Stora Enso Sets 2030 Sustainability Targets
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Stora Enso’s goal is to offer 100 percent regenerative products and solutions by 2050. By adopting a regen- erative stance, Stora Enso is shifting its sustainability goals from minimizing negative environmental impact to becoming a net positive contributor within the de- fined focus areas of climate, circularity and biodiversi- ty by 2050. Being regenerative means providing renewable and fully circular products and solutions that help reduce climate impact and support biodiversity restoration. Stora Enso is also committing to new 2030 targets for its key sustainability priorities: climate change, biodi- versity and circularity. With its updated science-based targets, Stora Enso has committed to reducing absolute scope 1 and 22 greenhouse gas (GHG) emissions from operations by 50 percent by 2030 from the 2019 base-year, aligned with the 1.5-degree scenario. Stora Enso also com- mits to a target to reduce scope 32 GHG emissions by 50 percent by 2030 from the 2019 base-year. The science-based targets have been approved by the Sci- ence Based Targets initiative, a partnership between CDP, the United Nations Global Compact (UNGC), the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). Net Positive As part of its new ambition, Stora Enso has commit- ted to achieving a net-positive impact on biodiversity in its own forests and plantations by 2050 through ac- tive biodiversity management.A set of actions toward 2030 has been developed and initiated to improve bio- diversity on species, habitat and landscape levels. “Stora Enso uses its own forest in Sweden as a devel- opment platform for enhancing biodiversity,” said Jari Suominen, Executive Vice President, Forest Division at Stora Enso. “We will, for example, increase the share of broad-leaved trees and the amount of dead wood. Continuous cover forestry will be tested to evaluate its impact on biodiversity and forest growth in areas suitable for this method. Furthermore, Stora Enso will unify and expand performance evaluations that assess the quality of our work in Finland, Sweden, Russia and the Baltics in order to enhance biodiversity.” Stora Enso’s work will be supported by a sci- ence-based monitoring program and more than 15 in- dicators tracking progress on the species, habitat and landscape levels. During 2022 Stora Enso will start to share data on its progress through a new online re- porting tool and support forest owners with enhanced biodiversity services. As a global renewable materials
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