Viceroy Research and other entities are raising concerns about Svenska Cellulosa Aktiebolaget ($SCA), focusing on its valuation, acquisition strategy, cash flow timing, and particularly its forestry practices. Allegations include over-harvesting of historic forests, greenwashing, and unethical practices, with claims that $SCA's data contradicts other datasets, benefiting only SCA. These issues are highlighted ahead of SCA's Annual General Meeting (AGM), with Viceroy Research inviting analysts and observers to a field trip to debunk $SCA's practices. Meanwhile, protests led by Greta Thunberg in Week 292 took place outside SCA's AGM in Sundsvall, Sweden, criticizing the company for being Sweden's largest emitter of greenhouse gases and a significant factor in habitat and species loss. The situation underscores tensions between corporate practices and environmental sustainability, especially in the context of Environmental, Social, and Governance (ESG) standards.
👇 Anyone heard of $ABR. listening to the calls in 2022 onwards makes for a great insight into how wrong (with caveats) Arbor management were and are. We are now hearing of deals so uneconomic it questions what the hell they were doing in a low-interest rate environment. https://t.co/jPvW7iua0u
ESG is a scam. https://t.co/4RnPrk06nB
#ESG hitting the fan at $SCA. Smoke and mirrors, or an explanation to some of our work!? SCA can't hide forever. Next stop to debunk a few of the absurd 'mechanism' that analysts buy into. https://t.co/Kaikw6TXrW
Week 292. Today we are several people and groups protesting in Sundsvall, Sweden, outside SCA’s AGM. Forestry is Sweden's single largest emitter of greenhouse gases, and the main driving factor behind loss of habitat and species. 1/12 https://t.co/RzSuxtqrlQ
Today we were several people and groups protesting in Sundsvall, Sweden, outside SCA’s AGM. Forestry is Sweden's single largest emitter of greenhouse gases, and the main driving factor behind loss of natural habitats and species. 1/12 https://t.co/A1FFbBLH6f
Another issue for $SCA analysts to ignore despite those banks having charters relating to #ESG. https://t.co/4173yIeRSg
Highlighting $SCA's practices at the AGM. Allegations of $SCA's harvesting of historic forests, greenwashing & unethical practices. All while $SCA stays silent. #ESG should be at the forefront of management; it appears sadly lacking on all fronts. https://t.co/Fnf9zeVwUI https://t.co/Qb7PmkXKbU
Why does $SCA's data contradict most other datasets? Conveniently, this only benefits Svenska Cellulosa. Analysts can ignore this practice at their peril. @viceroyresearch is going to debunk 'SCA's fudging of lumbers' live. We invite analysts & observers to a field trip (TBA) https://t.co/vFF2fXSbQk
SCA – You Wood Not Believe It https://t.co/Qnp2ut0uan Viceroy dives into $SCA's ludicrous valuations, its acquisition strategy and cash flow timing, rampant over-harvesting and comparison to peers. Viceroy's latest report is live ahead of $SCA's AGM 1/ https://t.co/ZhhbdBvd8G
🚨 Today, climate ministers & diplomats from ~40 countries are meeting at a Beachhotel in Denmark to prepare for #COP29. No one’s allowed inside except fossil fuel executives & politicians 🤡… so we went there to give them a visit 👇 #dkpol #dkmedier #dkgreen @ActionAidDK https://t.co/ADGc426lWz
scam https://t.co/7eWgzjdq9Q
$SCA, $ABR & $MPW, our top shorts, not performing as desired yet. They will be as investigations progress. Follow @viceroyresearch for more Wink https://t.co/CAsCcGbrPX