Highlights of the Annual Report 2001
Download
Highlights
(224KB)
This Annual Report on our sustainable development
is our first full triple bottom line report, covering all dimensions
of our financial performance, as well as our environmental and social
performance. Sustainable management of resources is our business so
we have a responsibility to improve our own performance as well as
that of others.
Innovation
- We initiated EBX21™
(Emissions/ Biodiversity EXchange 21) to help organisations offset
their greenhouse gas emissions by restoring native forest biodiversity.
(page 24)
- Sirtrack, our
subsidiary, grew global sales of specified wildlife tracking equipment
to more than $2.2 million (page 29)
- Shareholding ministers supported our plan to invest nearly $12
million in basic and applied research, and human capital development
from 2001. (page 8)
- Environmental domains were adopted as part of a national framework
for monitoring environmental performance and implementing New
Zealand's biodiversity strategy. (page
16)
|
Financial
- We achieved record revenue of $42.75 million (7.5% growth),
a record operating surplus of $3.55 million, and paid a maiden
dividend of $3.5 million. The dividend will contribute to the
Government's Venture Investment Fund.
Sustainable Development
- We reduced domestic air travel by 10% and electricity consumption
by 4.6% compared to 1999/2000.
(page 40 - 41)
- We increased our participation in international aid projects
focussed on sustainable development and poverty alleviation (in
China, SE Asia and the Pacific). (page
33)
|
Excellence
- The Royal Society of New
Zealand awarded silver medals to Charles Eason for research
on pesticide toxicology and to Phil Cowan for research on possum
ecology and management.
- Maanaki Whenua's first report on sustainable development was
awarded a first prize by the Institute of Chartered Accountants
of New Zealand in their 2001 Annual Report for the category 'Other
Entities Environmental Report'.
|
|
|
