and sustainability 2010 - Sappi
and sustainability 2010 - Sappi
and sustainability 2010 - Sappi
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<strong>2010</strong> highlights<br />
<strong>2010</strong> <strong>sustainability</strong> report<br />
�� Each of our businesses generated positive profit for the year <strong>and</strong> in the final quarter, the group achieved its<br />
highest quarterly operating profit (excluding special items) since 2002.<br />
���A Broad-based Black Economic Empowerment (BBBEE) transaction was concluded which saw 30% of<br />
<strong>Sappi</strong>’s South African business becoming empowered.<br />
���The interactive eQ tool launched by <strong>Sappi</strong> Fine Paper North America is aimed at educating our stakeholders<br />
on our North American business’ environmental footprint.<br />
���We significantly increased the procurement of our certified wood fibre from 51% to 61% in North America,<br />
from 70% to 82% in South Africa, while in Europe it remained unchanged at approximately 75%.<br />
�� Under the heading of “Code of Ethics: are we walking the walk?” we conducted a survey on the updated<br />
<strong>Sappi</strong> Code of Ethics. Over 90% of respondents from North America believed that the Code was being<br />
followed by their managers <strong>and</strong> colleagues versus 77% <strong>and</strong> 75% in Europe <strong>and</strong> South Africa respectively.<br />
Almost all employees correctly identified all three of <strong>Sappi</strong>’s core values: Excellence, Integrity <strong>and</strong> Respect.<br />
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