Sappi Ltd. is a leading global provider of sustainable woodfibre products and solutions, with a strong presence in the paper sector. Headquartered in Johannesburg, South Africa, the company has operations in North America, Europe, and Southern Africa, and employs over 12,000 people worldwide.

Sappi's mission is to create value from renewable resources, and the company is committed to decarbonisation and reducing its environmental impact. One of its key strategies is to shift towards renewable energy sources, and it has set ambitious targets to increase the proportion of renewable energy in its operations. Sappi aims to achieve a 25% reduction in greenhouse gas emissions by 2025, and a 50% reduction by 2030, compared to its 2014 baseline.

To achieve these targets, Sappi has implemented a range of initiatives to increase energy efficiency and reduce its reliance on fossil fuels. One of its key initiatives is the use of corporate power purchase agreements (PPAs) to source renewable energy directly from wind and solar farms. Sappi has signed several PPAs in recent years, including agreements with Enel Green Power in South Africa and BayWa r.e. in Europe. These agreements provide Sappi with a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

In addition to sourcing renewable energy through PPAs, Sappi has invested in its own renewable energy projects. The company operates several biomass and biogas plants, which generate energy from waste products such as wood chips and wastewater. Sappi's Ngodwana Energy Biomass Project, located in South Africa, is one of the largest biomass plants in the country and generates enough energy to power over 20,000 homes.

Sappi is also focused on improving its energy efficiency, and has implemented a range of measures to reduce energy consumption across its operations. These include upgrading equipment, optimising processes, and implementing energy management systems. Sappi has also invested in energy-efficient technologies, such as LED lighting and heat recovery systems, to further reduce its energy consumption.

In addition to its focus on decarbonisation and renewable energy, Sappi is committed to sustainable forestry practices and responsible sourcing. The company sources its woodfibre from sustainably managed forests and has implemented a range of initiatives to promote responsible forestry practices. Sappi is also a member of several industry associations and initiatives focused on sustainability, including the Forest Stewardship Council (FSC) and the World Business Council for Sustainable Development (WBCSD).

Sappi's commitment to sustainability is reflected in its business strategy and operations, and the company has received recognition for its efforts. In 2020, Sappi was named one of the world's most sustainable companies by Corporate Knights, a leading sustainability research firm. The company was also recognised by the Carbon Disclosure Project (CDP) for its leadership in climate action and received an A- rating for its efforts to reduce greenhouse gas emissions.

In conclusion, Sappi Ltd. is a leading global provider of sustainable woodfibre products and solutions, with a strong focus on decarbonisation and renewable energy. The company is committed to reducing its environmental impact and has set ambitious targets to increase the proportion of renewable energy in its operations. Through initiatives such as corporate PPAs and investment in renewable energy projects, Sappi is leading the way in the transition to a low-carbon economy.