NEWS

22/11

Segezha Packaging published its first UN Global Compact Communication on Progress

Segezha Packaging, which consolidates the European paper packaging production facilities of Segezha Group, published its first UN Global Compact Communication on Progress report. The document is prepared in accordance to the standards of the Global Reporting Initiative (GRI) and publicly available on the UNGC website.

“The company joined the UNGC in late 2018, having expressed its commitment to the 10 principles of the UN Global Compact, and intention to incorporate these principles into the corporate strategy, corporate culture and everyday activities,” said Rinat Stark, Chief Executive Officer of Segezha Packaging. “The Communication on Progress report is a key requirement from UNGC and expected to be submitted on the annual basis”.

The current report corresponds to the GC Active category and once again highlights the company’s commitment to the key principles in the area of human rights, labor relations, environmental safety and anti-corruption measures, as well as provides examples and detailed information on their integration and further development within the company.

The Global Contract is a UN initiative in the area of corporate social responsibility and sustainable development for the companies that follows responsible business practices, principles of integrity and fair competitive practices.

“We aim for continuous communication with our partners and other interested parties in regards to our progress & activities in the area of the corporate social responsibility. Moreover, we intend to actively support the joint programs, aimed at broad implementation of UN goals in the area of sustainable development,” Rinat Stark said. “We consider our participation in the Global Contract as an opportunity not only to use the best world practices, but also to share our experience.”

As part of the Corporate Sustainable Development Strategy 2021 (with the possible further extension until 2025) the following areas were defined by the company for further development: “Green Production,” “Responsible Supply Chain,” “Attractive Employer,” and “Comfortable Living Conditions in Forest Regions.” Moreover, Segezha Group was one of first among Russia’s leading industrial companies to publish non-financial reporting and to take part in the voluntary WWF Environmental Responsibility Rating.

Today the UN Global Compact includes more than 13,000 participants from 160 countries and more than 80 national networks. UNGC Participants affirm their commitment to UNGC Principles and SDGs, take responsibility to adjust business-models by changing commercial strategies in favor of more fair, ecological, and inclusive development of economy, territories, society and planet.