M-real highly commended for climate change disclosure

03/11/2009
M-real Corporation Press release 3 November 2009 at 10:35

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. 

More about CDP: www.cdproject.net 

Further information:

Juha Laine, VP, Investor Relations and Communications, tel. +358 10 465 4335