Smurfit Kappa Once Again Recognised For Its Environmental Performance
Irish-based corrugated packaging company Smurfit Kappa was listed on the sustainability index for the sixth year in a row after distinguishing itself for its Environmental, Social and Governance (‘ESG’) performance.
The Euronext Vigeo Eiris index is composed of the 120 highest-ranking listed companies for corporate social responsibility performance.
Companies are judged on their sustainability programme by a team of analysts which reviews up to 330 indicators.
Sustainable Development Report
Smurfit Kappa’s annual Sustainable Development Report, released earlier this year, provides a detailed and transparent update on its ESG performance in five strategic areas of focus: Climate Change, Forest, Water, Waste, and People.
In the 2017 report, which was launched earlier this year, the company revealed several key sustainability achievements as well as investing €5 million in social and scientific projects to benefit the communities in which it operates.
“We are delighted to have been listed on this prestigious index again. For Smurfit Kappa, sustainability is not only about mitigating climate change and reducing inefficiency, it is also about taking a sustainable approach to every aspect of our business,” Steven Stoffer, Group VP Development at Smurfit Kappa.
“With a growing number of investors and funds incorporating ESG criteria into their investment decisions, it’s vital for us to provide this assurance. Many of our customers also expect their business partners to have a genuine commitment to corporate social responsibility and this is something that Smurfit Kappa has won several supplier awards for.”
© 2018 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition.