable Residues Derived Biochar Characterization
    POLITECNICO DI TORINO Corso di Laurea Magistrale in Ingegneria Energetica e Nucleare Tesi di Laurea Magistrale Thermochemical valorisation of waste biomass through pyrolytic conversion: Horse stable residues derived biochar characterization Relatori: Prof. Massimo Santarelli Prof. Olli Dahl Ing. Stefano Caro Candidato: Matteo Ulivi Luglio 2018 I Index Index ..................................................................................................................................... II List of Figures ....................................................................................................................... V List of Abbreviation ........................................................................................................... VII List of Tables .......................................................................................................................IX Abstract ................................................................................................................................XI Acknowledgements ............................................................................................................ XII 1. Introduction ............................................................................................................... - 1 - 2. Literature review ....................................................................................................... - 3 - 2.1 Biochar .............................................................................................................
    [Show full text]
  • Finland 2007 Review INTERNATIONAL ENERGY AGENCY Energy Policies of IEA Countries
    INTERNATIONAL ENERGY AGENCY Energy Policies of IEA Countries Please note that this PDF is subject to specific restrictions that limit its use and distribution. The terms and conditions are available online at www.iea.org/Textbase/about/copyright.asp FINLAND 2007 Review INTERNATIONAL ENERGY AGENCY Energy Policies of IEA Countries FINLAND 2007 Review Energy Policies Faced with considerable challenges related to its geography and size, Finland’s Energy Policies of of IEA Countries sound energy policies do much to overcome its situation. The country leverages its small market where it can – such as by adopting or harmonising with EU directives and policies. To counter its relative isolation, Finland strengthened its position by becoming part of the larger Nordic electricity market and enhancing energy linkages. At the core, however, the country ensures energy security by relying on transparency and sound market signals to investors and customers, as well as by making good use of domestic sources of biomass and nuclear. As Finland continues to refine and enhance its energy policy, there are some FINLAND areas that warrant special attention. As nearly all fossil fuels are imported and all natural gas comes through a single interconnection, the government should continue to explore ways to diversify import sources and routes. The new nuclear power plant currently being built – the first in a liberalised market – will help safeguard energy security, though the construction delays necessitate continued monitoring. Subsidies for peat, a fuel in abundance in Finland, should be reconsidered, as they are unlikely to enhance energy security. On the other hand, the government should continue to explore ways to expand new renewables, building on the current stock of biomass and hydro.
    [Show full text]
  • The Biofore Company
    The Biofore Company YEAR OF PROGRESS ANNUAL REPORT 2014 CONTENTS Contents UPM Group 1 UPM in brief 3 Review by the President and CEO 5 Strategy 11 UPM as an investment 13 Financial targets and earnings sensitivities 14 Risk management Businesses 15 UPM Biorefining 19 UPM Energy 21 UPM Raflatac 23 UPM Paper Asia 25 UPM Paper ENA 27 UPM Plywood 29 Innovations and R&D Stakeholders 31 Creating added value through stakeholder engagement 35 UPM’s tax policy promotes compliance, risk management, transparency and efficiency 37 Continuous collaboration with customers 39 Suppliers are an integral part of UPM value creation 41 People enable company transformation 44 Significant change in UPM’s safety culture Responsibility 45 Responsibility supports business development 49 Taking care of the entire lifecycle 50 Yesterday’s waste is today’s raw material 51 Energy efficiency improved and climate actions recognised 53 UPM ensures that all wood and wood fibre is sustainably sourced 54 Responsible use of water 55 UPM’s material balance 2014 57 GRI content index 59 Independent assurance report Corporate governance 60 Corporate governance 65 Board of Directors 67 Group Executive Team Accounts for 2014 69 Contents 137 Key financial information 2005–2014 139 Additional responsibility information 141 UPM businesses on a world map 144 Addresses 146 Annual General Meeting VISION PURPOSE VALUES UPM – The Biofore Company As the frontrunner of the new forest industry We create value from renewable and Trust and be trusted UPM leads the integration of bio and forest industries recyclable materials by combining Achieve together into a new, sustainable and innovation-driven future.
    [Show full text]
  • Joint Resources Bring Well-Being to All
    Joint resources bring well-being to all The year 2012 of Pohjolan Voima was about renewal and a large number of changes. In accordance with the strategy, we continued to develop the corporate structure, improve the efficiency of business and support functions, improve the production plants, and conduct our massive investments in carbon-free production. In this way, we can better tackle the challenges brought about by the continuously uncertain financial situation and changes in the operating environment. The share of carbon-free electricity production exceeded 80% Since the turn of the millennium, Pohjolan Voima has invested a total of 4 million euros in carbon-free production capacity. About 1.5 million euros of this has been directed at renewable energy sources. The share of our carbon-free production exceeded 80% in 2012. The renovation scheme for hydropower continued through the replacement of the Pahkajoki power plant's secondary machinery in Iijoki. This improved the unit's utilisation rate and increased the production volume. The challenge for hydropower continues to be that the large volume of water during the flood season has to be routed past the units because there are no reserve basins. In Iijoki, about 20% of the water was routed past the power plants in 2012. The thermal power bioenergy scheme continued in 2012 and the fifteenth power plant using Pohjolan Voima's bioenergy was completed in Hämeenkyrö. Vaskiluodon Voima (a partnership company of ours) in Vaasa continued the construction of the world's first power plant-size bio carburettor where a significant part of the coal used as the fuel is replaced with wood chips.
