Stora Enso to fulfill its commitment to become net carbon positive, and to offer 100 percent regenerative products and solutions by 2050, has become a signatory of The Climate Pledge.
Dec 12, 2023
Stora Enso, recently committed to net-zero emissions by signing The Climate Pledge. This move displays its long-term ambition to become net carbon positive, and to offer 100 percent regenerative products and solutions by 2050. Stora Enso remains committed to deliver on its existing 2030 target to reduce absolute Scope 1, 2 and 3 emissions by 50 percent from the 2019 baseline. This target is aligned with the 1.5-degree scenario and is approved by the Science Based Targets initiative.
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Stora Enso will continue its decarbonisation journey to improve energy efficiency and to switch from fossil-based energy sources to renewable ones. Stora Enso will further improve its Scope 3 performance by enhancing efficiency and lowering carbon intensity in the value chain, collaborating with its raw material suppliers, logistics suppliers, and customers.
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Signatories of The Climate Pledge agree to measure and report greenhouse gas emissions on a regular basis. Furthermore, it will implement decarbonisation strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies. Additionally, it will also neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially beneficial offsets to achieve net-zero annual carbon emissions by 2040.
