1、Building on Our VisionAnnual Report 2022For more than 125 years,International Paper has been a driving force in the global economy.We make essential products people depend on every day from planet-friendly packaging to absorbent pulp for personal care and other products.Building on our strong founda
2、tion,were here for whats now and were creating whats next.Every day,the world moves forward with new ideas,new technologies and new priorities.And every day,International Paper anticipates whats next and acts with conviction,confidence and compassion.By transforming renewable resources into products
3、 people depend onfrom planet-friendly packaging to absorbent pulpwe help make the world better,safer and more sustainable so our customers,employees,shareowners and communities can thrive and succeed.Rooted in our core values and driven by our corporate strategy and Vision 2030 sustainability goals,
4、we are steadfast in pursuit of our vision to be among the most successful,sustainable and responsible companies in the world.01International Paper 2022 Annual Report$19.4B2021$21.2B20229%revenue from 2021In 2022,the external economic environment added a degree of difficulty to serving our customers
5、and managing costs.The inflationary impact on consumer spending had a negative effect on box demand in the latter part of the year.Significant input and transportation costs and labor shortages placed additional pressure on productivity,earnings and margins.Despite these challenges,our teams rallied
6、 to use the full scale and breadth of our manufacturing and converting system and our supply chain to take care of customers and optimize processes and spending.As a result of these efforts,the company achieved significant year-over-year improvement in sales revenue,adjusted EBITDA and return on inv