SPECIAL EDITION FOR CAPITAL MARKET DAY IN NEW YORK 2007 SPEC EDITI IAL ON S AMERCA ICAS THE SWIFT RISE OF SCA AMERICAS SCA CORE VALUES FOSTER GLOBAL UNITY EATING OUT IS IN IN THE US LATIN AMERICA: LANDS OF OPPORTUNITY Amore – Mexico’s rising star * SCA teams up with the Philadelphia Eagles SCA near the top in global environmental friendliness Mini-SHAPE_korr.indd 1 2007-08-30 14:03:30 VINJETT EPS LAIC IDE T NOI S AC REMA C A S I Contents: 10 MORE LATIN AMERICAN FAMILIES ARE JOINING THE MIDDLE CLASS . 2*SCA SHAPE Americas Mini-SHAPE_korr.indd 2 2007-08-30 17:18:20 04 FOCUS: NORTH AMERCA Americans are becoming more costconscious, environmentally aware and alert to health and hygiene issues – all trends that fit SCA exactly. 8 08 NEWS: SCA partners with the Philadelphia Eagles. Saba’s Amore is a rising star in Mexico, and Xpressnap sales soar. 10 FOCUS: LATIN AMERICA Strong growth, falling poverty rates and an emerging middle class are transforming Latin America. 4 14 SNAPSHOT: A look at the swift rise of SCA Americas, now spanning the hemisphere from Canada to Chile. Lennart Persson comments on future focus. 16 CORE VALUES: Respect, excellence and responsibility are SCA’s core values. But how do they take form in reality? G SCA Shape special edition Address SCA, Corporate Communications, Box 7827, 103 97 Stockholm, Sweden Telephone +46 8 788 5100 Fax +46 8 678 8130 Publisher Bodil Eriksson Managing editor Johan Andersson Editorial Johan Andersson, Anna Selberg, SCA, and Göran Lind, Kristin Päeva, Appelberg Design Mats Wester, Appelberg Printer Danagårds Grafiska AB, Sweden Cover photo Getty Images SCA Shape special edition is published in English. Reproduction only by permission of SCA Corporate Communications. The opinions expressed herein are those of the authors or persons interviewed and do not necessarily reflect the views of the editors or SCA. Americas SHAPE SCA *3 Mini-SHAPE_korr.indd 3 2007-09-03 15:58:53 FOCUS: NORTH AMERICA m L th th ra R ha co ke to ne ra MILES OF MEALS American restaurant owners as well as patrons and take-out customers are becoming more cost-conscious, environmentally aware and alert to health and hygiene issues – all trends that fit SCA perfectly. n America, home of the burger joint and the take-out concept, people’s appetite for food cooked away from home seems as strong as ever. Last year, food service revenues passed the half-trillion-dollar mark. “That was a pretty big milestone,” says Don Lewis, senior vice president, sales and marketing, at SCA Tissue North America, one of the nation’s top three suppliers of towel, tissue and table napkins to the food service industry. Food service turnover this year is projected to reach USD 537 billion, up 3.8 percent in nominal terms over the previous year, marking faster growth than the economy as a whole. Increasingly fast-paced lifestyles are the major driver, Lewis says. “Eating out in the US and Canada is so prevalent because of the lifestyle that is becoming more and more common,” he says. “Two-income families where both parents work away from home just don’t have time to prepare all their meals at home. Even the take-out trend has grown considerably over the last few years, so even if people aren’t eating inside the restaurants they take it home to eat with the family.” On a typical day, the nation’s 935,000 restaurants total USD 1.5 billion in sales. Four out of five consumers agree that going out to a restaurant is a better way to use their leisure time than cooking and cleaning up, according to the National Restaurant Association. Current uncertainty as to where the US economy is heading hasn’t put a lid on overall growth, but has merely 4*SCA SHAPE Americas Mini-SHAPE_korr.indd 4 2007-08-30 17:19:41 pe pi at pr th tr or ou m w “I ca L tiv ev gr w de ta ou fo di m in S da le mes m all ut he ’t ke ’s lrs a an to n. he a ly made consumers more cost-conscious, Lewis says. “People still eat out in times when the economy is seen as less strong, but they may choose less fancy restaurants,” he says. RISING GAS PRICES and housing costs have also made restaurants more costconscious than in the past. One of SCA’s key strategies in product development is to focus on cost of use and value engineering of its products, to help restaurants save money, Lewis says. “Napkin and washroom tissue dispensers that discourage overuse and pilfering are one way,” he says. “Oneat-a-time dispenser solutions as well as proper sizes of tissue dispensed means the cost per use can be reduced, yet patrons will still be able to dry their hands or wipe their mouths effectively without using too much tissue.” From a narrow perspective, SCA might be seen as preferring patrons who use as much tissue as possible. “In a way it’s a dilemma for us, which