Stora Enso listed again in the Dow Jones Sustainability Indexes
Stora Enso has achieved a listing in the Dow Jones STOXX Sustainability Index for the 9th year running, as the only European forestry and paper company listed in the Dow Jones Sustainability Indexes (DJSI). Stora Enso received top industry scores for climate strategy and environmental reporting and management, as well as the eco-efficiency of the company's operations. The members of the DJSI for 2009-2010 were announced on Thursday 3rd September. The DJSI STOXX includes 154 European companies from 14 countries. “Our ability to gain membership in the well respected Dow Jones Sustainability Index for the 9th time clearly proves that our long-term sustainability efforts have been well received,” says Stora Enso CEO Jouko Karvinen. “We are continuously striving for improvement, and this rating combined with our four other corporate responsibility related memberships gives us a strong platform to continue to make progress.” The Dow Jones Sustainability Indexes are the first global indexes to track the financial performance of leading sustainability-driven companies. Companies are selected for inclusion on the basis of their economic, environmental and social performance. The indexes provide investors with reliable and objective benchmarks to manage their sustainability portfolios. Stora Enso's sustainability work has also been recognised by the following listings and indexes: Global 100: Most Sustainable Corporations in the World Stora Enso is considered among the “best in class” in the forest products industry with regard to the management of environmental, social and governance risks and opportunities. The Global 100 Most Sustainable Corporations in the World ratings were initiated by Corporate Knights Inc. and Innovest Strategic Value Advisors Inc. in 2005. The 100 top sustainability performers are chosen from the MSCI World Index of some 1 800 publicly-traded companies. FTSE4Good Index Stora Enso has been consistently included in the FTSE4Good Index since 2001. The FTSE4Good Index Series has been designed to measure the performance of companies that meet globally recognised corporate responsibility standards, and to help investors identify such companies. The index focuses on environmental management, human and labour rights, supply chain labour standards and efforts to counter bribery. Climate Disclosure Leadership Index Stora Enso is ranked as the third best corporation among Nordic carbon-intensive companies, and as the best paper and forest products company in the Nordic region. The Carbon Disclosure Project (CDP) is an independent non-profit organisation backed by over 385 institutional investors with a combined USD 57 trillion of 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. World's Most Ethical Companies Stora Enso has been named as one of the Ethisphere Institute's World's Most Ethical Companies for 2009. The World's Most Ethical Companies are selected by the Ethisphere Institute, which is dedicated to the research, creation and sharing of best practices in ethics, compliance, and corporate governance. For further information, please contact: Eija Pitkänen, SVP Sustainability, tel. +358 2046 21348 www.storaenso.com www.storaenso.com/sustainability Previous press releases concerning the recognition of Stora Enso's sustainability work are available at www.storaenso.com/press: - 29 January 2009: Stora Enso among the world's 100 most sustainable companies - 28 October 2008: Stora Enso continues as top paper company in the Climate Disclosure Leadership Index