At Visy we've always looked at things differently. Where most see waste, we see opportunity.
This innovative nature is stronger today than ever before. Not happy to rest on our achievements, we now strive to create a world where rubbish is a thing of the past and everything is recyclable.
At the same time, we are seeking new ways to package the world. Ones that make transport more efficient, create less waste and wow people when they see our creations on the shelves.
At Visy, it's in our nature to challenge things. We're not happy to settle for the same old solutions time and time again - after all, the world around us is always evolving, so we believe we should do the same.
So instead of sticking to what's 'good enough', we're on a mission to do something truly great. We're always pushing the envelope to find new and better ways of doing things - whether it's creating an eye-catching piece of packaging or streamlining our production processes.
It's this culture of innovation that's led to Visy becoming a leader. Where others saw waste, we saw potential. Now, we not only start with recycled materials, we finish with recyclable products - and create less waste along the way.
While we're proud of how far we've come, we know the journey's far from over. Now, we're aiming for a future where everything that touches us can be recycled, and where waste is a thing of the past. And we're not stopping until we get there.
In 1948, Visy started out in Melbourne as a manufacturer of corrugated cardboard boxes. From these modest beginnings, it has since grown to become one of the world's leading packaging, paper and recycling companies. Now, Visy employs over 5,500 staff and operates in over 120 sites across Australia, New Zealand, Thailand and Vietnam and trading offices across Asia, Europe and the USA. Visy also has a 'sister' company, Pratt Industries USA, which employs a further 3,500 staff in North America.
Sustainability is at the heart of everything Visy does. As well as providing packaging to some of the world's best known brands, Visy also offers recycling solutions. It's our goal to meet the needs of our customers, while efficiently using and reusing scarce resources.
So what makes a Visy packaging solution special? Well, it depends on who you ask. Our customers come from a wide range of industries, and we create packaging to suit their specific requirements. Visy packaging does everything from preserve and protect a product, to help enhance it.
Beyond the actual manufacturing of products, Visy also runs collection and recycling services across Australia and New Zealand. This helps us to take responsibility for our products after they've fulfilled the purpose for which they were initially made. We work hard to reduce the waste that goes to landfill and minimise the use of water and energy. In Australia, we've been at the forefront of recycling for many years - in FY2012-13 alone, we processed recyclables from more than 3.2 million households. Pretty impressive stuff - especially when you take into account all the businesses, hospitals and schools we also work with.
The actual impact Visy has on the world is huge. In FY2012-13 we produced more than 710,000 tonnes of fibre packaging, 576 million steel food cans, 1.4 billion beverage cans, 909 million beverage cartons, 1.8 billion PET containers and 927 million units of food plastics. So, no matter who you are or the type of lifestyle you lead, you're almost certain to have come into contact with Visy products.
However the big numbers don't stop there - we're proud to say that in the same year we recovered over 1.5 million tonnes of paper and cardboard, 343,000 tonnes of glass, 65,000 tonnes of plastics and 28,000 tonnes of metals (things like aluminium and steel cans) to be recycled and ultimately given a new life. It's all part of our goal to ensure we leave the smallest environmental footprint possible.
Our vision is to be the leading provider of recycling, paper and packaging products and services, via a dynamic business model that fosters innovative, sustainable solutions for superior returns.
We're always working to improve our business - either by building on our current strengths or investing in new activities. Our vision emphasises:
- Working with customers to increase their profit through smart solutions
- Continuing to build our world-class team of people
- Building on our strengths to lay the foundation for future growth
- Accelerating our innovation and technology initiatives
- Enhancing our leadership position in environmental and sustainability initiatives
- Upgrading our systems, processes and procedures, with an emphasis on governance
1948 - Modest beginnings
With a £1,000 loan from Richard Pratt's aunt, Ida Visbord, Visy began as a partnership between the Pratt, Plotka and Feldman families. From the very start, the early signs were there that this would be a company with a sustainable future - the first corrugator used by Visy was made from recycled scrap metal.
1950s and 60s - Building a sustainable business
Visy steadily built its customer base by establishing a reputation for strong customer service, competitive prices and innovation.
These were the key pillars that guaranteed a sustainable base from which the Visy business could expand - and they endure until this day.
1969 - Start of a new era
Richard Pratt becomes Chairman of Visy after his father Leon's death.
