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Pin to quick picksSmurfit Kappa Regulatory News (SKG)

Share Price Information for Smurfit Kappa (SKG)

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Statement re UN CEO Water Mandate

29 Mar 2018 07:00

29th March 2018

Smurfit Kappa builds on water sustainability achievements by joining UN CEO Water Mandate

Smurfit Kappa has demonstrated its commitment to water sustainability by joining the UN Global Compact’s CEO Water Mandate.

The mandate has been designed to address the growing crisis in water and sanitation in many parts of the world by implementing a range of strategies and policies. Through the initiative, Smurfit Kappa will be collaborating with global brands including ABInBev, Danone, Heineken and Unilever to identify, explore and solve water challenges.

Smurfit Kappa has long been committed to sustainable water practices and recently reached an ambitious water quality target three years early when it reduced the chemical oxygen demand in its water discharge. The packaging leader has also invested over €60 million in sustainable water treatment technology implementing processes that use less energy. One such treatment transforms water pollutants into biogas which is then reused as fuel in the company’s combined heat and power plants.

Speaking about joining the initiative, Steven Stoffer, Group VP Development at Smurfit Kappa said: “Joining the CEO Water Mandate was the next logical step for us after reaching our latest water target at the end of last year.

“Water is one of Smurfit Kappa’s five key sustainability areas and we have conducted extensive research and development into returning it to nature as clean as before. Our goals are underpinned by the 2030 UN Sustainable Development Goals.”

The UN Global Compact is the world’s largest corporate sustainability initiative and is based on 10 principles in the areas of human rights, labour standards, the environment and anti-corruption.

Smurfit Kappa is included on the FTSE4Good, Euronext Vigeo Europe 120, Ethibel and STOXX ESG Leaders Indices rating systems for sustainability achievements.

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 46,000 employees in approximately 370 production sites across 35 countries and with revenue of €8.6 billion in 2017. We are located in 22 countries in Europe, and 13 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/20180328005929/en/

Copyright Business Wire 2018

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