Stora Enso and Volvo Cars officially opened a new hot water pipeline between their manufacturing sites in Ghent, Belgium, on 18 November 2016. The four-kilometre pipeline will take hot water heated using renewable energy from Stora Enso’s paper mill to the Volvo plant, where it will be used to heat buildings and paint booths. The annual reductions in CO2emissions correspond to the heating of 5 000 households. Bart Tommelein, Minister of Energy of the Flemish Government, ceremoniously opened the valves of the pipeline together with the managing directors of Volvo Car Gent and Stora Enso’s Langerbrugge Mill, Eric Van Landeghem and Chris De Hollander. Thanks to the pipeline, Volvo Cars will use substantially lower amounts of fossil fuels for heating – also reducing the plant’s CO2emissions and energy costs. The project will lead to emission reductions estimated at 15 000 tonnes of CO2per year, cutting the Ghent plant’s total CO2emissions by more than 40 per cent. click Read More below for more of the story
UPM has been listed as the forest and paper industry leader in the in the Dow Jones European and World Sustainability Indices (DJSI) for 2018-2019 for the sixth time.
“We create value by seizing the limitless potential of bioeconomy, this is what we are committed to do at UPM”, says Sami Lundgren, Vice President, UPM Environment and Responsibility.
Global megatrends and their impacts on the environment and society make it clear that a major turnaround in the use of non-renewable fossil-based products and materials is needed. As the leader of the bio-based forest industry UPM’s mission is to be a part of the solution.
“Creating value for society both as a company and through our renewable and responsible products is an essential part of the Biofore strategy, since our operations and products have an impact on society at large. Understanding our influence is a prerequisite for us to develop our operations and to respond to the needs of surrounding communities,” concludes Lundgren.
The annual Corporate Sustainability Assessment is conducted by an investment specialist RobecoSAM, and is based on a rigorous analysis of economic, environmental and social performance of the world’s leading companies, assessing issues covering climate change strategies, supply chain standards, labour practices, corporate governance and risk management. The DJSI follows a best-in-class approach, recognising companies across all industries that outperform their peers in sustainability metrics.