The platinum rating is a new category rating for CSR performance and puts Mondi in the top 1% of companies in its industry, a position it has held since 2015.
EcoVadis, the global business sustainability ratings organization, annually assesses companies’ performance on international sustainability standards covering four key areas: environment, labor and human rights, ethics, and sustainable procurement. Mondi’s overall score of 82% for 2020 is up from 78% in last year’s assessment, with 90% in the Environment and Labour & Human Rights categories.
“Sustainability is core to Mondi’s approach, whether that’s providing sustainable packaging and paper solutions for our customers, looking after people and communities, or promoting biodiversity in forests. To be recognized by EcoVadis as an industry leader is testament to our dedication across the value chain and the action we are taking to deliver the UN SDGs as we look towards a more sustainable future,” said Gladys Naylor, group head of sustainable development at Mondi.
Mondi’s adoption of science-based greenhouse gas (GHG) reduction targets highlights its efforts in the transition to a low-carbon economy. The targets commit the Group to reducing specific scope 1 and 2 GHG emissions by 34% by 2025 and 72% by 2050. Having invested approximately €700 million on improving energy efficiency across its mills since 2013, it is already on its way to achieving this.
Mondi also sets the standard for responsible forest management in its global operations, managing around 2.1 million hectares of natural forest in Russia and 254,000 hectares of plantation forest in South Africa. All its forests are 100% FSC certified, with about 24% set aside for conservation and protection of biodiversity and ecosystem services.