Bord na Móna - Source Issue 7 - (Page 12)

Fergus McArdle, Chairman info box Both reports are available on our new website, www.bordnamona.ie, in both downloadable and interactive formats S Strategic growth and development There is much To be opTimisTic abouT as bord na móna releases iT 2010/11 company reporTs, noT leasT a sTrong performance in The face of challenges Sustainability Report bord na móna’s vision, ‘a new contract with nature’, is about transforming the group into a sustainable provider of goods and services in the electricity, horticulture, domestic heating, feedstock, clean air and water and waste management markets. mitigating the group’s greenhouse gas emissions, reducing its dependence on peat and maximising opportunities in the low carbon economy are core drivers of bord na móna‘s transformation. The sustainability report provides a progress update on performance under three key dimensions – planet, people and profit. below is an overview of the key sustainability figures and performance indicators for the organisation: b ord na móna’s annual and sustainability reports were published this month for the group’s agm on July 18. “The current business environment presents significant challenges to all organisations and bord na móna is facing these challenges in a robust and resolute manner,” said fergus mcardle, chairman of the board. “The year 2010/2011 was one of continuing strong performance in the company, notwithstanding the challenges faced. “The group delivered sound financial performance and made further strides in implementing its strategic growth and development across all our business areas.” our ability to adapt to change is a key reason why we are one of a minority of global companies (<5%) who have survived for the last 75 years.” below is a summary of the group performance indicators: Group Performance Indicators Financial summary 2010/2011 2009/2010 Description Planet Carbon intensity in Bord na Móna’s electricity generation Peat dilution in Horticulture Metric € ‘000 Turnover Earnings before interest, tax, depreciation and amortisation (EBITDA) Operating profit Profit before tax Profit after tax Shareholders’ funds Net borrowings 382,069 € ‘000 384,417 0.95 tonnes CO2 /MWh 24% 13.5% 57% 40,000ha 72,749 64,611 Peat dilution in Edenderry power station Municipal solid waste diverted from landfill Peatland biodiversity baseline conditions mapped People Health and Safety training hours Days training delivered Profit Turnover Turnover from sustainable activities Planned investment in R&D/Innovation in next 5 years Planned capital investment in green business in next 5 years 24,458 16,727 12,920 231,390 64,653 23,038 12,899 10,462 224,408 57,065 Annual Report ireland is going through an exceptionally challenging period. “at bord na móna, we see it as our duty to play a leadership role in shaping a better future,” said bord na móna ceo gabriel d’arcy. “There can be no doubt that this will be driven by an innovation and sustainability agenda, which is at the core of our organisation’s vision, ‘a new contract with nature’. “The one thing that comes with this is the constant need to change. markets change. economic conditions change. businesses change. people change. governments change. change is something that we have constantly embraced at bord na móna and 9,646 3,446 €382m €82m €50m Turnover 2010/2011 Horticulture Environmental & other Fuels Feedstock Powergen Resource Recovery € million 52.4 13.6 129.9 69.5 60.5 56.2 382.1 €340m 12 | Source Summer 2011 http://www.bordnamona.ie

Table of Contents for the Digital Edition of Bord na Móna - Source Issue 7

Bord na Móna - Source Issue 7
Contents
A Round-Up of News from Around the Company
Willow Harvest for Farmers
New Approach, New Business
Strategic Growth and Development
Challege and Change
Anua Beginning
Raging Inferno
Mapping a Sustainable Future
Project Update
Heritage Corner
Nationwide

Bord na Móna - Source Issue 7