Finnish paper manufacturer Stora Enso has revealed a target to reduce its greenhouse gas emissions from its operations by 31% per tonne of pulp, paper and board produced by 2030 from a 2010 base year.
As part of the initiative, the company will commit to having 70% of its non-fibre suppliers and downstream transportation suppliers set their own greenhouse gas reduction targets by 2025.
It will also educate 100% of its customer-facing staff on the advantages of setting science-based targets by 2020.
Stora Enso’s targets have been approved by the Science Based Targets initiative, which is a global collaboration that mobilises companies to set science-based targets and boost their competitive advantage in the transition to the low-carbon economy.
Stora Enso CEO Karl-Henrik Sundström said: “For over a decade we have been actively reducing the energy intensity of our operations and our dependence on fossil fuels. As a company operating in a bioeconomy and using renewable raw materials, we are in a unique position to take the next step.
“We are now committing to further reducing our CO2 and other greenhouse gas emissions in line with the 2°C limit set for global warming by the Paris Agreement. The new targets cover emissions from our own operations, but also include engagement targets for our partners all through the value chain.”
Alexander Liedke, manager of sustainable business and markets at WWF and member of the Science Based Targets initiative steering committee, said: “We congratulate Stora Enso on being the first forest products company to have their science-based targets approved by our team.
“By setting targets that align their business with global efforts to avoid the worst impacts of climate change, Stora Enso is positioning itself to thrive as the global economy transitions to a low-carbon future.
“It is particularly encouraging to see Stora Enso working with its suppliers to adopt their own science-based targets, helping to mainstream science-based target setting across the value chain.”
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