Sustainability goals

We see sustainability as a continuous process, in which we develop and improve step by step. In our sustainability programme, we define binding goals and actions for the different areas of activity in the company:

RESPONSIBLE CORPORATE GOVERNANCE

Increase the performance of our compliance management

  • 2022: Certification (ISO19600) of CMS
  • Annual training of 100% of the top management (in Cooperation with the International Anti-Corruption Academy)

Indicator: confirmed incidents of corruption (GRI 205-3)

Play a pioneering role in transparency and open communication

  • Open doors policy at all sites – 100% granted access by request
  • Annual open doors events at each mill 2021: At least 2 local stakeholder events annually in Romania

Indicator: Feedback from Stakeholder survey

SUSTAINABLE SUPPLY CHAIN

Zero wood from virgin forests or National Parks

  • 2021: Extend the existing policy to exclude wood originating from virgin forests or National Parks to Ukraine and Belarus
  • 2022: Introduce a new biodiversity policy

2025: purchase of 100% wood only from certified forests

  • Renewed association with the FSC®
  • Continue certification with PEFC
  • 2020: Apply for SFI global certification

Constant Improvement of our Due Diligence system to ensure a sustainable supply chain

  • Increase physical traceability of the origin of wood through research and implementation of new methods
  • 2021: Extending Timflow to suppliers and other companies

Indicator: Percentage of logs that are physically tracked

ENVIRONMENTAL PROTECTION AND CLIMATE CHANGE

2025: Achieve a 25% reduction in GHG emissions (per unit)

  • Continue the implementation of the environmental programme
  • 2021: Benchmarking and revision of the programme (Benchmarking on energy efficiency and environmental performance in the sawmilling industry)

Indicator: GHG emissions/production unit

2025: Achieve a 30% reduction in energy consumption (per unit)

  • Continue the implementation of the environmental programme
  • 2021: Benchmarking and revision of the programme
  • Indicator: energy consumption/production unit

Indicator: CO2 emissions/producti

Reduce the environmental impact of our activities

  • 2022: Roll out the environmental management system across the entire group
  • 2022: Increase the proportion of ash that is recycled rather than deposited in landfills to 100%
  • Increase the number of recycled waste

Indicator: different KPIs from EMS on unit

EMPLOYEES

Be a fair, responsible, attractive employer

  • 2020: Revise the social package for workers in Romania
  • Further development of employees’ competencies; Creation of new training programmes and learning opportunities
  • 2022: Introduction of a retention policy

Indicator: fluctuation rate (GRI 401-1)

Continuous improvement in Health & Safety

  • Zero severe accidents in the entire group
  • Implementation and Certification (OHSAS 18001) of a Health& Safety Management System Implementation and Certification (OHSAS 18001) of a Health & Safety Management System in selected factories.

Indicator: injury rate GRI 403-2

REGIONAL PARTNERSHIPS

We support low impact forestry in Romania

  • Conduct a Low impact forestry programme together with partners (Tomorrow’s Forest Foundation)
  • Continue strategic collaboration with the Tomorrow’s Forest Foundation

Strengthen the regional development in the areas of our production sites

  • Increase the amount invested in regional CSR programmes

Indicator: annual investment in regional CSR programmes

CUSTOMERS & PRODUCTS

Secure quality for customers

Standardisation and unification of quality management (Database/Benchmarking)

Keep long-term partnerships

  • Consequent continuation of customer support
  • Market developments for new products

Indicator: Duration of Customer relation

We have exercised great care in collecting the data and other information contained in this report. However, the possibility of errors cannot be ruled out completely. Statements about future developments are based on information and forecasts available to us at the time this report was published. The latter have also been meticulously recorded. Nevertheless, multiple factors and developments may result in variations. We therefore apologise for the fact that we can give no guarantee that the data or other information contained in this report is correct. This report is based on the publisher’s current business policy, which is subject to change. No claims or other rights of any kind against companies of the publisher or their board members or employees may be derived from or in connection with this report. Any liability of these companies, board members and employees arising from or in connection with this report shall be excluded.