Sustainability

Through constant efforts over the past few decades, Nordic Paper’s performance in multiple areas of sustainability has improved, especially in environmental sustainability. As its own impact has decreased, the significance of the impact from parts of the value chain that are upstream and downstream from Nordic Paper’s own operations has increased. Nordic Paper wants to continue to minimise negative impacts overall where they arise, but also to maximise the positive effects of the Company’s operations, such as the benefits of using Nordic Paper’s renewable and recyclable products. Sustainability is a business driver for Nordic Paper.

Nordic Paper’s ambition is to drive change wherever the Company can have an impact, and to do this in cooperation with stakeholders up and down the value chain. The aim is for Nordic Paper’s initiatives and investments to be as resource-efficient as possible to optimise the positive changes achieved.

Nordic Paper’s sustainability work is informed by materiality analysis based on dialogue with our stakeholders. In autumn 2020 a targeted survey was carried out based on the Global Reporting Initiative (GRI) Standards aimed at gaining a deeper insight into the various sustaina- bility priorities of stakeholder groups.

Based on this materiality analysis and Nordic Paper’s strategy, the Company has selected three focus areas for sustainability:

• Sustainable work environment
• Responsible production
• Sustainable business conduct