28 slides from Stora Enso Oyj Class A's sustainability presentation, Jul 21, 2021
Slide 1: Stora Enso ESG Investor presentation Q2 2021
Stora Enso ESG Investor presentation Q2 2021 21 July 2021
Slide 2: Disclaimer
Disclaimer It should be noted that certain statements herein which are not historical facts, including, without limitation those regarding expectations for market growth and developments; expectations for growth and profitability; and statements preceded by “believes”, “expects”, “anticipates”, “for
Slide 3: Megatrends are changing business and society
Megatrends are changing business and society – we contribute to mitigating climate change 3 21 July 2021 Stora Enso ESG presentation
Slide 4: We are a solution for consumers' new demands
We are a solution for consumers’ new demands Everything that’s made with fossil-based materials today can be made from a tree tomorrow Sustainable development is at the heart of our business strategy. 4 21 July 2021 Stora Enso ESG presentation
Slide 5: Stora Enso's annual estimated climate impact
Stora Enso’s annual estimated climate impact Our forests Our products Our value Our products substitute Climate impact3 remove carbon1 store carbon chain emissions2 fossil-based products, saving −1.5 million tonnes of CO2 −2.6 million tonnes of CO2e +10.5 million tonnes of CO2e −17.9 million tonnes
Slide 6: Our products solve sustainability challenges
Our products solve sustainability challenges Replacing plastic Natural cosmetics Sustainable textiles Plastic-free e-commerce in food packaging & personal care and non-wovens Low-carbon Circular retail Carbon neutral buildings Sustainable print industrial solutions 6 21 July 2021 Stora Enso ESG pres
Slide 7: Our products have a lower carbon footprint
Our products have a lower carbon footprint Carbon footprint CO2 emissions PureFiber™ has Fibre-based of lignin is of a CLT-frame 75% lower CO2 beverage carton around 80% building are 75% footprint has 45% lower ” lower than the lower compared compared to CO2 emissions carbon footprint to a concrete
Slide 8: Our sustainability focus areas
Our sustainability focus areas 8 21 July 2021 Stora Enso ESG presentation
Slide 9: Sustainability performance in 2020
Sustainability performance in 2020 9 21 July 2021 Stora Enso ESG presentation
Slide 10: Sustainable business = profitable business… The UN's SDGs
Sustainable business = profitable business… The UN’s Sustainable Development Goals (SDGs) Stora Enso supports all 17 SDGs. We have identified three strategic goals that our business has the most impact on. 10 21 July 2021 Stora Enso ESG presentation
Slide 11: CO2 reductions at several mills during Q2 2021
CO2 reductions at several mills during Q2 2021 • First forest products company to set externally approved science-based targets • Targets for our operations − Reduce greenhouse gas emissions by 31% per tonne by 2030 vs 2010 • In Q2 2021, our greenhouse gas emissions were 30% lower compared to 2010 b
Slide 12: We are well below 2 degree scenario
We are well below 2 degree scenario 12 21 July 2021 Stora Enso ESG presentation
Slide 13: Sustainable forestry helps safeguard forest health and biodiversity
Sustainable forestry helps safeguard forest health and biodiversity 100% 87% of our wood comes from comes from sustainable managed semi- sources natural forests 98% 78% of lands owned proportion of and managed by third-party us are covered certified wood in by certification wood supply 13 21 July 20
Slide 14: Biodiversity management practices in Northern forests
Biodiversity management practices in Northern forests Decaying wood High stumps Retention trees Forest structure Decaying wood During harvesting, Provide continuum of Variation in forest structure provides an important we make artificial decaying wood for forest helps to maintain species habitat for
Slide 15: Biodiversity management practices in tree plantations
Biodiversity management practices in tree plantations Beekeeping Mosaic landscape Protection of improve local Plantations are designed to protect valuable ecosystems livelihoods, help valuable ecosystems and established Restoration Monitoring of such as remaining natural protecting the only on degra
Slide 16: Forest assets fair value increased to 7.4 BEUR in Q2
Forest assets fair value increased to 7.4 BEUR in Q2 2021 Group forest assets Stora Enso productive forest land areas at end of 2020 BEUR 7.2 7.4 Swedish forests Tornator (41%) 1 140 000 ha* Finland 269 000 ha Veracel (50%) Guangxi, China Brazil 47 000 ha (leased) 75 000 ha Montes del Plata (50%) Ur
Slide 17: Veracel – good progress with the Landless movements
Veracel – good progress with the Landless movements • At the end of Q2/2021, 253 hectares or 0.3% of productive land owned by Veracel were occupied by social landless movements − Veracel continues recover occupied areas through legal processes − Since 2012, Veracel has approved the transfer of app.
