AAK has today released its Sustainability report for 2013/2014, in which the company outlines its sustainability commitments, activities and achievements in five focus areas based on the company’s model for Responsible growth – Marketplace, Supply chain, Environment, Workplace and Community.
“Despite shifting our product portfolio to more advanced products that, in general, require more resources per produced unit, we have managed to achieve very significant improvements for many key resource efficiency parameters,” says Arne Frank, President and CEO, AAK Group. “Energy and water consumption, water discharge and CO₂ emissions have been reduced with between 10 and 18 percent per produced unit.”
AAK also reports significant progress on its palm oil commitments, both in regard to the progress on traceability and the continued development of the company’s palm oil policy. Furthermore, AAK reports on the successful women’s groups project in West Africa. The objective of locally engaging at least 30,000 women in 2013 was exceeded by more than 20 percent.
Throughout the report, AAK colleagues tell about local sustainability initiatives and managers share their thoughts and insights in their specific areas of responsibility. The report also includes external testimonials to highlight AAK’s work from an outside perspective.
For further information, please contact:
Anne Mette Olesen
Chief Marketing Officer
Phone: +46 40 627 83 14
Mobile: +46 708 39 93 14
The information is that which AAK AB (publ) is obliged to publish under the provisions of the Stock Exchange and Clearing Operations Act and/or the Trading in Financial Instruments Act. The information was released to the media for publication on October 14, 2014 at 10:00 a.m. CET.
AAK is one of the world’s leading producers of high value-added speciality vegetable oils and fats solutions. These oils and fats solutions are characterized by a high level of technological content and innovation. AAK’s solutions are used as substitute for butter-fat and cocoa butter, trans-free and low saturated solutions but also addressing other needs of our customers. AAK has production facilities in Belgium, Colombia, Denmark, Mexico, the Netherlands, Sweden, Great Britain, Uruguay and the US. Further AAK has also toll manufacturing operations in Russia and Malaysia. The company is organized in three Business Areas; Food Ingredients, Chocolate & Confectionery Fats and Technical Products & Feed. AAK’s shares are traded on the NASDAQ OMX, Stockholm, within the Large Cap segment. Further information on AAK can be found on the company’s website www.aak.com