As an energy-intensive business, Stora Enso also has the potential to realise energy savings that reduce both CO2 emissions and financial costs. In 2008, Stora Enso nominated a group of energy experts to identify efficiency improvements at our European mills. The project turned out successful, and soon expanded to a permanent global operation.
The team, called Energy Hunters, is tasked with systematically challenging and supporting Stora Enso mills to use energy as efficiently as possible.
This helps our facilities fulfil the requirements of the ISO 50001 energy management system, supports our commitment to combat global warming, and brings financial savings.
Other tasks include reviewing energy-related projects, sharing best practices, running internal energy networks and energy saving campaigns, and conducting energy audits.
The Energy Hunters coordinate and assess investment proposals for Stora Enso’s Energy Efficiency Investment Fund; the team receives 60-100 proposals annually for projects improving energy efficiency, of which 30-50 are selected. The typical payback time for energy efficiency investments is one to two years, making this a high-priority investment category at Stora Enso.
Energy efficiency investments are also a significant contributor to the decarbonisation of Stora Enso. The Energy Hunters recently received an internal award for their committed work, citing the value they have created for both the company and the environment.