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.