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23 December 2016

BillerudKorsnäs and Stora Enso awarded top placement for their climate work

CDP’s Climate A-List has now been published. Stora Enso and BillerudKorsnäs are among the top organisations. This means that they are two of thousands of companies which have been ranked at the top in terms of combating climate change.

CDP is a non-profit organisation which works to change how the world does business in order to thereby prevent harmful climate changes. Thousands of companies annually report to the organisation, based on preferences of 827 investors – who together represent assets equivalent to USD 100 billion. An A-list is produced based on the reports. 193 companies, corresponding to 9 per cent, qualified this year. Stora Enso and BillerudKorsnäs are among these companies.
“Long-term work is required to combat global warming. Therefore for over ten years Stora Enso has worked actively to reduce the energy intensity in its business, and in many areas also its dependency on fossil fuels. Now over 75 per cent of the energy which the Group generates and uses comes from carbon neutral sources within and outside the company. Our aim is to reduce the usage of fossil rules further over the next ten years so that we come as close as possible to zero with the help of technically and commercially viable means,” says Noel Morrin, Executive Vice President of Sustainability at Stora Enso in a press release.
Substituting fossil materials and working sustainably is also something which BillerudKorsnäs aims for and practises.
“It is really terrific that our work is recognised in the surrounding community. This is the second year in a row that we are included on CDP’s A-list, earlier during the autumn BillerudKorsnäs was also a part of the Dow Jones Sustainability™ Europe Index. Sustainability is integrated in our business and the work is based on a holistic perspective which is a key to success. For example, during 2015 we succeeded with systematic work to reduce our greenhouse gas emissions by nine per cent. In addition, our renewable packaging material and solutions can contribute positively by substituting fossil materials,” says Henrik Essén, Senior Vice President of Communication and Sustainability at BillerudKorsnäs in a press release.

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