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SUSTAINABILITY

REPORT 2006


VERIFICATION STATEMENT AT THE REQUEST OF FINSBURY GREEN PRINTING WE HAVE REVIEWED THE BASIS OF THE FINSBURY GREEN PRINTING SUSTAINABILITY REPORT 2006. The report has been compiled by Finsbury Green Printing and approved by the Managing Director. Sources of information related to data supplied are noted within the report. Elements of our review include - review of data by management responsible for compilation of this report - review of relevant supporting information - discussion with the author of the report.

Based on our review we support the following conclusions - underlying data supports statements made in the report - the data has been correctly collated from information sources provided by management - the data is true and correct based on the source information.

Rebecca Giles Consulting Pty Ltd Rebecca Giles B.E, M.I.E Aust, C.P.Eng, RABQSA International Lead Environmental Auditor


CONTENTS 3

Foreword

5

Act Like a Leader

6

Introduction

7

Our Policy

9

What We Do

10 Projects and Initiatives 13 Our Performance 13 Targets and Objectives 2006-07 14 Social Responsibility 16 Awards 17 Facts and Figures

REGENERATE


RECYCLE

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FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006


FOREWORD WHEN ENVIRONMENTAL ISSUES BEGAN TO EMERGE AS DRIVERS OF MAINSTREAM CORPORATE BEHAVIOUR IN THE 1990s, THE RESPONSE WAS THAT ENVIRONMENTAL INITIATIVES NEEDED TO SATISFY TWIN CRITERIA OF GOOD BUSINESS AND GOOD ENVIRONMENTAL OUTCOMES. Corporate strategists looked for solutions to environmental problems that could also produce positive business outcomes. These solutions, it was argued quite correctly, would be more sustainable than solutions that were put in place without a solid business case. At about the same time, the Forest Stewardship Council (FSC) was emerging in the wake of the Rio Earth Summit. Frustrated by unstoppable deforestation in the Amazon and other sensitive forests, or the ongoing conflict being played out in European and North American retail stores, summiteers and others were determined to find solutions. They kept talking and eventually met to talk about Principles of Responsible Forest Management and the criteria for implementing those principles. Principles that recognised the importance of economic, social and environmental issues in forest management. FSC began to take shape in the second half of the 1990s when the first forests were certified and products began to appear in North American and European markets carrying the initials and the distinctive check mark tree logo. The system was taken up initially by major retail chains anxious to head off the protests that disrupted their business activities. FSC certification became a feature in supply chain policies for major retail chains across Europe and North America.

In Australia, the first FSC certificate in the paper industry was issued in November 2005 to PaperlinX Australia Pty Ltd. As soon as supplies became available, Finsbury began to make inquires about FSC certification. Finsbury was issued their FSC Chain of Custody certificate in February 2006. Reports from the market indicate that demand is healthy and companies committing to FSC products are benefiting not only from the environment and people, but their own position in a competitive market. This same spirit of striving to do better has undoubtedly pushed Finsbury to its leading industry status, as well as being chosen as a winner in this years United Nations Environment Day Awards. But what is really impressive, as is evident in this report, is the way Finsbury continues to find new ways to tackle environmental challenges facing the printing industry as a whole. I commend this Sustainability Report 2006 to you. Michael Spencer Forest Stewardship Council Australia

The market for FSC certified paper quickly exploded. In the first six months of 2006, the number of FSC certified companies in the pulp and paper sector grew by 25 per cent in Europe and North America.

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

3


RESPONSIBLE

4

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006


ACT LIKE A LEADER THIS PAST YEAR SEEMS TO HAVE BEEN THE YEAR WHEN ‘GREEN’ ISSUES BURST BACK INTO THE HEADLINES STRONGER AND MORE POTENT THAN EVER. Against the backdrop of some very sobering scientific assessments of the challenges facing us as a society, we are witnessing a surge of media interest in all things environmental. Note the impacts of climate change in Australia as one very obvious example.

Our 2006 Sustainability Report – the first in this new format and the third annual publication detailing our environmental and social performance, reinforces our strong and ongoing commitment to transparency and continuous improvement.

In many industries, as well as our own, it is very evident that companies who haven’t caught up with the urgency of tackling environmental impacts are suddenly realising how much ground they have to make up.

