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5A37858a2f99c820291d7b887e Now we are THE NAVIGATOR COMPANY ON A SUSTAINABLE COURSE In 1957 we were world pioneers in producing and marketing bleached Eucalyptus globulus kraft pulp. This was the start of a journey which was to transform a Portuguese company into one of the world’s leading manufacturers of bleached eucalyptus pulp (BEKP) and uncoated woodfree paper (UWF). The Portucel Soporcel group is now The Navigator Company and we look forward to a future where paper is just the beginning. We are part of the lives of millions of people in 123 countries around the world. We are one of Portugal’s three largest exporters, with our industrial innovation and the excellence of our products and brands. We manage Europe’s largest nurseries for forestry plants and 120 thousand hectares of forests, each year producing more than 12 million plants certified to the highest standards. We are Portugal’s leading producer of electrical power from biomass. We have a forestry management system certified by the most widely respected international organisations. Our corporate best practices reflect our commitment to making a growing contribution to the sustainability of the planet. In the year in which we have launched our new corporate brand, we are pleased to incorporate it in our 2014/2015 Sustainability Report, covering two crucial years of transition which have allowed us to continue writing new paths, confident that these will be as sustainable as our manufacturing and as ambitious as our vision of the future. Because we are on a sustainable course, to a destination where paper is just the beginning. PAGE008 0 MAIN PERFORMANCE INDICATORS 2014/2015 PAGE010 1 ABOUT THIS REPORT PAGE014 2 STATEMENTS BY THE BOARD OF DIRECTORS AND BY THE ENVIRONMENTAL BOARD PAGE020 3 MAIN DEVELOPMENTS PAGE024 4 THE PORTUCEL GROUP PAGE030 5 MANAGING SUSTAINABILITY PAGE044 6 BUSINESS PAGE068 7 SUPPLY CHAIN PAGE082 8 FORESTRY PAGE098 9 INDUSTRIAL OPERATIONS PAGE122 10 PEOPLE PAGE140 11 STAKEHOLDERS PAGE154 12 ANNEXES SUSTAINABILITY REPORT 2014/2015 0 MAIN performance INDicators MAIN INDICATORS 2014 2015 GRI BUSINESS Turnover, billion € 1.5 1.6 EBITDA / Sales, % 21.3 24.0 Investment, million € 50.3 148.5 Customer Satisfaction Index, Paper UWF (biennial), % 91 ѵ Annual production capacity, Mozambique nurseries, million plants # 12 Workforce new business, # Portucel Moçambique 83 228 Tissue (Vila Velha Ródão) 199 Colombo Energy (USA) 14 SUPPLY CHAIN Sustainability assessment relevant suppliers, % - 68 ѵ Portuguese suppliers, % share of procurement spending 75 74 ѵ Supplies certified wood, % 46 42 FORESTS Area certified under Group management, % 100 100 Annual planting, ha 3,284 2,806 INDUSTRIAL OPERATIONS Energy intensity, GJ/tonne 12.8 12.0 ѵ Renewable materials consumed, % 90.0 89.6 ѵ Water use, m3/tonne product 20.1 20.9 ѵ CO2 emissions, t CO2/tonne product 0.24 0.25 ѵ PEOPLE Employees, # 2,240 2,219 ѵ Workforce age. % aged under 50 years 60.7 61.5 ѵ Absenteeism 3.5 3.2 ѵ Severity index 897 771 ѵ Average employee training hours, # 49.2 57.5 ѵ STAKEHOLDERS Investment in the community, million € 1.0 1.7 ѵ Participants Sustainability Forum, # - 50 Visitors to Portucel Group, # 3,504 3,618 Note: All the indicators in this table refer to the production and sale of pulp and paper, apart from those under the heading Business, which also include the new business areas: tissue paper, forestry in Mozambique and pellets in the United States. When new business areas are included, the workforce totalled 2,660 Employees in 2015. THE NAVIGATOR COMPANY 09 1 About THIS report 1 SUSTAINABILITY REPORT 2014/2015 About THIS report 1.1 Report PROFILE 1.2 RELevant topics The material aspects to the Portucel Group in the field the report: “Compliance and complaints” and “Water The Portucel Group is delighted to publish its fifth bi- Essential information is provided on the Portucel Group’s of sustainability, to be reported on here, were identified Effluents Management”. annual Sustainability Report. This report refers to the new operations (tissue paper business, forestry in by listening to the main stakeholder groups and then period 2014/20151 and seeks to explain the sustainable Mozambique and pellets in the United States), and on comparing these findings with the senior management In line with Group strategy, these aspects are addressed way in which the Group has conducted its business. their integration into the Group. The manufacture and sale perspective in a materiality analysis4. in operational areas: Business, Supply Chain, Forestry, Information is provided on the most relevant and of tissue paper is currently being fully integrated in the Industrial Operations, People and Stakeholders. significant aspects of the Group’s business, environmental Group and this process will be consolidated in 2016. The All high and medium priority aspects are included in Information is given on aims, plans and projects for and social performance over the past two years. This report Group’s operations in Mozambique are at the investment the report. In