BillerudKorsnäs leader in Dow Jones Sustainability Index

Ranks first for the third year in a row

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BillerudKorsnäs
BillerudKorsnäs leader in Dow Jones Sustainability Index

An integrated sustainability work and an ambition to constantly meet customers’ sustainability requirements are reasons why BillerudKorsnäs maintains its leading position for the third year in a row, according to the Dow Jones Sustainability Index – a globally recognized sustainability ranking for investors. The results from this year’s ranking show that BillerudKorsnäs is one of the ten percent most sustainable companies and the company with the highest score in the Containers & Packaging category.

S&P Corporate Sustainability Assessment (CSA) is a comprehensive annual evaluation of companies’ sustainability practices and performance with a coverage of over 7,300 companies representing approximately 95 percent of market capitalization. The top ten percent are included in the Dow Jones Sustainability World Index.

We are very happy to keep our position as the industry leader. This is a result of many years of integrated sustainability work, covering everything from human rights to climate strategy. In recent years, we have noticed an increased interest from investors and customers regarding our sustainability work and our ability to replace fossil-based packaging materials. Assessments such as Dow Jones Sustainability Index are valuable to show that we have come quite far,” says Malin Ljung Eiborn, Sustainability director at BillerudKorsnäs.

The evaluation is based on an analysis of corporate governance, environmental, and social work. Out of 22 categories, BillerudKorsnäs has received the highest score in the industry within 11 categories, such as occupational health & safety, supply chain management, and talent attraction & retention.

We have improved our total score compared to last year, which is a result of focused work, especially on customer relationship management and product stewardship. However, we need to continuously improve our performance to stay on top. Both the assessment model and our peers are constantly evolving. In our strategy towards 2024, we put emphasis on putting safety first and reducing our fossil emissions. This assessment confirms that this is the right focus for us as a company,” says Malin Ljung Eiborn.

BillerudKorsnäs is one of seven Swedish companies that are included in the Dow Jones Sustainability World Index. A total of 61 different industries are included in the Dow Jones Sustainability Index.

 

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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– Naresh Khanna

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