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Stora Enso Oyj

Mon, 2010-03-29 21:46 — superadmin
Region: 
Private: 
Public: 
Ticker: 
STERV FH
Market cap: 
$5,637 million
Country of incorporation: 
Finland
Industry: 
Industrials
Description: 

Stora Enso Oyj is an integrated, paper, packaging, and forest products company. The Company produces publication and fine papers, packaging boards, and wood products. Stora Enso operates in more than 40 countries around the world. Stora Enso sells its pr1.

  1. 1. google company description
Positive Impact – Doing: 

1. Sustainable forestry - has traceability systems in place to document the origin of the wood used in the Group's mills, in order to guarantee that the wood used in Stora Enso's products is in compliance with Stora Enso's sustainability principles1.

  1. 1. http://www.storaenso.com/wood-forest/sustainable-forestry/Pages/sustainable-forestry.aspx
Positive Impact – Talking: 

1. On "Global 100", a list of the 100 most sustainable companies in the world. The ranking was published at the World Economic Forum in Davos, Switzerland1.
2. Sustainability on web2.

  1. 1. http://www.storaenso.com/
  2. 2. http://www.storaenso.com/sustainability/Pages/sustainability-start-page.aspx
Controversy: 

1. * 3/22/07 Old Growth Forest Controversy - "accused by Greenpeace of destroying huge tracts of Europe's last remaining ancient forests to make paper for well-known magazines, photocopy paper and packaging for consumer goods in Europe. Greenpeace activists from across Europe launched a dawn protest this morning at the Botnia pulp mill and the Stora Enso paper mill in the northern Finnish town of Kemi"1. Stora Enso responded that it does not destroy old growth forests and claims it did nothing wrong2.
2. 9/19/06 * Illegal timber from Russia - In its report, ‘Partners in Crime: A Greenpeace Investigation into Finland’s Illegal Timber Trade with Russia’, Greenpeace has documented wide-spread illegal logging in the Russian Republic of Karelia (1). During undercover field research between June and August 2006, campaigners witnessed timber being harvested in violation of Russian forest and environmental laws (2), then transported across the border to be processed by industry giants UPM and Stora Enso. Products from these mills are exported throughout Europe and beyond, as far as Japan. Customers of these mills include liquid packaging manufacturers, such as Tetra Pak and Elopak... With no EU legislation prohibiting illegal timber being circulated through European markets, consumers are unwittingly forced to be accomplices in forest crimes"3.

  1. 1. http://www.greenpeace.org/international/press/releases/greenpeace-reveals-that-produc
  2. 2. http://www.storaenso.com/media-centre/press-releases/2007/03/Pages/stora-enso-does-not-destroy-old-growth-forests.aspx
  3. 3. http://www.greenpeace.org/eu-unit/press-centre/press-releases2/eu-president-implicated-in-for
Notes: 
Additional Research: 

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