A FTSE 100 Company.
Smurfit Kappa is one of the leading producers of paper-based packaging

We operate in 32 countries - 21 in Europe, and 11 in the Americas - with around 41,000 employees and third party sales revenue amounted to €7.9 billion in 2013.

We are an integrated producer, with our packaging plants sourcing the major part of their raw material requirements from our own paper mills. In turn, the sourcing of recovered fibre and wood for the mills is managed through a combination of our own reclamation and forestry operations and purchases from third parties.

We primarily produce corrugated packaging, with our operations supported by a strong network of containerboard mills. As the market leader in both regions, we are strongly focused on the needs of our customers, with a market driven approach aimed at optimising the value of the package. In addition to corrugated and containerboard, we have leading positions in several other market segments including solid board and solid board packaging and graphic board.

Our headquarters are in Dublin with regional headquarters in Paris (Europe) and Miami (the Americas).

We are

No. 1 European market position in corrugated packaging, containerboard, solid board and solid board packaging

No. 2 World market position for the production of corrugated packaging

We turnover

€7.9 billion sales revenue in 2013


We employ

41,000 people worldwide


We operate in

21 countries in Europe


11 countries in the Americas


We own

38 mills (27 produce containerboard)


231 packaging converting plants


47 recovered fibre facilities


32 other production facilities


104,000 hectares of Latin American forest plantations


http://www.smurfitkappa.com/vHome/com/Pages/Default.aspx

Statement re Euronext Vigeo Eiris
BUS
Statement re Euronext Vigeo Eiris
Smurfit Kappa Group PLC

Smurfit Kappa demonstrates sustainability leadership with Euronext Vigeo Eiris listing for sixth consecutive year
Smurfit Kappas industry-leading commitment to sustainability has been recognised once again by the Euronext Vigeo Eiris index. The packaging leader was listed on the sustainability index for the sixth year in a row after distinguishing itself for its Environmental, Social and Governance (ESG) performance.
The Euronext Vigeo Eiris index is composed of the 120 highest-ranking listed companies for corporate social responsibility performance. To qualify, companies are subject to examination of their sustainability programme by a team of analysts which reviews up to 330 indicators. Only companies that can produce hard evidence of their sustainability programmes and score highly against industry benchmarks make the final list.
Smurfit Kappas annual Sustainable Development Report provides a detailed and transparent update on its ESG performance in five strategic areas of focus: Climate Change, Forest, Water, Waste and People.
In the 2017 report, which was launched earlier this year, the company announced several key sustainability achievements including meeting three targets relating to water, climate change and health and safety ahead of time. The report also revealed that Smurfit Kappa has invested approximately 5 million in social and scientific projects to benefit the communities in which it operates.
Steven Stoffer, Group VP Development at Smurfit Kappa, said: We are delighted to have been listed on this prestigious index again. For Smurfit Kappa, sustainability is not only about mitigating climate change and reducing inefficiency, it is also about taking a sustainable approach to every aspect of our business.
With a growing number of investors and funds incorporating ESG criteria into their investment decisions, its vital for us to provide this assurance. Many of our customers also expect their business partners to have a genuine commitment to corporate social responsibility and this is something that Smurfit Kappa has won several supplier awards for.
Smurfit Kappa is also listed on the FTSE4Good, Ethibel and STOXX Global ESG Leaders investor rating systems.

Statement re Scania Collaboration
BUS
Statement re Scania Collaboration
Smurfit Kappa Group PLC




24th July 2018
Smurfit Kappa and Scania collaborate on sustainable and optimised packaging solution
Smurfit Kappa worked with global transport provider Scania to replace some of the materials used in its supply chain with paper-based packaging solutions.
The packaging leader was working with the Scania Parts Logistics division which is responsible for the distribution of all Scania parts. Scania has a complex supply chain with many different sized products, some of which are particularly fragile.
Scania had a requirement for packaging for truck windows that were currently transported using four different materials, which included wooden pallets and expanded polystyrene (EPS).
Smurfit Kappa used its SupplySmart service to review every aspect of Scanias supply chain. The analysis was then compared with insights that have been gathered from over 60,000 supply chains to identify opportunities to make sustainable changes.
Smurfit Kappa came up with an innovative new concept that replaced the EPS interior and wooden pallet with honeycomb, a completely sustainable, paper-based material. Along with the switch from multiple materials to a single material solution, the storage space required was cut by 50% which resulted in significant transportation savings for Scania.
Brechtel Coox, Packaging Engineer at Scania Parts Logistics said: "After a comprehensive review of the challenging brief that we presented them with, Smurfit Kappa managed to present us with an ingenious solution that exceeded all our expectations.
Scania Parts Logistics depends on an optimised supply chain so we can guarantee our customers a first-class service.
Erik Bunge, CEO of Smurfit Kappa Corrugated Benelux added: "This project was the result of a collaborative process between Smurfit Kappa and Scania Parts Logistics. Our starting point was to see how we could optimise their supply chain in terms of time, costs and sustainability.
The paper-based solution we came up with which combines corrugated and honeycomb production capabilities within is strong and enables us to deliver an innovative and reliable service to our valued partner Scania.
ENDS

Half year report

09:10 22/08/2018
Broker Forecast - Jefferies International issues a broker note on Smurfit Kappa Group PLC
Jefferies International today reaffirms its buy investment rating on Smurfit Kappa Group PLC (LON:SKG) and raised its price target to 3750p (from 3460p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Statement re Sustainability Goals
BUS
Statement re Sustainability Goals
Smurfit Kappa Group PLC

Smurfit Kappa continues to build on sustainability achievements with new set of goals
Smurfit Kappa has taken the next step forward in its sustainability journey by rolling out an ambitious new set of goals.
The packaging leader has had a long-term commitment to making real and measurable progress against its five strategic sustainability priorities of forest, climate change, water, waste and people.
Earlier this year, Smurfit Kappa announced that it had met, and in some cases exceeded, its previous sustainability goals in the areas of people, climate change and water with the last two goals achieved three years ahead of their 2020 deadline.
While Smurfit Kappas paper-based packaging is renewable, recyclable and biodegradable, the paper production process itself is resource-intensive so a new set of goals has been outlined to build on the progress already made. These are:
Maintaining >90% chain of custody certification of annual customer deliveries
Maintaining 100% chain of custody operating system certification
Assessing energy usage reduction opportunities in converting operations by 2020
Performing water risk assessments for paper mills not yet assessed by 2020
Decreasing water discharge intensity by 60% by 2025 compared to 2005
Decreasing paper mill fossil intensity by 40% by 2030 compared to 2005
Reducing the amount of waste sent to landfill by 30% by 2025
In the area of People a new Health and Safety goal has been set which aims to reduce the Total Recordable Incident Rate (TRIR) by 5% annually.
Speaking about the new goals, Steven Stoffer, VP of Development, said: This new set of goals has been drawn up to make sure we retain our leadership in the field of sustainability by reflecting the ambitious EU sustainability agenda into the targets for our global operating network and thereby continuing to push for sustainable innovation.
Over the past few years we have made solid progress in our efforts to contribute to a more sustainable society and we are keen to continue on this journey collaborating with our various groups of stakeholders.
Smurfit Kappa releases a Sustainable Development Report every year which contains a detailed overview of its sustainability performance, strategic direction and a review of the businesses underpinning its strategy.
ENDS

4 Jan
Jefferies...
2,600.00
Buy