Mondi plc is a leading global packaging and paper company based in the United Kingdom. The company operates in the Corrugated Packaging Matl sector and is committed to sustainability and decarbonisation. With a focus on renewable energy and corporate PPAs, Mondi is leading the way in reducing its carbon footprint and promoting sustainable business practices.

Mondi's commitment to sustainability is evident in its corporate energy strategy. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy. In 2019, Mondi launched its ambitious 10-year sustainability roadmap, which includes a target to reduce CO2 emissions by 30% by 2030. The company has also set a target to source 100% of its electricity from renewable sources by 2050.

One of the key ways that Mondi is reducing its carbon footprint is through the use of corporate PPAs. Corporate PPAs are long-term agreements between businesses and renewable energy providers that guarantee the purchase of a certain amount of renewable energy. By entering into these agreements, Mondi is able to secure a reliable source of renewable energy while also reducing its carbon footprint.

In 2020, Mondi signed a corporate PPA with a wind farm in Scotland. The agreement will provide Mondi with 23% of its electricity needs in the UK and is expected to reduce the company's carbon footprint by over 7,000 tonnes per year. Mondi has also signed a PPA with a solar farm in Spain, which will provide the company with 50% of its electricity needs in the country.

Mondi's commitment to renewable energy is also evident in its investment in renewable energy projects. In 2020, the company announced that it had invested in a new biomass plant in Slovakia. The plant will generate renewable energy from wood waste and will provide electricity and heat to Mondi's paper mill in Ružomberok. The plant is expected to reduce the mill's CO2 emissions by over 40,000 tonnes per year.

In addition to its focus on renewable energy, Mondi is also committed to decarbonisation. The company has set a target to reduce its Scope 1 and 2 emissions by 25% by 2030. To achieve this target, Mondi is investing in energy-efficient technologies and processes. The company is also working to reduce the carbon footprint of its products by developing more sustainable packaging solutions.

Mondi's commitment to sustainability extends beyond its energy strategy. The company is also focused on reducing waste and promoting circularity. Mondi has set a target to reduce its waste generation by 30% by 2025. The company is also working to promote the use of sustainable materials and to develop more sustainable packaging solutions.

Mondi's sustainability efforts have been recognised by a number of organisations. In 2020, the company was included in the Dow Jones Sustainability Index for the twelfth consecutive year. Mondi was also named as one of the world's most sustainable companies by Corporate Knights.

In conclusion, Mondi plc is a leading global packaging and paper company that is committed to sustainability and decarbonisation. With a focus on renewable energy and corporate PPAs, Mondi is leading the way in reducing its carbon footprint and promoting sustainable business practices. The company's commitment to sustainability extends beyond its energy strategy and includes a focus on reducing waste and promoting circularity. Mondi's sustainability efforts have been recognised by a number of organisations, demonstrating the company's leadership in sustainable business practices.