ESG due diligence remains a priority for dealmakers. In fact, respondents to the latest Global KPMG due diligence study report a rise in ESG priority in transactions over the last 12 to 18 months, despite challenges.
Through our innovative safety culture, health and wellness programs and ongoing training, we are able to attract and retain highly skilled people and help them realize their fullest potential in the organization.
At Sappi we are also committed to sustainable or “smart” consumption of paper, eliminating wasteful use. Only by using paper wisely and purposefully can we be assured of meeting growing demand for generations to come.
In fact, the Sustainability Accounting Standards Board (SASB) identified climate change as the most common issue of materiality across all industries. Their research found that climate change is material in 50 of the 57 industries for which they have issued standards to date. The wood products industry is no exception.
For the wood products industry, it is paramount that our natural resources are used sustainably. Wood supplies the bulk of renewable energy that drives our mills, and cellulose fibers comprise the primary ingredient in our paper and pulp products, making healthy and abundant forests critical to the long-term viability of each of our core businesses.
Sustainable production and consumption depends on using materials and energy efficiently so that there are ample resources available for future generations. Consideration must be given to the full life cycle of a service or product to fully understand its impact. At Sappi, we take a holistic view of papermaking and understand that our sphere of influence extends beyond our mill gates from responsible sourcing through to the end of life of our products.
Jennifer Miller discussed highlights of 2014 performance and what Sappi North America is doing to insure a sustainable future across all four of its businesses in this Q&A.
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