- VIENNA, Austria, Aug. 10, 2020 (Press Release) -
- Mondi’s score puts it in the top 1% of its sector, for the 5th consecutive year
- Overall awarded 82% in EcoVadis' Corporate Social Responsible (CSR) ratings
- 90% score for Environment and Labour & Human Rights
Leading global packaging and paper manufacturer Mondi has achieved platinum status in the EcoVadis CSR ratings in recognition of the Group’s strong commitment to sustainability. The platinum rating is a new category rating for CSR performance and this award puts Mondi in the top 1% of companies in its industry, a position it has held since 2015.
EcoVadis, the global business sustainability ratings organisation, annually assesses companies’ performance on international sustainability standards* covering four key areas: environment, labour and human rights, ethics, and sustainable procurement. Mondi’s overall score of 82% for 2020 is up from 78% in last year’s assessment, with 90% in the Environment and Labour & Human Rights categories.
Gladys Naylor, Group Head of Sustainable Development at Mondi, said: “Sustainability is core to Mondi’s approach, whether that’s providing sustainable packaging and paper solutions for our customers, looking after our people and communities, or promoting biodiversity in our forests. To be recognised by EcoVadis as an industry leader is testament to our dedication across the value chain and the action we are taking to deliver the UN SDGs as we look towards a more sustainable future.”
Mondi’s adoption of science-based greenhouse gas (GHG) reduction targets highlights its efforts in the transition to a low-carbon economy. The targets commit the Group to reducing specific scope 1 and 2 GHG emissions by 34% by 2025 and 72% by 2050. Having invested approximately €700 million on improving energy efficiency across its mills since 2013, it is already on its way to achieving this.
Mondi also sets the standard for responsible forest management in its global operations, managing around 2.1 million hectares of natural forest in Russia and 254,000 hectares of plantation forest in South Africa. All its forests are 100% FSC™ certified, with about 24% set aside for conservation and protection of biodiversity and ecosystem services.
Outside of its own operations, Mondi’s customer-centric approach, EcoSolutions, supports customers to develop sustainable packaging and paper solutions helping them to achieve their own sustainability goals and commitments.
*Global Reporting Initiative, United Nations Global Compact, and ISO 26000
Mondi is a global leader in packaging and paper, contributing to a better world by making innovative packaging and paper solutions that are sustainable by design. Our business is fully integrated across the value chain – from managing forests and producing pulp, paper and plastic films, to developing and manufacturing effective industrial and consumer packaging solutions. Sustainability is at the centre of our strategy and intrinsic in the way we do business. We lead the industry with our customer- centric approach, EcoSolutions, where we ask the right questions to find the most sustainable solution. In 2019, Mondi had revenues of €7.27 billion and underlying EBITDA of €1.66 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.