VIENNA, Austria, Oct. 22, 2020 (Press Release) -Mondi’s Sustainable Development report 2019 is named in the ‘Top Performer’ category, honouring the top ten overall reports, from an annual review of the sustainable development reporting of leading global companies by WBCSD.
Of note, Mondi’s reporting on its contributions to the UN Sustainable Development Goals (SDGs) is identified as best-in-class. This recognition acknowledges how closely Mondi’s overall corporate strategy is aligned with the SDGs. The Group is further praised for the experience the Sustainable Development report provides for both specialist and generalist audiences.
Gladys Naylor, Group Head of Sustainable Development at Mondi, said: “Setting ambitious targets and being transparent on how we report on our progress and performance are two compelling steps companies can take to help create a sustainable future. At Mondi, sustainability is intrinsic to how we do our business, so we are delighted that our efforts to produce exceptional reporting have been recognised once again.”
WBCSD looked at 158 companies to analyse their sustainability reporting according to principles such as accessibility, stakeholder engagement and evidence of activities.
Luis Rochartre, Director of the Forest Solutions Group at WBCSD, said: “Mondi has been a leading member of WBCSD’s Forest Solutions Group (FSG) for over ten years and is currently co-chairing the group. This leadership is demonstrated through Mondi’s continued presence among the top performers of WBCSD’s annual Reporting matters review process. Mondi has a strong foundation in the principles of sustainability reporting and successfully balances technical content with engaging user experience in its Sustainable Development report 2019.”
An integral part of Mondi’s success is its integration of sustainability into its strategy. The Group identified the areas of sustainability most relevant to its business operations and mapped the relevant SDGs and targets against these. In 2019, Mondi again reported on the SDGs where the company has the potential to amplify its positive impact at scale and mitigate against any negative impacts – crucial to making a lasting difference and contribute to a better world.
Mondi has identified the action areas that are important to drive progress as well as enhanced disclosure and accountability, essential elements of sustainability reporting.
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.