In order to continue on our sustainability journey we must work together with our customers, employees and suppliers to achieve meaningful targets for measuring our ongoing performance. The Sustainability Report 2006 showcases our performance against those key sustainability targets.

At Finsbury, we have never had any regrets about the course we have taken. Care for the environment and the pursuit of sustainability has always been good business practice. Today, it is the primary feature of our company culture and is a distinctive point of difference from almost all of our competitors. In the past year we have worked hard, and it seems successfully, at maintaining our high environmental standards while our business has gone through another period of growth. Much of this success continues to be the willingness of our staff to embrace the sustainability culture.

Finsbury Green Printing continues to offer organisations a clear method of meeting the increased demands from customers, shareholders and employees. As Australia’s leading environmental printer our aim is to not just talk like a leader, but to act like one. Ernest Orel Managing Director

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

5


INTRODUCTION FINSBURY IS A PRIVATELY OWNED AUSTRALIAN COMMERCIAL PRINTING COMPANY, WITH A TRADITION OF EXCELLENCE, SERVING NATIONAL CUSTOMERS FOR OVER 33 YEARS. The company operates from two purpose built plants in Thebarton (Adelaide) and Port Melbourne, along with a print management facility at Mulgrave (Melbourne) and a sales office in Ultimo (Sydney).

In October 2004 Finsbury Printing became Finsbury Green Printing and Finsbury Print Management – names that better reflect our position as Australia’s leading environmental and solutions company.

Not only one of the largest commercial printing companies in Australia, with an impressive range of digital, printing and finishing equipment, we are also one of the most decorated, with a dedication to quality that has resulted in consistent recognition of excellence.

To coincide with the official launch of our new name we also released our Environment Report 2004 and in doing so became the first Australian printer to publish a fully audited account of our environmental activities.

In the past 20 years Finsbury has won a staggering 308 international, national and regional print awards and six environment awards. Throughout our entire history we have committed significant resources to research and development in order to remain at the forefront of our craft and to keep providing our customers with new processes and technologies. Finsbury was the first printing company in Australia to be simultaneously awarded ISO9001:2000 Quality Management and ISO14001 Environment Management Systems’ certifications. In 2005 this was extended to include the new ISO14001:2004 certification. In July 2002 Finsbury, became the first commercial printer in Australia to launch an environment brand, Finsbury Green Printing and began fostering partnerships with customers who value environmentally preferable products. Many of our customers carry the Finsbury Green Printing logo on their publications as a sign of their commitment and association with an eco friendly product.

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FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

In June 2005 Finsbury achieved its goal to become the first carbon neutral printer in Australia by planting trees on public land to offset Finsbury’s CO2 emissions. In February 2006 Finsbury became one of the first companies in Australia to become Forest Stewardship Council, Chain of Custody certified, the highest and most trustworthy international environmental and socially responsible certification for paper and timber products. Today all work produced by Finsbury around Australia is carbon neutral and produced under internationally accredited standards, using identical environment friendly processes and practices.


OUR POLICY FINSBURY BELIEVES THAT WE HAVE A RESPONSIBILITY TO PROTECT THE ENVIRONMENT BOTH LOCALLY AND GLOBALLY. OUR POLICY IS A REMINDER OF OUR RESPONSIBILITIES AND ASSISTS US TO SET CLEAR TARGETS FOR CONTINUOUS IMPROVEMENT. Local and global

Growth

As a manufacturer of printed products, Finsbury has developed this policy in order to protect the environment both locally and globally and to strive for continuous improvement in our performance. We are always trying to do things better than we have in the past and we aim to ensure that our staff and suppliers are involved in making this happen.

Our future planning is based on achieving a balance between the need to limit the environmental impacts of our business whilst not compromising our long term commercial viability. We encourage our staff and suppliers to make continuous improvement in their performance.

Good business Environmental management systems (EMS) are not only good sense but also good for business. Our EMS ensures that comprehensive policies and procedures are in place to manage our environmental impacts. Through regular internal and external audits and reviews of our operation and that of our suppliers, we are able to set clear targets for improvement and time frames in which to meet these targets.

