SMURFIT Kappa has been included in the FTSE4Good Index for the sixth year in a row for the firm’s commitment to sustainability.
Created by the global index provider FTSE Russell, Smurfit Kappa explained that the FTSE4Good indices are used by market participants to assess responsible investment funds and other products.
In order to be eligible, the packaging giant was assessed on a range of criteria which are aligned with the UN Sustainable Development Goals.
In May this year Smurfit Kappa released its 2018 Sustainable Development Report, which set out the company’s sustainability goals for 2025 and beyond. It also analysed the company’s performance in five areas: Climate Change, Forest, Water, Waste and People.
Steven Stoffer, group VP development at Smurfit Kappa said, “We are delighted to have been listed on the FTSE4Good Index once again. At Smurfit Kappa, we believe in taking a sustainable approach to every aspect of our business. More and more investors and funds are using this index to make better informed investment decisions. Many of our customers also expect their business partners to have a genuine commitment to corporate social responsibility and this is something that we have a strong track record in.”