Holmen, the forest industry group to which Iggesund Paperboard belongs, has been rated as one of 100 world leaders in business sustainability.
The United Nation’s Global Compact has set up a new global stock index (Global Compact 100 – GC 100) that takes into account the sustainability of a business and its financial performance.
Holmen is one of five Swedish companies, and the only forest industry company based in Sweden, to be included in the list of top 100 companies best at creating good returns through sustainable business practices.
“Naturally we’re delighted and proud to be included in the new GC 100 index,” said Lars Strömberg, Holmen’s director of sustainable and environmental affairs.
“The UN Global Compact is an important platform for companies committed to sustainable development, and the GC 100 index is a welcome addition.”
Since 2007 Holmen has been a member of the UN Global Compact, in which companies report their operations under 10 principles covering human rights, social conditions, the environment and anti-corruption. The GC 100 combines these results with a profitability requirement.
Category: Breaking News