Sappi Ltd 2023 SR
The report highlights Sappi's sustainability performance for the 2023 fiscal year, focusing on its 'Thrive' strategy and commitment to a circular bioeconomy. Key achievements include reaching a record safety performance with zero fatalities and a reduced LTIFR of 0.24. The company successfully reduced its net debt to US$1,085 million, the lowest in 30 years. Despite production curtailments impacting energy and water efficiency targets, Sappi maintained high levels of certified woodfibre at 75% and progressed its science-based decarbonisation roadmap. Significant investments were made in circular products like Verve dissolving pulp and the expansion of the Somerset Mill to support sustainable packaging solutions.
Company: Sappi Ltd
Sector: Materials
Country: South Africa
Year: 2023
Type: SR
Pages: 185
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Sappi Ltd
Sustainability Report
The report highlights Sappi's sustainability performance for the 2023 fiscal year, focusing on its 'Thrive' strategy and commitment to a circular bioeconomy. Key achievements include reaching a record safety performance with zero fatalities and a reduced LTIFR of 0.24. The company successfully reduced its net debt to US$1,085 million, the lowest in 30 years. Despite production curtailments impacting energy and water efficiency targets, Sappi maintained high levels of certified woodfibre at 75% and progressed its science-based decarbonisation roadmap. Significant investments were made in circular products like Verve dissolving pulp and the expansion of the Somerset Mill to support sustainable packaging solutions.
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Document Details
Report Year
2023
Reporting Period
Oct 2022 - Sep 2023
Fiscal Year
2023
Published
Dec 14, 2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Employees