'Sustainability Vision 2020' gives Nutreco a clear view of the road ahead
Sustainability integral part of everyday business
Global animal nutrition and fish feed company Nutreco has issued its Sustainability Vision 2020. Making sustainability an integral part of everyday business will ensure Nutreco can contribute to the Feeding the Future challenge: feeding nine billion people sustainably in 2050. The Sustainability Vision 2020 will be executed during the coming eight years, thus raising the sustainability level of Nutreco's activities and products. With it Nutreco also aims to raise sustainability along the value chains in which it operates. Prepared in practical terms that relate to the regular business of Nutreco, 'Sustainability Vision 2020' provides every employee with priorities and opportunities to contribute individually and collectively to achieving the Vision objectives.
As a business-to-business company in the agrofood Nutreco is frontrunner in setting a long-term vision for sustainability. The priority is emphasised in the Nutreco strategy revealed in November 2011: 'Ambition 2016-driving sustainable growth'. Sustainability is identified as one of four focus areas that will drive the company's growth and increase the EBITA to EUR 400 million by 2016. The long-term vision for sustainability is shown both by the 2020 horizon and the track record of Nutreco in sustainability, which it began reporting on in 2000. The Supervisory Board of Nutreco formed an Innovation and Sustainability Committee in 2009 and in 2010 Nutreco introduced sustainability targets for its management.
The Nutreco Sustainability Vision 2020 is organised in four areas:
- Ingredients: creating a sustainable base for feed;
- Operations: ensuring our own house is in order;
- Nutritional solutions: enabling the farmer and animal to perform best;
- Commitment: involving people in the Feeding the Future challenge.
Each area sub-divides into three practical themes. For example, ingredients includes sustainable sourcing, operations includes reducing environmental impact in our own operations, the area nutritional solutions e.g. includes animal & human health, and commitment includes employee and stakeholder engagement.
AquaVision 2012: Kofi Annan key note speaker
Raising sustainability in the value chains by stakeholder engagement is an established feature of Nutreco. Since 1996 Nutreco organises every year a major business conference, alternating between AquaVision and Agri Vision. The conferences bring leading decision makers and other stakeholders in the aquaculture and agriculture industries together in a neutral forum. Sustainability has featured on the programme consistently since the first conference in 1996. AquaVision 2012, 11-13 June in Stavanger (Norway), will again focus on the challenge of feeding nine billion people sustainably by 2050. This has attracted top flight speakers including former Secretary-General of the United Nations Mr Kofi Annan and Assistant Director General at FAO (Food and Agriculture Organization of the United Nations) Mr Arni M. Mathiesen.
Demand for animal proteins (such as meat, fish, milk and eggs) where Nutreco contributes through its nutritional solutions, will rise rapidly in the coming decades. The increase is being driven by an expanding population with growing spending power, especially in emerging economies. Making sustainability an integral part of everyday business through 'Sustainability Vision 2020' will ensure Nutreco can contribute to feeding nine billion people sustainably in 2050 whilst reducing its impact on the environment.
A copy of Nutreco's Sustainability Vision 2020 can be downloaded from www.nutreco.com
A printed version is available by contacting us at email@example.com
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Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed solutions are at the origin of food for millions of consumers worldwide. Quality, innovation and sustainability are guiding principles, embedded in the Nutreco culture from research and raw material procurement to products and services for agriculture and aquaculture. Experience across 100 years brings Nutreco a rich heritage of knowledge and experience for building its future. Nutreco employs approximately 10,000 people in 30 countries, with sales in 80 countries. Nutreco is listed on the NYSE Euronext stock exchange in Amsterdam and with annual revenue of EUR 4.7 billion in 2011.
For more information:
Jan Slootweg, Director Investor Relations a.i., Nutreco
Telephone: +31 33 422 6132
Mobile: +31 6 2322 9680
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Source: Nutreco via Thomson Reuters ONE