In order to meet the challenges and opportunities of the next decade, The Navigator Company has established its 2030 Agenda, a responsible business management agenda which aims to increase the Company's positive contribution to value creation and sustainable growth in a changing world.
The 2030 Agenda was based on the results obtained from a consultation process with 540 internal and external Stakeholders a benchmarking analysis of international trends and using the United Nations Sustainable Development Goals as a reference.
With the goal of making a positive impact on people and the planet through our business, the 2030 Agenda consists of a central focus and three strategic areas of action, which are aligned with the Company's purpose and values.
The central focus - A Responsible Business - is company-wide and applies to all areas and all aspects of strategy. It includes themes such as ethics, risk management, value creation, and innovation. The three strategic areas of action seek to group together the important topics on which the Company has been focusing with greater ambition over the past decade. They are Nature, Climate, and Society.
Climate change is an existential threat to the Earth and human life and remains at the top of the world agenda, exposing the planet's limits, which point to new record high average global temperature in the next five-year period, and the unavoidable changes to our way of life. The climate crisis can be seen in the loss of biodiversity, in deforestation and the scarcity of resources. All of this accelerates degradation of the environment and the emergence of zoonotic diseases, of which COVID-19 is the latest example.
The world's population is set to grow to 9.5 billion by 2050, with an impact on the development of cities and increasing migratory flows. Demographic evolution has interacted with economic development, both through the ageing population and through intergenerational differences, challenging companies to develop and care for their human capital, on which their competitiveness depends.
New technologies, such as digitisation automation, Artificial Intelligence (AI), Blockchain and Big Data will enable companies to accelerate and widen their positive impact on the sustainable development of the economy and society. In addition to the risks of cyber-dependence, the digital transformation under way needs to make provision for protecting systems, programmes and network infrastructures (cybersecurity).
The 2030 Agenda for Sustainable Development represents a call to action in response to the global challenges facing humanity today. At The Navigator Company, we are committed to making the United Nations Sustainable Development Goals (SDGs) a reality.
During the development of the 2030 Agenda, an analysis of the United Nations SDGs was also carried out, including those that we consider a priority, in other words, the areas in which we can contribute more directly.
From this perspective, three contribution levels have been defined for the SDGs, according to the influence that the Company has on the success of these global goals: Core, Supportive, and Other.
In its 2030 Agenda, Navigator has identified the areas in which it can make a positive impact on the SDGs considered to be Core Goals, thus providing an opportunity to create sustainable value in the long term and to transform the Company, along with the whole industry, so that future challenges can be addressed.
Generating a positive impact on these SDGs is an opportunity to create long-term sustainable value and to promote transformation of Navigator, and the sector as a whole, in order to respond to future challenges.
The road Navigator takes through to 2030 will have an impact on these SDGS, directly or indirectly. Responding to these SDGs is an opportunity for sustainable economic growth through more responsible management of resources, generating value in communities and establishing partnerships.
Navigator's 2030 Agenda will interact less directly with these SDGs, although there is a potential positive contribution through the Company's commitments and business plans.
ETHICS, TRANSPARENCY AND INCLUSION
Development of the Ethics and Compliance Training Program for Employees
RISK MANAGEMENT AND BUSINESS CONTINUITY
Launch of new packaging segment
INNOVATION, TECHNOLOGY AND R&D
more than 25%
gain in yields from seeds produced at RAIZ
2 NEW TISSUE PRODUCTS
with reduction targets for scopes 1, 2 and 3
Overall frequency rate of 6.6
Analysis of state of health
CHILDREN IN GIVE THE FOREST A HAND
INVESTED IN SOCIAL DEVELOPMENT PROGRAMME IN MOZAMBIQUE
The Navigator Company is committed to sustainability and tackling challenges arising from this across its entire global value chain. The 2030 Agenda is the strategic benchmark that guides the Company's response to global macro-trends, such as climate change, and the challenges that these trends pose for business development.
The circular economy is a strategic concept based on the reduction, reuse, recovery, and recycling of materials and energy, which includes the design of a more resilient economic model. It involves the sustainable use of natural resources, in which all products form part of a cycle and are reused several times in the production process.Response
Our production model is based on several principles of the circular economy and is designed to maximise efficiency and safeguard natural resources. We currently return over 80% of the water we use to the environment, and 90% of the raw materials we use are of renewable origin. By 2030, we aim to recover 90% of waste that is produced.
