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Sustainability approach
Engaging with stakeholders
For AAK, sustainable growth is about responsibility
toward all key stakeholders – the local communities
where AAK operates, customers, employees, investors,
and suppliers.
AAK’s model for sustainable growth is a dynamic one,
continuously enhanced by new knowledge, changes
in the external environment and engagement with key
stakeholders for their input.
Input from key stakeholders comes from ongoing
dialogue, at both local and corporate levels, about their
expectations of the AAK Group now and in the future.
What do they expect from AAK as a good neighbour, a
preferred supplier, an attractive workplace, a profitable
investment and a valued customer? Their input guides
us to where, and at what level, AAK should set its next
objectives to drive future progress in this area.
An example of input from shareholders is their
emphasis that sustainable sourcing is a key element
when reviewing new investment options, since this
affects the risk profile of their portfolio. This input has
reconfirmed strong focus within this area, and has
supported and guided AAK to maintain a high ambition
level.
AAK regularly receives questionnaires, supplier codes
of conduct and suchlike from our customers and
investors, which we respond to in accordance with our
policies. This type of input, combined with sustainability
reports, materiality analyses, etc., serves as an important
guide to priorities on our stakeholders’ agendas,
and supports our continuous, proactive efforts to maintain
an up-to-date perception of what may be expected
from us in the future. At the same time, we use materiality
analysis as a tool to identify the most important
focus areas for our sustainability work internally. This
way “Monitoring & Dialogue” tells us where to focus our
resources.
Monitoring
& Dialogue
Sharing &
Partnerships
AAK
Sustainable Growth
Global CSR Team
Ambitions and GRI
Our Planet
Policies & Codes
UNGC principles & SDGs
Our Customers
Our Neighbours
Our People
Our Suppliers
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