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MNDI Mondi Plc

1,395.50
-3.00 (-0.21%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mondi Plc LSE:MNDI London Ordinary Share GB00BMWC6P49 ORD EUR 0.22
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.00 -0.21% 1,395.50 1,394.00 1,395.00 1,406.50 1,386.00 1,393.50 3,203,152 16:35:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pkg Paper, Plastics Film 8.04B -153M -0.3466 -40.23 6.16B

Mondi PLC Report on Payments to Governments

03/06/2021 12:00pm

UK Regulatory


 
TIDMMNDI 
 
Mondi plc 
 
Incorporated in England and Wales 
 
Registered number: 6209386 
 
LEI: 213800LOZA69QFDC9N34 
 
LSE share code: MNDI           ISIN: GB00B1CRLC47 
 
JSE share code: MNP 
 
3 June 2021 
 
Regulatory Report on Payments to Governments in respect of Logging Industries 
for the Year 2020 
 
This report of payments to governments is made by Mondi plc and its subsidiary 
undertakings ('Mondi') for the year ended 31 December 2020 as required by 
companies in the extractive and logging industries of their payments to 
governments in countries in which they operate. 
 
The report is prepared in compliance with the UK's Report on Payments to 
Governments Regulations 2014 (as amended in December 2015) (the 'Regulation') 
and in accordance with DTR 4.3A of the Disclosure Guidance and Transparency 
Rules of the UK Financial Conduct Authority. 
 
To read details of Mondi's payments to governments go to www.mondigroup.com/en/ 
corporate-governance/regulatory-reports 
 
Basis of preparation 
 
The application of the Regulation for Mondi relates to our logging activities 
and specifically to the disclosure of payments to governments relating to the 
logging of primary forests. 
 
We have used the Food and Agriculture Organisation of the United Nations 
definition of 'primary forest' being: 
 
'Naturally regenerated forest of native tree species, where there are no 
clearly visible indications of human activities and the ecological processes 
are not significantly disturbed'. 
 
Also, for the purposes of this report, the original 'IFL 2000' (Greenpeace, 
World Resources Institute (WRI) and Transparent World) inventory of intact 
forests has been used as the base for reporting on the harvesting of primary 
forests in the Komi Republic, Russia ('Komi'). 
 
Only a portion of our Syktyvkar logging operations in Komi fall within the 
above definition of primary forests. Our operations in South Africa comprise 
plantation forests that are not associated with any primary forests and 
therefore are excluded from the report. 
 
Our logging operations in Komi do not result in deforestation. In terms of the 
Russian Forestry Code and Mondi's sustainable development policies all logged 
areas are regenerated, either naturally or via planting where required, 
including tending and protection of the young forest stands for the next 
sustainable forest cycle. During logging operations protected areas, High 
Conservation Value (HCV) areas and sensitive biotopes, comprising approximately 
1/4 of the area, are set aside for conservation. 
 
Exchange rate 
 
Payments made in currencies other than the euro (Mondi Group's reporting 
currency) are translated for this report using the average exchange rate during 
the financial year to which it relates. 
 
Further information 
 
For further information regarding the Mondi Group's approach to sustainably 
managing our forests, please refer to our Sustainable development report 2020 
which can be found at www.mondigroup.com/sd20 and our sustainable forestry 
policy, one of our issue specific SD policies at www.mondigroup.com/en/ 
sustainability/governance-of-sustainability . 
 
Report 
 
Government Report 
 
Country    Production  Taxes       Royalties Dividends  Bonuses   Licence     Infrastructure  Total 
           entitlement                                            fees, etc   improvements 
 
Russia     Nil         -?194,072   Nil       Nil        Nil       ?1,033,145  Nil             ?839,073 
 
Projects Report 
 
Entity     Production  Taxes       Royalties Dividends  Bonuses   Licence     Infrastructure  Total 
           entitlement                                            fees, etc   improvements 
 
JSC Mondi  Nil         -?194,072   Nil       Nil        Nil       ?1,033,145  Nil             ?839,073 
Syktyvkar 
 
The report has been submitted to the National Storage Mechanism and will 
shortly be available for inspection at: https://data.fca.org.uk/#/nsm/ 
nationalstoragemechanism. 
 
Contact: 
 
Mondi Group 
 
Kerry Cooper 
 
Group Head of External Communications 
 
+44 1932 826323 
 
About Mondi 
 
Mondi is a global leader in packaging and paper, contributing to a better world 
by making innovative packaging and paper solutions that are sustainable by 
design. Our business is integrated across the value chain - from managing 
forests and producing pulp, paper and plastic films, to developing and 
manufacturing effective industrial and consumer packaging solutions. 
Sustainability is at the centre of our strategy and intrinsic in the way we do 
business. We lead the industry with our customer-centric approach, 
EcoSolutions, where we ask the right questions to find the most sustainable 
solution. In 2020, Mondi had revenues of ?6.66 billion and underlying EBITDA of 
?1.35 billion. 
 
Mondi has a premium listing on the London Stock Exchange (MNDI), and a 
secondary listing on the JSE Limited (MNP). Mondi is a FTSE 100 constituent, 
and has been included in the FTSE4Good Index Series since 2008 and the FTSE/JSE 
Responsible Investment Index Series since 2007. 
 
Sponsor in South Africa: UBS South Africa Proprietary Limited. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

June 03, 2021 07:00 ET (11:00 GMT)

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