SOCIAL AND ENVIRONMENTAL REPORT 2011

SOCIAL AND

ENVIRONMENTAL

SOCIAL AND ENVIRONMENTAL

REPORT 2011

Chairman’s Letter

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Christian Dublè, Chairman

Managing Director’s Letter

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Ignazio Capuano, Managing Director

Introduction

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1. The concept of Sustainability and corporate social re- sponsibility

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2. The RDM Group

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3. The values of the RDM Group

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4. RDM and the environment

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5. RDM and people

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6. Conclusions

Summary

“one thing leads to another...”

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1. The concept of Sustainability and

corporate social responsibility

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The role of businesses in Sustainability

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We take this word very seriously

$e foundations of the RDM Group’s mission is the commitment to contribute in a practical way to the creation of a better world. We are aware that businesses like ours can have a considerable impact on the planet and we are convinced that by responsible conduct we can that every business which calls itself responsible must be involved in foremost that of our children, depends.

Responsibility

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What we want to

communicate

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one can if they share the same goal”

2. The RDM Group

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Who the RDM Group is

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Reno De Medici

1,500 employees

between Italy and Europa

Turnover

Turnover amounted to 505 million euros in 2011.

Products

The Group’s products are used in all applications in the packaging and publishing sectors.

The European market

Second ranked European producer of cartonboard based on recycled material.

Profile of the Group

8 manufacturing sites in Europe Established in 1926

Production Sites

A 7 Magenta,, Milan, Italy

B 7 Santa Giustina, Belluno, Italy

C 7 Ovaro, Udine, Italy

D 7 Marzabotto, Bologna, Italy

E 7 Villa S. Lucia, Frosinone, Italy

F 7 Almazan, Spain

G 7 Blendecques, France

H 7 Arnsberg, Germany

MAP OF MANUFACTURING SITES IN EUROPE

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Reno De Medici

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The Group’s History

1996 Reno de Medici is listed on the stock exchange

1997 Reno de Medici is merged int o Saffa S.p.A., taking its name

1998 Sarrio’ is merged into Reno De Medici which thus becomes the second ranked European producer of cartonboard based on recycled material

1999 Merger between Grafiche Capretta and Bianchi Saffapack, the new company takes the name Europoligrafico S.p.A.

(sold in 2005)

2001 Purchase of Aticarta (subsequently sold in 2005)

2006 Spin-off of property assets with the simultaneous establishment of RDM Realty S.p.A., listed on the Electronic Stock Market managed by Borsa Italiana S.p.A.

2008 Cascades Italia S.r.l. is merged into the company and the combination with the Cascades Group takes place

2009

Purchase of a minority int

erest in Manucor

, one of the leading manuf

acturers of BOPP

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The RDM Group’s system of corporate governance

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Group Structure

Reno De Medici SpA

Commercial Structure

RDM Blendecques S.a.s. (100%)

Cutting and Distribution Centers Production Sites

RDM Iberica S.l. (100%)

Manucor S.p.A. (22,75%)

RDM UK Ltd. (100%)

Emmaus Pack S.r.l. (51,39%)

Cantiere Alto Milanese (100%)

Pac Service S.p.A (33,33%) Careo S.r.l. (70%)

Careo Spain S.L.

(100%)

Careo S.a.s.

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Careo Kft (100%)

Careo S.r.o.

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Careo Ltd.

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Careo Sp.z.o.o.

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Careo LLC (100%)

Careo GmbH (100%) Cascades Grudstuck

GmbH & Co.KG (100%)

RDM Arnsberg GmbH (100%)

ZAR S.r.l. (33,33%)

Value added

RETAINED ECONOMIC VALUE

( calculated as the difference between directly generated economic value and distributed economic value)

DIRECTLY GENERATED ECONOMIC VALUE

Revenues Revenues consist of:

net sales

income from financial investments

revenues from the sale of tangible and intangible assets

505.105

DISTRIBUTED ECONOMIC VALUE

Operating costs Operating costs consist of all the payments made to third parties for the purchase of materials, product components, plant and equipment and services

434.940

Payroll and benefits Total payroll consists of employee wages and salaries, includ- ing payments to the public administration made on behalf of employees (employees’ taxes, social security contributions and unemployment funds). Total benefits consist of the regular contributions and support tools for employees, such as lodging, loans without interest, subsidies for public transport, study grants and lay-off schemes (cassa integrazione in Italy)

Payments to providers of capital

These payments consist of:

Dividends to all of the shareholders

The payment of interest to lenders including those of all forms of debt and loans

7.784

Payments to the public administration

This item consists of taxes and duties (on income, receipts, property, etc.) and the related penalties paid by the organisation at an international, national and local level

4.129

5.752

52.500

“we will go a long away

thank to our value system”

3. The values of the RDM Group

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The Code of Ethics

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“Our fathers did not give us away the Earth; they

consigned It in order to leave to young generation”

4. RDM and the environment

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The ‘Reno De Medici’ product and the recycled cartonboard industry

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Forestry industry

Chemical production of cellulose paste and cartonboard

Recycling, WLC

Collection

Electricity and production of heat

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Electricity and heat

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production of alternative fuel

Biological fuel

Cartonboard landfill Incineration of waste

cartonboard

Total quantity of cartonboard produced

Mechanical production of cellulose paste and cartonboard

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Product use Recycling

Fibres collection

Recycled cartonboard -44%

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Life Cycle of a Cartonboard Product

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Reno De Medici

Our environmental responsibility

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Certifications

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ISO 9001, FSC ISO 9001, FSC

ISO 9001, ISO 14001, FSC , OHSAS 18001, QSE, HACCP

ISO 9001, ISO 14001, FSC , EMAS

Our Certifications

32

Reno De Medici

Production Process Environmental Analysis

RA W MA TERIALS PRODUCTION POST -PRODUCTION

Forestry (from land preparation to trunk cutting)

Production of chemical additives, pigments, auxiliary products

Production of packaging materi- als for shipping

Production of virgin

mechanical paste Production, cutting and

packaging of the cartonboard

Treatment of process waste Pulp

Use of the final product (not included)

End of shipping packaging’s life

End of final product’s life (not included) Intermediary convertor or distribution platform

Life Cycle Assessment and the EPD

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Process impact indicators

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Electricity consumption

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Electricity consumption (Kwh/tonne) 552 534 510 501 475 CO₂emissions (kg/tonne) 514 469 445 491 420 Water usage (m3/tonne) 25,6 22 21,4 18,6 20

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Conversion factors

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Energy vector Unit of measure Factor methane MJ/Nm³ 38,8

coal MJ/kg 28,01

Energy vector Unit of measure Factor methane kgCO₂/MJ 0,0677

coal kgCO₂/MJ 0,13

cogenerator electricity kgCO₂/kWh 0,584 electricity (Spain) kgCO₂/kWh 0,508 electricity (Germany) kgCO₂/kWh 0,65 electricity (France) kgCO₂/kWh 0,0898 electricity (Italy) kgCO₂/kWh 0,572

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38

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Future plans and prospects

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“...one thing leads to another”

6. Conclusions

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Appendix 1

The community and RDM

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We will be pleased to receive your comments!

Write to the following address: renodemedici@pec.it

Reno De Medici S.p.A.

Share capital Euro 185.122.487,06 i.v.

Tax and VAT code n. 00883670150

Via Durini, 16/18 20122 – Milano (Italy)

Tel. +39 02 89966 111 (r.a.) – Fax +39 02 89966 200 renodemedici@pec.it

http://www.renodemedici.it/

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