Responding to climate change is one of the greatest challenges of our times. As a global company, Sappi is committed to being part of the solution and is focused on decarbonising its operations. As part of its long-term global commitment to climate protection and sustainable production, Sappi will be abandoning the use of coal at its German site in Stockstadt as a next step.
Speaking at the 15th World Forestry Congress, held in Seoul (Korea), from 02 to 06 May 2022, Sappi Forests Vice President Duane Roothman, shone a light on South African commercial forestry plantations.
Due to continuing high cost and volatility in raw materials, energy and transportation Sappi Europe will be forced to increase its prices to its European customers by 8% from 15 May.
In order to maintain profitability and keep its mills running full, Sappi will implement a further price increase of 10% to its Woodfree paper grades effective for deliveries from early April latest beginning May depending on the market
When the community members of Nzinga requested assistance with the clearing of alien vegetation to improve access for their livestock for grazing purposes, the Sappi-WWF partnership saw this as a great fit for the work being done in the uMkhomazi catchment to improve water security in the area.
Following an intense selection process, Sappi’s ZAR1.8 billion 5-year Convertible Bond was recognised as the winner of the Bonds & Loans Africa Award for Structured Bond Deal of the Year for 2021 during an awards ceremony on 9 March 2022 in Cape Town