Smurfit Kappa has secured its position as an industry leader in environmental, social, and governance (ESG) performance for the third consecutive year, according to Morningstar Sustainalytics, a prominent research and analytics firm. The company has achieved both Industry and Regional Top-Rated status, reaffirming its commitment to sustainable practices.
With a score of 10.7, Smurfit Kappa has been designated as “Low Risk,” positioning it at the forefront of the paper packaging industry in terms of ESG performance. This recognition places Smurfit Kappa as one of the top-rated companies evaluated by Sustainalytics in Europe. The company’s ESG risk rating has shown consistent improvement year-over-year, indicating effective management of material ESG issues.
Morningstar Sustainalytics evaluated over 14,000 companies worldwide across 42 industries, making it one of the most comprehensive assessments of ESG performance globally. Smurfit Kappa’s ESG Risk Rating was determined based on various criteria, including financial strength, circular business practices, and ethical conduct.
Garrett Quinn, Chief Sustainability Officer at Smurfit Kappa, emphasized the significance of the latest ratings, stating, “We are pleased to receive continued strong ESG Ratings from leading third-party providers, in this instance, from Morningstar Sustainalytics. The year-on-year improvement reflects our ongoing dedication to delivering best-in-class ESG performance for all our stakeholders.”
Smurfit Kappa is recognized for its role in the circular economy, offering renewable, recyclable, and biodegradable paper-based packaging solutions to a diverse customer base of over 65,000 worldwide.