Sustainability Sustainable development is about achieving a fairer and safer world for future generations. At all levels we try to minimise resource use including raw materials, water and energy and will use renewable resources when technically and economically feasible. This applies to our purchasing and new product development. As a certified Forest Stewardship Council (FSC) Chain of Custody (CoC) member, Finsbury avoids the use of illegally harvested wood products, genetically modified wood products, paper originating from forests with serious social conflicts or originating from uncertified High Conservation Value Forests. To that end, we rely on FSC CoC certified Australian paper merchants to ensure that they inform us of any paper that does not meet these requirements.

Waste and pollution As a responsible business Finsbury adopts the policy of reduce, reuse, recycle and then, as a last resort, we will dispose of waste using the safest and most responsible methods available. Finsbury is committed to protecting the quality of the land, air and water by regular compliance monitoring.

Safety Finsbury embraces the responsibility for the safety of staff, customers and of the communities in which we operate, as well as maintaining emergency plans to safeguard the environment within our workplace in the event of fires, floods or other natural disasters.

The law The minimum requirement for any environmentally responsible company is to observe legal requirements and regulations. Finsbury ensures that environmental laws are complied with at all times, and in the event of difficulties these will be reported to the appropriate regulatory authorities.

Education Raising awareness for a more sustainable future with our staff, suppliers and customers is a key ethic for our company. We are committed to the freedom of information regarding our environmental performance through our Sustainability Report. Similarly we are committed to taking a leading role in the printing industry and to that end actively discriminate in favour of the environment.

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

7


RENEWABLE

8

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006


WHAT WE DO AT FINSBURY WE ACTIVELY PURSUE A POLICY OF ALLEVIATING ENVIRONMENTAL IMPACTS BY ADOPTING GREEN TECHNOLOGIES, NEW ECO FRIENDLY PRODUCTS AND DEVISING NEW METHODS AND PROCESSES. Computer to Plate (CtP)

- Computers and monitors

Finsbury is an advanced user of CtP systems eliminating the need for film and its associated chemistry from the prepress process. Today all printing plates made at Finsbury are CtP. The benefits of the process include better print quality, faster press make ready and a reduction in energy, chemistry and waste materials.

- Glass containers - Ink tins - Magnesium blocks - Paper - Plastic containers - Plastic drink bottles - Polythene packaging - Steel drums

Vegetable based ink

- Timber pallets

Traditional printing inks are mineral solvent based and contribute to ever growing greenhouse gas emissions. Ninety nine per cent of all inks used at Finsbury are vegetable based. The key components being soy and linseed oil, which are made from renewable sources.

- Toner cartridges

Paper Paper comes in many environmentally responsible forms. From partly to fully recycled, using pre and post consumer waste, chlorine free and pH neutral or obtained from well managed sustainable forests. Finsbury is Forest Stewardship Council, Chain of Custody certified, the highest and most trustworthy international certification for paper and timber products. Buying FSC products supports the growth of responsible forest management worldwide. Our Green Paper Guide is designed to help customers understand the credentials of over 250 environmentally responsible paper ranges.

Waste management At Finsbury a wide range of materials is separated at their source for recycling or reuse, including - Aluminium containers - Aluminium printing plates - Blanket bars - Cardboard - Compact discs

Alcohol free printing Most printers continue to use isopropyl alcohol (IPA) in fountain solutions. IPA is the industry’s chief source of greenhouse gas emissions as well as the unpleasant odour in a printing plant. Today we are 97 per cent alcohol free and one of only a handful in Australia to achieve such a change.

Chemical reduction Finsbury has reduced its chemical and solvent usage by 85 per cent. This has resulted in consistently low factory to air emission readings. Our environmentally sound chemical recovery system takes used washup solution from presses, filters and separates the impurities and returns solution back to the press.

Water and energy As we know and understand in Australia, water and energy are precious and expensive commodities. Finsbury proactively explores ways to reduce consumption throughout the whole operation and has undertaken many measures to achieve this.

Purchasing At all levels of the company through purchasing of raw materials, capital investment and new product development we actively discriminate in favour of environmentally sound products and practices.

