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Financial and environmental performance is continuously
being monitored and reported. The same practice is now
being applied to social and socio-economic issues.
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Value creation and responsibility go hand in hand
A strong correlation exists between responsible operations and business gains. Stora Enso's goals are long-term profitability and value creation through business excellence. In Stora Enso's case business excellence incorporates three pillars of sustainability - financial, environmental and social.
Stora Enso has also decided to support the United Nation's Global Compact initiative and its nine principles. The Global Compact was launched in 2000 by Secretary-General Kofi Annan who urged world business leaders to help make globalisation work for all the people of the world.
The Group's mission, vision and values formed the starting point for the Principles for Corporate Social Responsibility. The Principles translate the social aspects of the Environmental and Social Responsibility Policy into more concrete form and are consistent with other Group policies and guidelines. The Principles are based on internationally accepted statements, such as the United Nations Universal Declaration on Human Rights and International Labour Organization (ILO) conventions.
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