Mondi wins Nedbank Capital Award for its sustainable business achievements

Mondi has been recognised as a Sector Category winner in three areas of it’s work:

• Mondi Wetlands Programme: Mondi has taken a leading role in promoting the awareness, better management and protection of wetlands and the rehabilitation of damaged or degraded wetlands. It does so through its 20-year old partnership with the Mondi Wetland Programme (MWP) - A conservation partnership between WESSA and WWF. As such, Mondi continues to minimize the impact of its plantations and forestry activities on the environment. Together with these NGOs and other research bodies, it helps protect vulnerable ecosystems such as indigenous forests, wetlands and grasslands, and limits any degradation of natural resources.
   
• Renewable energy efficiencies and usage: Mondi’s climate change policy considers both the consequences and mitigation of climate change, not only in regard to our business and our business environment, but also in respect of our communities. As a mitigating measure and a commitment to lowering its carbon footprint, Mondi (1) responsibly measures and manages its carbon footprint and (2) conducts sustainable forest management practices, including afforestation, reforestation and the use of low-carbon footprint forest products.
   
• Mondi’s family of Green Range products: The Green Range is Mondi’s umbrella brand for packaging and paper solutions that are part of the Group’s drive to become more eco-efficient. The products are optimised to save natural resources and reduce waste, and are certified accordingly by internationally recognised bodies for their sustainability. The product family also promotes environmentally preferred purchasing and provides support for Mondi’s customers in their efforts to be more environmentally responsible.

This award celebrates Mondi’s commitment to sustainable business through its ongoing investment in the management and preservation of ecosystems and biodiversity, its effective management of renewable energy, and in the manufacturing of value-adding innovative products that meet customer demand in a responsible, sustainable way.

As such, Mondi remains committed to creating long-term value for its stakeholders by transforming renewable resources into innovative product solutions that meet customer needs in a responsible, cost-effective and sustainable way.

“I am very proud of this award. At Mondi, it has always been our view that actions speak louder than words. So, with sustainable development an integral part of our business, this award is testament to our ongoing commitment in this regard” says David Hathorn, chief executive of Mondi Group.

Left to Right: Mike Brown (Nedbank Group chief executive), Lora Rossler (Mondi Group: Head of Corporate Affairs) receiving the award on behalf of Mondi, and Brian Kennedy (Group Managing executive, Nedbank Capital). 

About the awards:

The Nedbank Capital Sustainarble Business Awards promotes and recognises the contribution that business and business leaders make to the sustainable development of South Africa and the rest of the African continent, with a focus on balancing economic objectives, social upliftment and environmental stewardship.

About Mondi:

Mondi is an international packaging and paper Group, with production operations across 30 countries and revenues of €5.8 billion in 2012. The Group's key operations are located in central Europe, Russia and South Africa and as at the end of 2012, Mondi employed 25,700 people.

Mondi Group is fully integrated across the packaging and paper value chain, from the growing of wood and the production of pulp and paper (packaging paper and uncoated fine paper), to the conversion of packaging paper into corrugated packaging, industrial bags, extrusion coatings and release liner. Mondi is also a supplier of innovative consumer packaging solutions, advanced films and hygiene products components.

Mondi Group has a dual listed company structure, with a primary listing on the JSE Limited for Mondi Limited under the ticker code MND and a premium listing on the London Stock Exchange for Mondi plc, under the ticker code MNDI. The Group has been recognised for its sustainability through its inclusion in the FTSE4Good Global, European and UK Index Series (since 2008) and the JSE's Socially Responsible Investment (SRI) Index since 2007. The Group was also included in the Carbon Disclosure Project’s (CDP) Carbon Disclosure Leadership Index for the third year and in CDP’s Carbon Performance Leadership Index (CPLI) for the first time in 2012.