Mondi plc is a multinational packaging and paper group employing around 26,000 people with around 100 production sites across more than 30 countries, predominantly in Europe, Russia, North America and South Africa. Group offices are located in Weybridge, United Kingdom and

Vienna en, Viennese , iso_code = AT-9 , registration_plate = W , postal_code_type = Postal code , postal_code = , timezone = CET , utc_offset = +1 , timezone_DST ...

Austria Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...

. Mondi is fully integrated across the packaging and paper value chain – from the growing of wood and the manufacturing of pulp and paper (packaging paper and uncoated fine paper), to the conversion of packaging papers into corrugated packaging, industrial bags, extrusion coatings and release liner. It has listings on the

Johannesburg Stock Exchange JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 ...

and the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pa ...

and is a constituent of the

FTSE 100 Index The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest mar ...

History

Mondi has its roots in South Africa where, in 1967, the company's former owner,

Anglo American plc Anglo American plc is a British listed multinational mining company with headquarters in London, England. It is the world's largest producer of platinum, with around 40% of world output, as well as being a major producer of diamonds, copper ...

, built the Merebank Mill in

Durban Durban ( ) ( zu, eThekwini, from meaning 'the port' also called zu, eZibubulungwini for the mountain range that terminates in the area), nicknamed ''Durbs'',Ishani ChettyCity nicknames in SA and across the worldArticle on ''news24.com'' from ...

. In 2000 the company increased its holdings in Neusiedler AG and Frantschach AG, both Austrian businesses, to 100% and 70% respectively. Also in 2000 it acquired Cofinec, a Polish business. It increased its holding in the Syktyvkar Mill in the

Komi Republic The Komi Republic (russian: Республика Коми; kv, Коми Республика), sometimes simply referred to as Komi, is a republic of Russia located in Eastern Europe. Its capital is the city of Syktyvkar. The population of th ...

to 90% in 2002.Anglo American to invest US $250 million in Russian paper mill
PMD, 18 March 2002 In 2004 Mondi further increased its holdings in Frantschach ''AG'', one of its Austrian businesses, to 100% and in Celuloza Świecie ''AG'', another Polish business, to 71% (and then changed its name to Mondi Packaging Paper Świecie). On 2 July 2007 the company demerged from its former parent company

, and became a dual-listed company, with Mondi Limited listed on the

Johannesburg Johannesburg ( , , ; Zulu language, Zulu and xh, eGoli ), colloquially known as Jozi, Joburg, or "The City of Gold", is the largest city in South Africa, classified as a Megacity#List of megacities, megacity, and is List of urban areas by p ...

Stock Exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...

and Mondi plc listed on the London Stock Exchange. In 2011 Mondi demerged Mondi Packaging South Africa (listed as Mpact on Johannesburg Stock Exchange). In 2012 Mondi acquired Nordenia to extend its consumer packaging business. In May 2017 Peter Oswald was appointed as new group chief executive officer. In the same year, the approval of the €335 million Štětí mill modernisation (Czech Republic) happened. In 2019 Mondi completed the simplification of its corporate structure from dual listed into a single holding company under Mondi plc. On 1 April 2020 Andrew King succeeded Peter Oswald as Mondi Group's chief executive officer. On 4 May 2022, Mondi announced plans to divest from its Russian assets. However, in December 2022, ''The Times'' reported than the sale of its Russian assets was "still awaiting approval".

Sustainability

In 2014 Mondi and WWF began a global partnership to strengthen environmental stewardship in the packaging and paper sector. In 2017 Mondi and WWF extended the partnership for three more years until 2020. In 2018 Mondi and WWF announced that Mondi had joined WWF Climate Savers and committed to reduce specific production-related greenhouse gas (GHG) emissions to 0.25 t CO2e/t production by 2050. The company is a signatory and advocate of the Global Compact, a UN initiative for business committed to universally accepted principles in the areas of human rights, labour, environment and anti-corruption. Standardised parameters are applied to monitor the

environmental impact Environmental issues are effects of human activity on the biophysical environment, most often of which are harmful effects that cause environmental degradation. Environmental protection is the practice of protecting the natural environment on t ...

of the production processes. Mondi defined its product responsibility on the basis of the

UNEP The United Nations Environment Programme (UNEP) is responsible for coordinating responses to environmental issues within the United Nations system. It was established by Maurice Strong, its first director, after the United Nations Conference on ...

Life Cycle Initiative. In 2020 Mondi received a platinum CSR rating from EcoVadis, placing Mondi in the top 1% of companies in its sector for sustainability measures around the environment, labour, human rights, ethics and sustainable procurement. In 2021 Mondi started a new project together with World Food Programme, where main focus is working together to develop packaging that delivers — for people and the planet, creating a packaging that can help safeguard the environment and fight hunger.

References

External links

Official site
{{authority control Pulp and paper companies of South Africa Manufacturing companies established in 1967 Pulp and paper companies of the United Kingdom 1967 establishments in South Africa Companies listed on the Johannesburg Stock Exchange Companies listed on the London Stock Exchange Packaging companies of South Africa