N E O P O S T :    PA Y In  2003,  Neopost  formally  set  out  its  sustainable development   policy.   Respecting   the   environment and   social   responsibility   are   core   concerns   for Neopost,   which   long   ago   adopted   a   corporate governance policy in line with best practice. Neopost environmental responsibility Neopost’s   industrial   activity   consists mainly of assembly operations. Neopost’s   products   are   designed   to minimise consumption of raw materials  and  energy,  noise  emissions and other pollution. The company has always  favoured  the  refurbishing  and recycling of its machines. Incineration is used to dispose of waste only as a last resort.  At  the  same  time,  Neopost  is developing  maintenance  programmes intended   to   extend   the   useful   life of its products. A Sustainable Development officer has been  appointed,  reporting  directly  to Jean-Paul  Villot,  Neopost’s  Chairman and CEO. This officer is supported by two  special  committees,  one  covering Neopost’s development and production   activities   and   the   other covering    its    distribution    activities. These committees are made up of sustainable development correspondents from each of Neopost’s subsidiaries. External consultants have been appointed to assess the environmental impact  of  Neopost’s  production  and distribution activities. Neopost   is   committed   to   obtaining ISO14001 certification for its production and distribution sites. Neopost social responsibility Neopost has a decentralised organisation  in  which  each  subsidiary In 2003... Manufacturing units’ environmental performance in 2003 in accordance with France’s new economic regulations (NRE) legislation. * Two thirds of industrial waste was recycled (paper, cardboard, steel and aluminium). ** In the sense of European directive 91-689. 11.700m3 Consumption of water 933t Production of industrial waste* 309.700m3 Consumption of gas 2.899.900kWh Consumption of electricity 578t Production of packaging waste including 18t of hazardous waste **