DS Smith Reports On ESG Ratings
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Packaging company DS Smith has reported its progress in five leading corporate ESG ratings in 2021. The company was placed on the ‘A List’ for protecting water resources by global environmen- tal not-for-profit charity CDP, who run global dis- closure systems to help organizations manage their environmental impacts. DS Smith was acknowledged as a leader on cor- porate environmental ambition and action through CDP’s annual environmental disclosure and scor-
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Greg Kishbaugh / 317-306-1060 / flexo@nvpublications.com
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ing process. Additionally, the company increased its CDP Climate Change score from ‘B’ in the previous year to ‘A-‘ in 2021. Earlier last year, DS Smith gained an ‘AA’ score from MSCI (up from ‘A’), a lower risk score from Sustain- alytics, a ‘Platinum’ score from EcoVadis (up from ‘Gold’) and a score of 67 points on the S&P Glob- al Corporate Sustainability Assessment (up from 51 points, with maximum scores in several categories). Through its Now and Next sustainability strategy, the company has set targets that focus on closing the loop through better design, protecting natu-
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ral resources by making the most of every fibre, reducing waste and pollution through circular solutions and equipping peo- ple to lead the transition to a circular econ- omy. This in- cludes achieving
at least a 40 percent reduction in CO2e emissions per tonne of production compared to 2019, and Net Zero emissions by 2050.
8 January 3, 2022 Flexo Market News
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