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Madrid, 12 April 2010 The number of trees planted across the Iberpapel Group’s various forest plantations has surpassed the 16 million mark, eliminating carbon emissions equivalent to those generated by cities of the size of Vitoria (with 235,000 inhabitants), Granada (234,000), Oviedo (224,000) or La Coruña (246,000).Iberpapel has forest plantations in Spain (6,117 hectares in the province of Huelva), Uruguay (10,551 hectares) and Argentina (8,537 hectares). The company works with the Eucalyptus Globulus species. Its forestry strategy is one of forest repopulation with a view to self supplying 30% of the primary raw material needed in its paper making facilities. Environmental protection and sustainable development are built into the company’s everyday activities. The company’s Uruguayan initiative for the reforestation of degraded land with silvopastoral systems, being implemented by Group subsidiary Los Eucaliptus, enjoys the backing of Uruguay’s Department of Agriculture and Forestation, as is evidenced by the fact that the authorities presented the project before the FAO Committee on Forestry (COFO) in Rome in March 2007. According to Martín Arregui, who is in charge of the Group’s environmental management division, “At Iberpapel we are working hard to make our growth more sustainable. The integration of environmental indicators into our business management represents an opportunity to contribute to development by reducing our environmental fallout by promoting energy efficiency, using renewable energy sources or raising our capacity to capture CO2 through our forests”. Values, milestones and challenges Iberpapel’s environmental performance has been acknowledged internationally. Its environmental management approach translates into quantifiable milestones such as reduced power consumption, lower overall carbon emissions, reduced water consumption and lower waste generation. The company has devoted significan resources to this effort, specifically 40% of total investment during the last ten years.The main challenges successfully overcome by Iberpapel include the integration of its environmental management policy into its business strategy and management, facilitating the entire organisation with all the necessary tools to do so and encouraging a shift towards greater environmental transparency. Noteworthy Iberpapel achievements on this front include enhanced energy efficiency, greater use of renewable energy sources, capture and elimination of atmospheric CO2, application of the latest technologies and reduced consumption of natural resources. Iberpapel’s environmental management accomplishments (per unit of product)
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