Sappi included in FTSE/JSE Responsible Investment Index Top 30 index (8/07/2018)

Sappi included in FTSE/JSE Responsible Investment Index Top 30 index (8/07/2018) 

Sappi has also been confirmed as a constituent of the FTSE4Good Index Series.

Sappi Limited, South Africa, a leading global producer of dissolving wood pulp, specialties and packaging papers, printing and writing papers, as well as biomaterials and biochemicals, this week announced 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, New York, N.Y., USA, 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 of 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 organization 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.

Sappi Ltd., headquartered in Johannesburg, South Africa, has more than 12,000 employees, manufacturing facilities on three continents, in nine countries (10 operations in Europe, three operations in America, and five operations in South Africa), and customers in 150-plus countries worldwide

Sappi’s range of paper products includes flexible packaging, label, release liner, containerboard and fluting, coated fine papers, casting release papers and in its Southern African region, newsprint, uncoated graphic, and business papers. These products serve the fashion, FMCG, and industrial sectors.

More information about Sappi is available online.