Stora Enso Oyj Class A · OMXHEX:STEAV
Stora Enso Oyj Class A — ESG Presentation (January 2022)
31 slides from Stora Enso Oyj Class A's sustainability presentation, Jan 28, 2022
Slide 1: Stora Enso ESG Investor presentation
Stora Enso ESG Investor presentation Q4 2021 28 January 2022
Slide 2: Disclaimer
Disclaimer It should be noted that certain statements herein which are not historical facts, including, without limitation those regarding expectations for market growth and developments; expectations for growth and profitability; and statements preceded by “believes”, “expects”, “anticipates”, “for
Slide 3: A dual challenge
• Needed: a balancing act of global wellbeing of the planet and A dual challenge people • Stora Enso can, and will, provide solutions that contribute to this balance • We need to consider what the world needs and focus our resources and innovation on what makes the biggest difference 3 28 January 20
Slide 4: We are a solution for consumers' new demands
We are a solution for consumers’ new demands Everything that’s made with fossil-based materials today can be made from a tree tomorrow Sustainable development is at the heart of our business strategy 4 28 January 2022 Stora Enso ESG investor presentation
Slide 5: Sustainable development goals - the roadmap to 2030
Sustainable development goals - the roadmap to 2030 guides our actions CO2 Circular Biodiversity Upgraded Science Based Target Products and value chains Expanding scope and actions • Aligned with a 1.5-degrees • Circular Design Guidelines by • Detailed action plan towards scenario 2025 2030 • Scope
Slide 6: Climate change
Climate change THE RENEWABLE MATERIALS COMPANY
Slide 7: Stora Enso's annual estimated climate impacts
Stora Enso’s annual estimated climate impacts Our forests Our products Our value Our products substitute Climate impact3 remove carbon1 store carbon chain emissions2 fossil-based products, saving −1.5 million tonnes of CO2 −2.6 million tonnes of CO2e +10.5 million tonnes of CO2e −17.9 million tonnes
Slide 8: Climate change – targets to reduce CO2 emissions by 50%
Climate change – targets to reduce CO2 emissions by 50% • Stora Enso has science-based targets to reduce its greenhouse gas (GHG) emissions • Our target is to reduce absolute scope 1 and 2* greenhouse gas (GHG) emissions from operations by 50% by 2030 from the 2019 base- year, in line with the 1.5-d
Slide 9: CO2 emissions down by 14% in 2021
CO2 emissions down by 14% in 2021 • Ambitious targets for our operations • Targets in line with 1.5-degree scenario • In FY2021, our greenhouse gas emissions (scope 1 and 2) were 14% lower compared to the 2019 base year level Q4 2021 Interim Report 9 28 January 2022 Stora Enso ESG investor presentat
Slide 10: Our products have a lower carbon footprint
Our products have a lower carbon footprint Carbon footprint CO2 emissions PureFiber™ has Fibre-based of lignin is of a CLT-frame 75% lower CO2 beverage carton around 80% building are 75% footprint has 45% lower ” lower than the lower compared compared to CO2 emissions carbon footprint to a concrete
Slide 11: Biodiversity
Biodiversity THE RENEWABLE MATERIALS COMPANY
Slide 12: Biodiversity – committed to achieve net-positive impact
Biodiversity – committed to achieve net-positive impact on biodiversity • Stora Enso commits to achieving a net-positive impact on biodiversity in its own forests and plantations by 2050 through active biodiversity management • A set of actions towards 2030 has been developed and initiated to improv
Slide 13: Sustainable forestry operations
Sustainable forestry operations 100% 87%* of our wood comes from comes from sustainable managed semi- sources natural forests 99% 78%* of lands owned proportion of and managed by third-party us are covered certified wood in by certification wood supply Sustainable forestry operations help safeguard
Slide 14: Biodiversity management practices in Nordic forests
Biodiversity management practices in Nordic forests Decaying wood High stumps Retention trees Forest structure Decaying wood During harvesting, Provide continuum of Variation in forest structure provides an important we make artificial decaying wood for forest helps to maintain species habitat for a
Slide 15: Biodiversity management practices in tree plantations
Biodiversity management practices in tree plantations Beekeeping Mosaic landscape Protection of improve local Plantations are designed to protect valuable ecosystems livelihoods, help valuable ecosystems and established Restoration Monitoring of such as remaining natural protecting the only on degra
Slide 16: We use indicators at landscapes, habitats and species level
