Smurfit Kappa GrpPLC Statement re Sustainability Goals
15 Mai 2018 - 8:00AM
UK Regulatory
TIDMSKG
15th May 2018
Smurfit Kappa takes another stride forward in reaching
sustainability goals
Smurfit Kappa has achieved a 26% reduction in CO2 emissions
three years ahead of time, according to its annual Sustainable
Development Report, which was published today.
The packaging leader had set an ambitious target to reduce the
relative total fossil CO2 emissions in its mill system by 25%. In
today's report, the packaging leader confirmed that it had
surpassed the target, which had a 2020 deadline, at the end of
2017.
While Smurfit Kappa's paper-based packaging is renewable and
recyclable, the paper production process itself is energy
intensive. Reaching the climate change goal further reinforces the
company's ongoing commitment to reduce its carbon footprint by
focusing on energy efficiency and the use of renewable sources of
fuel such as biomass, where feasible.
Climate change is one of Smurfit Kappa's five strategic areas of
focus for sustainability along with Forest, Water, Waste and
People. The 2017 Sustainable Development Report announces several
other key achievements including reaching two other targets in
2017. The first was a reduction in the chemical oxygen demand in
its water, also reached three years early, and the second was in
the area of health and safety with a 9% reduction year-on-year in
lost time accident frequency rate over the five year period of
2013-2017, exceeding the targeted decrease of 5% year-on-year for
the same period. Smurfit Kappa continues to provide Chain of
Custody certified deliveries to packaging customers across Europe
and the Americas approaching the target level of 90% certification.
This is unique to the packaging industry for a company of Smurfit
Kappa's size.
Other highlights include Smurfit Kappa's ranking in the top 1%
of the EcoVadis Sustainability ratings and its listing on the
FTSE4Good, Euronext Vigeo Europe 120, Ethibel and STOXX Global ESG
Leaders investor rating systems.
Smurfit Kappa's commitment to investing in social and scientific
projects to benefit the communities in which the company operates
amounted to approximately EUR5 million with an emphasis on the area
of childhood education.
Tony Smurfit, Group CEO said: "2017 was yet another year with a
strong performance on sustainability metrics for Smurfit Kappa and
I am confident this will continue into the future. In the next five
years we plan to allocate significant capital to projects that will
contribute further towards lowering our environmental footprint and
we will continue to invest significant resources in the
development, safety and wellbeing of our people.
"This report is also evidence of our industry-leading
transparency and demonstrates how Smurfit Kappa is making progress
in supporting the UN's 2030 Sustainability Development Goals."
Steven Stoffer, Group VP Development at Smurfit Kappa, added:
"For Smurfit Kappa, sustainability is not only about mitigating
climate change and reducing inefficiency. For packaging to be truly
sustainable, it must be produced and designed in a sustainable
fashion and be biodegradable within a relatively short time after
multiple usages. This results in minimal impact on the planet.
"Paper-based packaging is uniquely positioned to do this, and we
strongly support the growing concern and efforts to put an end to
the increasing mass of non-biodegradable, primarily plastic
packaging floating in our oceans. This is why we believe that paper
is the future of packaging."
Key findings from the 2017 report include:
Forest
-- All fibres sourced sustainably
Climate Change
-- Achieved 26.1% against a target reduction of relative CO2
emissions of 25%
Water
-- Achieved 37.5% against a target reduction of relative COD discharge of
1/3
Waste
-- Reduced waste sent to landfill intensity by 13.3% since 2013
People
-- Achieved 9% annual reduction of lost time accident frequency rate
between 2013 - 2017.
Click here to read the 2017 Smurfit Kappa Sustainable
Development Report.
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 46,000 employees in approximately 370 production sites
across 35 countries and with revenue of EUR8.6 billion in 2017. We
are located in 22 countries in Europe, and 13 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
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This information is provided by Business Wire
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May 15, 2018 02:00 ET (06:00 GMT)
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