SMURFIT Kappa has been recognised as a leading ESG performer for the third year in a row by research and analytics firm Morningstar Sustainalytics.
The packaging giant achieved both industry and regional top rated status, and was again classified as ‘low risk’ with a score of 10.7, placing it first against its paper packaging industry peers, and one of the top-ranked companies evaluated by Sustainalytics in Europe.
Morningstar Sustainalytics assessed over 14,000 companies worldwide across 42 industries. Smurfit Kappa’s ESG Risk Rating was appraised based on multiple criteria, including financial strength, circular business practices, and business ethics.
Garrett Quinn, chief sustainability officer at Smurfit Kappa, said, “We are pleased to receive continued strong ESG Ratings from leading third-party providers, in this instance, from Morningstar Sustainalytics. The year-on-year improvement reflects our ongoing dedication to delivering best-in-class ESG performance for all our stakeholders.”
