Stora Enso

Stora Enso: Carbon Emissions and Climate Commitments

Stora Enso, a leading force in the packaging and labelling services sector headquartered in Finland, is actively engaged in reducing its environmental impact. The company has set ambitious science-based targets aligned with a 1.5-degree Celsius warming scenario.

Carbon Emissions Data:

In 2024, Stora Enso reported a total of approximately 5.75 billion kg CO2e in greenhouse gas emissions. This figure comprises:

• Scope 1: Approximately 1.17 billion kg CO2e (direct emissions from owned or controlled sources).
• Scope 2: Approximately 50 million kg CO2e (market-based) or 420 million kg CO2e (location-based) (indirect emissions from the generation of purchased energy).
• Scope 3: Approximately 4.53 billion kg CO2e (all other indirect emissions in the value chain), with significant contributions from:
  • Processing of sold products: Approximately 1.75 billion kg CO2e.
  • Purchased goods and services: Approximately 1.6 billion kg CO2e.
  • Upstream transportation and distribution: Approximately 960 million kg CO2e.
  • Fuel and energy-related activities: Approximately 210 million kg CO2e.

Historical emissions data indicates a reduction trend:

• 2023: Approximately 6.38 billion kg CO2e total emissions.
• 2022: Approximately 7.52 billion kg CO2e total emissions.
• 2021: Approximately 9.9 billion kg CO2e total emissions.
• 2020: Approximately 9.47 billion kg CO2e total emissions.
• 2019: Approximately 10 billion kg CO2e total emissions.

Climate Commitments and Reduction Targets:

Stora Enso has committed to significant greenhouse gas emission reductions:

• Near-Term Target (by 2030): The company aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50% from a 2019 baseline. Simultaneously, Stora Enso is committed to reducing its Scope 3 emissions by 50% by 2030 from the same 2019 baseline. These targets are verified by the Science Based Targets initiative (SBTi) and are in line with the 1.5-degree scenario.
• Long-Term Target (Net Zero by 2040): Stora Enso has pledged to achieve net zero carbon emissions by 2040 across all scope categories, aligning with its commitment as a signatory of the Climate Pledge.

The company is actively working to achieve these goals through various initiatives, focusing on improving efficiency and lowering carbon intensity throughout its value chain in collaboration with suppliers, logistics partners, and customers.