With an annual turnover of $5 million and workforce of more than 200 employees, Visy entered a new and exciting phase of expansion.
1970s - Geographical expansion
Through the 1970's, Visy established new plants at Warwick Farm in Sydney, and also in Victoria and Queensland. By the early twenty-first century, Visy was to become one of the largest employers in a number of regional communities, including Tumut in NSW and Wodonga in Victoria.
1978 - Establishing a charitable tradition
The Pratt Foundation was established by Richard and Jeanne Pratt with the vision of helping a wide range of people in the community. The funds support areas including medical research, education, the arts, religion and the relief of poverty.
1980s - Leading the recycling movement
In the late 70's and early 80's, Visy opened its first paper recycling mills. It was an investment that not only recognised the need to use our resources more sustainably, but also put Visy at the forefront of the recycling movement.
1990s - Global expansion
Visy continued to grow, acquiring box plants and building a paper recycling mill in the United States. This led to Pratt Industries USA signing a waste paper recycling contract with the City of New York in 1995, making them responsible for recycling 150,000 tonnes of the city's waste paper every year. Certainly not a venture for the faint hearted!
1998 - World class, environmentally sustainable manufacturing and recycling facilities
Visy was determined to build and operate a pulp and paper mill that was sustainable in every sense of the word - and settled on the town of Tumut as its location. Every aspect of the $450 million mill set the highest environmental standards, from design to implementation. At the same time, the mill was able to deliver substantial economic and social benefits to Tumut and surrounding communities.
2000s - One of the world's largest privately owned packaging and recycling companies
With the acquisition of Southcorp Packaging, Visy effectively doubled its size overnight. This enabled Visy to achieve its goal to provide, through vertical integration, world leadership in the packaging and recycling industry.
Visy was now operating across over 100 packaging and recycling sites in Australia, New Zealand and the United States. New products were also added into the mix - Visy began producing PET bottles and jars, aluminium and tinplate cans, paperboard cartons and rigid plastic packaging.
In 2009, Richard Pratt died and Anthony Pratt became Executive Chairman of Visy.
2010s - Renewable energy focus
Visy opened its second clean energy plant at Coolaroo in Victoria. The clean energy plant turns residual waste into energy to help power two on-site paper mills.
At Visy, we set out to give our customers world-class solutions. And as one of the world's largest privately-owned recycling and packaging companies, we're very well positioned to do this.
It's not just Visy's size that sets us apart. We like to think that we work smarter than our competitors too. Our recycling, papermaking and packaging operations are fully integrated, which makes the entire process more streamlined. Plus, we have built up a diverse range of products and services to solve pretty much any packaging problem. From beverage cans and food cans to PET and aseptic packaging, we can deliver whatever customers need. And even better - we do it in a way that's efficient and environmentally responsible.
We are dedicated to:
Investing in innovation
Each year, Visy invests many resources - both time and money - in research and development activities. Why? Because this is what allows us, and our customers, to keep up with the times (sometimes even ahead of them). We've developed a technology centre at our site in Coolaroo, Victoria, which helps us deliver even better outcomes in terms of packaging performance, products and services.
Investing in technology and capital equipment
We're proud to be market leaders, and want to remain at the forefront of our industry. So, we invest substantially to establish operations in new markets, and also to strengthen our position in current ones. Examples of this is the construction of Visy's kraft paper mills in Tumut, NSW, and the investment in additional packaging operations, including our Plastics business. This illustrates how committed we are to cementing Visy's status as a world-leading packaging and recycling company.
Investing in our people
Without the stewardship, commitment and talent of our people, Visy simply could not have become the company it is today. We recognise the importance of identifying, training and developing our company's best people to take our business to new heights.
It is through the dedication, skills and initiative of our people that Visy has prospered and will continue to move ahead.
Investing in customer relationships
At Visy, we believe in long-term relationships. In addition to our own team here at Visy, we understand the value of our customers and suppliers. It's essential for us to work closely together with these people to enable us to achieve goals - both theirs and our own. So, we really invest in these relationships and nurture them over time. The longer we work with a customer or supplier, the better we can understand them and anticipate their needs. It's for good reason that we aim to be the most customer-orientated and cost-effective provider in the industry. After all, without our customers, we are nothing - and by helping their businesses succeed, we hope to see ours do the same.