In 2020, we updated, sharpened and focused our framework for a sustainable business – the AAK House of Sustainability.
The updated framework supports an even stronger integration of sustainability into our business model and strategy. The aim is to embed sustainability from plant to brand and strengthen AAK’s position as the customer’s first choice for plant-based oil solutions.
The framework helps us to engage with our entire organization, prioritize our actions, and live up to our commitments and ambitions.
Sustainability is at the heart of our purpose Making Better Happen™ and our sustainability work is embedded in all parts of the AAK value chain, from the crop all the way to the brand on the store shelf. We call this Making Better Happen – from plant to brand.
Our overall sustainability objective is to support business growth and profitability by delivering sustainability from plant to brand. Our ambition is to manage risk and create a positive sustainability impact that goes beyond the scale of our operations and value chain.
We are committed and engaged with our entire organization to make sustainability happen. Supported by a strong governance structure, we track progress and make sure we contribute to the UN Sustainable Development Goals and the Paris Agreement.
International sustainability frameworks
Our sustainability improvement work is based on a foundation that supports international frameworks and standards such as the Ten Principles of the UN Global Compact (UNGC), the OECD Guidelines, the ILO Core Conventions, the UN Guiding Principles on Business and Human Rights, and the Global Reporting Initiative (GRI) Standards.
These frameworks are supported by our internal policies, codes and procedures.
Sustainability from plant to brand
Our purpose Making Better Happen™ is closely connected with the three focus areas Better Sourcing, Better Operations and Better Solutions. The AAK House of Sustainability is also in line with the UN Sustainable Development Goals (SDGs) that are critical for our business.
Each focus area includes three commitments followed by ambitions that demonstrate how we prioritize and contribute to sustainable development.
We have aligned our commitments with our most material topics and the SDGs to make sure we drive progress managing both risk and opportunities. Further information on how we manage our sustainability performance in line with the SDGs can be found in our 2020 Sustainability Report.