The Group’s long-term objectives and first annual targets for social responsibility were approved in 2003. During 2004 Stora Enso was already able to achieve many targets, although in some areas progress was slower than expected. At this stage, targets are mainly process-oriented. As CSR management evolves, opportunities to establish more performance-based targets will be examined.
CSR due diligence guidelines finalised
The first formalised CSR due diligence guidelines were finalised in 2004. The guidelines help the due diligence team to assess the potential CSR risks in restructuring processes such as mergers and acquisitions. The guidelines provide assistance in evaluating risks related to areas such as corruption, human and labour rights violations, community relationships, and raw material sources. These guidelines are currently being tested in different locations, and will be further developed according to the feedback received.
Country-specific risk assessments support CSR due diligence guidelines, as they provide information related to the general operational environment and CSR challenges. This year a risk assessment was conducted for Russia.