In WBCSD’s Reporting matters publication, Stora Enso’s Sustainability Report is praised for its disclosure of internal sustainability management processes. The external assurance of the report’s sustainability information also received good feedback as it strengthens the credibility of Stora Enso’s disclosure.
“We are proud of our transparent reporting being acknowledged,” says Noel Morrin, EVP Sustainability at Stora Enso. “It is especially encouraging to see that the four-tier reporting structure we use to present the most material opportunities and challenges is recognised as good practice.”
“In addition to being coherent and highly informative, good reporting requires continuous development. Our report should reflect our ambition to ensure a positive contribution to society and meeting the challenges along the way,” Ulrika Lilja, EVP Communications at Stora Enso, concludes.
“We are pleased to highlight Stora Enso’s strong reporting practices. Their 2017 Sustainability Report clearly articulates the potential impacts of external trends and regulations and describes the approaches the company has taken to manage and address this. We hope other companies will see Stora Enso as an example of good practice as they approach sustainability reporting across their own companies,” says Rodney Irwin, Managing Director of Redefining Value, WBCSD.
The WBCSD produces Reporting matters to help improve the effectiveness of non-financial corporate reporting. The report lists Stora Enso’s Sustainability Report as one of the top ten in the world out of the 158 reviewed in the scope of the publication without disclosing the exact rankings.