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

9


PROJECTS AND INITIATIVES IN 2006 WE HAVE UNDERTAKEN A NUMBER OF NEW AND EXCITING INITIATIVES. Forest Stewardship Council (FSC) Finsbury continued to set benchmarks for the printing industry in 2006. In support of growing corporate concerns toward the environment, Finsbury became actively involved with the Forest Stewardship Council and in February achieved Chain of Custody (CoC) certification. The FSC CoC is the highest and most trustworthy environmental certification for paper and timber products. FSC is an absolute guarantee to customers that the paper used is of the highest environmental value they can purchase anywhere in the world. The FSC was founded in 1993 in response to public concern about deforestation and demand for a trustworthy labelling scheme. Forests are inspected and certified against strict standards based on FSC’s 10 Principles of Forest Stewardship. In order to get FSC certification a forest must be managed in an environmentally, socially beneficial and economically viable way. Forests that meet these standards are given FSC certification and the timber is allowed to carry the FSC label. FSC is already well established throughout the world and as at 31 March, the total area certified to FSC standards was 73.3 million hectares. Eight hundred and eight Forest Management certificates had been issued and 4587 CoC certificates across 80 countries. Chain of Custody certification is available to manufacturers, distributors and retailers who purchase, use or sell certified wood or paper. CoC certification tracks the path taken by the raw material, from the forest to the consumer, including the forest manager, wood chipper, paper mill and paper merchant. In turn, Finsbury purchases FSC certified paper from CoC paper merchants to complete the chain of custody.

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FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

The FSC trademark is also able to be used on printed products and throughout the year we have printed an ever growing number of publications carrying the FSC logo. Currently FSC certified paper is available in limited ranges, however, over the next year it is anticipated that more FSC paper will become available in Australia.

Recovery Box An exciting initiative launched in September 2005 was the Finsbury Green Recovery Box, which is a reusable box for paper recycling and document storage. The Recovery Box is used for packing and delivering printed material to Finsbury’s customers. Once empty, it can be easily converted into a paper recycling box, by pushing down the perforated flap and inserting unwanted paper, including books, magazines and newspapers. The Recovery Box was designed to initiate recycling programs in customers’ offices by placing them under individual desks, in common areas (next to the photocopier, laser printer and fax) or used to store documents. By contacting Visy Recycling, customers can also have their boxes collected, or organise a more sustainable solution such as a regular recycled paper pickup. We have encouraged customers to reuse the box, rather than recycle it each time it becomes full. Finsbury developed this carton in conjunction with Edwards Dunlop Paper and Visy Recycling and it has proven to be very popular with customers.


In some instances we have provided a number of larger companies with empty Recovery Boxes for every individual in the company in order to establish a recycling culture.

To that end, Finsbury has maintained its 97 per cent IPA free status and continues to lead the industry in this technique.

Carbon neutral beta.f Water consumption continued to be a focus in 2005-06 with the installation of three beta.f fountain solution filtering devices into the group. Following a successful three month trial, three beta.f’s were purchased for our Port Melbourne and Thebarton plants. These units reduce water waste by 90 per cent as well as fountain solution consumption and press downtime.

Green Paper Guide A new and updated version of the Green Paper Guide was published in response to very positive customer feedback. This year we have raised the bar with regard to the paper stocks listed by providing better more qualified information. As a result we have established a ‘best choice’ rating system which has been given to each of the paper ranges according to sustainable principles and accepted environmental standards. Considerable research has been undertaken both by Finsbury and the paper merchants represented to ensure the information is accurate and the ratings fair. The Green Paper Guide continues to represent the most comprehensive guide ever published in Australia and was developed in conjunction with six major Australian paper suppliers; Edwards Dunlop Paper, Raleigh Paper, Spicers Paper, Dalton Paper, K.W. Doggett Fine Paper and CPI Paper.

After successfully reaching our goal to become Australia’s first carbon neutral printer in 2005, we have continued to maintain our CO2 status by planting trees to offset Finsbury’s 2003-04 CO2 emissions, using the direct sequestration method. This year’s event was held in Victoria on 1 June 2006 when 50 Finsbury staff, customers, suppliers and their families joined together to plant 1500 trees on French Island in Western Port Bay. The project was undertaken in conjunction with TreeProject. Special thanks must also go to our corporate sponsor Edwards Dunlop Paper for their support.

Green Tours In the past year we have continued to demonstrate our green innovations by conducting Green Tours of both our Thebarton and Port Melbourne plants. Customers and invitees have been given a detailed brief and inspection of some of the various techniques that we employ. A feature of the tours has been the interpretive signs displayed throughout the factories, describing practices and benefits of each of the specific techniques and these have remained on display.