Slide 18: Water – using natural resources with care
Water – using natural resources with care • Water availability is a global challenge and plays a central role in our production − We constantly strive to reduce its use • Almost 97% of the water we withdraw from nature is released back to the environment − We ensure the water is purified and safe −
Slide 19: Community investment – engaging with numerous local communities
Community investment – engaging with numerous local communities around the world • Our operations are often in rural communities that form an important stakeholder group • We strive to maximise our positive contribution through investments in − Capacity building, local sourcing, nature conservation,
Slide 20: Responsible sourcing – 95% of supplier spend covered by Supplier Code of Conduct
Responsible sourcing – 95% of supplier spend covered by Supplier Code of Conduct • We ensure that our suppliers are committed to high sustainability standards • Stora Enso has a rigorous supplier approval process − 95% of our supplier spend is covered by signed Supplier code of conduct, SCoC (Q2 202
Slide 21: Promoting inclusion and diversity – healthy and safe workplace
Promoting inclusion and diversity – committed to ensure healthy and safe workplace Total recordable incident rates (TRI) 2016-2020 • The health and safety of Stora Enso’s employees is a key priority • Goal is to provide an accident free and inclusive workplace • TRI rate in Q2/2021 was 5.6 (4.7) • C
Slide 22: Stora Enso as tax payer
Stora Enso as tax payer • Stora Enso’s operations generate value through taxes for governments around the world • In 2020, Stora Enso paid again app. EUR 1 billion into public sectors, including EUR 611 million in collected taxes • Stora Enso aims to be transparent with respect to economic value gen
Slide 23: SASB reporting started in 2020
SASB reporting started in 2020 • Stora Enso started to report in 2020 against the Standards by the Sustainability Accounting SASB is an independent Standards Board (SASB) which aims to improve non-profit organisation that develops its standards sustainability reporting for investors based on extensi
Slide 24: Sustainability in our funding and reporting
Sustainability in our funding and reporting Revolving Credit Facility Green Bond Framework Green Bonds with a green aspect Pricing incudes sustainability A loan-format to support EUR 1 506 million component based on ability sustainability-focused fixed total amount of Stora to reduce greenhouse gas
Slide 25: The EU's climate and forest policies
The EU’s climate and forest policies • Sustainably managed forests and renewable, circular products are part of the solution in reaching the EU's ambitious climate targets • Stora Enso supports the EU’s Green Deal as an opportunity to transition to a low-carbon society • Active engagement in policy
Slide 26: ESG indices and external recognition in 2020
ESG indices and external recognition in 2020 Euronext Vigeo WBCSD Stora Enso is listed in the Euronext Vigeo CDP Stora Enso’s Sustainability Report 2019 was Europe, and Eurozone 120 indices as one Stora Enso is included in CDP’s Climate List, included in the top ten sustainability reports of the 120
Slide 27: The Renewable Materials Company
THE RENEWABLE MATERIALS COMPANY
Slide 28: More information in Stora Enso's Investor kit
More information in Stora Enso’s Investor kit https://www.storaenso.com/en/investors • Strategy • Businesses • Capacities • Markets • Financial performance • Cost structure • Capex • Dividend policy • Ownership structure • Management • Most recent quarterly results 28 21 July 2021 Stora Enso ESG pre