Sub-theme: Circular economy
Smurfit WestRock collects, manufactures and sells recycled cardboard packaging. The company is listed in the US and operates throughout Europe and the Americas. Smurfit Westrock is a global leader in sustainable packaging with clients in food, beverages, household consumables and industrial markets.
Impact Score: 37%
Recycled cardboard is a preferable packaging material in many applications with lower environmental impacts compared to other materials. The company is vertically integrated but recycled cardboard is widely available from different providers.
Fundamental Quality: 68%
Smurfit Westrock is the result of a merger between Smurfit Kappa and Westrock. Due to the complementary nature of the portfolios, the combined business has significant scale and unique product diversity. There is a clear focus on sustainability as a driver of innovation and customer value. There is also scope for improved operating efficiency and increased returns.
(per £1m invested)
- Biodiversity impacts
- Executive remuneration
- Human rights
- Product impact
- Significant forestry assets with impact on biodiversity
- Risks to labour and community rights in regions with weaker governance
- Manufacturing processes are water and energy intensive