Smurfit Kappa Group is a leading global provider of sustainable and innovative packaging solutions, with a strong focus on decarbonisation and renewable energy. The company is headquartered in Dublin, Ireland, and operates in the Corrugated Packaging Materials sector.

Smurfit Kappa Group has a long-standing commitment to sustainability, and has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy sources. The company is committed to decarbonisation, and has implemented a range of initiatives to reduce its greenhouse gas emissions.

One of the key initiatives that Smurfit Kappa Group has implemented is the use of corporate power purchase agreements (PPAs) to source renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees a fixed price for the energy generated by the provider. By using corporate PPAs, Smurfit Kappa Group is able to secure a reliable and cost-effective source of renewable energy, while also reducing its carbon footprint.

In 2020, Smurfit Kappa Group signed a corporate PPA with a wind farm in Spain, which will provide the company with 100% renewable electricity for its operations in the country. The PPA will enable Smurfit Kappa Group to reduce its carbon emissions by over 45,000 tonnes per year, equivalent to taking more than 9,500 cars off the road.

Smurfit Kappa Group is also investing in renewable energy projects of its own, to further reduce its reliance on fossil fuels. The company has installed solar panels at several of its facilities, and is exploring the use of other renewable energy sources such as wind and biomass. By generating its own renewable energy, Smurfit Kappa Group is able to reduce its carbon footprint and increase its energy independence.

In addition to its focus on renewable energy, Smurfit Kappa Group is also committed to reducing its overall energy consumption. The company has implemented a range of energy efficiency measures across its operations, including the use of energy-efficient lighting and heating systems, and the optimisation of production processes to reduce energy waste.

Smurfit Kappa Group has also implemented a corporate energy management system, which enables the company to monitor and manage its energy consumption in real-time. By using this system, the company is able to identify areas where energy consumption can be reduced, and implement targeted energy-saving measures.

Overall, Smurfit Kappa Group is a leader in the Corrugated Packaging Materials sector, with a strong focus on sustainability and decarbonisation. The company's commitment to renewable energy and energy efficiency is helping to reduce its carbon footprint, while also ensuring a reliable and cost-effective source of energy for its operations. As the world continues to transition towards a low-carbon economy, Smurfit Kappa Group is well-positioned to thrive and continue to provide innovative and sustainable packaging solutions to its customers.