LIBRA at a Glance severe hen disease and the resulting contamination of a large number of eggs. However, the overall decline in sales was mainly caused by a reduction of vegetable production due to a major decrease of vegetable export from LIBRA’s main customer ISIS. The main contribution to sales remained composting and the related business of carbon credit generation. At the end of 2010, LIBRA had a total number of 107 employees, only two of which were women. This does not include the seasonal workers that are contracted by the company directly. Egyptian tradition makes agricultural production foremost a male domain. A typical high share of 65% of all employees work in the production. That means they are either directly involved in the animal husbandry or on the field. The turnover of employees working for more than one year was 28% and the turnover including employees that left in the first year amounted to 14%. In 2010, a relatively high share of 945 training hours were devoted to LIBRA, which represents 3% of the Group’s total training hours. From these training hours the large shares of 20% and 47% were distributed to senior and middle management respectively. LIBRA has a workforce that makes up 6% of the total employees. In addition, the company is responsible for 7.2% of total emissions. With the yearly consumption of 2,818 m3 the company uses 2% of the total water consumption for SEKEM operations and activities (excluding agricultural consumption).
LIBRA was founded in 1988. The company produces milk, eggs, meat, fodder and began producing compost three years ago. Altogether, LIBRA has five different products. All products serve solely as raw materials for the other SEKEM companies, which process them - except for compost and the related carbon credits, which are sold and traded on the open market. LIBRA takes care of SEKEM’s animals (for details see chapter “Animals”, page 58). The new composting activities, which take place on an additional 20 feddan (= 8.4 ha), close the value creation cycle by using the agricultural and organic waste from production and provide significant potential to offset CO2 emissions. In a short time period, composting boosted LIBRA’s revenues significantly. In 2010, LIBRA produced 66,916 tonnes of compost compared to 63,107 in 2009. In 2010, almost 70% of all revenues came from composting, which is positively influencing the performance on the innovation aspect of the company as well. In 2010, total yearly milk production increased from 1,606,000 liter to 1,669,088 liter. The average milk production per cow per day increased from 22 liter/day to 23 liter/day. Unfortunately, LIBRA has experienced a huge decrease in egg production (from 2,724,035 eggs in 2009 to 939,478 in 2010) due to
Production Quantity (tonnes) 2,500 1,990
Tonnes
2,000
1,669
1,500
Sales History (mio EGP)
1,000 500 80
90
0
63
67
1 1
2010 2009
31.2
3,500
3,300
Pieces (‘000)
3,000 2,500 2,000 1,500 1,000
939
500 0
68
SEKEM Report on Sustainable Development 2010
EGP mio
27
Eggs Production Quantity (‘000 pieces)
23.4