Sustainability report

AAK Sustainability Report 2020 Contents | 1 Contents Statement by President and CEO Johan Westman 2 Introduction to AAK AAK’s story 4 AAK in the world 5 AAK’s role in the value chain 6 AAK’s approach to sustainable value creation 8 Progress, commitments and impact Driving progress on sustainability 10 Our commitments and ambitions 12 Creating impact for Agenda 2030 14 Sustainability from plant to brand Better Sourcing 16–33 Our roadmap to sustainable palm oil 20 Progressing on responsible sourcing of shea 24 Progressing on responsible sourcing of other key raw materials (coconut, rapeseed, sunflower and soy) 28 Better Operations 34–49 Enabling well-being of our people 37 Minimizing our environmental impact 42 Being a better neighbor 48 Better Solutions 50–61 Increasing the demand for sustainable solutions 53 A stronger pipeline for sustainable solutions 54 Solutions that contribute to sustainable development 56 Reporting framework About the AAK Sustainability Report 62 Stakeholder engagement 64 Managing our sustainability commitments and ambitions 66 Reporting principles 68 Our commitment to the UN Global Compact 70 Our impact on the Sustainable Development Goals 72 GRI Index 82 Supporting key performance indicators/Memberships 86 Auditor's statement 88