Remediation of the lake bed in front of the former production site of the Chemistry Division in Uetikon has begun. The CPH Group is bearing 80% of the costs.

The CPH Group companies at the Perlen site are involved in the pilot project for weekly Covid-19 tests organized by the Canton of Lucerne.

CPH shares were included in the SPI ESG and SPI ESG Weighted sustainability indices newly launched by the Swiss stock exchange SIX.

Perlen Papier will be the first supplier worldwide to offer climate-neutral paper starting January 2021. The CO2 emissions will be offset via a certified afforestation project in Uruguay.

The direct emissions of the Chemistry and Packaging divisions account for only a small proportion of the total carbon dioxide generated in their products’ production cycles.

Canton Zurich has commissioned a full-services contractor to conduct the clean-up of the lake bed beside the CPH Group’s former Uetikon operating site. The total cost of the clean-up operation is now expected to be lower than was originally estimated and allows the CPH Group to release CHF 12 million of the provisions.

The CPH Group has made major efforts to save on resources and reduce its carbon emissions over the past few years.

In addition to recovered paper, the paper manufacturing process also requires fresh wood, which must always be available and in large quantities.

Perlen Papier has been channelling water from the nearby River Reuss to help power its paper factory ever since the company was founded in 1873. A new Reuss weir is now required.