33
Sustainability ambitions and GRI
To maintain momentum and drive improvement, we
define ambitions within each of the five focus areas.
Achievements and future ambitions are publicly
available in our Sustainability Report. Further, based on
the Global Reporting Initiative Standards, we globally
monitor indicators that are material to our stakeholders
and ourselves.
Global sustainability team
The engine driving our sustainability activities is our
decentralized global sustainability team, established
in 2007. It consists of local teams with competencies
covering our sustainability scope. The Global
Sustainability Manager reports to the Chief Strategy
& Sustainability Officer who is ultimately responsible
for sustainability and a member of AAK’s Executive
Committee.
Knowledge sharing and partnerships
Sharing our knowledge, objectives and achievements
with our stakeholders is a fundamental part of our
approach. In our annual Sustainability Report we
share global information based on the GRI framework
supported by a variety of local projects and initiatives
illustrating how our sustainability work comes alive.
Further, we regularly report progress on the implementation
of our Responsible sourcing of vegetable oils
policy and our Palm oil policy in AAK’s progress report
on sustainable palm oil and AAK’s progress report on
sustainable shea. Reports and policies are available at
our website.
The UN Global Compact encourages companies
to engage in partnerships to tackle global challenges
more effectively. We strongly believe that this will allow
you to accomplish more than you would on your own.
Partnering with other businesses, NGOs and governmental
agencies are ways to accomplish more. AAK is
participating in or partnering with, for example, RSPO
(Roundtable on Sustainable Palm Oil), GSA (Global
Shea Alliance) and Proforest.
Monitoring and dialogue
Our sustainability approach is not static but rather
adjusted to input from stakeholders such as customers,
investors, NGOs, and employees. We monitor new and
upcoming legislation, follow trends in our communities,
and benchmark our sustainability practices against
those of retailers, customers, and competitors.
If you would like to learn more about our sustainability
work, please watch the short, animated video under
Sustainability at our website or read about our sustainability
achievements, initiatives and ambitions in our
annual Sustainability Report, also available at our
website.