2010 Annual Review

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pinwheel

Our organization has embraced a philosophy of "It is not what we make that matters most — it is what we make happen" throughout our fifty−year history. It is our long−standing commitment to making the world a better place and generating value for all our stakeholders, which drives the foundation of our sustainable practices. Below, we have highlighted the key areas of our SmartLife™ approach and our 2010 key areas of focus and achievement.

product performance

We focus on developing environmentally-favorable packaging that meets the demand for performance and value.

  • Incorporate life cycle thinking and tools in all business activities
  • Design solutions that reduce waste and product damage, while minimizing weight, material requirements and energy. Ultimately, optimizing convenience, performance and cube utilization, while lowering total unit cost
  • Utilize materials that minimize an environmental impact—striving to maximize the content of recycled or renewable materials in our products

 

 

Governance

We apply sound governance and manage our business in accordance with the highest standards of business ethics.

  • Stringent Code of Conduct and internal controls and practices globally
  • Maintain stockholder-friendly practices
  • Increase stakeholder engagement to create awareness about our SmartLife™ approach and associated initiatives
Workplace

We comply with all applicable employment practices and health, safety & environmental laws to ensure an inclusive and safe environment for our employees.

  • Continued to improve our safety performance—resulting in record 2010 achievement of 0.97 Total Recordable Incident Rate (TRIR) per 100 workers vs. 1.04 in 2009 (a lower number reflects improvement)

 

 

Community

We make a difference by improving the quality of life in the communities where we live and work.

  • Encourage and promote employee volunteerism
  • Respond to the needs of neighbors impacted by natural disasters
  • Combat the growing issue of world hunger through financial, technological and employee donations
In 2010, we added 6 new products to our family of sustainable offerings:
  • Korryu® Hybrid™ package—uses 30% recovered paper and is 100% curbside recyclable
  • Bubble Wrap® Recycled Grade cushioning—uses a minimum of 50% pre-consumer recycled content
  • Ethafoam® HRC (high recycled content) foam—uses up to 65% pre-consumer recycled content
  • Ethafoam® MRC (maximum recyled content) foam—uses up to100% pre-consumer recycled content
  • PakNatural™ loose fill—produced from over 95% renewable material
  • Instapak® RC45 foam—1st Instapak® foam solution using up to 25% renewable content
Diversity

We foster a culture that embraces an inclusive and diverse workforce.

  • Established a Diversity Council in 2010 represented by key Company leaders
  • Focused on achieving Council directives focused on employee and supplier diversity

 

Operations/Manufacturing

We are committed to reducing the environmental impact of our facilities.

*Goals reflect targeted 2015 performance vs. 2006 baseline.

  • Reduce our greenhouse gas emissions by 20%*
    – 2010 results: 13.3% reduction
  • Reduce our energy intensity by 10%*
    – 2010 results: 4.2% reduction
  • Achieve "zero to landfill"
    – 2010 results: 5% of material to landfill, a 2% improvement versus 2009
    – 60% of our manufacturing facilities achieved "zero to landfill" in 2010
In 2010, our employees supported local community needs through a variety of fund raising efforts:
  • Education
    • Ongoing sponsorship of Students In Free Enterprise (SIFE)
    • Mentoring and sponsorship programs established with schools in U.S., China, Australia, Guatemala
  • Natural Disaster Relief
    • Donations of our products and food through agencies such as the Red Cross, UN World Food Programme, and Caritas to help victims of natural disasters in: Chile, Haiti, Mexico, and Hungary
  • Local Charity Donations
    • Raised over 13 tons of food across several food drive campaigns
    • Toy drives
    • Blood drives
    • United Way
    • School supplies
    • Product donations
    • Charity drives
  • Community Improvement
    • Various clean-up and replanting projects in U.S., New Zealand and Mexico