What is ESG?
ESG is the acronym for Environmental, Social, and Governance. The term was adopted in 2004 in a Global Compact publication in partnership with the World Bank called Who Cares Wins. It emerges from a provocation by UN Secretary-General Kofi Annan to 50 CEOs of large financial institutions about how to integrate social, environmental, and governance factors in the capital market.*
The concept addresses the ability of companies to manage their impacts on the environment and people while directing their products and services on topics that are important to sustainability.
In addition to being a business driver for greater purpose and engagement with development agendas such as the Sustainable Development Goals (SDGs), consistent performance in ESG is also an effective way to manage risk and protect company value, consolidating and attracting investments.
*Official text of the UN Global Covenant.
Beontag materiality
Beontag materiality matrix identifies 11 priority themes that will form the base of the company’s ESG Strategy. It was built based on the perception of the company’s leaders, consultations with stakeholders, peer benchmarks and analysis of sector indices.
*Built in partnership with ERM.
Our goals and targets
Beontag’s 2030 ESG Strategy defines corporate goals and indicators related to the company’s materiality and connected with the Sustainable Development Goals (SDGs).
1. Promote sustainability across the value chain by offering sustainable products
Target for GLM (Graphic and Label Materials)
By 2030, reach 85% of sustainable products in our annual sales.
Target for GLM (Graphic and Label Materials)
By 2030, reach 100% of certified paper used on products.
Target for DTE (Digital Transformation Enabler)
By 2030, reach 70% of sustainable products in our annual sales.
2. Manage business impacts on the environment
Target for GLM (Grafic and Label Materials)
By 2030, divert 90% of landfill disposal.
Target for DTE (Digital Transformation Enabler)
By 2030, divert 100% of landfill disposal.
3. Promote gender equality in the workplace.
Beontag targets
By 2030, reach 50% of women in management positions and above.
By 2030, reach 40% of women in our workforce.
ESG Report 2021
Based on the topics and goals outlined above, check out Beontag’s progress in 2021.
