Navigator : Annual Report 2019

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ANNUAL REPORT 2019

No organisation exists in isolation from the world.

As well as what it produces, a business is the result of the relations it cultivates with its stakeholders, and the way in which it interprets, anticipates and responds to the needs of society as a whole.

We believe that the whole is more than just the sum of its parts. That is why we have a firm commitment to taking a long-term view and a comprehensive sustainability strategy that addresses the full spectrum of issues - environmental, social and economic.

The Navigator Company is a pillar of the Portuguese economy and not just one of the country's leading exporters: we create more national value added than any other exporter in Portugal. More than just a source of satisfaction, this underlines our awareness that creating lasting and sustainable wealth involves sharing knowledge in areas that range from technology to sustainable forest management, all of this grounded on a virtuous relationship with natural and renewable resources.

Our 2019 Annual Report reflects this corporate sense of purpose and our desire to create value with the community.

Commissioned especially for this publication, the engravings reproduced on the chapter dividers in this report illustrate and document the work we do to protect biodiversity, one of our contributions to improving Portugal's woodlands.

These are twelve examples of the 235 species of fauna and 740 species of flora protected by The Navigator Company in its conservation areas. These are numbers that have increased, in contrast to the global tendency for losses of protected species.

This conservation strategy applied from day to day in our woodlands holdings is part of our holistic vision of sustainability, the same belief that in 2019 gave us confidence to make a public commitment to achieving carbon neutrality by 2035, a decade and a half ahead of the Portuguese and European target dates.

So the 2019 Annual Report offers more than an account of the past year. It is intended as a manifesto for the vision and high standards in which we believe.

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