M-real highly commended for climate change disclosure in CDP Nordic Report

ESPOO, Finland, Nov. 3, 2009 (Press Release) - M-real Corporation was the second best company in the materials sector including e.g. forest industry companies in the Carbon Disclosure Leadership Index (CDLI), Nordic Report 2009. CDLI highlights the companies that provided the most comprehensive response to the Carbon Disclosure Project (CDP) information request.

"Companies recognised in the Carbon Disclosure Leadership Index are rewarded for high quality responses to CDP, which demonstrate a good understanding of how climate change is and will continue to impact their business. Companies which control their risks today, manage their emissions and seize the opportunities to produce low carbon goods and services, will be the best placed to prosper in a low carbon economy of the future," comments Paul Dickinson, Chief Executive of the Carbon Disclosure Project.

"M-real's mission is to develop and offer our customers and end users sustainable paperboard, paper and pulp applications. We have considerably reduced the environmental impact of our operations, in particular by more efficient energy usage. Actions to reduce the environmental impact are also bringing major cost savings for M-real. This success in CDP is a significant recognition of the systematic work we are doing in M-real and shows that we are going to the right direction," says Mikko Helander, CEO of M-real.

M-real has a long tradition of reporting the environmental impacts of its production. The strengths of the reporting include comprehensiveness, accuracy and reliability of its calculation methods. M-real openly reports its environmental and climate impacts through product-specific Paper Profile declarations available on M-real's websites and carbon footprint calculations which are provided at customers' request, for example.

CDP is an independent non-profit organisation compiling information on companies' carbon dioxide emissions as well as risks and opportunities related to climate change. The CDP report contains information on companies' targets, operation steering, investments, and responsibilities, among other things. CDP was established on the initiative of institutional investors; however, the annually published results also interest an increasing number of customers and other interest groups of the reporting companies.