DS Smith has published the Sustainability Review 2017 which celebrates achieving both CO2e and water reduction targets four years ahead of schedule, and reflects the DS Smith vision to be the leading supplier of sustainable packaging solutions.
Titled ‘Shaping the Circular Economy’ the report focuses on the role of DS Smith in the circular economy, both through its own integrated, closed-loop business model and through the Group’s focus on working with customers, to use packaging as an enabling tool in creating more efficient supply chains.
Building on last year’s review, DS Smith discusses the progress that has been made regarding each of their seven priority sustainability topics, their expanded stakeholder engagement strategy, and commitments for the coming year.
“Whilst we are always working to reduce our environmental impact and realise the potential of our people, as a leading supplier of packaging solutions we also recognise the role we can play in helping our customers operate more sustainably. We listen to our stakeholders, understand our impacts, assess new opportunities, and take action”Ian Simm, Chairman of the Sustainability Committee
Achievements over the last 12 months
• 6% revenue growth increase, at constant currency
• Increase in external benchmark scores, achieving 95B Management in CDP and Gold in EcoVadis
• 330 Impact Centre workshops for customers and participation in a wide range of industry and stakeholder initiatives
• 6.7% reduction in our emissions per tonne produced
• 85% of sites FSC® certified• 100% of sites participated in the Sedex Self-Assessment Questionnaire, laying the foundations for further development in traceability and transparency activities
• 19% reduction in accident frequency rate
• 207 sites with zero lost time accidents, continuing our long-term goal towards a zero accident workplace
• Continued contributions to our communities through the DS Smith Charitable Foundation
The Sustainability Review remains an important, consolidated update to all stakeholders on how DS Smith is conducting business in a responsible and sustainable manner and the next steps which will be taken to continuously improve performance.
"We are proud to share our inspiring stories and to promote best practice across our business. By continuing to transparently measure our performance, we can challenge one another and ourselves to lead the way in sustainability.”