experienced extremely warm weather during 2018.
These incidents led to an increased consumption of
energy and other resources. To be better prepared
for the future, we will perform a climate change risk
assessment at all our production sites before 2020.
We have welcomed four new sites into our reporting –
two greenfields and two acquisitions. This has changed
our baseline for environmental efficiency measures.
From our site in Colombia, acquired in 2014, we know
that by sharing best practices globally we can make a
real step change in a relatively short period of time. Our
site in Colombia has improved by between 28 and 68
percent on all environmental efficiency measures over
the last three years.
Our Global Safety Program, aimed at achieving a
zero-accident culture and a risk-free workplace environment
at AAK, has been off to a good start. Lost
Time Injury Rate (LTIR), defined as the number of work
injuries that result in one or more days of sick leave per
200,000 working hours, improved by 25 percent across
our production sites. One third of our production sites
did not have any Lost Time Injuries at all during 2018.
At our sourcing operations in West Africa, where
conditions are very different, LTIR has unfortunately
increased compared to the year before. Safety and first
aid training are ongoing in the region to reduce those
During 2019, our Global Safety Team will continue to
execute and improve our Global Safety Program.
As a global company, we contribute to the development
of the many local communities in which we operate by
creating jobs, paying taxes and doing business with
local enterprises. But it takes more than that to truly
become a part of the local communities. Therefore, we
have been active in these communities for a long time
through sponsorships or through direct participation in
projects and activities.
In 2018, AAK engaged in a variety of local activities
and we will continue to secure integration with the local
communities going forward.
Recognized sustainability work
Our dedicated efforts to continuously improve our
sustainability work have not gone unnoticed.
In early 2019, Corporate Knights Inc. released its
15th annual Global 100 list of the most sustainable
corporations in the world. It ranked AAK as number 75.
Corporate Knights, a Canadian based company specialized
in media and investment research, had analyzed
the sustainability performance of 7,500 companies.
We are of course very honored by this acknowledgement,
which has been achieved thanks to our very
dedicated and responsible AAK employees around
the world. The recognition shows that we are on the
right path with our determined and extensive sustainability
Whether resulting in awards or not, we will continue
to drive our improvement work towards ambitions within
our focus areas, we will continue to incorporate new
AAK sites into our sustainability approach, and we will,
above all, continue to grow our business in a sustainable
and responsible way.
Johan Westman, President and CEO