Slide 1: Sustainability in AAK
Anne Mette Olesen, Chief Marketing Officer Sustainability in AAK The Co-Development Company
Slide 2: Sustainability trends
Sustainability trends Consumers Companies Claims and stories Certified sustainable palm oil Social Media Life Cycle Assessment (LCA) Resource efficiency No palm oil Waste Carbon emissions ”No monkey” coconut oil - Engaged Smallholder engagement - Concerned No deforestation - Feel responsible - Opini
Slide 3: Sustainability trends (US, UK & Brazil consumers)
Sustainability trends (US, UK & Brazil consumers) 36% 55% of consumers are more likely to buy from a of consumers say that they expect brands to be a brand/own label that makes a point of being force for positive change. socially responsible. American Lifestyles: Finding Common Ground - US, April 20
Slide 4: From consumer concern to AAK solution – Customer case
From consumer concern to AAK solution – Customer case 1 Consumer concern AAK solution 4 The Co-Development Company
Slide 5: Partner for a new generation company – Customer case
Partner for a new generation company – Customer case 2 The customer company’s ambition to … requires unique suppliers. be a ‘good company’ … Pushing boundaries together makes us a true partner. Fast growing new generation Partner to grow globally companies with focus on together and develop new sust
Slide 6: Responsible Sourcing of Vegetable Oils
Responsible Sourcing of Vegetable Oils One policy to apply to all procurement of raw materials This policy sets the minimum requirements (house-in- order) to protect our own and our customer’s brands The policy is publicly shared on our website Based on the principles: Legal Anti- Human Labour Trace
Slide 7: Palm – traceability and sustainability are top priorities
Palm – traceability and sustainability are top priorities Progressing on Driving change – new implementation framework Traceability 97% 35% Smallholder Engagement in Sabah and Latin America 7 The Co-Development Company
Slide 8: Shea – a sustainable raw material
Shea – a sustainable raw material Traceability Risks and opportunities Women’s groups Qualitative & field risk assessment April - May 2018 Risk mitigation strategy Q4 2018 8 The Co-Development Company
Slide 9: Coconut – pioneering sustainability work
Coconut – pioneering sustainability work Progressing on traceability Risks and opportunities Direct sourcing project Qualitative risk assessment March – September 2018 Risk mitigation strategy Q4 2018 9 The Co-Development Company
Slide 10: Our model to ensure market driven sustainability
Our model to ensure market driven sustainability Based upon cross functional global teams Designated teams for key raw materials (palm, shea, coconut) CSR Sourcing Customers Go to & Suppliers Market Trading Third party 10 The Co-Development Company
Slide 11: Thank you!
Thank you! www.aak.com The Co-Development Company