2009 Novus Sustainability Report

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The Novus International, Inc. 2009 Novus Sustainability Report.

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<p>Health through Nutrition</p> <p>2009 Sustainability Report</p> <p>Whats in this Report?Table of ContentsWelcome and Background Welcome From the CEO Motivating Factors Novuss Background Sustainable Culture Sustainability in Practice Social Economic Environmental Quality of Life GRI Index Key Performance Indicators Appendix 24 37 58 66 68 70 74 01 02 03 12 16</p> <p>WelcomeThis report summarizes the past progress and future commitment of Novus International, Inc. to providing innovative solutions that will help feed the world affordable, wholesome food and achieve a higher quality of life. The earths population is increasing by 75 million people per year. In the next 40 years, its limited natural resources will have to bear the burden of feeding 3 billion people more than the global population of 6.6 billion today. The strain on the planets resources makes it imperative to protect quality of life by moving forward in ways that support global sustainability. Health through Nutrition is Novuss second sustainability report. The first report covered the 18-month period ending June 30, 2008, which complied with the Level C guidelines of the Global Reporting Initiative (GRI). This report covers the 12-month period ending December 31, 2009, with footnote data pertaining to the date range of July 1 to December 31, 2008. It fulfills the more rigorous Level B GRI guidelines. Going forward, Novus plans to publish a sustainability report on an annual basis.</p> <p>GRI: 3.1, 3.2, 3.3, 3.5, 3.6, 3.7, 3.9, 3.10 and 3.11</p> <p>Novus International, Inc. Health through Nutrition 2009 |</p> <p>1</p> <p>From the CEODear Reader, As we worked to compile Health through Nutrition, I was reminded that it takes planning, time and thousands of small steps to make sustainable changes. I am proud of the efforts and enthusiasm that our global Novus team has shown by working together towards our sustainability goals. Novus is a participant in the farm-to-table nutrition continuum and because of this, we have a distinct responsibility to the communities we serve. Novuss Vision is To Help Feed the World Affordable, Wholesome Food and Achieve a Higher Quality of Life. Our performance as a company and our Vision are not separate each is connected inextricably with the other. This relationship is clearly expressed in the Novus triple bottom line: social, economic and environmental (SEE). The components of SEE comprise Health through Nutrition and are integrated into our business approach. Our activities and goals, as they relate to this triple bottom line, will continue to be shaped as we innovate, learn and collaborate. In this way, we intend to maintain our long-term commitment to Novuss sustainable culture and global Vision. During the reporting period for Health through Nutrition, the United Nations announced that by 2050 we will have to feed our world double the amount of food that we do today, using GRI: 1.1 nearly the same amount of arable land and water resources currently available. These astounding statistics highlight the relevance of establishing sustainable practices across the value chain of nutrition. Developing sustainable practices that will support the needs of our growing population, protect environmental resources and ensure the profitability of our customers are Novuss highest priorities. For our team at Novus, sustainability is a culture that begins on an individual level. We believe that innovation, education and collaboration will improve the quality of life for people around the world and ultimately, our business performance. Thank you for investing the time to get to know Novus a little better and to learn about the ways we are working to increase our positive impact on the world each day. This is our second sustainability report. We intend to measure our continuous improvement against this report and future reports each year. At Novus, we value transparency. In this spirit, I invite you to send any questions or comments that you may have about this report to sustainability@novusint.com. Sincerely,</p> <p>Thad W. Simons President and Chief Executive Officer Novus International, Inc.Novus International, Inc. Health through Nutrition 2009 | 2</p> <p>Our Motivating FactorsWorking within a framework of Core Values, Novus employees have collectively brought to market more than 100 new products over the past few years. This innovation and agility would not be possible without a culture that combines entrepreneurial thinking with organized structure and the motivating Vision to Help Feed the World Affordable, Wholesome Food and Achieve a Higher Quality of Life.Novus International, Inc. Health through Nutrition 2009 | 3</p> <p>Vision</p> <p>To help feed the world affordable, wholesome food and achieve a higher quality of life.Novus has a clearly defined Vision. Feeding the world over the next four decades will require producing more food than in the previous 4,000 years. Satisfying this increasing demand without straining, depleting or polluting the earths natural resources will continue to be a complex challenge. It will require innovative solutions in nutrition, combined with a solid commitment to global sustainability.