*Operating profit for January-June 2022 was SEK 3 984 million (January-June 2021: 1 747). Excluding the item affecting comparability of SEK +266 million, operating profit increased by SEK 1 972 million to SEK 3 719 million. This was due to price increases in every product area, while cost inflation was limited by our high level of wood and energy self-sufficiency. *Profit after tax for January-June amounted to SEK 3 125 million (1 373), which corresponds to earnings per share of SEK 19.3 (8.5). *A total of SEK 1 862 million of ordinary and extraordinary dividends was paid in April. Thanks to strong cash flow, net debt has decreased by roughly SEK 300 million since year-end.
Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC) — a global forest and bio-products company today announced the release of its first sustainability report. The Mercer “Fit for Future” 2021 Sustainability Report reaffirms the Company’s commitment to team members, communities, the environment and biodiversity, safety, and shareholders.
The report illuminates how the Company is advancing its environmental and sustainability ambitions and aligns with the standards and recommendations of the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD) reporting frameworks. In addition, the report introduces the Company’s 2030 target to reduce its Scope 1 GHG emission intensity by 35%, as validated by the Science Based Targets Initiative.
“The production of sustainable, renewable, bio-based products has always been a core element of our business. This inaugural Sustainability Report highlights our sustainability aspirations, the initiatives we are advancing to improve our operations, and the progress we are making each year,” said Juan Carlos Bueno, President and CEO of Mercer International. “We are proud of our work to date and look forward to preparing ourselves further for a low-carbon and circular future driven by renewable natural resources.”
more at: https://mercerint.com/news/2022/mercer-international-inc-releases-2021-sustainability-report/