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Stora Enso Oyj (0CX9.L)

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Stora Enso Oyj

Salmisaarenaukio 2
PO Box 309
Helsinki 00101
Finland
358 2046 111
https://www.storaenso.com

Sector(s)
Industry
Full-time employees19,842

Key executives

NameTitlePayExercisedYear born
Mr. Hans Sohlstrom M.Sc., M.Sc. (Tech.)President & CEO54kN/A1964
Mr. Seppo Parvi M.Sc.CFO, Deputy CEO, Country Manager of Finland & Acting Head of Paper DivisionN/AN/A1964
Ms. Aruna ArumugamHead of AdministrationN/AN/AN/A
Ms. Anna-Lena AstromSenior Vice President of Investor RelationsN/AN/AN/A
Ms. Micaela ThorstromExecutive VP of Legal & General CounselN/AN/AN/A
Ms. Katariina KraviActing Head of Brand & Communications and Executive VP of People & CommunicationN/AN/A1967
Mr. Hannu Kasurinen M.Sc (Econ.), M.Sc.Executive Vice President of Packaging MaterialsN/AN/A1963
Mr. Jouni SeppäläSenior Vice President of Business Analysis & ControllingN/AN/AN/A
Mr. Anders BergkvistChief Financial Officer of China and GuangxiN/AN/AN/A
Mr. Per Lyrvall L.L.M.Executive VP of Forest Division & Country Manager of SwedenN/AN/A1959
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging. Its Packaging Solutions segment develops and sells fiber-based packaging products and services, including converting corrugated boards and carton boards; and new materials, such as formed fiber and wood foams into standard and bespoke packaging solutions for retail, e-commerce, and industrials. The company's Biomaterials segment provides various pulp for packaging, paper, tissue, specialties, and hygiene product producers; and tall oil and turpentine from biomass. Its Wood Products segment offers wood-based solutions, including digital tools for design and construction of building projects with wood; applications for windows and doors; and pellets for sustainable heating solutions. The company's Forest segment engages in sustainable forest management, as well as supplies wood. Its Paper segments offers portfolio of products for print and office use. The company's Other segment produces electricity and heat. It serves packaging manufacturers, brand owners, paper merchants, publishers, retailers, printing houses, converters, and construction companies. The company was incorporated in 1996 and is headquartered in Helsinki, Finland.

Corporate governance

Stora Enso Oyj’s ISS governance QualityScore as of 28 February 2024 is 2. The pillar scores are Audit: 4; Board: 2; Shareholder rights: 9; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.