Sappi’s international Revolving Credit Facility (RCF) of EUR 515 million benefits from our newly developed Sustainable Financing Framework. This is more proof of our sustainability promise and contributions to the circular economy.
Project Vulindlela is our multi-billion-rand expansion project to boost Saiccor Mill’s dissolving pulp (DP) capacity by 110,000 tons per annum. The project has significant benefits for people, the planet and prosperity in South Africa.
The Science Based Targets initiative (SBTi) has approved our target to reduce carbon emissions 41.5% per ton of product by 2030, as well as our commitment that 44% of our suppliers by spend have science-based targets by 2026.
At Sappi, we’re not just talking about sustainability and our SDG commitments. We’re taking robust action and making measurable and continuous progress everywhere we operate. Progress that EcoVadis has now confirmed by awarding all three of our manufacturing regions platinum sustainability status for the third time. This achievement places Sappi in the top 1 per cent of companies the organisation reviewed in 2021.