BillerudKorsnäs recognized as world leader for corporate action on climate change by CDP

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BillerudKorsnäs recognized as world leader for corporate action on climate change by CDP

November 03, 2015 - 16:14
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SOLNA, Sweden, Nov. 4, 2015 (Press Release) -BillerudKorsnäs has been identified as a global leader for its actions and strategies in response to climate change and has been awarded a position on the Climate "A" List presented by CDP today.

BillerudKorsnäs is among 5% of the corporations participating in CDP's climate change program to be awarded a position on the Climate "A" List. The purpose of the list is to recognize companies' actions to mitigate climate change in the past reporting year. The list is requested by 822 investors representing more than a third of the world's invested capital.

"2015 is an important year for our climate with the Paris conference COP21 as a milestone. In combating climate change all parts of society have to participate and we are extremely pleased that the dedicated efforts of BillerudKorsnäs now have been recognized by CDP. We have for many years been working hard on energy efficiency and on reducing our own greenhouse gas emissions. In addition to that we also see that our renewable packaging materials and solutions contribute by replacing fossil materials," comments Henrik Essén, Senior Vice President Communication and Sustainability at BillerudKorsnäs.

BillerudKorsnäs is also recognized for transparency and awarded a position on the Nordic Climate Disclosure Leadership Index (CDLI). The reported data has been independently assessed against CDP's scoring methodology and marked out of 100. Organizations graded within the top 10% in the region constitute the CDLI. BillerudKorsnäs has scored 99.

CDP, formerly Carbon Disclosure Project, is an international, non-profit organization providing a global system to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 822 institutional investors with assets of EUR 86 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. More than 5,500 companies disclosed environmental information through CDP in 2015.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 21 billion and is listed on Nasdaq Stockholm.