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Pin to quick picksSmurfit Kappa Regulatory News (SKG)

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Statement re Sustainability Goals

25 Oct 2018 07:00

Smurfit Kappa continues to build on sustainability achievements with new set of goals

Smurfit Kappa has taken the next step forward in its sustainability journey by rolling out an ambitious new set of goals.

The packaging leader has had a long-term commitment to making real and measurable progress against its five strategic sustainability priorities of forest, climate change, water, waste and people.

Earlier this year, Smurfit Kappa announced that it had met, and in some cases exceeded, its previous sustainability goals in the areas of people, climate change and water with the last two goals achieved three years ahead of their 2020 deadline.

While Smurfit Kappa’s paper-based packaging is renewable, recyclable and biodegradable, the paper production process itself is resource-intensive so a new set of goals has been outlined to build on the progress already made. These are:

Maintaining >90% chain of custody certification of annual customer deliveries Maintaining 100% chain of custody operating system certification Assessing energy usage reduction opportunities in converting operations by 2020 Performing water risk assessments for paper mills not yet assessed by 2020 Decreasing water discharge intensity by 60% by 2025 compared to 2005 Decreasing paper mill fossil intensity by 40% by 2030 compared to 2005 Reducing the amount of waste sent to landfill by 30% by 2025

In the area of ‘People’ a new Health and Safety goal has been set which aims to reduce the Total Recordable Incident Rate (TRIR) by 5% annually.

Speaking about the new goals, Steven Stoffer, VP of Development, said: “This new set of goals has been drawn up to make sure we retain our leadership in the field of sustainability by reflecting the ambitious EU sustainability agenda into the targets for our global operating network and thereby continuing to push for sustainable innovation.

“Over the past few years we have made solid progress in our efforts to contribute to a more sustainable society and we are keen to continue on this journey collaborating with our various groups of stakeholders.”

Smurfit Kappa releases a Sustainable Development Report every year which contains a detailed overview of its sustainability performance, strategic direction and a review of the businesses underpinning its strategy.

ENDS

Contact for media:

Sinead GillSmurfit KappaT: +353 1 2027157E: sinead.gill@smurfitkappa.com

About Smurfit Kappa

Smurfit Kappa, a FTSE 100 company, is one of the leading providers of paper-based packaging solutions in the world, with around 45,000 employees in approximately 350 production sites across 33 countries and with revenue of €8.6 billion in 2017. We are located in 21 countries in Europe, and 12 in the Americas. We are the only large-scale pan-regional player in Latin America.

With our proactive team we relentlessly use our extensive experience and expertise, supported by our scale, to open up opportunities for our customers. We collaborate with forward-thinking customers by sharing superior product knowledge, market understanding and insights in packaging trends to ensure business success in their markets. We have an unrivalled portfolio of paper-packaging solutions, which is constantly updated with our market-leading innovations. This is enhanced through the benefits of our integration, with optimal paper design, logistics, timeliness of service, and our packaging plants sourcing most of their raw materials from our own paper mills.

Our products, which are 100% renewable and produced sustainably, improve the environmental footprint of our customers.

Follow us on Twitter at @smurfitkappa and on LinkedIn at ‘Smurfit Kappa’.

www.smurfitkappa.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20181024005736/en/

Copyright Business Wire 2018

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