Sustainability report

AAK Sustainability Report 2020 12 Better Sourcing Below we present AAK’s sustainability commitments, ambitions and progress in brief. Together with the additional activities and key performance indicators described in this report, these are the lighthouses that target our most significant risks and opportunities and enable us to contribute to Agenda 2030 and make sustainability happen, from plant to brand. Commitments Ambitions Status 2020 Protecting biodiversity and ecosystems. Reducing environmental impact Verified deforestation- and conversion-free • 2025: 100 percent verified deforestation-free for palm and soy Reforestation • 2025: 100,000 trees Reducing GHG emissions • 2021: Define the scope 3 science-based targets and drive progress accordingly • On track Palm: 50 percent, increased by 92 percent since 2019 Soy: 31 percent, a new baseline • 38,000 shea and coconut trees planted (accumulative from 2019 onwards) • Work is ongoing to set targets Empowering smallholders and women to improve livelihoods Women in engagement programs • Continue to increase our impact on women and smallholders • 321,443 women engaged in our shea supply chain. An increase by 39 percent since 2019 • 3,100 smallholders engaged within palm Embedding the respect for human rights Human rights • 2021: 100 percent of countries of origin risk-assessed and salient issues identified • 2021: action plan initiated for palm oil • On track • On track For more information and a follow-up on AAK’s previous ambitions, please see our SDG assessment (page 72–81) and key performance indicators on page 86. Our commitments and ambitions