Stora Enso - Case study
For a truly global forest products company like Stora Enso, sustainability management is an intergrated part of its business. Stora Enso has production mills in 22 countries, producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging and wood products. Its annual sales reached EUR 11,8 Billion in year 2007. The Group has some 36 000 employees in more than 40 countries on five continents. Stora Enso is using 2future SDM solution in all of its operational units and has 130 global users within 102 reporting units for both annual and quarterly sustainability reporting. SDM solution is part of Oracle’s Hyperion Financial Management platform at Stora Enso,
which gives Stora Enso the possibility to integrate seamlessly the key sustainability information with financial information. This integration has been one of the key drivers in utilising SDM solution. “To a global company like Stora Enso, it is becoming more and more obvious, that in the future key sustainability data will be reported as part of the normal business data. This is why we have had the approach to use a system, that can easily provide us the same philosophy and process for all business critical reporting. We have been very pleased with 2future SDM application and 2future help in implementing it to meet our diversed business requirements.” says Johan Holm, Vice President, Environment at Stora Enso.