Our 2021 reporting theme
In 2020, the Covid-19 pandemic precipitated a public-health crisis which quickly evolved into an economic, social and, in places, organisational crisis. It completely disrupted the way we all lived, worked and interacted. However, we continued to focus on a brighter future. Having launched our Thrive25 strategy at the beginning of 2020, we were well positioned to evolve and adapt within this context of constantly shifting global forces.
The following year, against the backdrop of the so-called 'new normal', we advanced our strategy by moving from the short-term need to secure our future to responding to a world economy which re-opened for business faster than expected.
In FY2022, we experienced the convergence of global risks and challenges, including the ongoing global pandemic, energy scarcity, rapid inflation, geopolitical tensions, extreme weather events and logistical bottlenecks. Realising that the 'new normal' presents both challenges and opportunities, we amplified our actions as a company providing renewable woodfibre resource solutions, protecting the interests of our communities and employees and continuing to help build a more sustainable, inclusive world. The actions we prioritised that delivered our record performance and moved us forward in delivering on our purpose and our Thrive25 strategy are detailed throughout this report.
The steps we have taken to amplify our positive impact on the world would not have been possible without close connection and collaboration with our stakeholders, particularly our people.
Together, we will continue to anticipate challenges, innovate, work towards a lighter footprint on the planet and live up to our social compact.
Together we will continue to amplify value – not just enterprise value – but value for all our stakeholders as we work to build a thriving world.