Sappi’s platinum sustainability status is once again verified by EcoVadis

Trust, but verify. This is the value of third-party assessments including the annual review undertaken by EcoVadis. All three of Sappi’s manufacturing regions – Europe, North America and South Africa – once again achieved the highest possible rating, platinum, in the annual EcoVadis Corporate Social Responsibility (CSR) ratings. This achievement places the regions individually and Sappi collectively in the top 1% of over 90,000 companies assessed by EcoVadis.

Enhancing trust is one of Sappi’s key strategic fundamentals. We work to make every day more sustainable for people, communities and the planet. We demonstrate this through our tangible actions, our partnerships, through public reporting, by the group’s alignment with the United Nations Global Compact and Sustainable Development Goals (SDGs) and importantly also through various assessments and verifications.

“There is no endgame to our sustainability journey, and we can and must go further,” says Tracy Wessels, Sappi Group Head Investor Relations and Sustainability. “Even with our high scores and platinum ratings, the value of the EcoVadis assessment is that it highlights areas for improvement.”

“We’re reducing waste, emissions and optimising material and resource use at every opportunity across the company”, explains Sarah Price, Director of Sustainability in Europe. “This rating recognises the positive impact of all our actions in 2022 and motivates us all to keep going.”

As of 2021, EcoVadis assessments of CSR performance are extending through Sappi’s value chain. Sappi is using the EcoVadis platform to assess the sustainability practices of its suppliers. “Having undergone the rating process in all three of their regional entities and achieving platinum-level performance, Sappi is setting a great example for their suppliers to follow”, says Emily Rakowski, CMO of EcoVadis.
https://www.sappi.com/sappi-s-platinum-sustainability-status-is-once-again-verified-by-ecovadis

Related Posts

Ahlstrom-Munksjö to acquire the Caieiras specialty paper mill in Brazil

Ahlstrom-Munksjö has entered into an agreement to acquire MD Papéis’ Caieiras specialty paper mill in Brazil of the Formitex Group, an industrial conglomerate active in the paper, chemicals and panel board industries. Ahlstrom-Munksjö has entered into an agreement to acquire MD Papéis’ Caieiras specialty paper mill in Brazil of the Formitex Group, an industrial conglomerate active in the paper, chemicals and panel board industries. Click Read More below for additional information.

Sylvamo Quarterly Results Higher Than Guidance, Cost Reduction Program Announced

Financial Highlights – Third Quarter vs. Second Quarter *Net income from continuing operations of $58 million vs. $49 million *Cash provided by operating activities from continuing operations of $197 million vs. $77 million. Commercial and Operational Highlights – Third Quarter vs. Second Quarter *Price and mix decreased by $55 million due primarily to lower paper prices in Europe and on exports from Latin America, as well as lower global pulp prices *Volume increased by $6 million due to increases in Latin America and North America *Operations and other costs improved by $1 million due to better operating and supply chain results offset by $13 million in higher unabsorbed fixed costs from increased economic downtime *Planned maintenance outage expenses decreased by $55 million *Input costs improved by $27 million driven by favorable fiber, chemical and transportation costs

Clearwater Paper Reports Third Quarter 2021 Results

Third Quarter Highlights: *Net income of $2 million, or $0.11 per diluted share *Reduced net debt by $7 million in the quarter and $32 million for the first nine months of 2021 *Closed Neenah, Wisconsin tissue facility *Completed planned major maintenance at Cypress Bend, Arkansas facility *Tissue demand recovery and paperboard price increases
Back To Top
×Close search
Search