Oxenoen, Sweden, 28 October 2009 -- Norske Skog was named best in class by the Carbon Disclosure Project's (CDP) 2009 Nordic report ranking companies based on their climate change strategy and reporting of greenhouse gas emissions. CDP, which has evaluated environmental data from 200 Nordic companies, represents 475 institutional investors worldwide.

 

"Norske Skog's emissions and climate reporting have been compared with 200 leading companies in the Nordic region. The ranking is an important recognition of our efforts to demonstrate openness in terms of emissions as targets for further emission reductions," said Christian Rynning-Tønnesen, president and CEO of Norske Skog. "Good disclosure routines are important to ensure continued focus internally, and help enforce our commitment to further improvements."

 

Norske Skog has set a target to reduce greenhouse gas emissions by 25% by 2020.

 

This is the second time that Norske Skog has participated in the Carbon Disclosure Leadership Index, which includes a detailed questionnaire about submitting companies' CO₂ emissions, targets for emission reductions, and business challenges and opportunities related to climate change.