Alcohol free printing As reported last year, alcohol free printing has been one of our greatest challenges and achievements, given that the overwhelming majority of printers in Australia continue to use isopropyl alcohol (IPA) in the printing process, despite international trends to the contrary.

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

11


REDUCE

12

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006


OUR PERFORMANCE SINCE 2002 WE HAVE MONITORED OUR ENVIRONMENTAL PERFORMANCE UNDER ISO14001:2004 (ASPECTS AND IMPACTS Q005). In 2005-06 a number of targets and objectives were set and significant achievements were reached. Despite continued sales growth in the past year almost all of our key indicators have improved, some significantly and we believe this continues to reflect a more efficient operation.

Energy audit Target: Undertake an energy audit with the target of reducing electricity consumption by seven per cent. Evaluation: A Level 3 Energy Audit was undertaken by consultants Energyfocus for the Thebarton plant. This target was achieved by the end of June 2006 with a resultant report tabled. Subsequently, the target of seven per cent reduction in 2006-07 has been revised to 10 per cent.

Dry waste to landfill Target: Reduce the amount of dry waste to landfill by 15 per cent. Evaluation: As detailed in Facts and Figures, dry waste to landfill decreased by a commendable 10 per cent. While not fully achieving our target in 2005-06, new long term goals have been set to ensure the ongoing reduction of waste to landfill and will continue to be a high priority.

ISO14001:2004 upgrade Target: Upgrade Finsbury’s Environmental Management System to the more stringent ISO14001:2004. Evaluation: Recertification under this new standard was completed at Thebarton on 14 September 2005 and

Port Melbourne on 19 September 2005. The process saw a number of significant compliance changes and improvements to the monitoring of environmental activities.

Corporate awareness Target: Increase the awareness and promotion of Finsbury’s ‘green’ initiatives to staff, customers, suppliers and the general public. Evaluation: This target was achieved in 2005-06, however, is regarded as an ongoing project. Finsbury continues to increase the promotion and awareness of our ‘green’ initiatives including - ongoing promotion through the Finsbury Standard, a quarterly newspaper distributed to staff, customers and suppliers - Green Tours of both Thebarton and Port Melbourne plants in the past year for customers and prospects - maintain carbon neutral status planting trees by staff, their families and suppliers - ongoing promotion through the Finsbury website www.finsbury.com.au - extensive induction and training of staff.

ISO14001:2004 Since certification in 2002, a total of 15 independent external audits of ISO14001 Environmental Management Systems have been undertaken at both plants by SAI Global and Quality Control Services, resulting in zero non conformances or any breach of the standard.

TARGETS AND OBJECTIVES 2006-07 Reduce energy consumption by 10 per cent in 2006-07. Reduce CO2 emissions by 12 per cent in 2006-07. Reduce the amount of dry waste set to landfill to zero by 2015. Restructure Occupational Health and Safety committees to encompass the environmental and improve employee participation in ‘green’ initiatives.

Reduce IPA use to zero in 2006-07. Increase the awareness and promotion of Finsbury’s ‘green’ innovations to staff, customers, suppliers and the general public. Establish Supplier Performance Agreements with suppliers and subcontractors, taking into account conditions of trade and baseline environmental expectations.

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

13


SOCIAL RESPONSIBILITY POLICIES AND REPORTS ON ACTIONS ARE IMPORTANT, HOWEVER, WHAT REALLY COUNTS IN CORPORATE SOCIAL RESPONSIBILITY (CSR) IS PUTTING THESE THINGS INTO PRACTICE ON THE GROUND. By law Finsbury is required to maintain OH&S records and in order to improve our performance, this year for the first time, we have chosen the following main indicators to evaluate our performance. Lost time due to injury In 2004-05 Finsbury experienced a total of eight compensation claims with an increase to 10 in 2005-06. In 2005-06, back related injuries accounted for 30 per cent and hand related injuries for 40 per cent.

This new section in our report highlights Finsbury’s commitment to our employees, suppliers and the communities in which we operate.

