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Norddeutsche Affinerie AG Copper Cathodes, Copper Wire Rod and Shapes, Norddeutsche Affinerie (NA) Is the Leading Which Was Acquired in April 2008

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Norddeutsche Affinerie AG Copper Cathodes, Copper Wire Rod and Shapes, Norddeutsche Affinerie (NA) Is the Leading Which Was Acquired in April 2008 SUSTAINABILITY REPORT 2008 2008 REPORT STAINABILITY DEMONSTRATING RESPONSIBILITY U S DehZZ[kjiY^[7\\_d[h_[7= PORTRAIT OF NORDDEUTSCHE AFFINERIE AG copper cathodes, copper wire rod and shapes, Norddeutsche Affinerie (NA) is the leading which was acquired in April 2008. Today, we copper producer in Europe and a global leader have some 4,700 employees in our 12 produc- in copper recycling. With almost 3,300 em- tion sites in seven European countries. ployees, it produced some 800,000 tonnes of copper and copper products in fiscal year COPPER PRODUCTION At NA we produce copper 2006/07 and is also one of the leading copper cathodes out of copper contentrates and recycled producers worldwide. The NA Group is active raw materials. Both types of raw materials are in two main business fields along the copper bought on the international markets; recycled value chain: raw materials are also procured on the domestic in copper production and copper processing. market. Our earnings are largely determined by Direct customers include companies in the treatment and refining charges that are agreed semi-finished product and cable and wire with raw material suppliers as the processing industries. The main customer sectors for cop- fee. Our copper cathodes fulfil the very high per are the electrical engineering and electron- quality requirements of the metal exchanges. ics industry, machine and plant construction The Copper Production Segment also covers the as well as the building industry and traffic production of precious metals, sulphuric acid, sector. The NA Group is oriented to long-term iron silicate products as well as metal and growth and increasing enterprise value. NA chemical products from the by-elements of was founded in 1866 as a joint stock corpora- copper in the raw materials. tion with investments held by Norddeutsche Bank and Allgemeine Deutsche Kreditanstalt COPPER PROCESSING As an integrated copper in Hamburg. After changes in the ownership group, we continue the copper value chain in this structure, the IPO took place in 1998. NA business segment and process our copper cath- shares are currently listed in the Prime Stan- odes into a variety of copper products. In the first dard of the MDAX. NA has also been listed in processing stage, we process the cathodes into the European STOXX 600 since September continuous cast wire rod for the cable and wire 2008. NA has additionally been admitted to industries and cakes and billets for the market the „Global Challenges Index“ of the Hanover and for processing further internally, i.e. into pre- Stock Exchange, a sustainability index with rolled strip, strips and shaped wire at our group strict criteria as regards the environmental production sites in Stolberg. Our revenues in the and social responsibility of companies. The NA Copper Processing Segment are determined by Group includes several subsidiaries and affili- earnings that reflect the value added. ated companies as well as the Belgian copper group Cumeria, an important producer of Market Competence in Copper Production and Copper Processing Mines and Copper Copper Processors recycling markets production processing and end users Concentrate Pre-rolled Shapes Strips markets strip Cathodes Shaped wires Recycling Wire markets Precious metals BASIS OF OUR SUSTAINABILITY REPORTING In order to show the trend in key figures, we Norddeutsche Affinerie (NA) has been publish- have given these, when possible and sensible, ing reports on its activities in the environmen- dating back to 1990. The key figures have tal protection sector since 2002. We extended been collected and evaluated in the specific the environmental reports for the first time in computer systems of the respective 2005 with aspects of our commitment for peo- sustainability-relevant sectors. ple. NA is now publishing its first extensive sustainability report in 2008. We wish to We wish to expand the consolidation frame- inform the community – above all our custom- work in future and expand our sustainability ers and shareholders – how sustain-ability is reporting to cover the whole of the NA Group. being practiced in the various sectors. In doing A summary of the sustainability activities of so, we wish to elaborate on what we actually Cumerio which we acquired in 2008 has al- do for the employees, the environment and the ready been included in this report community. Further The report is available in German and English. information on In our sustainability reporting, we are orienting You can also download it from our website the topic of the ourselves to the internationally accepted guide- www.na-ag.com as PDF. We expect to publish Consolidated Environmental lines of the Global Reporting Initiative (GRI our next sustainability report for 2009 as a Statement at G 3) as