</p> <p>Mission</p> <p>Make a clear difference in sustainably meeting the growing global need for nutrition and health.Our core expertise and experience in health and nutritional research empower Novus to move toward our Mission. Together, our Vision and Mission form the solid bedrock that supports Health through Nutrition.</p> <p>GRI: 1.2 and 3.13</p> <p>Novus International, Inc. Health through Nutrition 2009 |</p> <p>5</p> <p>Core Values</p> <p>Global sustainability is a fundamental imperative at Novus. It is the common denominator between our corporate Vision, Mission and Core Values.</p> <p>As you read the first section of this report, Novuss Background and Sustainable Culture, please note the icons belowthey are meant to provide examples of how we integrate our Core Values into our work each day.</p> <p>Seek excellence from every employee</p> <p>Provide products with demonstrable value</p> <p>Maximize long-term customer satisfaction</p> <p>Protect our employees, the public and the environment</p> <p>Act with integrity</p> <p>GRI: 1.2, 3.13, 4.8 and 4.11</p> <p>Novus International, Inc. Health through Nutrition 2009 |</p> <p>6</p> <p>Novuss Core Values bring our Vision and Mission to life. The Core Values define, in practical terms, how our 600-plus employees conduct business with each other, with customers and with other stakeholders. They guide all business strategies, plans and objectives. They shape our companys culture, which begins at the individual level and carries through to the marketplace.</p> <p>We seek excellence from every employee. We encourage, expect and support alignment, diversity, individual growth, initiative and teamwork.</p> <p>We strive to provide products with demonstrable value. Our research focuses on leading-edge concepts, and we are committed to supplying preferred products and services.</p> <p>It is critical that we maximize longterm customer satisfaction. Whether related to products, services or innovation, we must always anticipate our customers needs and exceed their expectations.</p> <p>We protect our employees, the public and the environment. Specifically, we make health, safety and environmental considerations a priority in everything we do.</p> <p>We act with integrity. We treat all of our stakeholdersincluding employees, customers, suppliers, business partners, our owners and the publicin a fair and ethical manner.</p> <p>These Core Values are of profound importance to each Novus employee. They are essential to the way we work each day and to Health through Nutrition.</p> <p>GRI: 1.2, 2.8, 3.13, 4.8 and 4.11</p> <p>Novus International, Inc. Health through Nutrition 2009 |</p> <p>7</p> <p>Critical Success FactorsGrowthContinually assess and develop our portfolio of products, customers and suppliers. Implement performanceenabling programs and technologies to achieve a long-term competitive position.</p> <p>Each of the preceding Core Values affects the way we measure our progress in terms of our triple bottom line of social, economic and environmental (SEE) considerations. They also provide a basis for our four Critical Success Factorsgrowth, profitability, people and reputation. Novuss Critical Success Factors provide the framework for the way we set our business goals and align towards our long-term strategy.</p> <p>ProfitabilityImplement improved business processes, measure and support systems that will move Novus closer to our customers and deliver increased yearover-year market value.</p> <p>PeopleProvide an environment that enables employees to bring their full capabilities to bear with behaviors consistent with the Novus Management and Integrity Systems, in accordance with the Novus Mission, Vision and Core Values. Promote a safe and healthy work-life balance to motivate employees to achieve our Novus Three-Year Growth and Diversification efforts.</p> <p>ReputationExpand on our positive image by initiating and supporting activities and programs that demonstrate Novuss integrity and aspirations to meet corporate objectives in a responsible, sustainable manner.</p> <p>Supporting Our Long-Term StrategyEvery Novus employee understands exactly what his or her key accountabilities are. Each person realizes that these key accountabilities have a direct effect on Novuss short-term corporate goals, three-year objectives, Critical Success Factors and ultimately, our long-term strategy. Every person plays a role. And every person has the opportunity and responsibility to make a critical contribution to the long-term success of our company.</p> <p>Long-Term Strategy Critical Success Factors</p> <p>Three-Year Objectives</p> <p>Short-Term Corporate Goals</p> <p>Individual Key Accountabilities</p> <p>GRI: 1.2, 3.13, 4.9 and 4.10</p> <p>Novus International, Inc. Health through Nutrition 2009 |</p> <p>8</p> <p>Our Triple Bottom LineAs you read the second section of this report, Novuss Sustainability in Practice, please note the icons belowthey are meant to provide examples of how we integrate sustainability into our work each day.