causes some interesting dynamics,” Lewis says. “But from a case perspective, we still see our business growing, even though our paper output may not grow at the same speed. Our strategy, which has worked out favorably, is to develop related products that meet restaurants’ needs and allow us to grow our business.” The strategy amounts to supplying food service outlets with, for example, dispensers and related products that meet their needs yet still translate to increased business for SCA. Heightened awareness of the neg- One tissue at a time: efficient for retailers, effective for consumers. ative health impact of cholesterol and sugar has increased demand for healthy, organic alternatives to common burgers. In addition, consumers are becoming more environmentally conscious in the wake of the global warming debate and climate issues, Lewis says. This gives SCA an advantage due to its long commitment to sustainable development. “With virtually all of our products being 100 percent made from recycled material and independently certified by EcoLogo for our holistic approach to the environment, we feel we are well positioned to meet this demand,” he says. BESIDES ENVIRONMENTAL awareness, A clean kitchen requires clean hands. SCA continues to focus on handsfree, no-touch, hygienic solutions. consumers are also paying more attention to hygiene issues in the wake of recent bird flu warnings and other health scares, Lewis says. “As food service outlets are more and more focused on avoiding crosscontamination, SCA continues to fo- Americas SHAPE SCA *5 Mini-SHAPE_korr.indd 5 2007-08-30 17:20:10 FOCUS: NORTH AMERICA SCA is also seen by its customers as a consistent source of supply, with fill rates – on-time, complete delivery of an order – reaching 99.8 percent. “We feel this is best in class and it’s a very important strategy for us, because restaurants prefer to limit the space used for storage,” Lewis says. About 55 percent of the food service industry covers meals served in restaurants or taken out to be consumed at work or at home. The remaining – and sizable – chunk comes from food service in schools, hospitals, prisons and nursing homes. ▲ S I C b ca c fr e TH Xpressnap lowers the customer’s cost of use by 25 percent,” Lewis says. “We’re unique in offering this versus our biggest competitors, so it’s a good value proposition for us.” cus on hands-free, no-touch, hygienic solutions for our napkin and towel products. We put a lot of emphasis on our dispenser innovation work and our R&D efforts today, and over the next years we are going to be focused on hygienic solutions.” One-at-a-time, hands-free dispensing is the motto for SCA’s dispenser system Xpressnap, which was introduced four years ago and has won the International Foodservice Distributors Association Grand Prix Award in the nonfood category for innovation two of the last three years. “Xpressnap lowers the customer’s cost of use by 25 percent,” Lewis says. “We’re unique in offering this versus our biggest competitors, so it’s a good value proposition for us.” THIS IS SCA TISSUE NORTH AMERICA ★ SCA Tissue North America provides napkins, tissues and towels – washroom, tabletop and wiper products that eliminate waste, reduce maintenance costs and offer hygienic solutions. ★ The products are sold through wholesale distributors in North America and marketed as of October this year under the common brand name Tork. That means that brand names Park Avenue Ultra, Main Street and Coronet will all be changed to Tork. ★ Sysco Food Service, the largest distributor of food service products in the US, honored SCA with a 2006 Gold Level Supplier Award, ranking it No. 6 out of a total of 2,500 suppliers. Yum brands, which owns Pizza Hut, A&W Restaurants and other major chains, has named SCA “Vendor of the Year.” 6*SCA SHAPE Americas Mini-SHAPE_korr.indd 6 2007-08-31 09:17:24 in ca in di U ce ab in m SC TH • (4 pe • of M in th tio ab th w th ce an ss ts rs ed nk nd SMART PRODUCTS IMPROVE LIVES Close to 20 million US consumers are affected by incontinence. The market for incontinence care products is growing steadily, driven by changing demographics and rising demand from a more exacting group of wealthy consumers looking for new and more convenient help. THE FACTORS THAT make the incontinence market attractive include demographic changes taking place in North America, such as the aging baby boomer population and the growing ranks of over-85-year-olds, says Brian Nelson, regional director for SCA’s North American health care business. The global incontinence care market is valued at about USD 6.5-7 billion. North America accounts for about 30 percent of the market, Europe for around 45 percent and Asia for about 20 percent. SCA is currently the largest global player in incontinence products, and No. 3 in the North American market. ing old taboos are important components of our strategy for the fast-growing retail market. SCA is currently working to consolidate its leading global brand TENA and has developed a range of new products to meet demands in the different sales channels. One example is the incontinence pant TENA Discreet Activewear, which has been a success. SCA focuses on producing the highest-quality products that are differentiated because they are tailored to specific customers. We are focusing on growth in the United States while maintaining our market-leading position in Canada, Nelson says.