Sappi Ltd 2014 IR
The report highlights Sappi's transition into a profitable diversified woodfibre group, with EBITDA excluding special items increasing by 25% to US$658 million and net debt reducing below the US$2 billion target to US$1,946 million. The company successfully completed its first full year of expanded specialized cellulose operations, which contributed 46% of group EBITDA. Sappi also achieved zero workplace fatalities and increased its use of renewable energy to 53.93% globally. Additionally, the company completed the conversion of PM2 at the Alfeld Mill to specialty packaging paper and sold its Usutu forest products for US$97 million.
Company: Sappi Ltd
Sector: Materials
Country: South Africa
Year: 2014
Type: IR
Pages: 124
Sappi Ltd
The report highlights Sappi's transition into a profitable diversified woodfibre group, with EBITDA excluding special items increasing by 25% to US$658 million and net debt reducing below the US$2 billion target to US$1,946 million. The company successfully completed its first full year of expanded specialized cellulose operations, which contributed 46% of group EBITDA. Sappi also achieved zero workplace fatalities and increased its use of renewable energy to 53.93% globally. Additionally, the company completed the conversion of PM2 at the Alfeld Mill to specialty packaging paper and sold its Usutu forest products for US$97 million.
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Document Details
Report Year
2014
Reporting Period
Oct 2013 - Sep 2014
Fiscal Year
2014
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Water Consumption
Workplace Fatalities
Employees