Stora Enso Oyj (0CXC.IL)

12.90 -0.08 (-0.60%) As of 08:00AM BST. Market open.

Stora Enso Oyj

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

Sector(s): Basic Materials
Industry: Paper & Paper Products
Full-time employees: 21,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hans Sohlstrom M.Sc., M.Sc. (Tech.)	Pres& CEO	54k	N/A	1964
Mr. Seppo Parvi M.Sc.	CFO, Deputy CEO, Country Mang. of Finland & Acting Head of Paper Division	N/A	N/A	1964
Ms. Aruna Arumugam	Head of Admin.	N/A	N/A	N/A
Ms. Anna-Lena Astrom	Sr. VP of Investor Relations	N/A	N/A	N/A
Ms. Micaela Thorstrom	Exec. VP of Legal & Gen. Counsel	N/A	N/A	N/A
Ms. Katariina Kravi	Acting Head of Brand & Communications and Exec. VP of People & Culture	N/A	N/A	1967
Mr. Hannu Kasurinen M.Sc (Econ.), M.Sc.	Exec. VP of Packaging Materials	N/A	N/A	1963
Mr. Jouni Seppälä	Sr. VP of Bus. Analysis & Controlling	N/A	N/A	N/A
Mr. Anders Bergkvist	Chief Financial Officer of China and Guangxi	N/A	N/A	N/A
Mr. Per Lyrvall L.L.M.	Exec. VP of Forest Division & Country Mang. of Sweden	N/A	N/A	1959

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 1 October 2023 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.