Southern Africa

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SA
Globally accredited sustainability ratings provider EcoVadis has scored Sappi Southern Africa Platinum Medal status in its assessment of how well the company has integrated sustainability principles into its business and management system.
Graeme Wild, Sappi's Group Head of Investor Relations and Sustainability, outlines how we're meeting the challenges of the Sustainable Development Goals (SDGs) head-on.
Sappi Limited today announced the completion and final terms of an offering of senior, unsecured, convertible unlisted registered bonds due in 2025 with an aggregate principal amount of ZAR1,800,000,000 by Sappi Southern Africa Limited (Sappi Southern Africa).
The Sappi Saiccor Mill situated in Umkomaas, KwaZulu-Natal hosted a high-level delegation from the office of the outgoing MEC for Economic Development, Tourism and Environmental Affairs (EDTEA), Ms Nomusa Dube-Ncube, as part of the KZN International Investment Conference.
While the basics of papermaking process has changed very little over the centuries, woodfibre only became the main raw material for mass paper production in the mid-19th century. The key advantage of using woodfibre is that it is a natural renewable resource.
The internal Technical Innovation Awards (TIA) underscore our view that innovation is not an end in itself, but an integral aspect of our business. It’s a way of operating that provides sustainable, competitive advantages and ensures we grow, flourish, and progress.
We’re unlocking the power of trees to make every day more sustainable – for the customers we serve, the communities where we operate and the planet we all call home.
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Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “The group’s performance over the past year was severely impacted by the Covid-19 pandemic, the related government lockdowns and the ensuing economic after-effects. While the first half of the year was satisfactory given that we started the year with dissolving pulp prices at historic lows, the third quarter saw the full impact of Covid-19 before a gradual recovery began in the fourth quarter, in particular for Dissolving Pulp (DP). The improvement is further evidenced by the quarter-on-quarter improvement in EBITDA from US$26 million to US$82 million.”
Sappi Dissolving Pulp has partnered with Birla Cellulose, one of the leading viscose manufacturers in the textile value chain, to provide a forest-to-garment traceability solution for brand owners.
By reducing our greenhouse gas emissions and scaling up nature-based solutions, Sappi is increasingly part of the solution to climate change.

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