▲ SCA’S INCONTINENCE PRODUCTS ARE SOLD THROUGH TWO CHANNELS: • The health-care channel, including institutional care (40 percent of the total market) and home care (25 percent). • The retail channel (35 percent) for consumers who are often younger and more active. MARKET GROWTH is more than 5percent per year, with light incontinence products showing the fastest growth. “In the retail channel, consumers tend to be more active than those in the institutional segment of the market. This distinction leads to different product characteristics with regard to absorbency, durability, comfort and discretion. We leverage the lessons we learn from both channels to maximize synergies without compromising the need to develop products that meet the specific needs of each segment,” Nelson says. Innovation, marketing and information aimed at overcomAmericas SHAPE SCA *7 Mini-SHAPE_korr.indd 7 2007-08-30 17:20:52 NEWS AMORE BY SABA – MEXICO’S RISING STAR IN FEMININE PROTECTION Sales of SCA’s new feminine protection product Amore by Saba have reached more than 29 million pieces since its launch in 2006, representing 6 percent of Saba’s total domestic towel sales. Amore by Saba is an innovative product that provides good value for money. In Mexico, more than 60 percent of women live in extremely poor conditions. SCA Mexico wants to reach this niche market while contributing to the women’s health and protection. SCA No. 2 in the world in environmental awareness ■ SCA ranked No. 2 in a survey of the world’s most environmentally friendly companies by Ethical Investment Research Services, a leading provider of independent, globally responsible investment research, and the Independent newspaper. “We are working consciously with the carbon dioxide issue, and during the past year we reduced our emissions by 4 percent,” says Lennart Persson, acting CEO of SCA. “But there are also many other areas where we are making substantial progress, such as waste management, water use and raw material recycling.” The survey reviewed the entire fiber flow, from FSCcertified forest management to the production process and reuse of products. P SERENITY BECOMES TENA SCA PERSONAL CARE in North America is gearing up to migrate the Serenity brand in the United States to SCA’s global brand TENA. A new packaging design aimed at enhancing the brand image of TENA Serenity puts TENA at front and center. “With a fast-growing business and an expanding product assortment, it has become imperative to make the shopping experience for consumers easy through packaging – easy to choose the right product for their needs, and easy to identify their trusted brand for bladder protection,” says Lizelle Valdecanas, senior brand manager, North America retail within SCA Personal Care. Packaging is not just a matter of package graphics – it also helps to communicate the brand’s core identity. “A fully integrated communications plan is in place to support the migration of the Serenity brand to TENA,” Valdecanas says. Li no un co m Lo uc ar ne of ow pr bo th es by W F an to tio sc La 8*SCA SHAPE Americas Mini-SHAPE_korr.indd 8 A T 2007-09-03 15:59:25 PHILADELPHIA EAGLES AND SCA: A GLOBAL APPROACH TO ‘GREEN’ The Philadelphia Eagles football team officially announced a new corporate partnership with SCA when the Eagles played the Carolina Panthers in a pre-season game on August 17. As a result of the SCA partnership, the East Club at Lincoln Financial Field, the Eagles’ home stadium, will now be called the SCA Club and Suites, and a series of unique business-to-business events will occur over the course of the 2007 season. SCA’s leading brand of paper products, Tork, is made from 100 percent recycled fiber and is Eco Logo certified. The towel, tissue and napkin products are being used in the restrooms and all public areas of the stadium. “We warmly welcome SCA as our corporate partner,” says Joe Banner, president and chief operating officer of the Philadelphia Eagles. “The synergy of our own Go Green environmental program and the green practices of SCA make a powerful statement that we both are committed to