At AAK, we strongly believe in collaboration as the key to sustainability. As a result, our solutions are developed in close partnership with multiple stakeholders. We take a balanced approach to the Sustainable Development Goals (SDGs), which enables us to clearly distinguish how we can increase our positive impact and in what areas we can reduce our negative impact.
Our most significant impact
During 2020, the most significant impact we created in connection with Agenda 2030 was through our Kolo Nafaso program within our shea supply chain. A key achievement has been the growth of the number of women involved by more than 90,000 (compared to 2019). Today, we are reaching 321,443 women in total.
One of the many things that our women program in West Africa has taught us is that the Sustainable Development Goals (SDGs) are interconnected. Pre-financing is one of our primary interventions and during the Covid-19 lockdown in April, our main priority was to distribute our pre-financing budgets in time for women to make farming investments. Since the money is often invested in direct food needs or in agriculture, the initiative is not only connected to SDG 1.4 (equal rights to economic resources and banking) but also to SDG 2.1 (end hunger and ensure access by all people) and SDG 2.3 (double agricultural productivity and incomes of small-scale food producers).
The women in the Kolo Nafaso program are making their own investment choices and decisions regarding how to grow their businesses, and the initiative is encouraging and expanding their access to banking, and financial services in line with SDG 8.10 (expand access to banking and financial services for all).
By providing business and resource efficiency training to the women in the program, we also contribute to both SDG 5.1 (end all forms of discrimination against all women and girls everywhere) and SDG 12.8 (ensure that people everywhere have the relevant information and awareness for sustainable development).
Creating new partnerships and opportunities
During 2020, AAK has explored new partnerships as a response to the pandemic, focusing on the immediate need for improved public hygiene. We have teamed up with Saha Global, an NGO in Ghana, to help women entrepreneurs create new businesses that provide access to clean drinking water for their communities.
From 2021 and onwards, AAK and Saha Global will help to bring these businesses to the Kolo Nafaso communities and create extra income for women in line with SDG 6.1 (achieve universal and equitable access to safe and affordable drinking water for all).
We have ten years to meet the 2030 targets and to make better happen together with our customers and partners. To this end, we will continue to assess our progress and develop ever better ways to ensure we embrace the opportunities in alignment with the Sustainable Development Goals, connecting them to our strategy and priorities.
More information on our remaining secondary contribution to the SDGs in Kolo Nafaso can be found in our Shea progress report from March 2021 here.
For more information about AAK’s activities, including description of positive and negative impact, please see the SDG assessment in our Sustainability Report 2020.
Contributes to the following SDG goals: