Mayr-Melnhof
| Industry:packaging | ISIN:AT0000938204 | Country:AT | CRR:C+ |
Company Profile:
The Austrian Mayr-Melnhof Group’s business focuses on the manufacture and processing of cardboard. The group’s business activities are divided between two segments. MM-Karton’s main line of business is processing recycled cardboard, where it is one of the world’s largest suppliers. MM-Packaging, the second segment, produces collapsible boxes.
Strengths/weaknesses profile:
Strengths:
- high percentage of recycled fibre used in production
- high recyclability of products
- high proportion of production output covered by FSC or PEFC certification
Weaknesses:
- little information publicly available on social/ethical issues
- lack of transparency regarding a policy on the responsible use of nanotechnology
- lack of transparency regarding the utilisation of reuse systems in packaging
Reasons for inclusion in the Index:
Mayr-Melnhof manufactures cardboard boxes which consist to a large extent of recycled material (2010: around 85% of tonnage in the cardboard area of business (42.7% of turnover) consisted of recycled wood fibre).