In Reaching Sustainability Goals
Smurﬁt Kappa has achieved a 26% reduction in CO₂ emissions three years ahead of time, according to its current annual Sustainable Development Report. The company had set an ambitious target to reduce the relative total fossil CO₂ emissions in its mill system by 25% and conﬁrms that it has surpassed the target, which had a 2020 deadline, at the end of 2017.
While Smurﬁt Kappa’s paper-based packaging is renewable and recyclable, the paper production process itself is energy intensive. Reaching the climate change goal further reinforces the company’s ongoing commitment to reduce its carbon footprint by focusing on energy efficiency and the use of renewable sources of fuel such as biomass.
Climate change is one of Smurﬁt Kappa’s ﬁve strategic areas of focus for sustainability along with Forest, Water, Waste and People. The 2017 Sustainable Development Report announces several other key achievements including reaching two other targets in 2017. The ﬁrst was a reduction in the chemical oxygen demand in its water, also reached three years early, and the second was in the area of health and safety with a 9% reduction year-on-year in lost time accident frequency rate over the ﬁve year period of 2013-2017, exceeding the targeted decrease of 5% year-on-year for the same period. Smurﬁt Kappa continues to provide Chain of Custody certiﬁed deliveries to packaging customers across Europe and the Americas approaching the target level of 90% certiﬁcation.
Other highlights include Smurﬁt Kappa’s ranking in the top 1% of the EcoVadis Sustainability ratings and its listing on the FTSE4Good, Euronext Vigeo Europe 120, Ethibel and STOXX Global ESG Leaders investor rating systems.
Tony Smurﬁt, Group CEO said, “2017 was yet another year with a strong performance on sustainability metrics for Smurﬁt Kappa and I am conﬁdent this will continue into the future. In the next ﬁve years we plan to allocate signiﬁcant capital to projects that will contribute further towards lowering our environmental footprint and we will continue to invest signiﬁcant resources in the development, safety and wellbeing of our people. This report is also evidence of our industry-leading transparency and demonstrates how Smurﬁt Kappa is making progress in supporting the UN’s 2030 Sustainability Development Goals.”