EANS-News: Mayr-Melnhof Karton AG MM Group has committed to net zero emissions until 2050
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Vienna - The Mayr-Melnhof Group (MM) has joined the global "Business Ambition
for 1.5°C" initiative to contribute to limiting global warming to 1.5 degree
through appropriate measures. As part of this initiative, launched by the UN
Global Compact and Science Based Targets initiative (SBTi), among others, MM
commits to setting science-based targets to seek for net-zero emissions in the
whole value chain by 2050 at the latest. MM thus increases the pace of
engagement on climate change at the time of major global milestones such as the
UN Climate Change Conference COP26.
Peter Oswald, CEO of the MM Group: "MM is a Sustainability Company at the
forefront of plastic waste prevention with innovative recyclable packaging made
from renewable raw materials. In addition, the reduction of greenhouse gas
emissions to mitigate climate change is an integrated and integral part of our
corporate strategy. That's why we set ourselves ambitious, science-based targets
and take an active part in the Business Ambition for 1.5°C initiative to jointly
drive a climate-friendly economy."
MM is Europe's leading producer of cartonboard and folding cartons with an
attractive offer in Uncoated Fine Papers and Packaging Kraft Papers. The focus
is on sustainable and innovative fiber-based packaging solutions. Including the
latest acquisitions, MM generates sales of approximately EUR 3.2 billion and
employs around 12,500 people.
Further inquiry note:
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
end of announcement euro adhoc
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issuer: Mayr-Melnhof Karton AG
Brahmsplatz 6
A-1040 Wien
phone: +43 1 50 136
FAX:
mail: investor.relations@mm.group
WWW: www.mm.group
ISIN: AT0000938204
indexes: ATX, ATX PRIME
stockmarkets: Wien
language: English