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2012 Integrated report - Sappi

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Stakeholder<br />

engagement <strong>report</strong><br />

<strong>Sappi</strong>’s inclusive approach to stakeholder engagement has<br />

developed over many years based on active engagement with all<br />

stakeholder groupings. Of particular focus has been the<br />

engagement with communities living around <strong>Sappi</strong>’s mills<br />

in Europe, North America and Southern Africa and <strong>Sappi</strong>’s<br />

forestry operations in Southern Africa.<br />

<strong>Sappi</strong> engages with all stakeholder groupings based on the<br />

principles of:<br />

> Materiality – identifying the material concerns of stakeholder<br />

groupings<br />

> Completeness – understanding the expectations of<br />

stakeholders as well as the views of other relevant stakeholder<br />

groupings with regard to any specific material issue<br />

as well as due to the significant restructuring processes undertaken<br />

by <strong>Sappi</strong> in Europe and South Africa.<br />

<strong>Sappi</strong> maintains open relationships with all unions in the<br />

countries and regions where it operates.<br />

Investors<br />

Management and the investor relations team maintained their<br />

programme of frequent engagement with shareholders, analysts,<br />

banks, bondholders and rating agencies beyond our quarterly<br />

results announcements, to ensure that the market is fully<br />

appraised of <strong>Sappi</strong>’s strategy and response to global economic<br />

conditions.<br />

<strong>Sappi</strong> was able to restructure its debt profile on favourable terms.<br />

> Relevance – understanding the relevance to <strong>Sappi</strong>’s<br />

operations of issues raised by stakeholders<br />

> Responsiveness – responding coherently and timeously<br />

to stakeholder issues and concerns.<br />

<strong>Sappi</strong>’s main stakeholder groupings, as per our stakeholder<br />

engagement policy, are reflected below, along with selected<br />

examples of engagement undertaken during the <strong>report</strong>ing<br />

period:<br />

Customers<br />

Given the tremendous focus on sustainability issues, <strong>Sappi</strong> in<br />

North America set up a customer council to advise it on issues<br />

of importance and has created a unique online platform to assist<br />

customers in making responsible paper choices.<br />

<strong>Sappi</strong> in Europe and in South Africa has worked very closely<br />

with its merchant partners and direct customers to ensure<br />

uninterrupted customer service as mills have been closed,<br />

production moved, product portfolios simplified and new<br />

products introduced.<br />

<strong>Sappi</strong> has concluded agreements with its specialised cellulose<br />

customers which secures the additional production from the<br />

expansion projects at the Cloquet (USA) and Ngodwana<br />

(South Africa) Mills.<br />

Employees<br />

Various programmes and initiatives have been undertaken to<br />

improve staff engagement based on the results of, and feedback<br />

from the 2011 engagement survey conducted across the group,<br />

Apprentices at the Stockstadt Mill in Europe.<br />

sappi <strong>Integrated</strong> Report <strong>2012</strong> 81

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