Sustainability report

Sustainability Report 2020 62 AAK A global team effort This Sustainability Report is a global team effort involv- ing colleagues from all sites, who contribute with their experiences about the company’s many environmental and social initiatives. The report also includes state- ments, initiatives, projects, and views from across the entire organization that demonstrate how sustainability is firmly anchored within our organization. The scope This is a stand-alone Sustainability Report that encompasses the AAK Group, including production sites, administrative offices, sales offices, Customer Innovation Centers, and sourcing operations. In general, the data in this report covers our activities from January 1 to December 31, 2020. Environmental data is restricted to production sites with stepwise integration of facilities with a significant impact in line with the Greenhouse Gas Protocol. The scope of raw materials is identified together with our partner Proforest and based on volumes, position in supply chain, and risks. Acquisitions During the last five years, AAK has experienced significant changes regarding the scope of our produc- tion sites, with mergers and acquisitions in Belgium, India and USA. In 2019, AAK acquired MaasRefinery in the Netherlands, BD Foods and Soya International in the UK, and during 2020 we acquired 75 percent of long-term partner NPO Margaron LLC, a producer of margarines, spreads, and bakery and confection- ery fats, based in St. Petersburg, Russia. To further strengthen our position in the strategic and fast-grow- ing Indian market, AAK also acquired the remaining 31 percent of the shares in AAK Kamani, the joint venture between AAK and Kamani Oil Industries Pvt Ltd. that was formed in 2015. Onboarding new sites Aligning new sites with AAK’s sustainability standards is an important part of their integration. Each site will have a sustainability team that will be invited into the global sustainable operation community. New sites are not required to join our GRI reporting until they have one full year of production. Therefore, all newly acquired sites are included in this report, except Soya International and NPO Margaron. Reporting framework About the AAK Sustainability Report