Principles. Priorities. And an ongoing commitment to pursue new ways to continuously improve Avery Dennison's sustainability performance.

At Avery Dennison operations around the world, employees are focusing on these three areas to achieve business success that not only benefits our shareholders, customers and employees, but also improves the quality of life for the communities in which we operate and conserves the world's natural resources.

The Company's core values of integrity, teamwork, innovation, excellence, service and community provide a strong foundation for - and guide - these ongoing global sustainability efforts.

Our Sustainability Operating Principles

To fulfill the operating model stated in our Sustainability charter, we have established the following guiding principles:

• Live by our core values and Code of Business Conduct
• Protect the health and safety of our employees and communities
• Meet customer needs with innovative solutions that drive sustainable growth
• Provide our investors an attractive return on their investment
• Minimize environmental impact through responsible manufacturing processes
• Invest in responsible community organizations to improve the quality of life

Six Key Priorities

To make sustainability integral to everything we do, we have set six global priorities:

1. Activate more energy efficiency initiatives to lower our carbon footprint and greenhouse gas (GHG) emissions
2. Manage waste reduction through regional assessments and solution identification
3. Achieve responsible paper sourcing through supply chain collaboration, engagement with responsible forestry organizations and third-party chain of custody certification of operations.
4. Develop and offer innovative eco-friendly products
5. Promote fair labor and safe factory operations by implementing global labor standards
6. Meet community needs as a socially responsible company

Driving Sustainability Through Positive Business Results

Because achieving positive sustainability results depends upon consistently delivering positive business results, we strive to manage our business for revenue growth, productivity improvement and increased return on investment. We also structure our Company strategies to capitalize on opportunities and manage risks from economic, environmental and social developments.

In addition, to create long-term shareholder value, we...

• Adhere to the highest standards for corporate governance and stakeholder engagement, including global corporate codes of conduct and public reporting
• Create innovative customer solutions that drive growth and create economic opportunities for communities where we operate and strong returns for shareholders
• Partner with investor-related reporting organizations that monitor and rate corporate sustainability performance, such as Sustainable Investment Research International Ltd and KLD Research & Analytics, Inc.

Click here to print and view the 2008 Sustainability Brochure