EQS-News: Mayr-Melnhof Karton AG: MM Group awarded an “A-rating” in CDP climate rating

EQS-News: Mayr-Melnhof Karton AG: MM Group awarded an “A-rating” in CDP climate rating

EQS-News: Mayr-Melnhof Karton AG / Key word(s): Sustainability
Mayr-Melnhof Karton AG: MM Group awarded an “A-rating” in CDP climate
rating

19.12.2022 / 12:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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The MM Group (Mayr-Melnhof Karton AG) has been recognized for leadership
in corporate transparency and performance on climate change by the global
environmental non-profit charity CDP, securing a place on its annual “A
List”.

Based on data reported through CDP’s 2022 Climate Change questionnaire, MM
is one of a small number of companies^1) that achieved an “A-rating” – out
of more than 15,000 companies scored. In addition to the climate rating,
MM also disclosed data on the CDP questionnaires for Forests and, for the
first time in 2022, for Water Security. In both categories, MM Group was
awarded an excellent “B-rating”. This shows that ecological sustainability
at MM is implemented holistically, taking into account goals and measures
for the protection of climate, forests as well as waters.

Peter Oswald, CEO of MM Group, highlights:
“I am delighted about the first-time inclusion of MM in the A List of the
CDP, because this confirms our sustainability approach and efforts by an
independent organization.”

Thomas Greigeritsch, Head of Group Sustainability & Safety, MM Group,
comments:
“MM takes its global responsibility seriously in order to mitigate climate
change. Therefore, we have also defined challenging, science-based climate
targets and are focusing on measures to increase energy efficiency and the
share of renewable energy sources. Since a climate turnaround requires
united forces we very much want to encourage other companies to do the
same.”

CDP’s annual environmental disclosure and scoring process is widely
recognized as the gold standard of corporate environmental transparency. A
detailed and independent methodology is used by CDP to assess these
companies, allocating a score of A to D- based on the comprehensiveness of
disclosure, awareness and management of environmental risks and
demonstration of best practices associated with environmental leadership,
such as setting ambitious and meaningful targets.

^1) The full list of companies that made this year’s CDP A List is
available here:
 [1] https://www.cdp.net/en/companies/companies-scores

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About MM Group
MM is a leading global producer of cartonboard and folding cartons with an
attractive offer in kraft papers and uncoated fine papers for various end
applications. MM promotes sustainable development through innovative,
recyclable packaging and paper products. 

About CDP
CDP is a global non-profit charity that runs the world’s environmental
disclosure system for companies, cities, states and regions. CDP pioneered
using capital markets and corporate procurement to motivate companies to
disclose their environmental impacts, and to reduce greenhouse gas
emissions, safeguard water resources and protect forests.
 

For further information, please contact:
Stephan Sweerts-Sporck, Investor Relations
Mayr-Melnhof Karton AG, Brahmsplatz 6, A-1040 Vienna, Austria
Tel.: (+43/1) 50136 – 91180, e-mail: investor.relations@mm.group
Website: https://www.mm.group

 

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19.12.2022 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: Mayr-Melnhof Karton AG
Brahmsplatz 6
1040 Wien
Austria
Phone: 0043 1 501 36 91180
Fax: 0043 1 501 36 91391
E-mail: investor.relations@mm.group
Internet: www.mm.group
ISIN: AT0000938204
WKN: 93820
Indices: ATX
Listed: Regulated Unofficial Market in Berlin, Frankfurt (Basic
Board), Munich, Stuttgart; Vienna Stock Exchange (Official
Market)
EQS News ID: 1516493

 
End of News EQS News Service

1516493  19.12.2022 CET/CEST

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