Mondi, a global packaging and paper manufacturer, has maintained its Platinum status in EcoVadis’ Corporate Social Responsibility (CSR) ratings. The Group’s overall score of 87% places Mondi among the top 1% of global companies assessed for the eighth consecutive year. We are delighted to have secured our position among the top 1% of companies globally in the EcoVadis ratings once again this year. This achievement underscores our continued dedication to realising our ambitious MAP2030 sustainability commitments and to transparent reporting on our progress. As a widely recognised global platform for sustainability and corporate social responsibility ratings, EcoVadis supports us in engaging with customers and suppliers - Gladys Naylor, Mondi Group Head of Sustainable Development.

The Navigator Company achieved a Sustainalytics’ ESG Risk Rating score of 17.2 in December 2020. This is an improvement over previous years and allows the company to maintain its "Low ESG Risk Company" status for investors. The ESG Risk Ratings by Sustainalytics measures a company's performance in terms of sustainability by evaluating exposure to material ESG (environmental, social, and governance) risks and how the Company manages those risks. Navigator ranks 5th among a list of 79 global companies assessed by Sustainalytics in the Paper & Forestry industry cluster and 4th in the subset of 62 global companies in the Paper & Pulp cluster.

European institutions have agreed on the Renewable Energy Directive REDII for the 2020s after the European Council adopted the agreement made earlier this summer. UPM welcomes the agreement that will increase the use of renewable energy to 32% in 2030 and requires 14% bioenergy to be used in transport. All the EU member states are obliged to implement a binding advanced biofuel blending mandate starting 2022. UPM Biofuels is one of the front-runners in the advanced biofuels industry. The UPM Lappeenranta Biorefinery, the world's first to produce wood-based renewable diesel and naphtha on a commercial scale, has proven the potential as a significant producer of truly sustainable advanced biofuels. UPM BioVerno, which reduces greenhouse gas emissions by over 80% compared with fossil fuels, has found a solid marketplace. Click read more below for additional detail.