AAK sustainability report 2018

63 Sustainability approach Engaging with stakeholders For AAK, sustainable growth is about responsibility toward all key stakeholders – the local communities where AAK operates, customers, employees, investors, and suppliers. AAK’s model for sustainable growth is a dynamic one, continuously enhanced by new knowledge, changes in the external environment and engagement with key stakeholders for their input. Input from key stakeholders comes from ongoing dialogue, at both local and corporate levels, about their expectations of the AAK Group now and in the future. What do they expect from AAK as a good neighbour, a preferred supplier, an attractive workplace, a profitable investment and a valued customer? Their input guides us to where, and at what level, AAK should set its next objectives to drive future progress in this area. An example of input from shareholders is their emphasis that sustainable sourcing is a key element when reviewing new investment options, since this affects the risk profile of their portfolio. This input has reconfirmed strong focus within this area, and has supported and guided AAK to maintain a high ambition level. AAK regularly receives questionnaires, supplier codes of conduct and suchlike from our customers and investors, which we respond to in accordance with our policies. This type of input, combined with sustainability reports, materiality analyses, etc., serves as an impor- tant guide to priorities on our stakeholders’ agendas, and supports our continuous, proactive efforts to main- tain an up-to-date perception of what may be expected from us in the future. At the same time, we use mate- riality analysis as a tool to identify the most important focus areas for our sustainability work internally. This way “Monitoring & Dialogue” tells us where to focus our resources. Monitoring & Dialogue Sharing & Partnerships UNGC principles & SDGs Policies & Codes Global CSR Team Ambitions and GRI AAK Sustainable Growth Our Planet Our Customers Our Neighbours Our People Our Suppliers 63