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.“