Environmental

UPM Timber has been awarded Timber Development UK's (TDUK) Sustainability Award. The Sustainability Award recognises a company that shows leadership in push for net zero emissions. TDUK is the largest, most comprehensive supply chain body for timber in the UK, with a mission to unite the supply chain, from sawmill to specifier, and to support a sustainable, net zero timber industry.

In addition to having its safest year ever, more than 94% of Amcor's flexible packaging portfolio by area had a recycle-ready solution available, and 95% of rigid packaging by weight was recyclable in practice and at scale.

Aligned with the company's strategic sustainability framework, Everyday Responsibility, the report details sustainability work and initiatives spanning three distinct yet equally important pillars: Resource Stewardship, Trusted Products, and Thriving People and Communities..

Rayonier Advanced Materials Inc. announced the publication of its 2023 Sustainability Report, which outlines the Company's progress in driving innovation, environmental stewardship, corporate social responsibility, and governance efforts. The report highlights RYAM's continued commitment to sustainable growth, as well as its dedication to operational excellence and community engagement.

Pregis® expands its EasyPack® on-demand paper systems portfolio with three curbside-recyclable solutions that will be featured at Pack Expo 2024. These additions strengthen the comprehensive Pregis paper systems portfolio, which supports a wide range of in-the-box applications such as block and brace, cushioning, void fill, and wrapping.

Suzano, the world's leading market pulp producer, announced new applications of its sustainable bio-based materials in China at the Suzano Bioeconomy Forum in Shanghai.

UPM Raflatac is pleased to announce the launch of its new Packaging Recyclability Guide, designed to help fast-moving consumer goods (FMCG) stakeholders across the packaging value chain navigate the complexities of packaging design and recyclability.

Cosmo Specialty Fibers Inc. has been hit with a $42,000 fine for failing to dispose of hazardous waste material that has accumulated at the property.

The solar VPPA is a significant step toward achieving Greif's climate target to reduce its Scope 1 and 2 greenhouse gas emissions by 28% by 2030, compared to a 2019 baseline.

Miles Roberts, chief executive of paper and packaging giant DS Smith, said the UK's high cost of electricity compared to the US and Europe was hurting the competitiveness of its businesses.

Collaboration will highlight and advance the role of climate-smart forestry in mitigating climate change.

Cascades Inc. welcomes the report published by Recyc-Québec and Circle Economy and urges businesses and consumers to embrace the circular economy.

Hygiene and health company Essity's targets to reach net zero greenhouse gas emissions by 2050 have been validated by Science Based Targets initiative (SBTi). The validation applies to all near- and long-term targets in Scope 1, 2, and 3. The roadmap has been developed as part of the U.N. Global Compact's "Business Ambition for 1.5°C".

Finnish forestry companies will work with the government to protect wildlife and avoid a repeat of an incident in August when endangered river pearl mussels were crushed by forestry machines, Environment Minister Kai Mykkanen said.

International Paper (IP) reaffirms its dedication to conserving forest ecosystems, nature and biodiversity with a $15.3 million investment to renew strategic alliances with key conservation partners, including the American Forest Foundation (AFF), National Fish and Wildlife Foundation (NFWF), The Nature Conservancy (TNC) and World Wildlife Fund (WWF). These collaborations are pivotal to IP's business strategy and Vision 2030 goal to conserve and restore 1 million acres of ecologically significant forestland.

LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced that the entirety of its LP®SmartSide®Trim & Siding product portfolio is now officially designated as carbon negative, reinforcing the product line's established reputation for resilience, performance and environmental responsibility.

Soilfood, a Nordic circular economy company, studies the utilisation of fibrous side streams from Metsä Board's mills and has identified a new use as raw material in animal bedding. Increasing the added value of secondary products made from side streams is a circular economy where raw materials are kept in use as long as possible.

Rayonier Inc. has released its 2023 Sustainability Report, which highlights the actions the company is taking to enhance the long-term sustainability of its land resources as well as the long-term well-being of its investors, employees, communities, and other stakeholders. This report illustrates Rayonier's ongoing commitment to transparency around Environmental, Social, and Governance (ESG) factors and how they are incorporated into its strategic and operational decision-making.

Amcor, a global leader in developing and producing responsible packaging solutions, announced the publication of its Decarbonization Roadmap to reduce greenhouse gas (GHG) emissions. Amcor's targets are aligned with the latest climate science aiming to limit global temperature rise to 1.5 degrees Celsius and validated by the Science-Based Targets initiative (SBTi).

Hygiene and health company Essity's targets to reach net zero greenhouse gas emissions by 2050 have been validated by Science Based Targets initiative (SBTi). The validation applies to all near- and long-term targets in Scope 1, 2, and 3. The roadmap has been developed as part of the U.N. Global Compact's "Business Ambition for 1.5°C".

Healthy forests are essential to a healthy future for our planet: they mitigate climate change through carbon sequestration, clean our water and provide habitat that wildlife populations need to thrive. With more than 1.6 billion people reliant on them for their livelihoods, forests also deliver substantial economic benefits. And at International Paper, forests are at the heart of everything we do.

Nature has rapidly risen in the global sustainability agenda and is soon, if not already now, sharing the top place with climate. This new focus is driving businesses to recognize their deep economic dependence on natural resources, with over half of the global GDP--around $44 trillion--moderately or highly reliant on nature.

Metsä Group's production units annually generate around 12 million tonnes of wood-based carbon dioxide, and the company is increasingly focusing on promoting its large-scale capture.

Sappi has awarded GAW technologies with an order to increase the efficiency of production processes - in detail to expand the storage of starch as well as a retrofitting / boosting of efficiency for pigment tanks at its Ehingen mill in Germany.

The bond matures in August 2034 and pays a fixed annual coupon of 3.375% and is rated BBB+ by S&P Global Ratings.