Counting what matters OneFortyOne Annual Review 2020 the creative fibre group onefortyone.com OneFortyOne acknowledges the Traditional Custodians of Country throughout Australia and their deep connections to land, water, and community. We pay At OneFortyOne we’re our respect to Elders past and present and extend that respect to all First Nations people today. Reconciliation is an ongoing journey for OneFortyOne dedicated to the ultimate and we recognise that meaningful change takes consistent effort. We are committed to strengthening our relationships with First Nations people and being renewable – timber. guided by their knowledge of and connection to the land on which we live, work, and learn. In Aotearoa New Zealand, Māori communities have a Our forests and mills in strong spiritual connection between people and the land – the wellbeing of one sustains the wellbeing of the other. We strive to work closely in partnership with tangata whenua (people of the land/region), iwi Australia and New Zealand and hapū to be responsible intergenerational kaitiaki (stewards/guardians) of the land where our forests grow. produce wood products Contents that are used daily. 03 Introduction 04 Year at a glance OneFortyOne harvests and plants millions The Annual Review 2020 is a collection of our 08 Chairman’s Letter of trees every year. These trees form our stories from across the business throughout 10 CEO Report 175,900 hectares of forests, including the past year. thousands of hectares of conservation land It’s the projects we’ve undertaken, the progress that native species of plants and animals call we’ve made, and the things we’re still working Caring for our people home. Our forests also contain important on – a reflection on the year that’s been and 12 Creating and nurturing leaders at every level historical and cultural sites as well as artefacts an opportunity to count what matters. 13 Opportunities for learning leadership skills that we are committed to protecting. 14 Driving diversity across the organisation Our Jubilee and Kaituna Sawmills manufacture 15 Proud to be employing highly skilled timber products such as structural timber, essential workers decking and posts, which are used to build homes, fences, vigneron posts and even 16 Creating a culture of safety at Kaituna Sawmill chicken coops. Working with our industry OneFortyOne operations are an integral part of our communities. We are major employers in 22 Buy Aussie timber first the regions where we work and we’re proud to invest in supporting our local environment and Striving for better local people. 24 Drones are revolutionising weed management 26 Measuring timber quality without damaging trees 27 Helpful fungi promote tree growth and disease resilience 28 Addressing climate change with carbon farming Serving our communities 30 Transforming lives on the Limestone Coast 34 Connections and community Understanding our environment 40 Our fire readiness 44 Our forest certifications 46 Tracking our carbon footprint 49 Operational highlights 52 Leadership Team 54 Board of Directors 55 Corporate Governance 57 Home Safe & Well 58 Modern Slavery OneFortyOne | 3 Year at a glance Year at a glance OneFortyOne’s Annual Review 2020 Counting What Matters is working group, and a specific a summary of our operational, environmental and community Green Triangle Nursery Plan. COVID-safe measures to slow highlights over the calendar year. the spread included designated carpooling and working groups, employees bringing In 2020 we focused on: We hope these stories offer a 2020 also highlighted how their own food to site, eating small window into what the resilient we are as a team, outdoors, enhanced cleaning, • The wellbeing of our people forest and timber industries finding solutions and moving and constant monitoring. In • Growing, harvesting and have to offer. forward. Australia some of our skilled manufacturing timber Burmese contractors stepped The strength of people Our business begins in up, breaking down language • Customer service nurseries. By March 2020 we 2020 has taught us to expect barriers to help interpret the needed to work in a COVID- • Supporting the communities the unexpected and to reassess new requirements for their safe environment, so we where we live and work things we take for granted. colleagues. created a COVID response “Our team were impressively resilient,” says Craig Torney, Nursery Manager. “They took all the safety measures seriously and adapted again and again. Thanks to them, we were able to continue working almost completely uninterrupted.” In total, 1.5 million seedlings were despatched to other forest owners, 5.5 million to our Another driver focused project Those working from home on own Green Triangle Forests. We “Our team were impressively resilient. is the Portland-Nelson Road both sides of the Tasman could have 2.35 million cuttings set They took all the safety measures Weighbridge Integration. Every access all services required, aside for 2021 planting. seriously and adapted again and again. truck delivering export logs and we found remote working Focus