Sappi Included in the FTSE/JSE Responsible Investment Index Top 30 Index and FTSE4Good Index Series
JOHANNESBURG, July 31, 2018 /3BL Media/ - Sappi Limited, the leading global producer of dissolving wood pulp, specialities and packaging papers, printing and writing papers as well as biomaterials and biochemicals, is pleased to announce its inclusion in the FTSE/JSE Responsible Investment Index Top 30 index.
Sappi has also been confirmed as a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
In addition, Sappi has been classified as “Prime” by ISS-oekom, one of the world’s leading ESG research and rating agencies for sustainable investments.
According to Graeme Wild, Group Head Investor Relations and Sustainability, “With growing evidence of investors incorporating ESG issues into their investment decision-making, these achievements are highly positive for Sappi. They highlight our focus on continuous improvement, providing evidence that transparent reporting on the most important measures of sustainability for our organisation is paying off.
“At Sappi we believe that sustainable growth must emanate from a solid foundation where we do not focus exclusively on profits, but rather, balance our need to generate Prosperity by promoting the interests of People while respecting the boundaries of the Planet.“
About Sappi Limited
A global leader in dissolving wood pulp and paper-based solutions, Sappi Limited (listed and in the Top 40 on the JSE - SAP), is headquartered in Johannesburg, South Africa; has over 12,000 employees; manufacturing facilities on three continents, in nine countries (ten operations in Europe, three operations in America and five operations in South Africa) and customers in over 150 countries worldwide
Sappi works closely with customers to provide relevant and sustainable dissolving wood pulp, paper (speciality, packaging and graphic), paper pulp, and biomaterial products and related services and innovations. Our market-leading range of paper products includes: flexible packaging, label, release liner, containerboard and fluting, coated fine papers, casting release papers and in our Southern African region newsprint, uncoated graphic and business papers. These products serve the fashion, FMCG and industrial sectors. Our dissolving wood pulp products are used worldwide by converters to produce viscose fibre, pharmaceutical products as well as a wide range of household and consumer products.
We continue to grow into a profitable and cash-generative diversified business with an exciting future in woodfibre, a renewable resource.