69

76

77

80

60

62

63

By far the most important issue relating to CSR is transforming the formal commitments we make into practice and ensuring that everyone down the line has got the message. CSR means different things and different priorities for different people. For our sales people it’s about good business ethics. For our plants it’s about health and safety. For our management its about our environmental performance and how we balance that with generating sustainable profit.

OH&S committees operate in both Thebarton and Port Melbourne plants and include staff members representing all departments and at least one member of senior management. The committees are primarily responsible for the effective implementation of OH&S policies and programs, which include work safety and training, risk assessment and rehabilitation assistance through rehabilitation providers for staff to make a safe and early return to work.

14

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

51

Occupational Health and Safety (OH&S) Employee well being is a basic prerequisite for good performance and OH&S is seen as a top priority at Finsbury. Our OH&S Policy is based on the group’s corporate values, business and human resource strategies and national OH&S legislation.

Days

Employees 40

20

0 2004-05

2005-06

Days lost due to injury* Port Melbourne Thebarton Total * Based on WorkCover claims.


4.0 2.9

3.0

3.5

Days

4.0

3.7

5.0

5.0

4.6

Absenteeism In 2004-05 on average, each employee took 4.6 days of sick leave, however, in 2005-06 this reduced to 3.7 days. In the coming year Finsbury intends to continue to explore ways to improve absenteeism, although the free flu vaccination offered to all staff may have had an impact on this reduction.

2.0 1.0 0.0 2004-05

2005-06

Average days lost due to sick leave per employee Port Melbourne Thebarton Total

Diversity Enhancing diversity in the workforce is critical to securing the long term success of Finsbury. By maximising the talent and expertise pool that Finsbury can draw on, the group will become more innovative and flexible as an organisation.

Diversity also strengthens the recruitment base in general and given the skills shortage currently being experienced in Australia, now and in the future, this has become a critical corporate responsibility. Today, 29 per cent of our workforce was born overseas including a broad spectrum of nationalities and this is anticipated to increase in 2006-07. As an active equal opportunity employer we are committed to the recruit the appropriate person – male or female for each position. Traineeships Finsbury has for many years been responsible for offering above industry average numbers of apprenticeships and traineeships. This has continued in 2005-06 with an intake of six new traineeships and five current apprentices. Employee Opinion Survey In 2005-06 Finsbury conducted its first Employee Opinion Survey to give staff the opportunity to provide valuable input into the company. All staff were invited to participate either via email or by hardcopy format. The survey was anonymous and conducted independently by Drake International. The results were published to all staff and the expectation is that senior management will take on board the findings with the view to respond in 2006-07.

Communities Finsbury supports many community activities across a broad range of causes in ways that make a positive difference. In particular Finsbury is a national sponsor for the Australian Graphic Design Association (AGDA) and in doing so promotes the association and assists in the education process of graphic designers and design students in printing technologies. Other activities in the past year have included corporate sponsorship of SA Great and SA Tourism as well as sponsorship and membership of three AFL clubs – Adelaide Crows, Sydney Swans and the Richmond Tigers.

Suppliers Finsbury is committed to proactively encouraging our suppliers to improve their environmental performance by acting in a legal and sustainable way and making a commitment to continuous improvement. In June 2005, Finsbury undertook our first Supplier and Subcontractor Questionnaire Program, where we asked these groups a range of questions particularly to their capability and attitudes toward environmental responsibility. In 2006-07 we are committed to improve the way in which we transact with our suppliers and a target to establish Supplier Performance Agreements will be a key focus.

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

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AWARDS ALL OUR ENVIRONMENT AWARDS ARE SPECIAL AND SERVE TO REINFORCE OUR LEADERSHIP POSITION. 2006 United Nations Environment Day Awards

2004-05 Good Business Environment Awards

Finsbury Green Printing was announced as the winner of ‘Business Enterprise Awards – Environmental Best Practice Program’ in this year’s United Nations Association of Australia, World Environment Day Awards at a gala presentation at Melbourne’s Grand Hyatt Hotel on 2 June 2006.

For the second consecutive year Finsbury Green Printing took out the Nature Foundation Good Business Environment Awards, this time in two categories. ‘Winner of the Environmental Leadership in Infrastructure’ and ‘Services and Leadership in Sustainable Product Development’.

