Mondi maintains its A- leadership rating by CDP for climate change

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Mondi maintains its A- leadership rating by CDP for climate change

January 21, 2020 - 00:44
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VIENNA, Austria, Jan. 20, 2020 (Press Release) -Leading global packaging and paper manufacturer Mondi announced today that it has successfully maintained its A- leadership rating by CDP for Climate Change.

CDP is an internationally recognised independent sustainability benchmarking platform for environmental disclosures, supporting companies, cities, states and regions to measure and manage their risks and opportunities on climate change, water security and deforestation.

CDP scoring drives corporate transparency and the measurement of action on climate change. In 2019, 525+ investors with US$96 trillion in assets and 125 major purchasers with US$3.6 trillion in procurement spend requested companies to disclose through CDP and over 8,000 companies responded.

As it does each year, CDP scores all respondents from A-D, with its Leadership A List comprising companies from around the world that have been identified as leaders for their efforts and actions to address environmental risk.

Mondi was again among the respondents this year, and has been included in CDP’s leadership index (Leadership A-) for climate. This is higher than the Europe regional average of C, and higher than the paper products & packaging sector average of B.

“This leadership rating from CDP on climate is a testament both to our commitment to sustainable development by growing responsibly, as well as to reporting transparently on our strategy, management and performance,” said Gladys Naylor, Mondi Group Head of Sustainable Development.

About Mondi

Mondi is a global leader in packaging and paper, delighting its customers and consumers with innovative packaging and paper solutions that are sustainable by design. Our business is fully integrated across the packaging and paper value chain – from managing forests and producing pulp, paper and plastic films, to developing and manufacturing effective industrial and consumer packaging solutions. Sustainability is embedded in everything we do. In 2018, Mondi had revenues of €7.48 billion and underlying EBITDA of €1.76 billion.

Mondi has a premium listing on the London Stock Exchange (MNDI), and a secondary listing on the JSE Limited (MNP). Mondi is a FTSE 100 constituent, and has been included in the FTSE4Good Index Series since 2008 and the FTSE/JSE Responsible Investment Index Series since 2007.