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• Review of property assets and office accommodation. This has seen a reduction in floor space requirements at our main offices in Sydney and Melbourne. Fairfax-utilised floor space will be reduced by two floors at One Darling Island in Sydney and three floors at Media House in Melbourne. The review is also looking into effective utilisation of all properties within the Fairfax Group across both Australia and New Zealand, which will further reduce the Company’s energy requirements and carbon emissions. 

In addition to these projects, our ongoing commitment to recycling and waste management minimisation programs continues. 

## EnvIRonMEntAl IMPACts oF nEwsPAPER PRIntIng 

The print industry continues to invest in a program to educate the public about recycling and newsprint recovery programs, with support from industry group The Newspaper Works. 

Along with the Commonwealth and leading newsprint supplier, Norske Skog, our industry is also a co-signatory to the National Environmental Sustainability Agreement. 

Fairfax continues to promote sustainable technologies and materials such as inks with a vegetable oil base. All of the newsprint used by Fairfax comes from sustainable plantations. 

In the calendar year 2012, the Australian market recycled 78 per cent of its newsprint, a result that mirrored its achievement in 2011. 

## FAIRFAX PRIntIng AnD thE EnvIRonMEnt 

Fairfax is a member of the Publishers National Environment Bureau (PNEB), part of an association of Australia’s leading newspaper and magazine publishers known as The Newspaper Works that has been working since 1990 to promote the sustainable recovery of old newspapers and magazines. Since The Newspaper Works was established, disposal of newsprint in landfill has decreased by 40 per cent at a time when landfill volumes increased significantly. Just 0.65 per cent of landfill volume now constitutes newsprint. 

Australia has been widely recognised as having one of the highest newspaper recycling rates in the world. Fairfax, in conjunction with the PNEB, has been working continuously to promote the sustainable recovery of old newspapers and magazines. Together, we have been able to help lift Australia’s newspaper recycling rate from 28 per cent in 1990 to a recycling rate of almost 78 per cent in 2012. 

Fairfax is focused on reducing waste while reusing recycled materials in the printing process. We are continuing to explore and implement creative and effective ideas to reduce our carbon footprint and consumption of water. 

## optimising our printing operations 

The move to compact-size of The Age and The Sydney Morning Herald weekday editions, with the weekend editions to go compact in 2014, enables the closure of two of our large print facilities. We will consolidate printing more efficiently into our network of 14 printing sites. 

Fairfax will move printing of its two major Australian metropolitan mastheads, The Age and The Sydney Morning Herald, to Ballarat in Victoria and North Richmond in NSW respectively, in 2014. This will boost productivity in these regional Australian towns. 

Fairfax print facilities continue to proactively manage waste minimisation, recycling, water management and energy efficiency. Each print facility monitors and sets weekly targets for the reduction of newsprint and ink-related waste. Sites are benchmarked against each other and the wider industry to ensure that best practice processes and efficiencies are in place. In the 2013 reporting year, Fairfax’s printing plants reduced printed waste by 17.74 per cent over the previous year. That reduction was achieved through a combination of reduced print volumes and improved efficiencies at all print sites. 

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