on safety to our Portland export facility resulted in high autonomy and Thanks to them, we were able to must weigh in. productivity. Our Green Triangle operations are strong contributors to continue working almost completely Previously, a driver was required Mark Jones, Head of the local economy. The uninterrupted.” to disembark their truck and Technology described the forestry supply chain from enter data into the iWEIGH experience, “We’re often planting, tree care, harvest, Weighbridge system. The focused on cutting-edge transportation through to Craig Torney integration project involved technology, but during 2020 manufacturing is complex, Nursery Manager installation of registration we had to concentrate on with many people involved. reader technology to identify the flexibility of day-to-day We employ over 390 people the truck and load, and operational work, and it’s directly with an additional “Our people are generating In response to fatigue-related automatically supply load helped our people develop contractor workforce. better ways to work safer with vehicle incidents in the Green information. Drivers no longer new leadership styles.” greater efficiency, higher yields Triangle, we decided that all need to exit their vehicles on “The quiet of the forest doesn’t Our mill employees continued and lower costs. Like all good heavy vehicles hauling log and the weighbridge, meaning less tell the full story,” says Mick to work on-site throughout the contemporary businesses, we chip would be fitted with life- time taken, less errors, and a Theobald, General Manager lockdowns, quickly adapting are researching automation and saving technology. safer process. Green Triangle Forests. accounting for our footprint. to COVID-safe measures, and Guardian, by Seeing Machines, Working in new ways impressing everyone with their “We actively protect a diverse There is a lot to be proud of.” is a real-time driver fatigue and dedication. range of ecosystems, support “We are driven to ensure that distraction solution combining Thanks to our Technology community recreation, and every person comes to work in-cab intervention (alarm and Team, our operations spend significant time and and goes Home Safe and Well seat vibration) with support and continued during the energy preventing forest fires.” every day and in 2020 had analytics services. The system is lockdowns of 2020. We had several initiatives to improve scientifically proven to reduce many people working remotely, our safety performance.” the occurrence of driver fatigue which required a huge effort to events by 90%. get us all online and upskilled. 4 | OneFortyOne Annual Review 2020 OneFortyOne | 5 Year at a glance 30,000m3 $16m In Australia, the Jubilee Sawmill increased $16 million invested in two non-stop total sales volume by 30,000m3 continuous drying kilns Kaituna Sawmill operational highlights Jan - Dec 2020 (*) Jan - Dec 2019 Variance Log Volume (m3) 116,182 106,804 9% Average Sawmill Production Rate (m3/hour) 37.2 34.3 18% Total Sales Volume (m3) 67,196 57,490 17% Earnings Before Interest, Taxes, Depreciation, $4,681,490 $1,006,843 465% and Amortisation (NZD) (*) Excluded April 2020 where the mill was shut due to COVID - the remaining 11 months have been annualised Jubilee's Continuous Drying Kiln Producing renewable This significantly dropped Months later, with the team In New Zealand, we donated resources the unit cost to manufacture. now back on site, the project time and money toward the Importantly, the mill’s financial is due for completion in 2021. construction of the Great Taste During 2020, the teams at performance didn’t come at Trail, which goes through our Jubilee and Kaituna Sawmills “These kilns will give us more the cost of wellbeing. estate. We also sponsored achieved outstanding business consistent, higher-grade the Young Enterprise Scheme performance. Both Jubilee and Overall engagement in health timber,” says Paul Hartung, for local students, as well as a Kaituna exceeded business and safety across all levels of General Manager Jubilee range of educational, sporting performance targets despite the business improved, and Sawmill. “They do so using and environmental causes, each mill experiencing shut Kaituna completed 12 months less energy and with less including the Kea Conservation down periods. Lost Time Injury free. downtime, which makes them Trust, Iron Duke Sea Scouts, an absolute winner for both In Australia, the Jubilee Sawmill Investing in infrastructure the Tasman Rugby Union Club quality and efficiency.” increased total sales volume by and first aid training for Future At Jubilee Sawmill we have 30,000m3 – our highest sales The importance of Foresters. invested $16 million into two ever. Contributing to this was community non-stop continuous drying a combination of increased kilns to replace the old batch With many sports and DIY projects during lockdown, kilns. Each new kiln will be community events cancelled, housing stimulus packages, and 81 metres long, 12 metres supporting local initiatives less imported products coming wide and three metres high.