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Full directors report - Mondi

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<strong>Mondi</strong> was also recently awarded as<br />

the best performer in the Basic<br />

Materials Sector of the Forest<br />

Footprint Disclosure Project (FFD).<br />

The FFD Project is a new initiative,<br />

backed by 34 financial institutions<br />

with US$3.5 trillion in collective assets<br />

under management. It was created to<br />

help investors identify how an<br />

organisation’s activities and supply<br />

chain impact deforestation and link<br />

this forest footprint to their value.<br />

Further information is available at<br />

www.forestdisclosure.com.<br />

Research and<br />

development<br />

Our research and development<br />

activities aim to provide continuous<br />

and proactive improvements in<br />

processes and products. Research is<br />

focused on improving the quality and<br />

range of products in terms of both<br />

cost and environmental factors.<br />

Expenditure on research and<br />

development during 2009 was<br />

E8 million (2008: E10 million).<br />

A number of new sustainable<br />

products were introduced to the<br />

market in 2009, including lightweight<br />

papers and boards that minimise the<br />

use of natural resources, a range of<br />

bio-degradable plastics, a low-cost<br />

and more resource-efficient liner<br />

product and a carbon-neutral office<br />

paper.<br />

We are included in<br />

LSE FTSE4Good<br />

and JSE SRI indices<br />

Directors’ <strong>report</strong><br />

Annual <strong>report</strong> and accounts 2009 <strong>Mondi</strong> Group 43

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