Sustainability report

AAK Sustainability Report 2020 Reporting framework | 81 Revitalize the global partnership for sustainable development Target 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowl- edge, expertise, technology and financial resources, to support the achievement of the Sustainable Development Goals in all countries, in particular developing countries. AAK's sustainable solutions are a result of co-development with customers and suppliers. We work together with different stakeholders to scale up our impact beyond our operations and supply chain. We are engaged in several global partnerships, including UNGC, RSPO and the Global Shea Alliance. Our community engagement programs have a significant positive impact on specific target groups in the societies we are located in. Going forward, we will emphasize our work with partnerships and ability to influence by focusing more on our community engagement initi- atives. Based on impact assessment, it will be crucial to identify what multi-stakeholder partnerships can strengthen AAK's role in the society and make us a better neighbor. Direct YES During 2020, AAK continued its contribution to the RSPO in making sustainable palm the norm. In 2020, AAK committed to the first Sustain­ able Coconut Charter together with important industry partners. We also initiated a partnership, Saha Global, to provide clean drinking water in Ghana. Additionally, we have welcomed Beiersdorf as a new Sustainability Partner for a five-year program, supported by the Global Shea Alliance and USAID. Relevant community projects have been established with local partners such as Casa de Nazaré in Brazil, a non-profit association created to provide support and protection to children and adolescents through institutional care. Another example is our partnership with Cepridih in Uruguay. A non-profit association supporting vulnerable families, especially women with children in high social risk areas. Its main objective is to generate alternatives of socio-economic inclusion and support people to effectively join the labor market. UN SDG UN SDG sub-targets AAK’s impact Increasing positive impact Direct/ Indirect impact Reducing negative impact Direct/ Indirect impact Business- critical SDG Progress and supporting key performance indicators