Ensure 60 Percent Total Certified Fiber Content
We continue to support and recognize the efforts of multiple, third-party certification programs, including the Forest Stewardship Council® (FSC®), the Sustainable Forestry Initiative® (SFI®) and the Programme for the Endorsement of Forest Certification (PEFC). One hundred percent of our wood fiber is sourced from well-managed forests in accordance with the FSC® controlled wood standard as well as the SFI® certified sourcing standard. Building on the strong legal framework within the US, these standards offer additional assurances that there are no controversial sources in our wood and fiber supply. Our performance against this goal is measured as percentage of certified fiber (from both the pulp we produce and that which we buy) in all our products across all three mills.
Reduce the Total Amount of Energy Expended in Making Each Ton of Product by Five Percent
Energy is an ongoing topic of concern globally and is extremely important to Sappi and our stakeholder groups. Energy from fossil fuels is linked to climate change and is a major cost driver in the wood products industry. Therefore, we have established a goal to reduce energy intensity by five percent.
Reduce Pulp Mill Raw Material Waste by Ten Percent and Paper Mill Waste by Five Percent
Efficient use of raw materials lowers cost and reduces environmental impacts. We are targeting a 10 percent reduction in raw material waste in our pulp mills. We track losses by measuring the amount of fiber in the pulp mill process drains before these streams enter our on-site treatment plants. In the paper mills, process losses are made up of fiber as well as pigments used as fillers in the base sheet and paper coatings.
Achieve or Exceed 12 Percent Return on Net Operating Assets
Return on net operating assets (RONOA) is a clear indicator of the financial performance of our operations and the ability to effectively use our asset base to generate profit. We have built flexibility into our manufacturing systems to provide our operations personnel with more tools to manage the business. Our teams work to achieve increased operational efficiencies while closely managing both fixed and variable costs.