The ‘Environmental Best Practice Program’ recognised Finsbury’s endeavours in supporting new ideas and producing new standards, and acknowledges the company as one that has actively demonstrated an awareness of their environmental responsibilities. The award showcases excellence in overall management or activities at a whole of business level, in relation to environmental considerations.

2005 City of West Torrens Business Environment Award World Environment Day celebrations on 6 June 2005 saw Finsbury awarded the 2005 Business Environment Achiever Award at a ceremony which recognised our ‘Ongoing Commitment to the Environmental Management System and Integrated Environmental Principles’.

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FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

2004 City of West Torrens Business Environment Award On World Environment Day 5 June 2004, Finsbury was awarded the 2004 Business Environment Award at a ceremony which recognised the outstanding achievements of Finsbury through Finsbury Green Printing.

2003 Good Business Environment Awards The 2003 Good Business Environment Awards saw Finsbury Green Printing an award winner of the ‘The Product that Reduces Environmental Impact or Contributes to Sustainability’ category as well as a high commendation for ‘The Service that Reduces Environmental Impact or Contributes to Sustainability’. The Nature Foundation Inc conducted the awards.


FACTS AND FIGURES FINSBURY HAS SELECTED THE FOLLOWING KEY INDICATORS TO EVALUATE ITS ENVIRONMENTAL PERFORMANCE. The statistics refer to the Thebarton (Adelaide) and Port Melbourne sites and the cut off date for the data was 30 June 2006. Thebarton was originally ISO9001:2000 QMS and ISO14001 EMS certified on 25 March 2002 and Port Melbourne on 19 November 2002. Recertification was completed at Thebarton on 14 September 2005 and Port Melbourne on 19 September 2005. This included an upgrade in both plants to ISO14001:2004 EMS.

Alcohol

49

60

36

43

50 40 30

13

20

0

1

4

6

10

2

Litres

Finsbury’s alcohol free printing environment has stabilised in the past 12 months as we have progressively eliminated IPA from both plants on all but one machine. This represents a spectacular 97 per cent reduction since June 2003. The target is to be 100 per cent IPA free in the next 12 months.

61 64 63

70

0 2002-03 2003-04

2004-05

2005-06

Litres of IPA used per million impressions* Port Melbourne Thebarton Total

Paper recycling

1.25

1.51

1.68

1.85

1.00

0.82

1.04

1.17

1.50

1.08

2.00

1.68

1.74

2.02

2.14

2.50

Tonnes

Paper and cardboard continue to be our largest source of waste, although all paper and cardboard waste generated at Finsbury is recycled. Waste volumes this year decreased by another 17 per cent highlighting improved efficiency in planning and estimating as well as reduced spoilage. This also represents a 28 per cent decrease since June 2003.

0.50 0.00 2002-03 2003-04

2004-05

2005-06

Tonnes of paper recycled per million impressions* Port Melbourne Thebarton Total

* A1 impressions per printing unit.

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

17


60

60

72

80

73

86

100

95

120

74

34 21

40

28

43

This year was the first full year of operation of EcoClean our environmentally sound chemical recovery system. Additionally a program of phasing out most Class 3 solvents and replacing with non flammable chemicals has been completed. As a result our use of flammable solvents has reduced by 85 per cent. Overall solvent and chemical usage this year decreased by 54 per cent and since June 2003 by 63 per cent. A corresponding reduction in chemical waste disposal of 57 per cent was very pleasing. A further decrease in 2005-06 is anticipated.

53

Solvents and chemicals

110

CONTINUED

Litres

FACTS AND FIGURES

20 0 2002-03 2003-04

2004-05

2005-06

Litres of solvent used per million impressions* Port Melbourne Thebarton

129

Total

112

140

82

69

80

50 15

26

40 20

29 22

60

51

Litres

100

85

99

120

0 2002-03 2003-04

2004-05

2005-06

Litres of all chemical waste disposed per million impressions* Port Melbourne Thebarton

103 95

113

116 111

87

Kilograms

120 100

122 111

140

93

160

Ink yield decreased by a very pleasing 16 per cent this year due mainly to a change from linseed based vegetable ink to soy. This decrease was unexpected, however, is very pleasing. A further reduction in 2006-07 is anticipated.

101 114

Ink

136

Total

80 60 40 20 0 2002-03 2003-04

2004-05

2005-06

Kilograms of ink used per million impressions* Port Melbourne Thebarton Total * A1 impressions per printing unit.

