For Sappi North America, 2014 may long be remembered as a pivotal year of change. We saw a merger of two of the biggest merchants in our supply chain as well as our two largest competitors. Coated paper markets struggled, a global economic slowdown hurt the sales of release papers, and dissolving pulp prices took a sharp downward turn. While it certainly had its challenges, 2014 was also a critical year for foundation building and refinement to position Sappi for the next generation.
One of the ways we improve the lives of people is by promoting freedom of association, nondiscrimination and the abolition of forced and child labor. We also uphold the principles of the Universal Declaration of Human Rights. Sappi Limited has been a signatory of the United Nations Global Compact (UNGC) since 2008.
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