championship performance on the field and in our communities.” Signage for the newly named club area is in the process of being installed and is expected to be completed by the Monday Night Football home opener against the Washington Redskins on September 17. Fresh launches in Mexico ■ SCA Mexico launched new scented products in the feminine protection segment in June. The Saba Confort brand now comes in three aromas: Chamomile, Jasmine and Orange Blossom. SCA’s goal with these launches is to become the aroma flagship in the feminine protection category in Mexico. Aromas, natural essences and scented products are popular in Mexico and throughout Latin America. ONE-OF-A-KIND DISPENSER XPRESSNAP SINCE THE ONE-at-the-time dispenser Xpressnap came to market in 2003, sales have climbed rapidly. Xpressnap sales soared 170 percent in 2006, providing a great example of how product innovations build customer relationships and loyalty. “I believe Xpressnap brand napkins have the brand recognition potential and product potential to become a global brand of interfold napkins, making SCA the dominant global player in the interfold napkin category,” says John Riley, category director – tabletop, SCA Tissue North America. Americas SHAPE SCA *9 Mini-SHAPE_korr.indd 9 2007-08-30 17:21:32 FOCUS: LATIN AMERICA LATIN AMERICA: GROWTH AND STABILITY FOSTER A GROWING MIDDLE CLASS Latin American economies are enjoying a period of strong growth that looks set to continue. Greater stability and lower inflation boost consumer confidence and a burgeoning middle class. t he International Monetary Fund, IMF, sees growth in Latin America including Mexico at 5.0 percent this year in its revised Economic Outlook from July 2007. Next year growth is projected to ease a little to 4.4 percent. Although dwarfed by countries like China, India and Russia, it matches the global average of 5.2 percent for both 2007 and 2008. 10*SCA SHAPE Americas Mini-SHAPE_korr.indd 10 2007-08-31 09:10:58 Fo as ity m th 20 g Y F, ng e7. tes al . Financial stability with low inflation helped by more disciplined fiscal policies and trade liberalization has kept interest rates low and boosted activity in the region. Latin America is growing much faster than its northern neighbors, and 2007 will be the fourth consecutive year with growth around 5 percent – a very welcome contrast to the traditional image of a stagnating region. The 2004–06 period was the strongest three-year period of growth in Latin America since the late 1970s. THE GREATER STABILITY, strong growth For Latin America as a whole, a majority of households may have joined the middle class by 2010. and ambitious social programs are also transforming the socio-economic landscape of the continent. Poverty is falling and a new middle class is rapidly emerging. This trend is perhaps most dramatic in the region’s two economic powerhouses, Mexico and Brazil, home to half of the region’s 560 million inhabitants. In Brazil, for instance, the number of households earning between USD 5,900 and USD 22,000 per year grew by 50 percent to 22.3 million between 2000 and 2005, while in Mexico the number of families with a monthly income between USD 600 and USD1,600 almost doubled to 10.7 million from 1996 to 2006, according to estimates by ECLAC and local experts. Similar trends can be seen in Colombia and Peru. In Argentina data show that the number of families with a monthly income above USD 1,000 has doubled to 40 percent of the total from just 20 percent in 2003. ESTIMATES BY BANCO SANTANDER show that for Latin America as a whole, a small majority of the households may have joined the middle class with incomes above USD 12,900 by 2010 if the current trends continue. Improving the distribution of income is of course essential from a social perspective but also helps to ensure broad support for necessary economic and fiscal reforms that can help to sustain economic growth momentum. Longer-term prospects for the region also look promising, underpinned by robust global growth and strong commodity prices. But much improved regional conditions also improve the odds for sustained growth. The region is making progress in strengthening macroeconomic policy frameworks that increases stability. Inflation targeting is used by a number of countries, Longer-term prospects for the region also look promising, underpinned by robust global growth and strong commodity prices. Americas SHAPE SCA *11 Mini-SHAPE_korr.indd 11 2007-08-30 17:22:04 FOCUS: LATIN AMERICA ON THE DOWNSIDE , potentially falling energy and commodity prices pose a risk as global growth moderates and oil and metals prices decline from the record levels of 2006. Countries with particularly close trade links with the US such as Mexico and Central America or