addition to these, the Group selected two each aspect classified as material, and on the Group’s was drawn up in line with the Global Reporting Initiative stage with trial plantations which have yet to reach the aspects which, although not material, were included in achievements. Guidelines, version G4, “in accordance – comprehensive” operational phase. The new pellets facility being built in option2, and contains a content index. The information the US is due to start up in 20163. provided has been validated by PricewaterhouseCoopers & Associados, S.R.O.C., Lda., by an external audit, that can The report is available in paper and electronic format, at HIGH PRIORITY ASPECTS be consulted in annex. the Portucel Group’s institutional website: www.thenavigatorcompany.com. The report now published encompasses all the Group’s Ecient financial Sustainable Sustainable forestry Customer and operational management Strategic plan Job creation companies and activities which contribute to pulp and The annexes on Methodological Notes and the GRI management satisfaction management of value chain paper production and sales, although the financial Content Index, that contain the information about indicators, for reasons relating to consolidation, include all Human Resources, are included only the online version. the Group’s business operations. The scope of this report does not include business activities geared exclusively to power generation, as the document is focussed on the Group’s core business in the period of report, pulp MEDIUM PRIORITY TOPICS and paper production, and therefore takes in only the cogeneration facilities associated with this activity. Ethics/ Innovation Stakeholder Ecient energy transparency/ and innovative Water management Air emissions engagement management anti-corruption products Ecient Local development Human capital Health and safety management of raw and support for development Labour relations at work and subsidiary the community and attraction materials and retention of talent 1.3 TELL US your OPINION5 Your opinion is important in helping the Group to improve For any further information about this report, or for any its sustainability management and to draft its reports. related enquiries, please contact: A questionnaire has been designed for your feedback about this report, and we would be delighted to receive Portucel Group your contribution. You can find the questionnaire at: www.thenavigatorcompany.com. Mitrena – Apartado 55 2901-861 Setúbal – Portugal Ana Nery Phone: 265 709 000 | Fax: 265 709 165 E-mail: [email protected] José Ataíde 1 G4-28 Phone: 233 900 200 | Fax: 233 940 502 2 G4-32 4 G4-18, G4-19, G4-20, G4-21 3 G4-6, G4-8, G4-17, G4-23 5 G4-3, G4-5, G4-31 E-mail: [email protected] THE NAVIGATOR COMPANY 13 2 STATEMENTS BY THE BOARD OF DIRECTORS AND BY THE ENVIRONMENTAL BOARD 2 STATEMENTS BY THE BOARD SUSTAINABILITY REPORT 2014/2015 OF DIRECTORS AND BY THE ENVIRONMENTAL BOARD Pedro Queiroz Pereira Diogo da Silveira Statement by THE Board OF Directors6 This Sustainability Report, covering the period 2014/2015, Growth and change were also in evidence in the launch The Social Development Programme in Mozambique produced an international cross-border commitment to offers further proof of the Portucel Group’s sense of of the new tissue business, leveraging acquisition of the is a prime example of the Group’s social concerns. Up decarbonising the economy and reached a consensus in responsibility and its genuine commitment to pursuing Ródão Industrial Complex, doubling its capacity and fully to 2015, this programme engaged directly with 4,600 calling for a new era of biotechnology, where paper will sustainability. Without ever losing sight of its business integrating it into the Group. families in six districts of Zambézia and Manica provinces, be increasingly important. objectives, the Group prides itself on its transparency complementing the involvement of 15,000 individuals and responsibility, and on the conviction, dedication Change and renewal could also be seen in much of in the public consultation process conducted for the The Sustainability Report is therefore the living proof and rigour it puts into caring for its social and natural the Group’s structure, as corporate functions were project’s Environmental and Social Impact Assessment. that, in its convictions and its actions, the Portucel Group environment. strengthened, especially in the field of sustainability, intends to continue contributing to making Sustainable with the creation of the Sustainability Department and We took on new voluntary responsibilities during the Development and Social Responsibility truly achievable The reporting period now ended was a time of inauguration of the Sustainability Forum, a new arena for period in the WBCSD – World Business Council for in Portugal and around the world. consolidation and growth, and also of change, renewal dialogue and cooperation with the Group’s stakeholders. Sustainable Development, as co-chair of the Forest and international expansion.
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