Smurfit Kappa Made Notable Progress in Sustainability Goals

The 2021 Report mentions 6% improvement in fossil carbon dioxide emissions over the year and overall reduction of over 40% in emission since 2005.

SEATTLE (Scrap Monster): The 15^th Sustainable Development Report (SDR) by Smurfit Kappa highlights the significant progress made by the company in achieving its sustainability goals. The 2021 Report mentions 6% improvement in fossil carbon dioxide emissions over the year and overall reduction of over 40% in emission since 2005.

Smurfit Kappa delivered several landmark achievements in its journey to sustainability. In March, the company became the first FTSE 100 company to be awarded 5 stars by “Support the Goals”. In September, it launched the Green Finance Framework. During the same month, the company launched its inaugural green bond which was over-subscribed multiple times. Also, towards the end of the previous year, the company’s emissions reduction targets validated by the Science Based Target initiative (SBTi) as consistent with the objectives of the Paris Agreement.

Smurfit Kappa achieved 7% year-on-year decline in waste to landfill intensity and cumulative dip by 29.2% since 2013. The report also indicates reduction in water consumption by 6.2% year-on-year in 2021.

Tony Smurfit, Group CEO expressed the hope that the company could deliver an even greater social, economic and environmental impact with continued focus on sustainability and through close collaboration with its value chain partners.

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