FAIRFAX MEDIA ANNUAL REPORT 2013 15 • 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. 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 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. 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.  optimising our printing operations FAIRFAX PRIntIng AnD thE EnvIRonMEnt EnvIRonMEntAl IMPACts oF nEwsPAPER PRIntIng