Sustainability report

Key achievements in 2020 Due to the Covid-19 pandemic, we have had to change our way of working to make better solutions happen. Additionally, the pandemic has caused consumers to change what they buy and eat, which in turn has affected our customers’ businesses, and thereby ours. For example, people are now choosing plant-based food alternatives to a far greater extent. Increase the demand for sustainable solutions • Increased the demand for RSPO-certified sustainable palm by 23 percent. • Deeper understanding of our customers' sustainability needs. • New web-based ways of interacting and sharing best practices. A stronger pipeline for sustainable solutions • A larger part of our opportunity pipeline is based upon customer needs within sustainability. • New partnerships established to strengthening our customer innovation within plant-based foods (MISTA, Good Food Institute). • Establishing Global Center of Excellence for plant-based activities. • Strengthened support for our customers' needs with our Health & Nutrition platform. • Building stronger platform for resource-efficient solutions. Our contribution to the Sustainable Development Goals • New plant-based food products brought to market in cooperation with our customers. • 34 percent of revenue contributing to the Sustainable Development Goals. Our commitments are supported by the following ambitions: • 2021: Identify and share best practices on selling sustainable solutions • 2021: Ensure sustaina­ bility is fully embedded in the opportunity management process • 2025: 50 percent of revenue contributing to the Sustainable Development Goals AAK Better Solutions | 51 Sustainability Report 2020