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Klabin

Klabin

Klabin supplies paper, wood, packaging materials, paper sacks, and corrugated cardboard boxes. The company operates through four segments: Forestry, Paper, Conversion, and Pulp. Klabin’s sixteen production facilities are located in Brazil or Argentina, but the company exports its products to over 60 countries on every continent. Headquartered in São Paulo, Brazil, the company has approximately 16,000 employees.

Klabin is dedicated to manufacturing in an environmentally and socially responsible manner, and all of its products are Forest Stewardship Council certified. Most of the company’s supply of wood comes from its own forests, 40% of which are still classified as native and protected in order to preserve biodiversity. Additionally, all of Klabin’s facilities operate under a management system certified to ISO 14001, 9001 and OHSAS 18001 standards. In recent years, the company has decreased its greenhouse gas emissions more than 57% while demonstrating an increase in water efficiency performance. 98% of the materials used in Klabin’s production processes come from renewable sources, while the company also aims to have nearly 90% of its electricity come from renewable energy by 2019. Klabin continues to pursue substantial developments in promising technologies, innovative production processes, advanced management models and personnel training programs in order to promote the company’s sustainable growth. Over a three-year span, the company plans to allocate more than $20 million towards these investments in sustainability.

Klabin has been criticized for financing a recent political campaign in Brazil that stood to benefit its ability to operate on indigenous peoples’ lands. Additionally, the company has one woman on its thirteen-person Board of Directors. Klabin has been flagged for poor disclosure of its chemical management practices.



Industry: Materials
Country: Brazil
Website: http://www.klabin.com.br/en-us
Disclaimer:

To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/16 and may not reflect current opinions or subsequent events.


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