We use indicators at landscapes, habitats and species level Landscape level: Cohesive green Habitat level: A variation of different habitats Species level: The occurrence and abundance infrastructures are needed to support with relevant structures are required for a thriving of species reflects biod
Slide 17: Group forest assets fair value increased to €8 billion
Group forest assets fair value increased to €8 billion equal to €10.10 per share in 2021 Group forest assets fair value Stora Enso productive forest land areas at end of 2021 € billion 8.0 Swedish forests Tornator (41%) 1,141,000 ha Finland, Estonia & 7.3 Romania 271,000 ha Veracel (50%) Guangxi, Ch
Slide 18: Circularity
Circularity THE RENEWABLE MATERIALS COMPANY
Slide 19: Circularity target to support climate change
Circularity target to support climate change • Our target is to achieve 100% recyclable products by 2030 • Flagship projects will help drive recycling at scale − This involves engagement along our value chain to help achieve additional recycling infrastructure and new circular business models • Our
Slide 20: Offering renewable and circular products
Offering renewable and circular products Efficient and Products with sustainable production a low footprint Sustainable forestry Circular design Renewability circle Seedlings Recycling circle Ecosystem Value to consumers services Value from and society CO2 absorption circularity 20 28 January 2022 S
Slide 21: What circularity means in packaging?
What circularity means in packaging? • Circularity means products that are optimised for recycling • We work together with our customers to find the best renewable and designed-for-circularity materials to replace fossil-based packaging • We innovate to create new high value end-uses for recycled fi
Slide 22: Responsible business practices
Responsible business practices
Slide 23: Our business impacts people
Our business impacts people The Stora Our Human Rights Policy Enso Code & Guidelines >100,000 >20,000 Supplier Code of Conduct forest owners suppliers Supplier assessments and audits communities >22,000 >10,000 Speak Up Hotline employees customers Community consultations Business Practice Policy Saf
Slide 24: Committed to ensure a safe and healthy workplace
Committed to ensure a safe and healthy workplace • The health and safety of Stora Enso’s employees is a key priority • Goal is to provide an accident free and inclusive workplace • TRI* rate in Q4 2021 was 5.5 − Group safety milestone (4.0) for 2021 was not reached − The areas for improvement are be
Slide 25: Sustainable sourcing – above target in 2021
Sustainable sourcing – above target in 2021 • We ensure that our suppliers are committed to high sustainability standards • Stora Enso has a rigorous supplier approval process − 96% of our supplier spend is covered by signed Supplier code of conduct, SCoC (Q4 2021), while target is 95% • We engage w
Slide 26: Community investment – engaging with local communities
Community investment – engaging with numerous local communities around the world • Our operations are often in rural communities that form an important stakeholder group • We strive to maximise our positive contribution through investments in − Capacity building, local sourcing, nature conservation,
Slide 27: Water – using natural resources with care
Water – using natural resources with care • Water availability is a global challenge and plays a central role in our production − We constantly strive to reduce its use • Almost 97%* of the water we withdraw from nature is released back to the environment − We ensure the water is purified and safe −
Slide 28: Sustainability in our funding and reporting
Sustainability in our funding and reporting Revolving Credit Facility Green Bond Framework Green Bonds with a green aspect Pricing incudes sustainability A loan-format to support Integrated sustainability component based on ability sustainability-focused fixed agenda to our funding by to reduce gree
Slide 29: EU Taxonomy is still in its early days
EU Taxonomy is still in its early days • Forest industry and its main products are largely out of the scope of the EU Taxonomy • Therefore, only a few relevant economic activity categories to report on − The most relevant categories for Stora Enso are forest management in its own forests, manufactur
Slide 30: Our leading performance in ESG is recognised
Our leading performance in ESG is recognised (ESG rating agencies in alphabetical order) • Climate A-*, Forest A- • ESG rating increased and Water B from AA to AAA (highest possible score) • Highest recognition level • ESG rating improved (Platinum) received from 19.6 to 18.0** out of 40.0 FTSE • ES
Slide 31: The Renewable Materials Company
THE RENEWABLE MATERIALS COMPANY