Smurfit Kappa GrpPLC Statement re Sustainability Goals
October 25 2018 - 2:00AM
UK Regulatory
TIDMSKG
Smurfit Kappa continues to build on sustainability achievements
with new set of goals
Smurfit Kappa has taken the next step forward in its
sustainability journey by rolling out an ambitious new set of
goals.
The packaging leader has had a long-term commitment to making
real and measurable progress against its five strategic
sustainability priorities of forest, climate change, water, waste
and people.
Earlier this year, Smurfit Kappa announced that it had met, and
in some cases exceeded, its previous sustainability goals in the
areas of people, climate change and water with the last two goals
achieved three years ahead of their 2020 deadline.
While Smurfit Kappa's paper-based packaging is renewable,
recyclable and biodegradable, the paper production process itself
is resource-intensive so a new set of goals has been outlined to
build on the progress already made. These are:
-- Maintaining >90% chain of custody certification of annual customer
deliveries
-- Maintaining 100% chain of custody operating system certification
-- Assessing energy usage reduction opportunities in converting
operations by 2020
-- Performing water risk assessments for paper mills not yet assessed by
2020
-- Decreasing water discharge intensity by 60% by 2025 compared to 2005
-- Decreasing paper mill fossil intensity by 40% by 2030 compared to 2005
-- Reducing the amount of waste sent to landfill by 30% by 2025
In the area of 'People' a new Health and Safety goal has been
set which aims to reduce the Total Recordable Incident Rate (TRIR)
by 5% annually.
Speaking about the new goals, Steven Stoffer, VP of Development,
said: "This new set of goals has been drawn up to make sure we
retain our leadership in the field of sustainability by reflecting
the ambitious EU sustainability agenda into the targets for our
global operating network and thereby continuing to push for
sustainable innovation.
"Over the past few years we have made solid progress in our
efforts to contribute to a more sustainable society and we are keen
to continue on this journey collaborating with our various groups
of stakeholders."
Smurfit Kappa releases a Sustainable Development Report every
year which contains a detailed overview of its sustainability
performance, strategic direction and a review of the businesses
underpinning its strategy.
ENDS
Contact for media:
Sinead GillSmurfit KappaT: +353 1 2027157E:
sinead.gill@smurfitkappa.com
About Smurfit Kappa
Smurfit Kappa, a FTSE 100 company, is one of the leading
providers of paper-based packaging solutions in the world, with
around 45,000 employees in approximately 350 production sites
across 33 countries and with revenue of EUR8.6 billion in 2017. We
are located in 21 countries in Europe, and 12 in the Americas. We
are the only large-scale pan-regional player in Latin America.
With our proactive team we relentlessly use our extensive
experience and expertise, supported by our scale, to open up
opportunities for our customers. We collaborate with
forward-thinking customers by sharing superior product knowledge,
market understanding and insights in packaging trends to ensure
business success in their markets. We have an unrivalled portfolio
of paper-packaging solutions, which is constantly updated with our
market-leading innovations. This is enhanced through the benefits
of our integration, with optimal paper design, logistics,
timeliness of service, and our packaging plants sourcing most of
their raw materials from our own paper mills.
Our products, which are 100% renewable and produced sustainably,
improve the environmental footprint of our customers.
Follow us on Twitter at @smurfitkappa and on LinkedIn at
'Smurfit Kappa'.
www.smurfitkappa.com
View source version on businesswire.com:
https://www.businesswire.com/news/home/20181024005736/en/
This information is provided by Business Wire
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October 25, 2018 02:00 ET (06:00 GMT)
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