Through collaboration and innovation, we will grow profitably, using our strength as a sustainable and diversified global woodfibre group, focused on dissolving pulp (DP), graphic papers, packaging papers, speciality papers and biomaterials.

Grow our business

Sustain our financial health

Drive operational excellence

Enhance trust
* Earnings before interest, taxation, depreciation and amortisation (EBITDA).
Guided by our strategy, we measure our progress holistically against our mission, collaborating and partnering with stakeholders as we strive to be a trusted and sustainable organisation with an exciting future in woodfibre.
Please click on a strategy to view its performance:
Indicator selector
ROCE (%)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs

ROCE, is an important measure that assesses long-term profitability by comparing how effectively assets are performing with how these assets are financed.
® Linked to executive remuneration

EBITDA (US$ million)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs
EBITDA measures how we performed operationally as a company.
® Linked to executive remuneration

EBITDA margin (%)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs

EBITDA margin is an important and comparable measure of our profitability (excluding the impact of financing, accounting treatments or tax implications) against our revenue.

Sales (US$ million)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs

While not the only determinant of financial success, sales is a key measure of demand, customer loyalty and a critical contributor to profit.

Net debt (US$ million)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs
Given the capital-intensive nature of our operations, we need to raise debt to complete significant projects that enable our long-term success. Net debt comprises current and non-current interest-bearing borrowings and bank overdrafts (net of cash, cash equivalents and short-term deposits).

Net debt:EBITDA (ratio)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs

The net debt to EBITDA ratio measures our ability to pay off our debt should net debt and EBITDA remain consistent. EBITDA focuses on the operating decisions of a business as it looks at profitability from core operations before the impact of capital structure.
® Linked to executive remuneration

Lost-time injury frequency rate (LTIFR) (per million work hours)1
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs
LTIFR is an important measure of our business’ safety. We target zero harm and aim to improve LTIFR by at least 10% year-on-year.
® Linked to executive remuneration
△ Identified sustainability goal1
1 For this indicator, we have clear targets for 2025 that we are working towards. See our 2023 Sappi Group Sustainability Report for more information.

Gender diversity (%)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs

We view diversity as a key driver that enhances our competitiveness and viability as a business and contributes to a thriving world. We aim to appoint more women in senior positions.
△ Identified sustainability goal1
1 For this indicator, we have clear targets for 2025 that we are working towards. See our 2023 Sappi Group Sustainability Report for more information.

Supplier Code of Conduct (%)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs
Research indicates that 85% of consumers are more likely to buy from a company with a reputation for sustainability. By working together in partnership with suppliers, we can better identify risk, assess social and environmental performance, and encourage commitment to sustainable choices and the SDGs throughout our value chain.
△ Identified sustainability goal1
1 For this indicator, we have clear targets for 2025 that we are working towards. See our 2023 Sappi Group Sustainability Report for more information.

Sustainable engagement (%)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs

We rely on a productive and engaged workforce. Employee engagement has been linked to higher safety performance, lower staff turnover, improved productivity and efficiency.
△ Identified sustainability goal1
1 For this indicator, we have clear targets for 2025 that we are working towards. See our 2023 Sappi Group Sustainability Report for more information.

Specific GHG (Scope 1 and 2) emissions (kg CO2e/adt)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs
Since the UN Climate Change Conference (COP26) in Glasgow, Scotland in November 2021, climate impacts have worsened and carbon emissions have risen to record levels.
We align with the climate science by having our targets approved by the SBTi and are taking focused action to future-proof our business against the physical and transitional impacts of climate change and be part of the solution.
® Linked to executive remuneration
△ Identified sustainability goal2
1 For this indicator, we have clear targets for 2025 that we are working towards. See our 2023 Sappi Group Sustainability Report for more information.

Share of renewable and clean energy (%)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs

This target supports our commitment to carbon emissions reduction and focused action to future-proof our business against the physical and transitional impacts of climate change and be part of the solution.
△ Identified sustainability goal1
1 For this indicator, we have clear targets for 2025 that we are working towards. See our 2023 Sappi Group Sustainability Report for more information.

Energy intensity (GJ/adt)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs

Energy intensity is a measure of how efficiently we are operating. By continually improving this metric, we manage costs and lower our environmental impact.
△ Identified sustainability goal1
1 For this indicator, we have clear targets for 2025 that we are working towards. See our 2023 Sappi Group Sustainability Report for more information.

Specific process water usage (m3/adt)3
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs
Water has been identified as one of the most serious sustainability challenges facing the planet, partly due to the impacts of climate change. Forests and plantations, pulp and paper operations are highly dependent on the use and responsible management of water resources.
△ Identified sustainability goal1
1 For this indicator, we have clear targets for 2025 that we are working towards. See our 2023 Sappi Group Sustainability Report for more information.
3 This indicator applies to mills in South Africa, as they are at risk of experiencing operational water challenges.

Specific landfilled solid waste (kg/adt)
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs
Our continued focus to reduce solid waste to landfill supports the move towards a circular economy. This approach aligns with our purpose of contributing to a thriving world, one with less waste, lower costs and reduced environmental impact.
△ Identified sustainability goal1
1 For this indicator, we have clear targets for 2025 that we are working towards. See our 2023 Sappi Group Sustainability Report for more information.
4 The quantity of the total certified chips procured by Matane Mill for Q4 is incomplete. Subsequently, the certified fibre procurement percentage is lower and is expected to increase as all suppliers confirm their deliveries.

Certified fibre4
Our strategic performance indicators

Self-assessment of 2023 performance

Link to Thrive strategy objectives
Link to 3Ps and SDGs
We are committed to sourcing woodfibre from forests and timber plantations in a manner that promotes their health and supports community wellbeing.
△ Identified sustainability goal1
1 For this indicator, we have clear targets for 2025 that we are working towards. See our 2023 Sappi Group Sustainability Report for more information.
4 The quantity of the total certified chips procured by Matane Mill for Q4 is incomplete. Subsequently, the certified fibre procurement percentage is lower and is expected to increase as all suppliers confirm their deliveries.
