HELSINKI, Finland (News release) -- For 2021, Stora Enso is publishing one combined Annual Report covering our strategy, financials, sustainability reporting, corporate governance and remuneration.

The Annual Report describes progress in our strategic initiatives in 2021 and how we create value as a renewable materials company. Stora Enso actively manages and reports on sustainability opportunities and risks for both the company and society. Climate change, biodiversity and the circular economy are highlighted in the strategy section as key to delivering our long-term business strategy. Stora Enso's environmental and social impacts are covered in the sections on our strategy and sustainability reporting.

The Reporting section of the Annual Report includes the report of the Board of Directors and the financial statements and notes, Stora Enso in capital markets, our tax footprint, governance and remuneration. The official audited financial statements in Finnish, and a Swedish translation, can be downloaded at storaenso.com/annualreport.

Stora Enso publishes its annual financial statement in accordance with the European Single Electronic Format (ESEF) reporting requirements. The format of the report is Extensible Hypertext Markup Language (xHTML). In line with the ESEF requirements, the primary financial statements have been labelled with XBRL tags. The audit firm PricewaterhouseCoopers Oy has provided an independent auditor's reasonable assurance report on Stora Enso's ESEF Financial Statements in Finnish in accordance with ISAE 3000 (Revised). The ESEF files are attached to this release and can be downloaded at storaenso.com/annualreport.

Stora Enso also reports against the SASB's Sustainability Accounting Standards for Forest Management and Pulp & Paper Products. The specific standard indicators are available in the online SASB Content Index, with references to the locations of these disclosures in Stora Enso's annual reporting.

Please note that there are no printed copies of the Annual Report available for ordering.