Stora Enso achieves milestone in carbon reduction

In 2021, Stora Enso set its ambition to align with the 1.5-degree scenario of the Paris Agreement with a target of absolute Scope 1 and 2 emission reduction by 50% by 2030 from the 2019 base year. The 53% reduction by the end of 2024 is mainly attributed to mitigation measures, such as fuel switches and improvements in energy efficiency, and the impact from site closures. While Stora Enso acknowledges this progress, the Group's target is to maintain this level until 2030 and explore opportunities to further improve.

“I am pleased to share this progress on our path towards net zero as part of our long-term commitment to sustainability. Through driving efficiency in the way we work, we are able to reduce our climate impact and support our customers achieve their climate ambitions,” says Hans Sohlström, President and CEO, Stora Enso.

Stora Enso’s science-based target also includes a 50% reduction in Scope 3 emissions by 2030 from the 2019 base year. “For Scope 3, which includes indirect emissions from our value chain, we are actively engaging and partnering with our suppliers and customers to pursue the same level of decarbonisation despite its greater complexities,” says Toby Croucher, Chief Sustainability Officer at Stora Enso.