CSR Approach Engaging with our stakeholders Responsible growth is the key objective of our AAK Acceleration strategy, and is essential to our vision of being the first choice for value-added vegetable oil solutions. For us, responsible growth is about our responsibility towards all of our key stakeholders – the local communities where we operate, our global customers, our employees, our investors and our suppliers. Our model for responsible growth is a dynamic one, continuously enhanced by new knowledge gained, changes in the external environment and our engagement with our key stakeholders for their input. The input from our key stakeholders comes from our ongoing dialogue with them, at both local and corporate levels, about their expectations of us now and in the future. What do they expect from us as a good neighbour, a preferred supplier, an attractive workplace, a profitable investment and a valued customer? Their input guides us as to where and at what 38 | AAK Responsible Growth level we should set our next objectives to drive our future performance within this area. An example of input from our shareholders is their emphasis that sustainable sourcing is a key element when they review new investment options, since this affects the risk profile of their portfolio. This input has reconfirmed our strong focus within this area and supported and guided us to raise our ambitions. Our key stakeholders provide our main guidance in our continued development of responsible growth. Ongoing dialogue with external stakeholders We value the ongoing input from and dialogue with our stakeholders in respect of our CSR approach, including their assessments of our efforts. Through this dialogue, we can ensure that AAK continues to be their first choice, also when it comes to CSR. AAK responsible growth Transparency Sedex Sustainability Report AAK web Partnerships Stakeholders Legislation Trends Benchmarks CSR organisation Objectives and GRI Marketplace Supply chain Environment Workplace Community Group CSR policies and codes UN Global Compact From customers and investors, we regularly receive questionnaires, supplier codes of conducts and suchlike, which we respond to in accordance with our policies. This type of input serves as a useful guide to the priorities on our stakeholders’ agenda – supporting our continuous, proactive efforts to maintain an up-to-date perception of what will be expected of us in the future. Contacts Jesper Korning Global CSR Manager Email: jesper.korning@aak.com Anne Mette Olesen Chief Marketing Officer Or e-mail sustainability@aak.com
AAK Responsible Growth 2012-2013 - UK
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