Tuesday, 23 May 2017 10:23

Mitsubishi HiTec Paper presents B.A.U.M. environmental prize 2017, "science" category

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Mitsubishi HiTec Paper, the Bielefeld producer of coated speciality papers, has presented the Environmental award, science category, to Prof. Dr. Alexander Bassen at the annual meeting of B.A.U.M. on 17th& 18th May in Frankfurt a.M. / Germany.

The German Working Group for Environmentally Conscious Management (B.A.U.M. eV ) has honoured company representatives, scientists and journalists who have made outstanding contributions to the environment and sustainability every year since 1993. In 2017, the focus was on sustainable investment.

2017 05 23 100252Prof. Dr. Alexander Bassen with the award certificate l to r: Dieter Brübach (B.A.U.M.), Dr. Thomas Holzmann (German Federal Environmental Agency), Prof. Dr. Alexander Bassen (University of Hamburg), Prof. Dr. Maximilian Gege (B.A.U.M.), Martin Odeland (B.A.U.M.), Dr. Bernd Gerecht (Mitsubishi HiTec Paper Europe GmbH)

"It is time to recognize the fact that we have the power to promote sustainable economic activity through investment," emphasizes Prof. Dr. Maximilian Gege, chairman of B.A.U. M. "Some of our award winners are involved in responsible investment scientifically, journalistically or practically within their companies."

"As a long-standing B.A.U.M. member, we are pleased to present the environmental award in the science category to Prof. Dr. Bassen this year," says Dr. Bernd Gerecht from Mitsubishi HiTec Paper. "As an energy-intensive company, we attach particular importance to sustainable production, sustainable products and an appropriate company orientation. Sustainability and company success go hand in hand for us. "

Prof. Dr. Alexander Bassen conducts research on the fundamentals and concepts of Responsible Investment, i.e. sustainable investment. He examines the link between sustainability successes and the financial success of companies. The professor of business administration at the University of Hamburg has been particularly interested in the relevance of climate data for many years. He also explores experimentally the behaviour of investment professionals in investment decisions in sustainable financial products. A further focus of his work is sustainability reporting and its impact on the performance of companies, as well as the importance of sustainability information for the efficiency of capital markets.

Mitsubishi HiTec Paper Europe GmbH is a German subsidiary of Mitsubishi Paper Mills Ltd., Japan, one of the world's leading manufacturers of specialty paper. The roughly 700 employees at Mitsubishi HiTec Paper produce high-quality direct thermal, digital imaging, carbonless, label and barrier papers at two tradition-rich locations in Bielefeld and Flensburg.
Each factory stands out for own base paper production, state-of-the-art production machinery and innovative coating technologies. Through its dense global sales network, Mitsubishi HiTec Paper supplies a full range of specialty papers featuring a modular system for every application and printing technology – and is a highly capable partner whenever customized coated paper solutions are required.
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