has been ranked as the most sustainable enterprise to invest in, within the packaging sector, according to the recent ESG Risk Ratings conducted by Sustainalytics. For the Swedish company, this top ranking is proof that its focus on sustainability has paid off. The Dow Jones Sustainability Index already ranks BillerudKorsnäs the most sustainable packaging company in the world.
In its annual assessment, the sustainability analysis company Sustainalytics rates BillerudKorsnäs as having low risk exposure combined with a strong approach to sustainability issues. In fact, BillerudKorsnäs was awarded an ESG Risk Rating score of 10.0, putting the company in first place among the 12,000 packaging companies analysed.
According to Sustainalytics, BillerudKorsnäs has the lowest sustainability risk within its industry at global level, presenting a lower ESG risk than any of the paper and forestry companies included in the Sustainalytics evaluation. The areas in which BillerudKorsnäs is assessed as being particularly strongly placed are carbon dioxide emissions from own production and work with health and safety.
“The improvement proves that all our hard work and tightly structured sustainability initiatives, where we focus on those areas where we can make the biggest difference, are being recognised from the perspective of investment as well,” says Malin Ljung Eiborn, Director Sustainability at BillerudKorsnäs.