Stora Enso: From Forests to the Future

🧾 HG&W Review Report: Stora Enso Oyj

🌲 Company Overview

Stora Enso Oyj is a Finnish–Swedish multinational known as a pioneer in the bioeconomy, transforming renewable resources into innovative materials. It focuses on replacing fossil-based materials with renewable wood-based solutions.

• Founded: Traces back to 1288 (as Stora Kopparberg)

• Headquarters: Helsinki, Finland & Stockholm, Sweden

• Employees: ~20,000

• 2023 Revenue: €9.4 billion

• Stock Listings: Nasdaq Helsinki & Stockholm

🌱 Sustainability as Core Strategy

Stora Enso positions itself as “The Renewable Materials Company,” focused on:

• Carbon Neutrality by 2040

• Over 95% of its production is based on renewable raw materials

• Leader in eco-packaging, biocomposites, and sustainable construction materials

• Products include:

  • Wood-based bioplastics

  • Corrugated and fiber packaging

  • Engineered wood for buildings

  • Dissolving pulp and biomaterials

It actively participates in Science-Based Targets initiative (SBTi) and discloses sustainability metrics transparently.

🌍 Global Presence

Stora Enso operates across:

• Europe – Core manufacturing and R&D hubs in Finland, Sweden, and Central Europe

• Asia – Manufacturing and sales, especially in China and India

• Latin America – Key pulp operations, especially in Uruguay and Brazil

• Sales in over 35 countries

💡 Innovations in Bioeconomy

• Lignode – A wood-based carbon material that can replace graphite in lithium-ion batteries

• Formed Fiber – Fully compostable packaging replacing single-use plastic

• Cross-Laminated Timber (CLT) – Used to build sustainable skyscrapers and modular buildings

• Digital Forest Tools – Using satellite data, AI, and drones to manage forest growth sustainably

📉 Financial Highlights (2023)

• Revenue: €9.4 billion

• Operating Profit: €1.15 billion

• EBITDA Margin: 12.3%

• CapEx: €700 million focused on green innovation and modernization

• Dividend Payout: Stable and increasing since 2020

🏆 Recognition & Awards

• Dow Jones Sustainability Index constituent

• Named in Corporate Knights’ Global 100 Most Sustainable Corporations

• Multiple EcoVadis platinum ratings

• Partnerships with WWF, FSC, and UN Global Compact

🔮 Future Outlook

Stora Enso is investing heavily in:

• Next-gen packaging to replace single-use plastics

• Battery tech using wood as a carbon material

• Mass timber construction for urban sustainability

• AI-driven supply chains for predictive and regenerative forestry