well as the supplement for our industry website in the internet. www.na-ag.com/ „Mining & Metal“. Unless stated to the contrary, konzern/ Environmental_ the report is related to NA AG with its sites in Further information on the individual topics Statement_2008. Hamburg and Lünen and covers fiscal year related to sustainability is given in our annual pdf 2006/07. In some instances, relevant activities report 2006/07 and in the environmental state- before and after the reporting period have been ment of NA AG published in August 2008. included. Key figures of NA AG related to sustainability Fiscal Year 2005/06 Fiscal Year 2006/07 Revenues €m 5,508 6,060 Taxes on income €m 47 91 Expenditure on research and development €m 3.7 3 Capex on environmental expenditure €m 7.2 20.1 Average number of personnel (∅) 2,425 2,443 Personnel expenses €m 150 177 Percentage of apprentices % 8.2 7.8 CONTENTS Foreword of the Executive Board 1 Sustainability in fiscal year 2006/07 – an overview 2 CORPORATE MANAGEMENT Sustainability as a management principle 6 Corporate guidelines 7 Corporate governance 8 Compliance 8 Risk and opportunity management 9 Stakeholder dialogue and memberships 9 PRODUCT RESPONSIBILITY Copper: the material of the future 14 Quality management 15 Research and development 16 ENVIRONMENTAL PROTECTION Environmental protection on own initiative 20 Environmental management system 21 In-house environmental protection 23 Climate protection 28 In discussion: REACH – the EU’s new chemical law Interview – environmental protection at NA 34 Procurement policy 36 ATTRACTIVE EMPLOYER Career prospects for personnel 40 Innovative remuneration system 42 Vocational and in-house training 44 Workforce diversity 46 Flexitime 50 Voluntary social benefits 51 Co-determination 51 Health protection 52 SOCIAL COMMITMENT Strategy and organisation 58 Promotion of integration projects and young people 59 Promotion of cultural projects 62 Social commitment of our employees 64 SUSTAINABILITY AT CUMERIO Glossary 70 GRI Content Index 72 DehZZ[kjiY^[7\\_d[h_[7= foreword FOREWORD OF THE EXECUTIVE BOARD DEAR READERS, I am pleased to be able to present you As a responsible organisation, we have com- with the first Sustainability Report of mitted ourselves on our own initiative to the Norddeutsche Affinerie AG (NA) today. continuous improvement of the health and environmental protection as well as the safety NA is a performance-oriented company that of our employees and fellow citizens. We wish actively pursues environmental protection to enhance our attractiveness as an employer and is regarded as an attractive employer and further. a good neighbour at all its production sites. To achieve this, we are continually striving to implement solutions to the great social chal- Sustainability is an elementary part of our lenges like climate change, shortage of re- Peter Willbrandt, Member of the Board corporate policy. Thus, NA has taken a leading sources and demographic change. We are position in environmental protection when doing our utmost to ensure that future gener- compared internationally. As the largest copper ations will find a future worth living. And we recycler worldwide, we make a significant con- benefit from that as a company as well: we tribution, for example, to conserving the raw secure the future of our company by sustain- material base and consequently save valuable able development. energy. The purpose of this report is to give you an Climate protection is an important corporate overview of how we are committing ourselves target at NA. For example, therefore, as the for mankind and the environment. We wish to first Hamburg company, we participated in show you how sustainability is being put into the climate protection concept of the Hamburg practice at NA. Senate in August 2007. We have committed ourselves to reducing CO2 emissions at the Hamburg site by 40,000 tonnes p.a. by 2012. We are very proud that we have already suc- I hope you will enjoy reading this. ceeded in achieving more than 50 % of this potential reduction already (saving of 22,000 tonnes of CO2 p.a.). At NA, sustainability also covers the social components in particular. These include not only the commitment for our employees, but also for the community in which we operate. Peter Willbrandt, We are, for instance, involved in the schools in Member of the Board, responsible for the immediate vicinity of the sites of Hamburg the Primary Copper Production and and Lünen and help the young people on their Environmental Protection Sectors way to starting their working life for the young October 2008 people by supporting various schemes. Sustainability Report 2008 1 DehZZ[kjiY^[7\\_d[h_[7= SUSTAINABILITY IN FISCAL YEAR 2006/07 SUSTAINABILITY IN FISCAL YEAR 2006/07 – HIGHLIGHTS Health management: Promoting talented young Research & development: NA’s health management people: The pilot plant for the system is commended as NA opens its doors to the production of a flexible, one of the best 10 in Ger- Technical University Day. copper-based CIS solar many by the Handelsblatt. About 600 schoolchildren cell is completed. P. 17 P.
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