Total energy consumed is one of the most important mill metrics we have. It captures the efficiency of our operations in both the numerator (gigajoules of energy used) and the denominator (air-dried metric tons of paper produced). By running our mills more efficiently, energy consumption is lowered. If we ensure that all of the products we produce are saleable, then we avoid the energy waste associated with remaking the products.
At Sappi, we take a holistic view of value creation. As we shared in this year’s annual integrated report, value for Sappi is not only about delivering returns to our shareholders, it is about maximizing the value of every resource along the value chain to ensure those returns are sustainable. We recognize that our sphere of influence and impact extends beyond our mill gates. Accordingly, we strive to increase our positive impacts on people and planet as well as minimize our negative impacts, while securing prosperity through sustainable profit margins.
Roughly half the industries in our economy face significant water risks.
by Kirsten James, Director of Water at Ceres
Our research shows that roughly half the industries in our economy face significant water risks. That’s the startling insight we uncovered when we analyzed the sectors represented in the four main U.S. stock indices. These risks, including dwindling water sources, pollution, climate change and increasing competition, affect industries across the board, from agriculture to utilities, apparel to oil and gas.
May of 2020 presents a lush green face at the Frey Vineyards ranch in Mendocino County in northern California. It is two and a half years since the devastating wildfires of October 2017 (read Katrina’s 2018 article – Out of the Ashes on GreenMoney website). One still sees the burned silhouettes of stately Ponderosa Pine at the top of the ridges but progressing up the slopes are shrubby masses of tan oak, madrones and oaks that are stump sprouting from their strong pre-fire crowns. Frey Vineyards owns one thousand acres of land.
The food and agriculture sector is in the early stages of a far-reaching transition toward more sustainable food production and consumption. Growing environmental and resource pressures, changing consumer demands, technological innovation and ever-tightening regulatory interventions are disrupting depletive practices and unhealthy preferences. This transformation is creating fast-growing insurgent companies and changing the business models of incumbent firms, creating compelling investment opportunities for active investors.