significant exporters of oil and metals such as Chile, Ecuador, Peru, and Venezuela will be most affected. Rising grain prices help exporters of agricultural products like Argentina and Brazil. Latin America is however more resilient against adverse developments than previously, supported by a current account surplus and more broad-based growth. ▲ EXPANDING MIDDLE CLASS 50 % of Latin American households will have an annual income above USD 10,708 by year 2010. SCA IN LATIN AMERICA – A GROWTH STORY W 40% 20% 2002 >10,708 2006 2010* 0% Sources: Santander, ECLAC *Forecast 60% bu SC fo ni ca og A U sh SCA HAS SALES in the Latin American region of more than USD 600 million and a clear regional focus on all kinds of hygiene products. Over the years, market positions have been established by way of joint ventures in most of the region’s countries. SCA now has a fully owned business in Mexico and Central America, and it has developed successful joint ventures in Colombia, Ecuador, Peru, Chile and the Dominican Republic. From Chile and Colombia, the neighboring markets of Argentina, Venezuela and Bolivia are being developed. Consumption of hygiene products is growing fast in the region as both the number of consumers and their spending power increase. “It’s a dynamic and high-growth market for us with a lot of potential business, and our ambition is not only to grow with the market but to increase our total mar- MARKET GROWTH IN THE LATIN AMERICAN REGION AFH TISSUE MARKET • Growth 4-5 % FEMININE CARE MARKET • Growth 7-8% INCONTINENCE CARE MARKET • Growth 12-14% CONSUMER TISSUE MARKET • Growth 4-5% <10,708 12*SCA SHAPE Americas Mini-SHAPE_korr.indd 12 m ve ti lo ce Latin America’s rapidly expanding economies and increasingly affluent consumers make the region a priority for further growth. In more than 30 years in the region, SCA has achieved solid market positions in several countries. 100% 80% ke pr A an 2007-08-31 09:17:44 pr International Monetary Fund, World Economic Outlook Database, April 2007 *Forecast and with the exceptions of Venezuela and to some extent Argentina, inflation has largely been contained. In Argentina, inflation declined in 2006 but the authorities rely on administrative measures to keep a lid on price pressures. fu bu th ha ket share substantially,” says Thomas Wulkan, president of SCA Americas. “In the future Latin America could well be bigger for us than the US and Canada.” WITH THE EXCEPTION of s e th ly r- International Monetary Fund, World Economic Outlook Database, April 2007 *Forecast an of ve he in cle a, odof the feminine care segment, the hygiene markets are still largely undeveloped and fragmented in Latin America. In the tissue and incontinence care segments, smaller local or regional players account for 40 to 50 percent of the market. The feminine care market is more developed but still growing a hefty 7 to 8 percent a year, with SCA’s position strong in many markets. In Mexico, for example, Saba from SCA is the leading feminine care brand. In South America SCA’s feminine care brand Nosotras has higher top-of-mind recognition than any other FMCG brand. The Latin American feminine care market is worth a total of USD 1.3 billion, and SCA holds an overall market share of 18 percent. The overall strategy in Latin America is one of profitable growth. “We must continue to please our consumers to further grow and strengthen our leading brands, but also manage all the organizational challenges that follow with rapid growth,” Wulkan says. “We have a lot of exciting product news in our pipeline Annual % change GDP constant prices COUNTRY 2006 2007 2008* ARGENTINA 8.5 7.5 5.5 BOLIVIA 4.5 4.5 5.3 BRAZIL 3.7 4.4 4.2 CHILE 4.0 5.2 5.1 COLOMBIA 6.8 5.5 4.5 2.9 ECUADOR 4.2 2.7 MEXICO 4.8 3.4 3.5 PERU 8.0 6.0 5.5 10.3 6.2 2.0 VENEZUELA “In the future Latin America could well be bigger for us than the US and Canada,” says Thomas Wulkan, president of SCA Americas. and a very strong and talented organization, so I feel confident about our ability to continue to grow our business profitably in the region.” SCA HAS LEADING feminine care, incontinence care and tissue brands in most of its markets. SCA also has a leading brand for baby diapers in Colombia and Ecuador, where the market share has increased from around 6 percent to 30 percent in just five years. One key element of the growth strategy is adding new hygiene categories, such as baby diapers, in markets where SCA already has a strong position. The continent’s largest market, Brazil, is still virgin territory for SCA and could represent both a challenge and great potential. The Brazilian hygiene market is still fragmented, but it is growing fast and rapidly becoming more sophisticated. SCA is a little more cautious for now in