Sappi Ltd 2022 IR
The report highlights Sappi's record financial performance in fiscal year 2022, achieving an EBITDA of US$1,339 million despite global macroeconomic challenges. The company successfully commissioned its dissolving pulp capacity expansion project at the Saiccor Mill and approved a US$418 million investment to convert and expand paperboard capacity at the Somerset Mill. Additionally, Sappi signed an agreement to divest three European graphic paper mills to align with its Thrive25 strategy of reducing graphic paper exposure. The company also achieved validation of its 2030 science-based decarbonisation targets by the Science Based Targets initiative (SBTi) and established its first sustainability-linked financing framework.
Company: Sappi Ltd
Sector: Materials
Country: South Africa
Year: 2022
Type: IR
Pages: 202
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Sappi Ltd
Annual Integrated Report
The report highlights Sappi's record financial performance in fiscal year 2022, achieving an EBITDA of US$1,339 million despite global macroeconomic challenges. The company successfully commissioned its dissolving pulp capacity expansion project at the Saiccor Mill and approved a US$418 million investment to convert and expand paperboard capacity at the Somerset Mill. Additionally, Sappi signed an agreement to divest three European graphic paper mills to align with its Thrive25 strategy of reducing graphic paper exposure. The company also achieved validation of its 2030 science-based decarbonisation targets by the Science Based Targets initiative (SBTi) and established its first sustainability-linked financing framework.
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Document Details
Report Year
2022
Reporting Period
Oct 1, 2021 - Sep 30, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Renewable Energy
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Employees