%, All external stakeholders
(Customers, investors, municipalities, trade organizations, employees, millennials, and suppliers)
100
90
80
70
60
50
40
30
20
10
0
6
17
10
0 10 20 30 40 50 60 70 80 90 100
%, Internal stakeholders (AAK’s sustainability team, important representatives
from supply chain, operations, go-to-market and employee millennials)
Number Material topics Description/Chapter
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3 Offer traceability of products Our Suppliers
6, 7 Working conditions and livelihoods of smallholders Our Suppliers
9 Reduce GHG emissions throughout supply chain Our Suppliers
10, 11, 12 Reduce environmental impact including deforestation and biodiversity Our Suppliers
5HVRXUFHHI¿FLHQF\
14 Take active steps towards minimizing external risks caused by climate change Our Planet
16 Reduce greenhouse gases throughout operations Our Planet
17 &RQWLQXRXVO\ZRUNWRDFKLHYHHQHUJ\HI¿FLHQF\ Our Planet
19 Assess environmental impact of products through out entire product life cycle Our Planet and Our Suppliers
People/Governance
24 Promote employee competence and career development Our People
26 Prevent harassment throughout operations Our People
28 Active whistleblower system that concerns all parts of supply chain Our People
30 Ensure compliance with the AAK Code of Conduct throughout operations and
65
3
7 9
14 24 30
28
26
16
12
19
11
AAK Materiality matrix
In order for the analysis to capture both internal and
external perspectives, the matrix ranking is set in
relation to the corresponding ranking carried out by the
local sustainability teams and other internal key stakeholders.
The internal perspective was then compared
with the perspective of all stakeholder groups. This
exercise made it possible for the analysis to capture the
perspec tives of both AAK and external stakeholders,
with a special focus on the topics listed as very
important.
In the end, AAK chose to focus on all topics in the
top square of the Materiality matrix as listed in the table
above, in order to ensure we cover the main concerns
of our stakeholders. You can read about topic bounda-
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exercise in each chapter as described above.
business relationships
Our People and Our Suppliers
Basis: Proportion who answered ”Very important”