Norske Skog ranked best Norwegian company in terms of climate change reporting

OXENOEN, Norway, Oct. 24, 2011 (Press Release) - For the fourth consecutive year Norske Skog is featured in CDP's (Carbon Disclosure Project) annual Nordic 'Carbon Disclosure Leadership Index'. This index, a key component of CDP's annual Nordic 260 report, highlights the Nordic companies which have displayed the most professional approach to corporate governance regarding climate change information disclosure practices.

The ranking is an important recognition of our efforts to demonstrate openness on climate change issues, systematic reporting and follow-up are necessary if we are to be effective in our efforts to reduce emissions and save energy, says Sven Ombudstvedt, CEO in Norske Skog.

The Carbon Disclosure Project is an independent non-profit organisation which represents 551 institutional investors with $71 trillion in assets under management The CDP gathers information on corporations' greenhouse gas emissions, climate change related risks and opportunities, and sets standards for carbon disclosure methodology and processes.