We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Open PDF file of Data Source
Climate Lobbying Overview: Stora Enso appears to be broadly supportive of action to address climate change but does not appear to be actively engaging with climate-related regulations.
Top-line Messaging on Climate Policy: Stora Enso has stated support for the Paris Agreement in its 2020 Environmental Guidelines, further stating support for the EU's net-zero by 2050 target in its 2020 Annual Report. On Twitter in 2020, Stora Enso supported policies to encourage the uptake of low carbon materials in buildings but does not appear to have made wider statements on the need for climate regulation.
Engagement with Climate-Related Regulations: Stora Enso appears to have limited engagement on climate-related regulations. In its 2020 Annual Report, Stora Enso stated support for the EU’s target to reduce emissions reductions by 55% by 2030. Stora Enso also describes the EU ETS, Renewable Energy Directive, and Energy Efficiency Directive in its 2020 Annual Report, without taking a position on any of these policies.
Positioning on Energy Transition: Stora Enso appears to be generally supporting transition of energy mix. In its 2019 Sustainability Annual Report, Stora Enso states that it has joined the Clean Cargo Working Group, a global initiative that aims to reduce the environmental impacts of transportation. Furthermore, in its