</p> <p>Social</p> <p>Economic</p> <p>Environmental</p> <p>We measure our progress in terms of our triple bottom line: social, economic and environmental (SEE). The products we sell, the way in which we conduct business with stakeholders and our respect for the earths natural resources are all interconnected, integrated and equally important.</p> <p>GRI: 1.2, 3.13 and 4.16</p> <p>Novus International, Inc. Health through Nutrition 2009 |</p> <p>9</p> <p>Raindrop, Douglas Auer and Michael Hayes, 2009 Media: Glass Novus commissioned this piece for our global headquarters. It is made of blown glass spheres and volumetric flasks. The materials chosen and the forms created highlight the link between scientific development and the preservation of the natural world.</p> <p>Novus International, Inc. Health through Nutrition 2009 |</p> <p>10</p> <p>Novuss Background and Sustainable Culture</p> <p>Novus International, Inc. Health through Nutrition 2009 |</p> <p>11</p> <p>Novuss BackgroundNovus International, Inc. creates Health through Nutrition products for livestock, pets and people. Novus has employees working in over 90 countries, serving more than 2,500 customers worldwide. Based in St. Charles, Missouri, Novus has facilities including corporate offices, research and development laboratories and manufacturing operations in more than 35 countries, as well as smaller offices with field staff in an additional 60 countries. The organization has annual revenues approaching $1 billion. Based on Science Novus International, Inc. was founded in 1991, but our scientific roots and history originated over 50 years ago. In the 1950s, St. Louis, Missouri-based Monsanto Company began conducting livestock and poultry feed metabolism studies. In 1959, one of its products received FDA approval as an animal feed additive, which helped launch the Monsanto division that would become Novus. In 1991, in an effort to focus on its core businessesseed, herbicide and biotechnologyMonsanto sold its Feed Ingredients division to Mitsui &amp; Co., Ltd. (www.mitsui.com) and Nippon Soda Co., Ltd. (www.nippon-soda.co.jp). The new owners saw Novuss strategic potential for growth. In our first year, we put into place the corporate Vision of helping to feed the GRI: 2.3, 2.4, 2.5, 2.6, 2.7 and 2.8</p> <p>Novus revolutionized poultry nutrition through the development of ALIMET, a liquid feed supplement.</p> <p>world affordable, wholesome food. At the time, this Vision statement was considered a bold goal and some questioned how Novus could realistically make a contribution. We were a small, businessto-business company with two products for the poultry industry, but we understood that Novuss core knowledge of health and nutrition related to poultry could be beneficial to other species. Working from a strong base of scientific understanding, we have brought to market more than 100 new products over the past decade. Today the Novus product portfolio provides a holistic approach to Health through Nutrition for poultry, cattle, pigs, pets, farm-raised fish, horses and people.Novus International, Inc. Health through Nutrition 2009 | 12</p> <p>Working Closely with Our Customers Novus is committed to having a genuinely global reach. We connect with our customers at the local level, work with them in their own communities and understand their needs in a meaningful way. Novus customers have the unique experience of localized research and development, technical support, customer service and logistics. This commitment to working closely with our customers provides Novus with realtime, hands-on knowledge of current and future customer needs. We work with our customers to improve their business operations through increased productivity and profitability. Novuss Health through Nutrition programs support healthy, happy animals that are more productive and generate less waste, reducing their environmental impact. Additionally, Novus products protect the nutritional quality of feed and feed ingredients, which are farmers largest operational investments and most important tools for ensuring livestock health. The Importance of Agriculture Novuss history and largest market segment is based in livestock agriculture. The importance of achieving our Vision comes full circle when you consider the growing demand for food on our planet. Meeting this need can only be achieved through the technological innovation of companies like Novus. GRI: 2.7 We are motivated to contribute to an agriculture industry that is equipped to provide nutritious, affordable food to people everywhere in the world and to do so through sustainable, responsible practices. Novus has a culture of sustainability that begins at the individual level and carries through to the marketplace. We approach our work through the lens of sustainability, and this is a requisite consideration at Novus. Every business project is cross-checked to ensure that our criteria for sustainability are achieved. The need for food is projected to grow...</p>