Stora Enso’s products are based on renewable materials with a relatively low carbon footprint. They help our customers and society at large to reduce carbon dioxide (CO2) emissions by providing alternatives to fossil-fuel based materials.
Opportunities and challenges
The European Union's (EU) Emissions Trading System (ETS) and the Paris Climate Conference (COP 21) in December 2015 are bringing additional opportunities and challenges to the forest industry in combatting global warming.
In 2015 Stora Enso defined a group-level carbon strategy framework for assessing and building on our current position, and we aim to expand on this strategy during 2016. Our current Statement on global warming
includes a target to reduce fossil CO2 emissions per saleable tonne of pulp, paper, and board by 35% by the end of 2025 from a 2006 baseline. The target is periodically adjusted to take into account the changing shape of Stora Enso.
Our Supplier Code of Conduct
and Practical Guide for Suppliers
give guidance on how CO2 emissions can be reduced in the supply chain.
How we work
The most effective ways for Stora Enso to reduce its direct fossil CO2 emissions are to further enhance our energy efficiency, and to keep increasing the use of biomass fuels. To support this work, our production units have adopted international third-party-certified systems such as the environmental management standard ISO 14001 and the energy management standard ISO 50001.
Stora Enso evaluates risks and opportunities related to global warming through the Enterprise Risk Management (ERM) process, which is an important part of our management approach. We also routinely calculate the financial impacts of potential cost increases in relation to emission allowances and energy prices.
Since 2007, our target has been to reduce our fossil CO2 emissions per saleable tonne of pulp, paper, and board by 35% from 2006 levels by the end of 2025, covering both direct and indirect emissions. In Q3 2016, we reached a 43% reduction compared to the 2006 benchmark level. The absolute direct and indirect fossil CO2 emissions from all our production units (including sawmills) decreased to 3.95 million tonnes in 2015.
Biogenic CO2 emissions are fossil-free emissions generated during the combustion of biomass-based fuels, and are considered carbon neutral when the biomass fuel comes from sustainably managed forests. Stora Enso’s operations use renewable biomass-based fuels to a large extent, so the share of biogenic CO2 emissions in our total emissions is high (76% in 2015).
Direct emissions from Stora Enso’s operations accounted for 21% of our carbon footprint in 2015, while emissions related to purchased energy accounted for 15%. The majority of the emissions in Stora Enso’s carbon footprint, 64%, were generated elsewhere along the value chain.
In 2015 Stora Enso was included for the sixth consecutive year in the Carbon Disclosure Project’s (CDP) Nordic Carbon Disclosure Leadership Index (CDLI) for group-level reporting on carbon emissions. Disclosures to CDP are rated on a scale of 0 to 100, and Stora Enso scored 99 in 2015.