MONDI PLC - Report on Payments to Governments

We have used the Food and Agriculture Organisation of the United Nations definition of ‘primary forest’ being:

‘Naturally regenerated forest of native tree species, where there are no clearly visible indications of human activities and the ecological processes are not significantly disturbed’.

Also, for the purposes of this report, the original ‘IFL 2000’ (Greenpeace, World Resources Institute (WRI) and Transparent World) inventory of intact forests has been used as the base for reporting on the harvesting of primary forests in the Komi Republic, Russia (‘Komi’).

Only a portion of our Syktyvkar logging operations in Komi fall within the above definition of primary forests. Our operations in South Africa comprise plantation forests that are not associated with any primary forests and therefore are excluded from the report.

Our logging operations in Komi do not result in deforestation. In terms of the Russian Forestry Code and Mondi’s sustainable development policies all logged areas are regenerated, either naturally or via planting where required, including tending and protection of the young forest stands for the next sustainable forest cycle. During logging operations protected areas, High Conservation Value (HCV) areas and sensitive biotopes, comprising approximately 24% of the area, are set aside for conservation. 

Exchange rate

Payments made in currencies other than the euro (Mondi Group’s reporting currency) are translated for this report using the average exchange rate during the financial year to which it relates.

Further information

For further information regarding the Mondi Group’s approach to sustainably managing our forests, please refer to our Sustainable development report 2019 which can be found at www.mondigroup.com/sd19 and our sustainable forestry policy, one of our issue specific SD policies at www.mondigroup.com/en/sustainability/governance-of-sustainability.

Report

The report has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Contact:

Mondi Group
Kerry Cooper
Group Head of External Communications
+44 1932 826323

About Mondi

Mondi is a global leader in packaging and paper, contributing to a better world by making innovative, packaging and paper solutions that are sustainable by design. Our business is fully integrated across the value chain – from managing forests and producing pulp, paper and plastic films, to developing and manufacturing effective industrial and consumer packaging solutions. Sustainability is at the centre of our strategy and intrinsic in the way we do business. We lead the industry with our customer- centric approach, EcoSolutions, where we ask the right questions to find the most sustainable solution. In 2019, Mondi had revenues of €7.27 billion and underlying EBITDA of €1.66 billion.

Mondi has a premium listing on the London Stock Exchange (MNDI), and a secondary listing on the JSE Limited (MNP). Mondi is a FTSE 100 constituent, and has been included in the FTSE4Good Index Series since 2008 and the FTSE/JSE Responsible Investment Index Series since 2007.

Sponsor in South Africa: UBS South Africa Proprietary Limited.