Highlights and ratings
Highlights in 2024
Expanding the reach of aseptic cartons with no aluminum foil layer
In March 2024, SIG delivered its three billionth aseptic carton pack without an aluminum foil layer for use in the European dairy industry and sold during 2024 over 250 million packs of the new SIG Terra Alu-free Full barrier carton pack in China.
Reducing greenhouse gas emissions
We have reduced our GHG greenhouse gas emissions (Scope 1, 2, 3) per liter packed by 9% from a 2020 baseline.
Supporting thriving forests
Our first project with WWF1 continued in Mexico to support key ecosystems and secure a critical corridor for jaguars by working to improve the management of 100,000 hectares of forest landscapes, as well as reforesting and restoring a further 750 hectares. Two more large scale forest landscape conservation and restoration projects started with WWF in Malaysia (170,000 ha) and Thailand (60,000 ha).
We discussed forest landscape restoration projects contributing to our Forest+ ambition with our key paperboard suppliers and received letters of intent. A concept was finalized to create a market value of the forest positive projects for our customers and at the point of sale. This includes the option to link SIG cartons to the projects via an on-pack communication.
Reinforcing our commitment to environmental stewardship and innovation
SIG entered into a network partnership with the Ellen MacArthur Foundation, with the aim of advancing the transition towards circular packaging systems.
Accelerating business action on climate, health and food
We also joined the Food Cluster of the Climate & Health Coalition hosted by Forum for the Future. We helped to build a toolkit for food and drink system businesses that: highlights current activity at the intersection of climate, health and food; generates case studies to inspire and accelerate action for others; and provides guidance on key topics and opportunities for action.
Developing new nutrition options
The world’s first long-life probiotic buttermilk, created in collaboration with our customer AnaBio Technologies, was launched at Gulfood 2024. In addition to probiotics, SIG has defined a new product matrix with three other focus areas for product development: protein, sugar reduction and better hydration. In the field of sugar reduction SIG is partnering with food tech companies to reduce the sugar content naturally without impairing taste and texture.
External ratings and indices in 2024
Dow Jones Sustainability indices
SIG was included in two Dow Jones Sustainability Indices (DJSI) for the first time. The inclusion in the DJSI World and DJSI Europe indices highlights our commitment to long-term shareholder value and leadership in sustainability.2
S&P Global Sustainability Yearbook
In addition SIG was included for the third time in S&P Global Sustainability Yearbook. Only 15% of participating companies assessed by the S&P Global Corporate Sustainability Assessment survey in each industry are included.
EcoVadis
SIG was awarded the highest sustainability status in the EcoVadis rating for Corporate Social Responsibility (CSR), with a record score of 96/100, up from 86/100 in 2023. Our platinum rating again puts SIG in the top 1% of businesses participating in the EcoVadis sustainability assessment.
MSCI AAA
MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers. In 2024 SIG Group AG received a rating of AAA in the MSCI ESG Ratings assessment, up from AA in 2023.3
Sustainalytics
In December 2024, SIG Group received an ESG Risk Rating of 10.5 and was assessed by Morningstar Sustainalytics to be at low risk of experiencing material financial impacts from ESG factors.4
SXI Switzerland Sustainability 25® Index
We maintained our position among the top 25 most sustainable companies listed on the SIX Swiss Exchange based on a third-party assessment.
FTSE4Good Index Series
SIG Group AG is a constituent of the FTSE4Good Index Series, created by the global index provider FTSE Russell to measure the performance of companies demonstrating strong ESG practices.5
Awards and recognition in 2024
Green Packaging Star Award
Awarded in Austria to the SIG Terra MidiBloc Alu-free packaging solution.
WorldStar for Packaging award 2024
For SIG’s bag-in-Box developed for Suvinil in Brazil.
Awards for the SIG Rayong plant
The SIG plant at Rayong, Thailand received an “Excellent” rating from Thailand’s Greenhouse Gas Management Organization. The plant also received the Platinum Award at the THAILAND SAFE@WORK#36 for its implementation of an Occupational Safety and Health Management System standard.
Best HR Programs 2024
Awarded to SIG China by HRflag, a leading human resources management think tank in China.
SIG Wins Fortune China ESG Impact Award 2024
For the first time, Fortune China opened its ESG impact assessment to foreign companies operating in China. Out of more than 200 companies from sectors such as renewable energy, manufacturing, internet technology, finance and healthcare, SIG was the only company from the packaging industry to be selected for its commitment and excellence in ESG implementation.
Growing our business sustainably
Strengthening our business
Sustainability is not just good for people and the planet. It is good for business.
These are some of the ways in which our approach – including our bold ambitions towards a regenerative packaging solution – strengthens our business:
- Driving business growth by helping customers meet demand for more sustainable products, strengthening SIG’s competitive edge, and opening new market opportunities.
- Stimulating innovation to create more sustainable packaging solutions.
- Attracting top talent as people increasingly want to work for companies making a positive impact.
- Enhancing brand reputation and strengthening relationships with stakeholders.
- Supporting compliance with growing regulations on ESG topics.
- Mitigating business risks related to ESG topics (see Key business risks related to ESG topics).
- Contributing to long-term value creation and sustainable growth for investors.
1 Through the WWF Forests Forward program: SIG Group – Forests Forward – explorer.land.
2 Effective on February 10, 2025, S&P Dow Jones Indices (“S&P DJI”) renamed some sustainability and ESG related indices. DJSI World is renamed into Dow Jones Best-in-Class World Index and DJSI Europe into Dow Jones Best-in-Class Europe Index.
3 The use by SIG Group AG of any MSCI ESG research llc or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of SIG Group AG by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
4 Copyright ©2025 Sustainalytics, a Morningstar company. All rights reserved. This Annual Report includes information and data provided by Sustainalytics and/or its content providers. Information provided by Sustainalytics is not directed to or intended for use or distribution to India-based clients or users and its distribution to Indian resident individuals or entities is not permitted. Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect. Use of such data is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers/
5 FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that SIG Group AG has been independently assessed according to the FTSE4Good criteria and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.