Slide 1: Forest Field Trip
StoraEnso 4 June 2024 Forest Field Trip The renewable materials company
Slide 2: Stora Enso Strategy
Stora Enso Strategy Tobias Bäärnman EVP, Strategy and Sustainability 2
Slide 3: We are the renewable materials company
We are the renewable materials company Renewability Circularity Our raw material is Our renewable renewable, recyclable products contribute to and fossil-free a circular bioeconomy Employees Our purpose 20,000 Do good for people and the planet Presence Replace non-renewable materials Less CO2 40 pro
Slide 4: Sustainability is shaping our growth strategy
Sustainability is shaping our growth strategy Renewable packaging Sustainable Biomaterials building solutions innovation Foundation: forest, pulp and traditional wood products 4
Slide 5: Renewable packaging
Renewable packaging • High demand for eco-friendly, circular packaging • Fiber-based packaging is expected to grow faster than plastic alternatives • We hold leading global market positions in consumer board segments • Our solutions help customers reduce their environmental impact • We offer a wide
Slide 6: Sustainable building solutions
Sustainable building solutions • Driven by a growing wooden buildings market • We offer alternatives to fossil-based construction materials such as concrete and steel • Leading global supplier in building solutions • Today, mass timber products can be used to build sustainable and safe high-rise bui
Slide 7: Biomaterials innovation
Biomaterials innovation • Focused on lignin, wood foams and biochemicals • Through our know-how, strategic collaborations and partnerships, we aim for breakthrough innovations • Targeting strong growth in new applications with novel products to replace fossil-based materials. 7
Slide 8: Increasing part of strategic growth areas
Increasing part of strategic growth areas Sales 2006 Sales 2023 Sales in ~2030 30%* 55%* 80%* Strategic growth areas Strategic growth areas Strategic growth areas Paper Foundation sales Foundation sales Calculations are based on external sales *Strategic growth areas include Packaging Materials, Pac
Slide 9: Construction of a consumer board line at Oulu site is proceeding according to plan
Construction of a consumer board line at Oulu site is proceeding according to plan • Investing ~€1bn in 2022 – 2025 to convert idle paper machine at our Oulu site in Finland • Production estimated to start early 2025 • Starting consumer board line for folding box board and coated unbleached kraft to
Slide 10: Climate change can be mitigated with wood construction
Climate change can be mitigated with wood construction CO2 savings for every m³ built with wood -1 tonne CO2 -2.5 tonnes vs. concrete vs.CO steel 2 We can significantly cut emissions in the construction sector by using renewable materials 10
Slide 11: Example of biomaterials innovation: Papira – A paper-based protective foam
Example of biomaterials innovation: Papira –A paper-based protective foam • Bio-based, plastic-free and paper recyclable foam for protective packaging • Can be designed for complex shapes and thus allows for optimal cushioning • Designed to be recycled as paper, but if exiting the circular material
Slide 12: We are one of the world's largest private forest owners
We are one of the world’s largest private forest owners Tornator (41% ownership) • Finland, Estonia Swedish forests and Romania • 1,383,000 ha • 310,000 ha Guanxi Group forest assets: • Southern China Fair value €8.6 billion • 70,000 ha Veracel (50% JV) Montes del Plata • Brazil (50% JV) • 116,000 h
Slide 13: The forest presents continued value generating opportunities
The forest presents continued value generating opportunities • Supports our growth strategy through cost efficient wood flows and resource efficiency • Potential for additional revenue streams in renewable energy production • Advances our innovation and R&D work • Contributes to a strong balance she
Slide 14: Sustainability at Stora Enso
Sustainability at Stora Enso Toby Croucher Chief Sustainability Officer 14
Slide 15: Sustainability Reporting Foundation
Sustainability Reporting Foundation Corporate Sustainability Global Reporting Initiative (GRI) Sustainability Accounting Reporting Directive (CSRD) Standards Board (SASB) The sustainability report is prepared in Preparing to report in accordance with accordance with the GRI Standards covering Report
Slide 16: Focus on outcomes
Focus on outcomes By 2050 our long-term ambition is that all of our products and solutions will be 100% regenerative: renewable and fully circular products and solutions that help reduce climate impacts by sequestering more carbon than they emit as well as supporting biodiversity restoration We have
Slide 17: Our sustainability performance
Our sustainability performance Climate change Circularity Biodiversity -50% 100% Net positive Targets reduction in absolute emissions Recyclable products Impact on biodiversity by 2030 (Scope 1,2,3) by 2030 by 2050 Committed to reaching net-zero CO2 1+2 Scope -44% emissions by (Q1 2024 compared to S
Slide 18: Annual climate impact
Annual climate impact1 Our products substitute fossil-based alternatives, saving3 Our value chain emissions4 Our forests remove carbon5 Our products store carbon2 6.5 −4.3 −13. −2.5 million tonnes of CO2 million tonnes of CO2 million tonnes of CO2 4 million tonnes of CO2 1 Negative value indicates a
Slide 19: Biodiversity through partnership
Biodiversity through partnership “The world is facing a great sense of urgency to halt biodiversity loss, and the forest sector has a central role in making this happen. Our partnership with IUCN is a significant opportunity to develop and implement new ways of working that will provide benefits for
Slide 20: Stora Enso
StoraEnso