Stora Enso First Paper Company to Sign UN Water Mandate

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Stora Enso, Finland, has signed the United Nations Global Compact CEO Water Mandate, making it the first paper and packaging company to endorse this initiative. The CEO Water Mandate is an initiative that encourages businesses and industry to create and realize sustainable water strategies.

"Signing this mandate means strong commitment from me, as a CEO; and Stora Enso, as a company, to make responsible water use a major priority," says Jouko Karvinen. "Water scarcity is a global concern that is becoming increasingly important for Stora Enso and the whole paper and packaging industry. The Water Mandate will enable us to share our experiences with other committed companies and stakeholders seeking better ways to manage water resources."

The CEO Water Mandate, launched in 2007 for members of the UN Global Compact, is a public-private initiative designed to assist companies in the development, implementation, and disclosure of sustainable water policies and practices. It is backed by investors representing $1.2 trillion in assets under management. Stora Enso has been a member of the UN Global Compact since its launch in 2000. The company has reported its performance on water discharge flow rates since 2005.