Mondi

Mondi reporting hub 2015

Welcome to our reporting hub. Here you will find a quick overview of how we’ve performed, our business model and strategy, and how we approach sustainability. You can view the detail by downloading the full reports.

Our performance

In 2015, we achieved excellent results on key metrics, with a strong contribution from all business units.

To see how we’ve performed, download our key performance indicators PDF (410kb).

Underlying operating profit € million

€957m  

Underlying earnings per share euro cents

133.7 euro cents

Dividend per share euro cents

52 euro cents

Return on capital employed %

20.5%  

  • Significant profit improvements across all business units
  • Completed major projects delivering to plan: contributing incremental €50 million to underlying operating profit in 2015
  • Strong capital investment pipeline: €450 million in major projects approved and in progress
  • Considerable progress made against our five-year sustainable development commitments

Our business model

We sustainably manage forests and purchase wood from responsible sources to produce pulp, which, along with paper for recycling, we turn into containerboard, kraft paper and uncoated fine paper.

Our downstream products require paper and other raw materials such as resins, films and nonwovens, some of which we produce ourselves.

Our converting operations create a wide range of innovative and sustainable packaging solutions and advanced materials that contribute to our customers’ success.

Business model

Integrated report and financial statements 2015

We are committed to delivering value to our stakeholders. Our integrated report provides an overview of how our strategy, governance, people and performance combine to generate this value in a sustainable way.

Download our Integrated report and financial statements 2015 for more detail PDF (8,136kb).

Delivering superior performance: Joint chairmen’s and CEO reviews
CFO review
Delivering superior performance: Joint chairmen’s and CEO reviews

Mondi has a track record of creating shareholder value across the business cycle. 2015 was an extremely successful year for Mondi. We made significant progress across a number of key areas and again delivered excellent results.

For more information please download our Integrated report and financial statements 2015 PDF (8,136kb).

CFO review

In 2015, we achieved excellent results on all key metrics, reflecting our strategy of disciplined and value creating investment and growth.

For more information please download our Integrated report and financial statements 2015 PDF (8,136kb).

Our strategic framework for profitable growth
Proactive risk management
Our strategic framework for profitable growth

A consistent and focused long-term strategy has positioned Mondi as a leading international packaging and paper Group, with a strong platform for growth.

For more information please download our Integrated report and financial statements 2015 PDF (8,136kb).

Proactive risk management

Our risk and internal control management framework is designed to address all the significant strategic, sustainable development, financial, operational and compliance-related risks that could undermine our ability to achieve our business objectives into the future.

For more information please download our Integrated report and financial statements 2015 PDF (8,136kb).

Sustainability at Mondi: Looking back, moving forward
Business reviews
Sustainability at Mondi: Looking back, moving forward

As an international business, major employer, steward of ecosystems, supplier, community member and producer of goods; sustainable development is fundamental to our success. Our strategic approach enables us to better respond to key risks and opportunities associated with global challenges such as climate change, degradation of ecosystems, resource scarcity and population growth

For more information please download our Looking back, moving forward: Sustainable development 2015 publication PDF (1,958kb), which gives an overview of how we create sustainable value and highlights some of our biggest challenges and opportunities.

Business reviews

2015 saw a strong contribution from all our business units.

For more information please download our Integrated report and financial statements 2015 PDF (8,136kb).

Governance report
Financial statements
Governance report

Your Boards are confident that Mondi’s strong and effective governance framework is providing the right level of oversight and challenge to maintain an effective relationship with management in the best interests of our shareholders.

For more information please download our Integrated report and financial statements 2015 PDF (8,136kb).

Financial statements

Mondi’s strong financial position is underpinned by a sound financial control environment and a conservative approach to financial risk management.

For more information please download our Integrated report and financial statements 2015 PDF (8,136kb).

€ million 2014 2015 % change
Group Revenue 6,402 6,819 7%
Underlying EBITDA 1,126 1,325 18%
% Margin 17.60% 19.40%
Underlying operating profit 767 957 25%
% Margin 12.00% 14.00%
Group ROCE 17.20% 20.50%

Sustainability: Looking back, moving forward

As an international business, major employer, steward of ecosystems, supplier, community member and producer of goods, we believe sustainable development is fundamental to our success.

Our strategic approach enables us to better respond to the key risks and opportunities associated with global challenges such as climate change, degradation of ecosystems, resource scarcity and population growth.

“We are very pleased with the progress we’ve made and the lessons we’ve learnt by working collaboratively as a business and with our stakeholders to scale up our positive impact.” John Lindahl
Group technical director

Another five years of investment, collaboration and learning
Our sustainable development commitments
Another five years of investment, collaboration and learning

In 2011, we launched our second set of sustainable development commitments to be achieved by the end of 2015, against a 2010 baseline.

As we reach the end of this commitment period, we reflect on the progress we’ve made and what we’ve learnt along the way, including how this is shaping our future direction.

For more information, please see Chairman of the DLC sustainable development committee and chief executive's statement PDF (216kb).

