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Internal audit and auditors

​​​Stora Enso has a separate internal audit organisation. The role of Internal Audit is to provide independent, objective assurance and consulting services that add value and improve the Group’s operations. Internal Audit helps the Group to accomplish its objectives by providing a systematic, disciplined approach to evaluate and improve the effectiveness of internal control, risk management and governance processes.
To ensure the independence of the Internal Audit department, its personnel report to the head of Internal Audit, who reports functionally to the Financial and Audit Committee and CEO, and administratively to the CFO. The head of Internal Audit is appointed by the CEO. The CEO shall seek approval of the appointment from the Financial and Audit Committee.
Internal Audit conducts regular audits at mills, subsidiaries and other Company units, implementing an annual audit plan approved by the Financial and Audit Committee, including any special tasks or projects requested by management and the Financial and Audit Committee.​

Auditors ​
The shareholders at the AGM annually elect one auditor for Stora Enso. The Financial and Audit Committee monitors the auditor selection process and gives its recommendation as to who should serve as auditor to the Board and to the shareholders at the AGM. The auditor shall be an authorised public accounting firm, which appoints the responsible auditor.
Deloitte & Touche Oy (Deloitte) has been acting as Stora Enso's auditor since 2008. At the 2016 Annual General Meeting Deloitte was re-elected as auditor for a term of office expiring at the end of the Annual General Meeting in 2017.
Remuneration in 2015
  • Audit fees EUR 4.0 million
  • Other fees EUR 1.0 million​