The Navigator Company is an integrated producer of forest, pulp, paper, tissue, sustainable packaging solutions, and bioenergy, whose business is founded on state-of-the-art factories on a worldwide scale, with cutting-edge technology. It is recognised as a quality benchmark in the sector worldwide.
Navigator accounts for approximately 1% of Portugal's GDP. It is the country’s third largest exporter, and the one who generates the largest national added value, representing around 2.4% of all exports of goods. More than 90% of its products are sold outside Portugal and shipped to approximately 130 countries.
The Group’s forestry business is vertically integrated, with its own Forestry Research Institute. The Group is responsible for planting a vast forested area in Portugal mainland (1.2% of the country’s land area), 100% certified by FSC and PEFC systems.
People, their quality of life and the future of the planet inspire and drive The Navigator Company. The company is committed to creating sustainable value for its shareholders and for society as a whole, leaving a better planet to future generations through sustainable, natural, recyclable and biodegradable products and solutions that contribute towards carbon sequestration, oxygen production, biodiversity protection, soil formation and the fight against climate change.
In November 2021, the Navigator Company launched a new line of packaging products, through the new gKraft brand, which offers an alternative to fossil-based products, such as plastic, once again demonstrating its commitment to sustainability and environmental preservation.
The Navigator Company has made a formal commitment to achieving carbon neutrality at its industrial complexes by 2035, 15 years ahead of the targets set by the European Union and Portugal. This makes it the first Portuguese company, and one of the first in the world, to set itself this ambitious goal, for which it has earmarked total capital spending over €200 million.
This commitment is the culmination of a responsible business management strategy that, in 2022, was recognized by the CDP (formerly Carbon Disclosure Project, now Disclosure Insight Action) with the top ranking (“A”) of global leader in fighting climate change. By the end of 2022, the Science Based Targets initiative (SBTi) approved the Company’s targets submitted for GHG reduction, which were defined based on the most up-to-date climate science. Also in 2022, Navigator scored 14.3 in the Sustainalytics ESG Risk Rating (for 2021), keeping the Company in the “Low Risk” category, meaning a low risk to investors, and in third place in both the ranking of “Paper and Forest” industry companies — out of a total of 81 companies in this cluster worldwide — and the “Paper and Pulp” subgroup, comprising 60 companies around the world.
