April 26, 2021

 

Nutreco publishes 2020 Sustainability Report

 

 

 

Nutreco has published its online Sustainability Report 2020 on April 21.

 

The company shared that last year, Nutreco employees worked with partners to drive the company's purpose of "Feeding the Future", while helping safeguard the food supply chain so that people could access nutritious protein.

 

"COVID-19 had an enormous impact on life across the globe in 2020. Our hearts go out to all who lost loved ones and suffered hardship - and we are grateful for the work done by our employees and partners to help keep the feed-to-food chain running," said Rob Koremans, chief executive officer of Nutreco.

 

"The lessons we learned during this extraordinary year only reinforced our dedication to operating in balance with the planet and ensuring sustainability is central to everything we do. Our report outlines the significant progress we made on this in 2020, in the midst of the pandemic, and looks forward to a new strategic horizon we've set for the next five years."

 

Nutreco's 2020 report officially wraps up its sustainability Vision 2020 and introduces the strategy for the next five years, RoadMap 2025, that is focused on three main pillars: health and welfare, climate and circularity and good citizenship.

 

"While we were able to meet 85% of our Vision 2020 ambitions, we engaged a much broader group of internal and external stakeholders in developing RoadMap 2025, to ensure our ambitions are both achievable and targeted to the needs of both our business and our customers," said José Villalón, Nutreco's corporate sustainability director.

 

Other highlights from the report include:

 

- For the third straight year, Nutreco continued its candid discussion on long-term, fundamental issues faced by its sector, aiming to generate much-needed debate and engage people across the value chain in finding solutions. Topics covered last year include the complex challenge of eliminating deforestation and tough business decisions needed to live up to the company's commitment to reduce the risk of anti-microbial resistance (AMR).

 

- In 2020, Nutreco committed to a Science Based Targets initiative. While the targets weren't published until 2021, the company is able to report a 12% drop in Scope 1 and 2 absolute CO2 emissions in 2020. When measured per production tonne sold, emissions reduction was even more significant, at -27%. Nutreco also reduced water usage substantially during the year.

 

- Nutreco is committed to diversity in the workplace. Last year, the company made significant progress on its longer-term diversity and inclusion (D&I) targets, including raising the proportion of females in the Nutreco Executive Leadership Team to 33%. A total of 43% of appointments in the core group of senior leaders made in 2020 were female, and more than half of emerging talents are female. Of the company's 21 senior leadership teams, 86% consist of more than one nationality.

 

The report also highlights Nutreco's Soy & Palm oil sourcing policy and Code of Conduct for Business Partners, both implemented in 2020 through cooperative efforts by Procurement and Quality Assurance teams in both divisions. These two important documents will ensure the company's divisions use sustainable ingredients in all products and ultimately decouple deforestation from its value chain by 2025.

 

- Nutreco