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FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006


90

81

85

89

40 41

36

49 36

40

50

60

54

80

39

A pleasing result this year has been the decrease in dry waste to landfill by 10 per cent. This is due to an increase in recycling activities and staff awareness, however, given that our manufacturing activities continue to grow, there is still considerable scope to reduce this further.

100

Cubic metres

Dry waste to landfill

20 0 2002-03 2003-04

2004-05

2005-06

Tonnes of dry waste disposed per year Port Melbourne Thebarton

3836 2289

3070

3247 2303

2856

3000

3067

4000

4006

5000

Kilowatts

A five per cent improvement in electricity usage efficiency simply reflects greater efficiency for the kilowatts of electricity used. However, longer working hours and the installation of additional equipment throughout the year has contributed to an increase in actual consumption.

4546 3957

Electricity

4714 4031

Total

2004-05

2005-06

2000 1000 0 2002-03 2003-04

Kilowatts per hour of electricity used per million impressions* Port Melbourne Thebarton Total

4.00 2.00

5.02 2.10

4.11

8.00 6.00

7.87

8.46

10.00

8.59

12.00

7.74

14.00

10.66

12.45 11.03

16.00

13.60

18.00

Kilolitres

Our activities continued to reduce water consumption in 2005-06 by 35 per cent, primarily due to measures undertaken in 2004-05 as well as the installation of beta.f fountain solution water filtering devices. Further measures are planned to reduce water consumption in 2006-07. Alcohol free printing techniques have been a significant contributor to a 55 per cent reduction since June 2003.

17.00

Water

0.00 2002-03 2003-04 2004-05 2005-06 Kilolitres of water used per million impressions* Port Melbourne Thebarton Total * A1 impressions per printing unit.

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006

19


2000

937

970

1500 1000

2635

2419 1450

1668

2500

1701

2404

3000

Tonnes

CO2 emissions have increased by nine per cent in 2005-06 due mainly to the increase in actual electricity consumption. Dry waste to landfill has reduced this year by 10 per cent and has had a positive impact upon CO2 emissions.

1256 1379

CO2 emissions

2638

CONTINUED

735

FACTS AND FIGURES

500

Despite this result, tonnes of CO2 equivalents per million impressions have decreased by 15 per cent, due mainly to improved efficiencies in manufacturing (impressions).

0 2002-03 2003-04 2004-05 2005-06 Tonnes of CO2 equivalents per year** Port Melbourne Thebarton Total

3.1 3.3 3.2

4.0

3.7

4.4

4.0

3.4

Tonnes

5.0

5.6 5.2

6.0

4.6

5.8 5.3

7.0

3.0 2.0 1.0 0.0 2002-03 2003-04 2004-05

2005-06

Tonnes of CO2 equivalents per million impressions* Port Melbourne Thebarton Total

3000

2027

Target 1817

1000

1500

1861

1500

2029

Trees

2000

2600

2500

500 0 2003-04

2004-05

2005-06

Number of trees planted to offset CO2 emissions CO2 offsets*** Trees planted * A1 impressions per printing unit. ** Australian Greenhouse Office Factors and Methods Workbook December 2005. *** CO2 emission offsets is based on a calculation of annual carbon absorption at the Monarto Zoological Park site by Australian Carbon Bio-sequestration Limited using the Australian Cooperative Research Centre for Greenhouse Accounting Remnant Vegetation Bio-sequestration model. One tree absorbs 1.3 tonnes of CO2 over 30 years or 43kg annually. 20

FINSBURY GREEN PRINTING – SUSTAINABILITY REPORT 2006


Adelaide 1A South Road Thebarton, South Australia 5031 Telephone (08) 8234 8000 Facsimile (08) 8234 8333 Melbourne 46 Wirraway Drive Port Melbourne, Victoria 3207 Telephone (03) 9644 9644 Facsimile (03) 9646 9877 48-52 Dunlop Road Mulgrave, Victoria 3170 Telephone (03) 9545 0780 Facsimile (03) 9562 1903 Sydney Suite 72/230 Wattle Street Ultimo, New South Wales 2007 Telephone (02) 9212 6422 Facsimile (02) 9212 6433



Sustainabitity Report 06