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null 2022 Year-End Summary and 2023 Outlook

2022 Year-End Summary and 2023 Outlook

As a turbulent 2022 draws to a close, we take this opportunity to reflect on our shared labours to improve our communities and protect our planet. Despite a changing post-pandemic world, our commitment to sustainability did not waver. Our mission to create a better, more sustainable business motivated us to work harder to make a positive impact this past year.

Throughout 2022, Asia Pulp & Paper (APP) Sinar Mas continued efforts to build a sustainable future for the planet within our operational areas across Asia, America and Europe, such as carrying out various programs to support the United Nation's Sustainable Development Goal (SDG) agenda and the Government of Indonesia’s FOLU Net Sink 2030 program.

This included strengthening our commitment to delivering sustainable products across Canada by expanding our certification standards in the country to include the Sustainable Forest Initiative’s (SFI) Chain of Custody.

In Taiwan, our flagship innovation Foopak Bio Natura supported the drive for a healthier, more environmentally-friendly lifestyle by providing 30,000 plastic-free sustainably produced paper drinking cups for the 2022 ELLE Run for Green race.

During the 2022 Dubai Customer Gathering, we unveiled new innovations and thanked our valuable customers and converters who stood by us during the challenging times of the pandemic.

At the UK Stakeholder Advisory Forum, we joined the Indonesian Embassy to promote sustainable bilateral commodity trades between the UK and Indonesia, the sustainability and legality of FLEGT and SVLK, and more.

For Japan’s largest environmental exhibition - SDGs Week EXPO and EcoPro 2022 - APP Sinar Mas joined to share more about our sustainable paper products and sustainability initiatives such as the Forest Restoration Project - SDGs Together! which is carried out in collaboration with the Belantara Foundation to combat deforestation.

During the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) in November, we took part in six different panel discussions to share our climate mitigation strategies which support the Government of Indonesia’s efforts to tackle climate change. By committing to bring down carbon emissions, we aim to contribute to national efforts to achieve Net Zero emissions by 2050.

Finally, we gathered with peers, partners and stakeholders in Bali during the IGCN CEO Roundtable during the B20 Summit series of events, where we discussed how to mainstream the principles of the UN Global Compact into our ESG strategies.

We are constantly looking for new and improved ways to become environmental stewards and empower communities. By continuing to collaborate with various stakeholders such as employees, consumers, government, NGOs, media, academics, communities around our business area, and the public in all of our operational areas, we have gathered results from these programs which can be referenced for improvements as we continue forward in 2023.

As we end 2022, we will reflect on what we have achieved in the past year before we begin our new journey into 2023 with more ambitious goals ahead of us.

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