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.

 

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are grown similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!

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