BillerudKorsnäs is listed as the containers & packaging industry leader in the Dow Jones Sustainability Indices

BillerudKorsnäs, a leading manufacturers of packaging paper, was named sustainability leader in the category Containers & Packaging, and included in the Dow Jones Sustainability Index.

According to the announcement, in 2017’s assessment, BillerudKorsnäs advanced from belonging to the top 20% in Europe, to the 10% most sustainable companies in the world.

Per Lindberg, BillerudKorsnäs’ CEO, commented:

“Being included among the most sustainable companies in the world is a great honour to us. Contributing to sustainable development is and will continue to be the starting point for our long-term strategy of profitable growth. Sustainability is therefore an integral part of everything we do. In a broader context, that means to always strive to take sustainability work a little further, to challenge conventional packaging solutions and working methods, and thereby positively contribute to a globally sustainable future.”

Another industry player – UPM, was listed as the forest and paper industry leader in the Dow Jones Sustainability Indices for 2017-2018.

In 2Q2017 BillerudKorsnäs decreased EBITDA margin to 15.4%.

Earlier BillerudKorsnäs’s President and CEO leaves the company.

About BillerudKorsnäs:

The company is one of the leading manufacturers of packaging paper made from virgin fibers. It is headquartered in Solna, Sweden and emerged in 2012 from the merger of Billerud and Korsnäs and Voith Paper is a division of the Voith Group.

Source: Woodbizforum