Stora Enso named best Nordic company in the Carbon Disclosure Project

HELSINKI, Oct. 21, 2010 (Press Release) - Stora Enso is ranked the best Nordic company by the Carbon Disclosure Project (CDP) for its reporting on carbon emissions. The company received the highest scores in CDP's Carbon Disclosure Leadership Index (CDLI) that highlights companies with the most complete and professional approach to reporting on carbon management.

Stora Enso is also one of the five companies that are included in CDP's new Carbon Performance Leadership Index (CPLI). This index complements the CDLI and features companies which have demonstrated commitment to their climate strategy, and most all, reduction in their carbon emissions.

"I am humbled by the recognition of Stora Enso as the best Nordic company on climate change disclosure. The inclusion of Stora Enso into the Carbon Performance Leadership Index together with four other companies, based on our actual carbon performance improvements will inspire us to continue on this important path," says Jouko Karvinen, CEO.

The Carbon Disclosure Project's Nordic 200 report was launched today in Helsinki. The report ranks the 200 largest companies listed on the Nordic stock exchanges that have integrated climate change into a key part of their business strategies. The report is based on analysis of the companies' responses to CDP's 2010 questionnaire. Stora Enso has participated in the Carbon Disclosure Project since 2003.