In 2024, Stora Enso was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Stora Enso has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Stora Enso are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2024, Stora Enso reported EU Taxonomy-eligible revenues of EUR 568.00 million, representing 6.3% of its total turnover. Of this amount, EUR 428.00 million of Stora Enso's revenues was classified as EU Taxonomy-aligned, indicating that 4.7% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Stora Enso's taxonomy-aligned revenues decreased by 27.69% , indicating a long-term decline in environmentally sustainable revenue performance.
Compared to the previous year (2023), Stora Enso's taxonomy-aligned revenues decreased by 2.08% , suggesting that Stora Enso may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
In 2024, Stora Enso reported that EUR 568.00 million of its revenue was eligible under the EU Taxonomy, representing 6.3% of the company's total turnover. Of this amount, EUR 428.00 million (4.7% of total revenue) was classified as Taxonomy-aligned. This means that 1.6% of Stora Enso's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
In 2024, Stora Enso reported that EUR 428.00 million of its revenue was aligned under the EU Taxonomy, representing 4.7% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
In 2024, Stora Enso reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Stora Enso reported that EUR 425.91 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 4.7% of the company's total revenue, indicating that Stora Enso has limited exposure on solutions that support climate action through its commercial activities.
In 2024, Stora Enso reported EU Taxonomy-eligible CAPEX of EUR 73.00 million, representing 6.7% of its total CAPEX. Of this amount, EUR 64.00 million of Stora Enso's CAPEX was classified as EU Taxonomy-aligned, indicating that 5.9% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Stora Enso's taxonomy-aligned capital expenditure (CAPEX) decreased by 1.67%, indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.
Compared to the previous year (2023), Stora Enso's taxonomy-aligned CAPEX increased by 3.51%, highlighting Stora Enso's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
In 2024, Stora Enso reported that EUR 73.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 6.7% of the company's total CAPEX. Of this amount, EUR 64.00 million (5.9% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.8% of Stora Enso's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, Stora Enso reported that EUR 64.00 million of its CAPEX was aligned under the EU Taxonomy, representing 5.9% of its total capital investment.
This low alignment reflects that Stora Enso is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, Stora Enso reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Stora Enso allocated EUR 64.31 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 5.9% of the company's total capital expenditure, indicating that Stora Enso has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
In 2024, Stora Enso reported EU Taxonomy-eligible OPEX of EUR 94.00 million, representing 12.5% of its total operating expenses (OPEX). Of this amount, EUR 68.00 million of Stora Enso's OPEX was classified as EU Taxonomy-aligned, indicating that 9.1% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Stora Enso's taxonomy-aligned operating expenditure (OPEX) decreased by 11.65%, indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.
Compared to the previous year (2023), Stora Enso's taxonomy-aligned OPEX decreased by 8.08%, suggesting that Stora Enso may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
In 2024, Stora Enso reported that EUR 94.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 12.5% of the company's total OPEX. Of this amount, EUR 68.00 million (9.1% of total OPEX) was classified as Taxonomy-aligned. This means that 3.4% of Stora Enso's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, Stora Enso reported that EUR 68.00 million of its OPEX was aligned under the EU Taxonomy, representing 9.1% of its total operational expenditure.
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
In 2024, Stora Enso reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Stora Enso allocated EUR 65.74 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 8.8% of the company's total OPEX, indicating that Stora Enso has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.