OneFortyOne has released its Annual Review 2021 in celebration of Monday’s International Day of Forests. Chief Executive Officer Andy Giles Knopp said that 2021 was a focussed year for the company. Source: Timberbiz
“Our 2021 Annual Review is a comprehensive overview from across the business throughout the past year. It’s the projects we’ve undertaken, the progress we’ve made, and the things we’re still working on,” he said.
Mr Giles Knopp said that the entrepreneurial spirit of OneFortyOne’s origins helped the company respond to local and global challenges and supported the agility that was needed to overcome pandemic, supply chain and market issues.
“The OneFortyOne team has spent the year focussed on the business and working together. In 2021 we concentrated on supporting the wellbeing of our people and partners through the ordinary course of business which can become impacted by the additional stresses caused by COVID-19,” Mr Knopp said.
Mr Knopp said that the company had performed very well in challenging markets by focussing on domestic customer needs and flexibly responding to market pressures.
In addition to strong financial performance, OneFortyOne has achieved other important outcomes.
“We invested over 16 million dollars across the business throughout the course of the calendar year, these investments improve our nursery and upgrading at our sawmills,” Mr Knopp said.
“The fire management team in the Green Triangle has done a phenomenal job preventing and managing fires over the summer season. The past few months have been intense, and we are grateful for their commitment.
“We have also invested in our communities through the launch of the OneFortyOne Community Grants Program, the program facilitates community organisations telling us what they need and how we can support them to make a positive difference.
“We have done a lot of work to understand our environmental impacts and objectives. This year we have written our sustainability framework in consultation with stakeholders. We look forward to developing this further in 2022.”
According to Mr Knopp the purpose of the Annual Review was to continue to share the stories of the company.
“Forests are at the heart of OneFortyOne, everything we do is about growing, producing, and delivering wood products in a responsible way. This review shows how we do that,” he said.
