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EcoVadis has awarded UPM a platinum score based on the company's sustainability performance in four categories: Environment, Labour and Human Rights, Ethics and Sustainable Procurement. Only one percent of the 130,000 global companies assessed received a platinum rating. UPM scored 81/100 in the Manufacture of Pulp, Paper, and Paperboard industry.
Nearly 10,000 Canadian rail workers will end their work stoppage after the Canada Industrial Relations Board sided with a federal order to resume operations at Canadian Pacific Kansas City and Canadian National Railway. The board also imposed binding arbitration to reach new collective agreements between the rail companies and the Teamsters Canada Rail Conference, the union representing the workers.
Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, today announced its recognition with Communitas Awards for three exceptional projects: "The Power of Trees" campaign; the Cloquet Water Savings Project; and the Somerset Mill Safety Record. These awards highlight Sappi's ongoing commitment to sustainability, innovation and workplace safety.
UPM Fibres renews its organisation by centralising its production operations in Finland under one top level organisation. The change will simplify the Fibres Business Area structure.
Amcor, a global leader in developing and producing responsible packaging solutions, announced the publication of its Decarbonization Roadmap to reduce greenhouse gas (GHG) emissions. Amcor's targets are aligned with the latest climate science aiming to limit global temperature rise to 1.5 degrees Celsius and validated by the Science-Based Targets initiative (SBTi).
Stora Enso, a leading global provider of renewable solutions for packaging, paper, and biomaterials, has announced a strategic partnership with Enkei, a Swedish design startup committed to creating sustainable products.
The price adjustments include timber, small sawn assortments, softwood pulpwood, hardwood pulpwood, fuelwood and grot. The price adjustments are aimed at stimulating forestry activities such as regeneration felling, thinning and conservation management.
Vattenfall and the newly established industrial collaboration Industrikraft, which currently consists of Alfa Laval, Boliden, SKF, Stora Enso and the Volvo Group, will work together to investigate the conditions for joint investments in new electricity production.
Healthy forests are essential to a healthy future for our planet: they mitigate climate change through carbon sequestration, clean our water and provide habitat that wildlife populations need to thrive. With more than 1.6 billion people reliant on them for their livelihoods, forests also deliver substantial economic benefits. And at International Paper, forests are at the heart of everything we do.
UPM has successfully issued a new EUR 600 million Green Bond under its EMTN (Euro Medium Term Note) Programme and Green Finance Framework. The bond matures in August 2034, pays a fixed annual coupon of 3,375% and is expected to be rated BBB+ by S&P Global Ratings. UPM will apply for the bond to be listed on the Irish Stock Exchange plc, trading as Euronext Dublin.
Innovations at Mondi's booth include the world's first mono-material vacuum coffee packaging, a new smooth-finished semi extensible kraft paper grade, a broad range of FunctionalBarrier Papers, and more.
Hygiene and health company Essity's targets to reach net zero greenhouse gas emissions by 2050 have been validated by Science Based Targets initiative (SBTi). The validation applies to all near- and long-term targets in Scope 1, 2, and 3. The roadmap has been developed as part of the U.N. Global Compact's "Business Ambition for 1.5°C". .
Cascades Inc. is the proud recipient of five awards recognizing the excellence of its employees and its sustainability efforts: four of the company's young leaders were named in Pulp & Paper Canada's 2024 Top 10 Under 40, and its innovative packaging solution, Cascades Fresh GUARD EnVisionTM, won a Canadian Grocer's 2024 Impact Award in the Sustainability category.
Smurfit Westrock plc announces that one of its indirect wholly owned subsidiaries, WRKCo Inc. ("WRKCo"), has applied to the Autorité des marchés financiers (the "AMF"), as WRKCo's principal securities regulator in Canada, for a decision that it has ceased to be a reporting issuer (the "Order Sought") in Québec, Manitoba and British Columbia (the "Canadian Jurisdictions").
Sofidel has been named a finalist in the Global CSR & ESG Initiative category for Ragan's CSR & Diversity Awards, recognized for its "Sofidel and Suzano for 'Together we plant the future'" campaign. This project, in collaboration with Suzano, reflects Sofidel's efforts to support environmental sustainability and social development. The recognition highlights the company's focus on meaningful global partnerships that contribute to positive change within the community and workplace.
The Magnera board of directors ("Magnera Board") will consist of nine directors, with five directors designated by Berry, three directors designated by Glatfelter, and the Chief Executive Officer.
Sustainable packaging company DS Smith has teamed up with home appliance company Versuni to launch a packaging solution for the new Philips Baristina coffee machine.
The ESG report outlines the company's Better, Every Day sustainability strategy and plans for achieving its new Better by 2030 sustainability goals designed to drive more circularity in its innovative paperboard consumer packaging, support a safe and inclusive culture, and protect environmental resources.
ISN expands support of paper and packing companies worldwide through new partnership with global leader in sustainable packaging.
Cascades is pleased to announce that its 60th anniversary mural project at its Kingsey Falls plant is now complete. The work was conceived and painted by Sherbrooke muralist Nicolas Lareau.
Senior Vice President Tom Plath to leave company at end of year
Lenzing receives highest CSR rating from EcoVadis for the fourth time in a row.
Metsä Group's pulp and sawmill business has once again achieved EcoVadis's highest level of recognition, the Platinum rating, for its sustainability efforts. Since 2019, Metsä Fibre has consistently been among the top one percent of pulp, paper, and cardboard manufacturers evaluated by EcoVadis. The company received particularly high marks (90 out of 100 points) for its responsible sourcing practices.
Sofidel, a global leading manufacturer of paper for hygienic and domestic use, is partnering with the Pennsylvania, New Jersey and Delaware Chapter of the Italian Scientists & Scholars in North America Foundation (ISSNAF) to launch the 2024 ISSNAF-PND/Sofidel AI Innovation in Marketing Award. The winner will receive a $3,000 grand prize.
Program enhancements include increased scholarship amounts and expanded enrollment capacity.
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