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Stora Enso Releases Comprehensive Annual and Remuneration Reports

Stora Enso Releases Comprehensive Annual and Remuneration Reports

Stora Enso Unveils Key Reports for 2024

STORA ENSO OYJ STOCK EXCHANGE RELEASE on February 13, 2025, Stora Enso's Annual Report and Remuneration Report for 2024 have been published. This report highlights the company’s commitment to sustainability, corporate governance, and financial performance.

In-Depth Look at the Annual Report

The Annual Report provides an extensive view of Stora Enso's strategic direction, encompassing various essential components such as corporate governance and financial statements. The financial statements adhere to the European Single Electronic Format (ESEF) reporting requirements, and the format is Extensible Hypertext Markup Language (xHTML). This clarity ensures stakeholders have insightful access to pertinent information.

Independent Auditing and Assurance

As part of quality assurance, PricewaterhouseCoopers Oy has conducted an independent audit, offering reasonable assurance on Stora Enso's ESEF Financial Statements in Finnish, ensuring transparency and trustworthiness of the information presented.

Commitment to Sustainability

A key feature of the Annual Report is the Sustainability Statement, prepared per the European Sustainability Reporting Standards (ESRS). Stora Enso emphasizes sustainability across its operations, exploring how products can shift from fossil-based materials to renewable sources derived from trees.

Greenhouse Gas Emissions Reporting

The company reports on its direct and indirect greenhouse gas emissions under the Greenhouse Gas Protocol, reflecting its commitment to environmental stewardship and accountability.

Innovative Reporting Standards

Stora Enso also aligns its reporting with the Sustainability Accounting Standards Board (SASB) benchmarks for Forest Management and Containers & Packaging. Detailed indicators related to these standards are accessible in the online SASB content index.

Downloadable Reports and Additional Information

The Annual Report and its components, including the audited Financial Statements and the assured Sustainability Statement, are available in both XHTML and PDF formats. This makes it convenient for stakeholders to access critical data and ensures they remain informed about the company's performance.

Stora Enso’s Role in Renewable Products

With a workforce of approximately 19,000 and a revenue of EUR 9 billion, Stora Enso stands at the forefront of renewable products in packaging, biomaterials, and wooden construction. The company is also one of the largest private forest owners globally, underscoring its influence in sustainable practices.

Investor Relations and Communication

For further inquiries, Carl Norell, SVP Corporate Communications, and Anna-Lena Åström, SVP Investor Relations are available for contact. Their roles are vital in keeping investors and stakeholders updated regarding Stora Enso's strategic initiatives and operational highlights.

Frequently Asked Questions

What key reports did Stora Enso release for 2024?

Stora Enso released its Annual Report and Remuneration Report for 2024, highlighting sustainability and corporate governance practices.

Who audited the Stora Enso financial statements?

PricewaterhouseCoopers Oy provided independent auditing and assurance for Stora Enso's financial statements.

What sustainability standards does Stora Enso adhere to?

Stora Enso follows the European Sustainability Reporting Standards (ESRS) and aligns its reports with the SASB standards for Forest Management and Packaging.

Where can stakeholders find Stora Enso’s Annual Report?

The Annual Report is available in XHTML and PDF formats for download from Stora Enso's official website.

How many employees does Stora Enso have?

Stora Enso employs approximately 19,000 individuals and is committed to providing renewable products globally.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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