FMN | February 1st, 2021

Sustainability Goals (Cont’d from Page 1)

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footprint in water usage, waste and carbon emissions and supporting its communities, promoting inclusion and diversity as well as health and safety.According to Smurfit Kappa, the targets identified are specific, mea- surable and provide a road map to deliver results in the short, medium and longer time frames. Smurfit Kappa said it plans to further increase its cer- tified deliveries to customers to 95 percent, up from its current 90 percent target. Chain of custody-certi- fied deliveries are essential in providing transparency and traceability to customers who have trust and con- fidence that our raw materials are sustainably sourced, the company stated. Caring For People As a large processor rather than a large consumer of water, the company plans to reduce its overall wa- ter intake with the updated target. As a manufacturer of products that are renewable, recyclable, recycled and biodegradable, the company said it will continue to seek alternative ways to reuse, recycle and recov- er waste material to reduce waste to landfill. In 2020, Smurfit Kappa said it set its most ambitious target to date when it announced a goal to achieve at least net zero CO2 emissions by 2050. Demonstrating Smurfit Kappa’s care for its people and support for communities in which it operates, the company is targeting a range of measures including a further annual reduction in its total recordable injury rate (TRIR). Separately and in addition, the company says its ambition is to ensure female gender represen- tation is above 30 percent. Finally, Smurfit Kappa is committing to donate more than 24 million euros (or about $29 million) in the next five years to support community initiatives. Additionally, Smurfit Kappa recently aligned its sus- tainability ambitions and targets into its financing by embedding its sustainability targets via key perfor- mance indicators into its existing 1.35 billion euros (or about $1.64 billion) revolving credit facility, creating a sustainability-linked revolving credit facility. Rol-Tec Begins Headquarter Expansion Rol-Tec recently began construction of a 15,700-square-foot addition to its Green Bay, Wiscon- sin, headquarters where it manufactures rubber cov- ered rollers, metal roller bases, laser-engraved flexo sleeves, and tungsten carbide roller coatings for print- ing, industrial and converting operations throughout North America.

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4 February 1, 2021 Flexo Market News

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