To recognise the importance of analysing the supply chain and understand what impacts the business has across the value chain. The adoption of ethical practices and respect for the environment and human rights are issues that companies should take into consideration when reviewing their suppliers.Response
We seek to ensure the resilience of our supply chain, which is 74% domestic. We have a Supplier Code of Conduct, which aims to ensure alignment with Navigator's ethical, environmental and social guidelines. We survey supplier carbon footprint reduction commitments with a view to supporting those who do not yet have instruments and policies in this field.
Human capital is a company's greatest asset and a differentiating element in its development strategy. In the search for sustainable competitive advantages, it is intellectual capital such as knowledge, experience and expertise that increasingly influence the competitiveness of companies.Response
Our strategy is focused on enhancing and protecting our people. We internally promote opportunities for professional and career development for our employees, by creating customised plans, and aligning their needs with those of Navigator. The objective is to cover 80% of employees with these plans by 2030, including training and establishing responsibilities and differentiation criteria that can guide the professional development of each one. We have improved occupational health programmes.
Biodiversity loss is one of the most pressing global crises of our time. Promoting the protection, conservation and restoration of nature and ecosystems is crucial in obtaining benefits in terms of climate regulation, resource availability, and other environmental and social services.Response
The forest areas under our care are managed sustainably, are 100% certified by FSC® and PEFC* systems, and we are committed to generating a positive impact on biodiversity, through conservation and monitoring actions. We promote the afforestation of scrubland areas with native species and production species that are managed according to a sustainability model. We also positively influence the conservation of biodiversity in third-party areas by sharing expertise, training, and spreading awareness. We develop additional projects in the area of agroforestry, which combine production forestry with other uses of the land.
* FSC - Forest Stewardship Council® (Licence no. FSC® - C010852); PEFC - Programme for the Endorsement of Forest Certification schemes (Licence no. PEFC/13-23-001)
The risk of failure in climate action is considered by the World Economic Forum as being the single most damaging issue for society, the economy, and the planet, in both the short and longer term, and it reiterates the need for an economic recovery based on a low-carbon model.Response
In our Carbon Neutral Roadmap, we have made a commitment to invest in low carbon solutions with the aim of reducing direct CO2 emissions from our industrial sites by 86% by 2035. We also intend for 80% of the primary energy we consume to be of renewable origin by 2030. We have been investing in energy from renewable sources, such as biomass and solar energy, and in projects to increase energy efficiency. We are working to reinforce the positive contribution of our forests in mitigating the effects of climate change, given their important role as carbon sinks.
The adoption of more sustainable consumption patterns is one of the ways to respond to the problem of over-exploitation and scarcity of resources, which could lead to decreased availability of raw materials in the future. Sustainable resource consumption calls for awareness of the impacts on ecosystems and the need to change behaviour and consumption patterns.Response
Our products are naturally sourced, biodegradable and recyclable, and we ensure that best practices are applied throughout the entire value chain. Our forest management is certified and we aim to source 80% of our wood from certified sources by 2030. Consumers are provided with a guarantee of sustainable consumption by way of the forest and/or EU Ecolabel certification labels on our products.
The era of technological revolution will transform the daily lives of people and companies, creating solutions to certain social and environmental issues. This will be a key moment for companies to leverage the technological revolution, enabling them to invest in decarbonisation, the bioeconomy, mobility, and the digitisation of their processes and ways of working.Response
Navigator's technological development is closely related to the areas of R&D and innovation, which seek to respond to the Company's short to medium-term challenges in the forestry and product fields through the activity carried out by RAIZ - Instituto de Investigação da Floresta e Papel (Forestry and Paper Research Institute). Across the whole company, we are addressing issues related to Industry 4.0 and digital transformation in all operational areas.
Over the past decade, discussions about the future of work have been predominantly linked to the theme of automation and how people will adapt to this new era. The pandemic has speeded up digitalisation and, as a consequence, the need to re-train and prepare human capital for new roles and work processes.Response
In line with the response to the "Investment in human capital" challenge, we have been mapping out internal succession plans in order to ensure the sustainability of the various job levels in the future. At a later stage, we intend to align staff development plans with this mapping. We continue to invest in the development of ICT skills.