In 2024, our strategic initiatives delivered strong results and enabled us to raise the bar of our aspiration. We continued to make progress towards our sustainability targets and 2030 aspiration.
The reports capture a year of progress, innovation, impact, and enhanced collaboration across our global network, while also highlighting how our decentralized model drives growth and reinforces our commitment to enable sustainable solutions for the future.
- We aspire to reach SEK 3+ per kilogram profitability by 2030 and grow volumes faster than the underlying market while reinforcing our recognition for delivering a positive impact.
- Our aspiration sets a clear direction for continuing to grow operating profit by an average of 10 percent per year.
- We made meaningful progress toward our sustainability targets. 91 percent of our palm supply is now verified as deforestation-free, and global traceability to plantation has reached 97 percent. We also advanced toward our SBTi targets, particular in reducing Scope 1 and Scope 3 FLAG emissions.
As experts in specialty oils and fats solutions, we are equipped to tackle global challenges and committed to replacing fossil-based solutions with plant-based alternatives to meet the growing demand for eco-friendly products. We aim to significantly expand our addressable market, positioning ourselves as leaders in sustainable growth and forward-looking solutions.
With our diversified mix of plant-based oil and fat ingredients, we stay relevant to support our stakeholders in their shift to greener practices.
