As the number of environmentally conscious businesses are growing, so is the interest for adding sustainable investments to the portfolio. Putting money in green bonds – earmarked loans to support environmentally-friendly and sustainable climate solutions – is a popular choice. And it’s the one that Stora Enso decided to go with in 2019 when a Green Bond programme was initiated.
Pasi Kyckling, SVP Group Treasurer at Stora Enso is very positive:
– Green bonds are a great match for our strategy at Stora Enso. Our green bond projects provide an opportunity for investors to invest in sustainable solutions that are controlled and managed by our company. The investments are used exclusively to finance specific green bond eligible activities.
– The general statistics for the green bond market signal that the market is growing significantly! There is a huge appetite for the sustainability market worldwide.
Read the complete interview with Pasi Kyckling and learn more about the Stora Enso Green Bond programme here.
Some people and organizations argue that old forests are more sustainable than new ones, no matter how responsible the forestry and harvesting. That any company who uses wood for its products is causing a major negative impact on our climate – when it comes to reduction of carbon emissions and the biodiversity of our forests. But it’s not a black and white question. As a matter of fact, there are several upsides to harvesting and managing forests to get a hold of the remarkable, renewable raw material called wood.
Alongside Gasum’s biogas plant at Nymölla mill, another sustainable initiative is in the making. All over the world, the demand for sustainable textile fibers is growing and the new facility is a demonstration plant for TreeToTextile, owned by Stora Enso, H&M Group, Inter IKEA Group, and LSCS Invest.
Gasum’s biogas plant at Nymölla Mill is now producing liquefied biogas (LBG) at full speed. We created an icon that communicates the benefits in a clear way; how we manage to, not only make use of residue from the process of turning wood into paper, but also make way for a fossil free future.