Business News

Stora Enso selected for the FTSE4Good responsible investment index for the 10th year in a row

Monday 20. September 2010 - Stora Enso has been included for the 10th consecutive year in the FTSE4Good Index Series, one of the most widely recognized indexes for socially responsible investments.

Companies chosen for the FTSE4Good Index Series must meet stringent
social, ethical and environmental criteria. The FTSE4Good index facilitates
responsible investments by continuously measuring the performance of leading
companies.

The criteria used for the index cover environmental management, climate change,
human rights, supply chain labour standards, and efforts to counter bribery. The
criteria are regularly revised to ensure that they reflect the highest standards
of responsible business practice.

“For us, being listed in the FTSE4Good index for the 10th year running is a sign
of real improvement. The index is uncompromising – if you stop improving, you
risk dropping out,” says Stora Enso CEO Jouko Karvinen. “This fits well with the
way we see corporate responsibility at Stora Enso. It is not something you
accomplish once and then stop working on – it forms the core of everything we
do, and we have to find ways to improve every day.”

The FTSE4Good index is revised twice a year, when companies receive information
about whether they have been selected for the list. The index has been designed
by FTSE with the support of UNICEF, and uses data provided by the Ethical
Investment Research Service (EIRIS).