Stora enso

Stora Enso has reported that, by the end of 2024, it achieved a 53% reduction in its Scope 1 and 2 emissions, surpassing the target of a 50% reduction by 2030 from the 2019 base year.

Stora Enso has reversed course on divestment at its consumer board site in Beihai, China, deciding to shift production towards liquid packaging board and other premium board grades.

Stora Enso’s president and CEO has commented after it was revealed that the company postponed payments to some suppliers by one week in the last weeks of June and September this year.

Stora Enso plans to reduce its debt and boost its balance sheet by selling off some of its forest assets.

Stora Enso has resumed harvesting at environmentally sensitive sites in Finland after last month’s incident when thousands of endangered mussels were killed by forestry machinery.

Stora Enso has commented on an environmental incident that was discovered at a group harvesting site in Kainuu, Finland last week and that is being investigated as an aggravated nature conservation...

Stora Enso has signed a new €435m (£372m) bilateral loan with the European Investment Bank (EIB) to support growth in renewable, fibre-based consumer packaging board.

Finnish paper giant Stora Enso’s H1 2024 results reveal a cautiously optimistic outlook, as the company sharpens its profit margins and reduces its exposure to leverage risks.

News that Finnish labour unions have extended their strike action by another week has been greeted with dismay by the industry.

Deliveries from Finnish paper mills are being impacted by a fortnight-long strike that is hitting operations at the country’s ports and freight network.