The AAK House of Sustainability
Sustainability is key to our growth and essential to
DFKLHYHRXUYLVLRQRIEHLQJWKHLQGXVWU\¶V¿UVWFKRLFH
for value-adding vegetable oil solutions. Our House of
Sustainability has guided our continued progress and
represents the foundational structure of our sustainability
10
initiatives and how we make it part of our DNA.
UNGC principles and SDGs
The UN Global Compact (UNGC) is a solid platform
and a broad concept based on ten universal principles
within Human and Labor Rights, Environment, and
Anti-corruption. It involves all of the major players in
global business and sustainability, including the GRI
(Global Reporting Initiative), ETI (Ethical Trading
Initiative), ICC (International Chamber of Commerce),
and OECD (Organization for Economic Cooperation and
Development). AAK has been a participant of the UNGC
since 2003.
UN Sustainable Development Goals
In 2015, all member states of the United Nations
adopted 17 Sustainable Development Goals (SDGs),
which aim to end poverty, protect the planet, and ensure
SURVSHULW\IRUDOOZLWKVSHFL¿FWDUJHWVWREHDFKLHYHGE\
2030. As a global company, AAK recognizes that businesses
have to play an important role in this process
and thus we have included the SDGs in our model. We
are developing further ways to support the process and
monitor and report on our progress.
AAK
Sustainable Growth
Global Sustainability Team
Ambitions and GRI
Our Planet
Policies & Codes
in 2007. It consists of local sustainability teams with
core competencies that cover our sustainability scope.
The Global Sustainability Manager reports to the Chief
6WUDWHJ\ 6XVWDLQDELOLW\2I¿FHUZKRLVDPHPEHURI
AAK’s Executive Committee.
Sharing and partnerships
Sharing knowledge, ambitions 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 that illustrate
KRZRXUVXVWDLQDELOLW\ZRUNFRPHVWROLIH)XUWKHUPRUH
we regularly report progress on the implementation of
Policies and codes
AAK’s sustainability policies and codes are based on
the UNGC as well as on our own principles and are
implemented globally across all AAK business activities.
The policies and codes are aligned with many of our
customers’ requirements and values, which strengthens
our strategic alignment. AAK’s policies and codes are
available at our website, www.aak.com.
)LYHVXVWDLQDELOLW\IRFXVDUHDV
:HKDYHGH¿QHG¿YHVXVWDLQDELOLW\IRFXVDUHDV±WKH
“pillars” – that are important to our business: Our
Customers, Our Suppliers, Our Planet, Our People,
and Our Neighbours. They provide an overview of our
progress and guide us in setting objectives and focusing
our resources.
Sustainability ambitions and GRI
To maintain momentum and drive improvement, we
KDYHGH¿QHGNH\DPELWLRQVZLWKLQHDFKRIWKH¿YHIRFXV
areas. Achievements and future ambitions are publicly
DYDLODEOHLQRXU6XVWDLQDELOLW\5HSRUW)XUWKHUPRUH
based on the Global Reporting Initiative (GRI) and the
GRI Standard guidelines, we globally monitor indicators
of importance for our stakeholders and ourselves. To
do this, we use the materiality analysis methodology
outlined in the GRI Standard.
Global sustainability team
The engine behind many of our sustainability activities is
our decentralized global sustainability team, established
Monitoring
& Dialogue
Sharing &
Partnerships
UNGC principles & SDGs
Our Customers
Our Neighbours
Our People
Our Suppliers