8.30.2007 - 08:20am ET

(CSRwire) Proventia Solutions, a Finnish technology company specialised in corporate sustainability, today announced an agreement to deliver a sustainability management and reporting software solution for Stora Enso. The state-of-the-art software system combines Proventia's sustainability management and reporting solution with Hyperion's market-leading financial management and reporting tool in a single platform and user interface. The sustainability data management software will be used throughout Stora Enso´s global organisation.

"We in Stora Enso made careful comparison of different software vendors in this new and fast growing market and chose Proventia's leading solution. After systematic review of different options available for a global company like Stora Enso, we felt that Proventia´s solution fits our needs the best. I seems to be the most comprehensive and cost-efficient solution in the market. We also valued Proventia´s know-how in integrating sustainability issues into normal business decision making process. This is important for us, since we strongly believe sustainability issues are not a separate process but an integrated and significant component of the whole business performance of our company" states Vice President, Environment, Mr. Johan Holm from Stora Enso.

"We are of course very happy, that a company like Stora Enso chose our know-how and our solution. It seems that more and more leading sustainability companies are moving towards integrated non-financial and financial solutions", says Mikael Niskala, Vice President, Sustainability Solutions of Proventia Solutions.

Stora Enso is an integrated paper, packaging and forest products company, producing publication and fine paper, packaging board and wood products - all areas in which the Group is a global market leader. Stora Enso's sales totalled EUR 14.6 billion in 2006. The Group has some 44 000 employees in more than 40 countries on five continents

Proventia Solutions is a sustainability focused software and professional services company. Proventia Solutions creates value for its customers by combining in-depth sustainability knowledge with the latest information technology solutions. Proventia' software products are in use in several global leading companies in electronics, engineering, manufacturing, retail and telecommunication sectors. Proventia Solutions is part of Proventia Group an environmental technology company with global operations.

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