10 Feb 2023 --- This week in industry news, Smurfit Kappa was recognized as a top Environmental, Social and Governance (ESG) performer and SIG purchased 100% of the aluminum for its aseptic carton packs with certification to the Aluminium Stewardship Initiative (ASI). Meanwhile, Cruz Foam announced the launch of a new series of earth-friendly protective packaging products. In brief: Smurfit KappaSmurfit Kappa was recognized as a top ESG performer by leading research and analytics company Morningstar Sustainalytics. Following a thorough analysis of global companies, Smurfit Kappa’s 2022 ESG Risk Rating improved, seeing the FTSE 100 listed company positioned in Sustainalytics’ list of top rated companies both for the industry and regional categories. The ESG Industry Top Rated badge received by Smurfit Kappa is a global benchmark and reaffirms Smurfit Kappa’s ESG Risk Rating as “low-risk.” The rating was determined by several factors, including the company’s financial strength, circular business model and geography. In addition, Smurfit Kappa received the Regional Top Rated badge, which covers Europe and categorizes Smurfit Kappa’s ESG Risk Rating as “low-risk.”
