Huhtamaki signed a EUR 450 million sustainability-linked syndicated revolving credit facility

Three new members elected to the PEFC International Board at the 24th PEFC General Assembly in Würzburg, Germany. David Ford elected as the new Vice Chair, and two members re-elected for another term. Josien Tokoe, from the Kari’na people of Suriname, is a member of the Organization of the Indigenous Peoples of Suriname (IOS) and the lead for Human, Women and Family Political and Social Rights in COICA (the Coordination of in the Indigenous Organisations of the Amazon Basin). Kurt Ramskogler is Chairman of PEFC Austria, and Managing Director of the LIECO nursery of the Prince of Liechtenstein Foundation. Kurt is also an Advisory Board Member of the BFW (Austrian Research Center for Forests). Dradjad Wibowo is the Chairman and Founder of PEFC member Indonesian Forestry Certification Cooperation (IFCC). He is also the Founder and Chief Economist of Sustainable Development Indonesia (SDI) and an Associate Professor on the Perbanas Institute.

SCA has been acknowledged as a global leader for its sustainable use of timber products with a position on the Forest A List for timber by the leading environmental non-profit, CDP. SCA is one of only eight companies to have achieved a commodity A grade. This list features businesses that are on the path to sustainably sourcing or producing timber commodities, which is among the four key commodities linked to global deforestation. click Read More below for additional detail

Metsä Board has achieved A- rating in Ellen MacArthur Foundation’s latest Circulytics® circular economy assessment. The Circulytics® assessment comprehensively measures the extent to which Metsä Board as a company has achieved circularity across its operations. The company scored the highest scores in the ‘Enablers’ category, which highlights a strong strategic priority to transition to a circular business model. The category encompasses strategy and planning, innovation, people and skills, operations supporting the circular economy, and external engagement. This year’s A- score is an improvement from last year’s score of B, and is an encouraging acknowledgement of Metsä Board’s ongoing work of supporting the circular economy in its operations.