Our sustainable development commitments

In this section we outline how we progressed against the sustainable development commitments we set in 2011 against a 2010 baseline, and show our performance in detail.

See how we’ve performed against our sustainable development commitments PDF (292kb).

Looking back: our progress
Our global context
Looking back: our progress

We’re proud of the journey we’ve been on and the progress we’ve made since 2010.

For more information on the sustainable development highlights and achievements along the way, please view our sustainable development journey PDF (259kb).

Our global context

The world has changed dramatically over the past decades. Climate change is a critical global challenge, ecosystems continue to be degraded, natural resources are increasingly constrained and global demographics are shifting. It’s only by understanding and effectively responding to these issues that we will be able to secure a sustainable future for our business and our stakeholders.

For more information please see some of the global trends that affect our business and communities PDF (618kb).

Growing responsibly and our 2020 commitments
Operating responsibly
Growing responsibly and our 2020 commitments

In 2016 we launch our new commitments to 2020 across 10 action areas, guiding our sustainable development commitments and shaping our approach for the next five years.

For more information, please view our online Sustainable development report 2015 PDF (14,166kb).

Action areas 2020 commitments

Employee and contractor safetyOur goal is zero harm to employees and contractors, and a safe and healthy workplace. Overall, our safety performance has improved steadily over the past five years and we’re among the leaders in our industry.

Avoid work-related employee and contractor fatalities

Prevent life-altering employee and contractor injuries

Reduce Total Recordable Case Rate by 5% against a 2015 baseline, including new acquisitions

A skilled and committed workforceWe’re developing a culture that aims to inspire, engage and develop our people to reach their full potential, while ensuring our business can continue to grow and succeed.

Engage with our people to create a better workplace

Fairness and diversity in the workplaceThe diversity of our workforce is one of our greatest strengths. We promote fair working conditions in the workplace.

Promote fair working conditions in the workplace

Sustainable fibreWe’re promoting positive change to support credible certification systems in order to meet increasing demand for sustainable fibre. We also manage our forests sustainably.

Maintain 100% Forest Stewardship Council® (FSC®) certification and promote sustainable management of our owned and leased forestry operations.

Procure a minimum of 70% of our wood from FSC or PEFC™ CoC-certified sources with the balance according to our company minimum wood standard that complies with the standard for Controlled Wood (FSC-STD-40-005)

Climate changeWe consider climate change in our business decisions through sound investments to improve energy efficiency and responsible procurement of wood and fibre. Our sustainably managed forests also play an important role in storing carbon.

Reduce specific,1 CO2e emissions from our pulp and paper mills by 15% by 2030 against a 2014 baseline

Constrained resources and environmental impactsOur focus on operational excellence drives efficiency improvement, responsible use of water, reduction of waste and emissions, and the development of resource-efficient products. We also promote the cascading use of wood principle.

Reduce specific1 contact water consumption by 5% against a 2015 baseline

Reduce specific1 waste to landfill by 7.5% against a 2015 baseline

Reduce specific1 NOx emissions from our pulp and paper mills by 7.5% against a 2015 baseline

Reduce specific1 effluent load to the environment (measure COD) by 5% against a 2015 baseline

Biodiversity and ecosystemsWe’re promoting ecosystem stewardship to sustain services that our businesses and communities rely on through sharing best practices and continued, long-term collaboration with our key stakeholders.

Promote ecosystem stewardship in the landscapes where we operate through continued multi-stakeholder collaboration

Supplier conduct and responsible procurementWe’re taking steps to encourage greater transparency and promote fair working conditions by developing a responsible, inclusive and sustainable supply chain.

Encourage supply chain transparency and promote fair working conditions together with our key suppliers

Relationships with communitiesWe aim to enhance social value to our communities through effective stakeholder engagement and meaningful social investments, using global frameworks that enable us to address local priorities.

Enhance social value to our communities through effective stakeholder engagement and meaningful social investments

Solutions that create value for our customersWe encourage sustainable, responsibly manufactured products and closer collaboration with our customers and partners.

Encourage sustainable, responsibly produced products

1 Measurement of emissions or consumption calculated based on tonnes per tonne of saleable production.

Operating responsibly

Our long-term success depends on working openly and transparently with our stakeholders. Responsible governance of our operations is fundamental to building a resilient, effective and efficient business. We seek to operate as a responsible organisation, and deliver against our sustainability commitments. To achieve this we look to manage risks and opportunities through robust policies, standards and management systems.

For more information, please see how we govern sustainability at Mondi PDF (234kb).

Issues in focus
Looking back, moving forward
Issues in focus

This section describes our approach to managing our key sustainable development issues.

For more information, please view our online Sustainable development report 2015 PDF (14,166kb).

Looking back, moving forward

This publication gives an overview of how we create sustainable value and our progress. It highlights some of our biggest challenges and opportunities of the past five years, and where we're heading next.

For more information, please download our Looking back, moving forward: Sustainable development 2015 publication PDF (1,958kb).

Downloads

For further details please download our reports.