    [Show full text]
  • Bioenergy from Finnish Forests: Sustainable, Efficient, Modern Use
    BIOENERGY FROM FINNISH FORESTS Sustainable, efficient, modern use of wood Copyright © IRENA, VTT and MEAE 2018 Unless otherwise stated, material in this publication may be freely used, shared, copied, reproduced, printed and/or stored, provided that appropriate acknowledgement is given of IRENA, VTT Technical Research Centre of Finland Ltd and the Ministry of Economic Affairs and Employment of Finland (MEAE) as the joint sources and copyright holders. Material in this publication that is attributed to third parties may be subject to separate terms of use and restrictions, and appropriate permissions from these third parties may need to be secured before any use of such material. ISBN 978-92-9260-012-9 Citation: IRENA (2018), Bioenergy from Finnish forests: Sustainable, efficient and modern use of wood, International Renewable Energy Agency, Abu Dhabi. About IRENA The International Renewable Energy Agency (IRENA) is an intergovernmental organisation that supports countries in their transition to a sustainable energy future and serves as the principal platform for international co-operation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy. IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy, in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity. www.irena.org About VTT VTT Technical Research Centre of Finland Ltd is a state owned and controlled non-profit limited liability company established by law and operating under the ownership steering of the Finnish Ministry of Economic Affairs and Employment.
    [Show full text]
  • We Create a Future Beyond Fossils Annual Report 2020 Responsible Solutions
    WE CREATE A FUTURE BEYOND FOSSILS ANNUAL REPORT 2020 RESPONSIBLE SOLUTIONS Mitigating climate change requires swift action. One key step is to reduce the use of fossil raw materials. We at UPM are doing meaningful work as we create a future beyond fossils. Forests are part of the solution. Wood is a renewable raw material that can be used for various purposes from packaging to biochemicals. Wood also binds carbon as it grows. We ensure that we always grow more forest than we harvest. We are committed to the UN’s 1.5 °C degree climate target and to science-based measures to mitigate climate change. With our renewable, low-carbon solutions, we also enable our customers and consumers to make more sustainable choices. Where there’s action, there’s hope. ° CONTENTS BEYOND FOSSILS STRATEGY BUSINESSES 6 10 12 24 38 CEO REVIEW KEY FIGURES AND We are well positioned to grasp HIGHLIGHTS the opportunities that Our focus is to ensure the bioeconomy offers for value performance of all our creation and business growth. operations. GLOBAL MEGATRENDS DRIVE 14 BIOFORE STRATEGY 26 THE BIOFORE COMPANY 40 DEMAND ENSURING PERFORMANCE 28 UPM BIOREFINING 42 TOWARDS A FUTURE BEYOND 16 FOSSILS SPEARHEADS FOR GROWTH 30 UPM ENERGY 48 INNOVATING FOR THE FUTURE 32 UPM RAFLATAC 50 FROM FOREST TO SUSTAINABLE 18 30 PRODUCTS VALUE FROM RESPONSIBILITY 34 UPM SPECIALTY PAPERS 52 TRANSFORMATIVE CREATING SHAREHOLDER VALUE​​ 20 RISKS AND OPPORTUNITIES 36 UPM COMMUNICATION PAPERS 54 GROWTH PROJECTS OUR RESPONSIBILITY TARGETS 22 UPM PLYWOOD 56 FOR 2030 PROCEEDED UPM BIOCHEMICALS 58 Our pulp project in Uruguay UPM BIOMEDICALS 60 and biochemicals project in UPM BIOCOMPOSITES 61 Germany are on budget and well on track with the planned ACTIONS FOR FUTURE GROWTH 62 start-up timeline.
    [Show full text]
  • Stora Enso Sustainability Report 2017 1
    Sustainability Report Part of Stora Enso’s Annual Report 2017 Everything made with fossil-based materials today can be made from a tree tomorrow. Part of the bioeconomy, Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions, and paper globally. Our materials are renewable, reusable, and recyclable, and form the building blocks for a range of innovative solutions that can help replace products based on fossil fuels and other non-renewable materials. We employ some 26 000 people and our shares are listed on the Helsinki (STEAV, STERV) and Stockholm (STE A, STE R) stock exchanges. Stora Enso’s Annual Report 2017 consists of four reports: Progress Book, Sustainability Report, Financial Report, and Corporate Governance Report. The Progress Book explains The Sustainability Report Stora Enso’s strategy, how we covers Stora Enso’s social, create value, and how our work environmental, and economic is progressing. sustainability performance. The Corporate The Financial Report consists of the Governance Report report of the Board of Directors and covers Stora Enso’s governance the financial statements, Stora Enso in policy, practices, and actions as capital markets, and our tax footprint. well as remuneration in 2017. You can find the highlights of the year and the online Financial Report at storaenso.com/annualreport, where all reports can be downloaded. Progress Book Financial Report Corporate Governance GRI index Stora Enso Sustainability Report 2017 1 Governance Social Contents agenda We are creating Environmental Governance . 3 agenda a renewable future Strategy, governance, and stakeholders . 4 Economic Our targets . 8 agenda in the bioeconomy .
    [Show full text]