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Guriga> Blog> Stora Enso reports growth & commits to 100% regenerative solutions

Stora Enso reports growth & commits to 100% regenerative solutions

October 27, 2021
In Q3 2021, the pulp and paper giant  reported a sales increase of 23.9% to €2577m with operational earnings before interest increasing to €410m. 

It has also announced ambitious targets to offer 100% regenerative products and solutions by 2050, aiming to become net positive. 

Being regenerative means providing renewable and fully circular products and solutions. 

Stora Enso is also committing to new 2030 targets for sustainability priorities: climate change, biodiversity and circularity. 

With its updated science-based targets, Stora Enso said it is committing to reduce absolute scope 1 and 22 greenhouse gas (GHG) emissions from operations by 50% by 2030 from the 2019 base-year, aligned with the 1.5-degree scenario. 

It is also committing to an ambitious target to reduce scope 32 GHG emissions by 50% by 2030 from the 2019 base-year.
The science-based targets have been approved by the Science Based Targets initiative, a partnership between CDP, the United Nations Global Compact (UNGC), the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
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