S&P recognizes CMPC as a global sustainability leader in the forestry industry
The company was awarded the Global Industry Mover distinction and, being in the annual sustainability report, a recognition reserved for companies that have made the most remarkable progress in sustainability matters. In addition, it was ranked the second most sustainable company in the world in the industry of Pulp & Paper.
Each year, S&P and CSA Research publish a list of the top sustainability performers in their industries. The study analyzed a company’s economic, social and environmental performance. For the 2022 edition of the S&P Global Sustainability Yearbook, more than 2,100 companies were evaluated from 50 different industries, representing about 45% of the world’s market capitalization.
Among them, the Chilean company CMPC received the Global Industry Mover distinction, which recognizes those companies within the top 15% that participated in the CSA in 2021 and that this year, achieved an improvement in their S&P Global ESG score of at least 5% and obtained the most robust improvement in their industry.
CMPC’s Sustainability Manager, Nicolás Gordon, reacted to this recognition. “The basis of our work is to be increasingly sustainable through innovation and being a fundamental contribution to the environment and the community. This recognition continues to motivate us to continue to improve”.
The recognition is in addition to that received by CMPC a few months ago when it was recognized by the Dow Jones Sustainability Index (DJSI) as the second most sustainable paper and forest products company globally
CMPC, Global Leader in P&P:
Established in 1920, CMPC specializes in solid wood products, pulp, paper, tissue, personal care, and packaging across Latin America. The company employs 19,641 people worldwide, and annual sales are approximately USD 5,287 million. As an industry leader in sustainability, CMPC has committed to the Business Ambition for 1.5°C and Race to Zero global campaigns to accelerate the transition to a decarbonized economy.
