CorporateProducts
  • Print
  • Refer a friend
  • RSS news feed

Governance of sustainability

Mondi is committed to strong ethical values and professionalism in all of its activities. As an essential part of this commitment, the boards of Mondi Limited and Mondi plc strive to achieve the highest standards of corporate governance and best practice, and are committed to the principles of transparency, integrity and accountability. A detailed account of corporate governance within the Group may be found on our website and in the Annual Report 2010 .

Highlights 2010

  • Sustainable development policy, sector policies and risk profile reviewed by DLC sustainable development committee
  • DLC Board reviewed the application of certain principles to the South African King III Code of Corporate Governance and the UK Corporate Governance Code ahead of 2011 compliance date
  • First in WWF’s Fine Paper Company Environmental Index
  • Recognised as best paper company for carbon disclosure by the Carbon Disclosure Project (CDP) in FTSE 350 and JSE 100
  • Included in FTSE4Good and JSE SRI indices

Taking stock: performance against commitments

This scorecard summarises our performance against our sustainability commitments in respect of governance.

Commitment

Performance

Demonstrate status of implementation of the Mondi sustainable development management system (SDMS)

Our SDMS – comprising the sustainable development policy, the seven sector policies, 20 management and operating standards, and 60 specific and practice-oriented performance requirements – provides the framework of our operational practices and ensures sustainability in conducting business at every level. The responsibility for implementing the SDMS is with operations' management and the Group provides support, guidance and training where necessary. In order to verify the implementation of the SDMS, checks are done by the Group sustainable development team and Internal Audit, along with self-assessments and external certification/verification. We are confident that the implementation fairly covers our performance requirements on safety and health, forestry and environment. However, we believe further work is needed to expand the SDMS implementation checks to ensure that they cover all performance requirements

Report progress against our sustainable development ommitments internally and externally

Internally, the progress against the sustainable development commitments has been a regular item on the agenda of the DLC sustainable development committee and the sustainable development leadership panel meetings throughout the year. Externally, we have reported progress against our commitments in every annual sustainable development report

All mill operations to obtain and maintain ISO 14001 certification or equivalent

16 out of 18 mills have ISO 14001 certification. The exceptions are the Tire paper mill, our acquisition in 2007, and Stambolijski which was mothballed in 2009 but restarted in 2010

75% of mill operations to obtain and
maintain OHSAS 18000 certification

12 out of 18 mills have OHSAS 18000 certification

Report sickness and absence rates

The sickness and absence rates have been reported on our website since 2008 based on our MORIS reporting system, and we have reported on these internally and externally

Last change: 18.03.2011

© 2012 by Mondi