SOURCE: Stora Enso Oyj

October 04, 2007 03:15 ET

Stora Enso best paper company in the Climate Disclosure Leadership Index

HELSINKI, FINLAND--(Marketwire - October 4, 2007) - Stora Enso Oyj News Release October 4, 2007 at 07.00 GMT

Stora Enso has been ranked the best paper and forest products company in the Nordic region regarding carbon emission disclosure. Stora Enso is included in the Carbon Disclosure Project's first Nordic report listing top companies that demonstrate best in class practices in climate change strategy and reporting greenhouse gas emissions. Overall, Stora Enso comes in fourth place on the Climate Disclosure Leadership Index (CDLI) among carbon-intensive companies in the Nordic countries.

"Developing a good carbon footprint is the first step in defining business case opportunities to reduce emissions and meet our stakeholders' expectations", says Jim Weinbauer, Senior Vice President of Stora Enso Environment.

The Nordic report was launched yesterday in Stockholm, Sweden. The report includes 125 of the largest listed companies in Denmark, Finland, Norway and Sweden. Stora Enso has participated in the Carbon Disclosure Project since 2003.

The Carbon Disclosure Project is an independent non-profit organisation that is backed by 315 institutional investors with a combined USD 41 trillion of assets. The project gathers information on business risks and opportunities related to climate change, and has set a standard for carbon disclosure methodology and process. In 2007, The Carbon Disclosure Project asked the world's 2 400 largest companies to provide information on carbon emissions, response to climate change impact, use of energy and future plans.

For further information, please contact:
Eija Pitkänen, Vice President, Sustainability Communications and
tel. +358 2046 21348
Jim Weinbauer, Senior Vice President, Director, Stora Enso
Environment, tel. +46 1046 71712

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