Argentina and Venezuela given the recent political trends in these two countries. ▲ Americas SHAPE SCA *13 Mini-SHAPE_korr.indd 13 2007-08-31 09:17:57 SNAPSHOT TODAY, THE AMERICAS ACCOUNT for 17 percent of SCA’s sales, and with its focus on hygiene products and solid future potential, the Americas present one of the most interesting geographic areas for SCA, both today and in the future. Latin America, with its rapidly growing market, poses an interesting challenge for SCA, since one of the cornerstones in our strategic direction is to move closer to customers and to capitalize on the high growth potential of such an emerging market. In North America, the focus is to strengthen customer relationships with higher-value products within both incontinence care and AFH-tissue. I am convinced that SCA in the Americas has a unique position for further growth and increased profitability. LENNART PERSSON, ACTING CEO OF SCA THE HISTORY OF SCA IN THE AMERICAS Latin America: North America: SCA was first established in Latin America in 1980 through a joint venture in Mexico. From this foothold, SCA expanded to Guatemala, Costa Rica and Panama. In 1986, a joint-venture company was established in Colombia and operations have thereafter expanded in to the neighbouring countries of Peru, Ecuador, Venezuela and the Dominican Republic. In 2003, 50 percent of the Chilean paper and hygiene company PISA was acquired. In 2004/05 SCA increased its ownership in Mexico to fully owned subsidiaries. In North America, SCA has accelerated its presence during the 21st century with the acquisition of part of Georgia Pacific’s away from home tissue operations and the packaging company Tuscarora. SCA also invested in a greenfield tissue plant in Barton, Alabama. In 2007 the packaging operations were divested. Emp S Today: SCA is focused on hygiene products in the Americas and has more than 7,000 employees and generates revenues exceeding USD 1.9 billion. 14*SCA SHAPE Americas Mini-SHAPE_korr.indd 14 2007-09-03 15:56:49 Tissue North America Mexico and Central America Joint Venture Activity A’s id st nd Personal Care North America Headquarters: SCA Americas SCA Tissue North America SCA Personal Care North America es rto al Drummondville Oakville South Glens Falls/Greenwich Neenah/Menasha Alsip Philadelphia Bowling Green er th Bellemont/Flagstaff ue y. Barton Monterrey ES Dominican Republic Managua Personal Care 30% T LI SC IN Ecatepec Mexico City SP A Uruapan M E R I CAS S EA AL TH Cartago/Costa Rica Bogota/Colombia Tissue 70% Quito/Ecuador Employees: 2,700 Sales: $ 400 M R E I C M A A SS E AL TH N ES I S Lima/Peru SP T LI A C Incontinence Mexico/ North Central America America 19% 21% South America 12% AFH Tissue North America 48% Employees: 550 Sales: $ 350 M Employees: 1,500 Sales: $ 250 M Caracas/Venezuela Medellin/Colombia Santiago/Chile Employees: 2,500 Sales: $ 900 M Americas SHAPE SCA *15 Mini-SHAPE_korr.indd 15 2007-08-30 17:22:57 CORE VALUES ALL FOR ONE, ONE FOR ALL a SCA CORE VALUES CREATE UNITY lthough SCA Americas is large and diverse, it is still one business group within one larger company: SCA. There is one common mission and one set of core values for the entire company, and like all SCA employees, those working in SCA Americas live the same SCA core values of respect, excellence and responsibility every day. EXCELLENT WORK IN LOSS PREVENTION An example that focuses on just one of the values, responsibility — between employees, as well as to shareholders and customers — is recent award-winning work with loss prevention. SCA Tissue North America received an Achievement Recognition Award from FM Global in June 2007 for its outstanding achievements in loss prevention. One area singled out for recognition was the push to prevent fires that could result in the loss of property or interruption of service. SCA Tissue’s efforts in this area reduced corporate loss expectancy by more than USD 216 million. FM Global recognized SCA Tissue North America for following up on more than 80 recommendations made by the insurer. Mini-SHAPE_korr.indd 16 ELLIPSE OF INCLUSION ■ In step with the value of respect, SCA Americas strives to be a place of inclusiveness. To illustrate this in a very concrete fashion, the SCA Americas’ headquarters at Cira Centre in Philadelphia was designed around an ellipse—an architectural symbol of employee inclusiveness represented in a three-story elliptical staircase meant to encourage employee interaction. Shown above, at the center of the design, are some of the SCA employees who are nominated by colleagues for living the SCA core values. Front row, left: Don Lewis, Kathy Hammond, Lisa Daniels, Editha Rosado, back row,left: Fred Albrecht, Shellee DeFreitas, Colleen Egan, Pat Dolan. 2007-08-31 09:18:15