SMURFIT Kappa has revealed the business has been recognised as a top ESG performer by research and analytics specialist Sustainalytics.
Following analysis of more than 4,000 European-based companies, Smurfit Kappa was named a regional top rated company and is ranked in the top five of the paper packaging category globally.
The accolade covers the EMEA region and categorises Smurfit Kappa’s ESG risk rating as ‘low-risk’. The rating was determined by factors including the company’s circular business model, financial strength, and geography.
In December, Smurfit Kappa had its emissions reduction targets approved by the Science Based Targets initiative (SBTi), which verified the goals are consistent with targets required to meet the goals of the Paris Agreement.
Garrett Quinn, chief sustainability officer at Smurfit Kappa, said, “The top performer award from Sustainalytics builds on our well-established sustainability credentials and is another extremely positive development for Smurfit Kappa and all of our stakeholders.
“We have the most sustainable packaging solutions – made in an increasingly sustainable way – which is key to our customers’ sustainability agenda. We have incorporated key ESG objectives into the core of our strategy and throughout our operations.
“Sustainability is at the heart of all we do and how we think across our business, and it is great to see that our work in this space has been recognised by such a credible third party.”
