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Sustainability policy
The development of the policy began with the creation of an Innovation and Sustainability Committee as a Committee of the Supervisory Board who meets with the Nutreco CEO and the Nutreco Director Research & Development and Quality Affairs. Forming the Innovation and Sustainability Committee demonstrates two important points about Nutreco. First, sustainability is viewed as an essential characteristic for Nutreco and progress towards it is endorsed from the very top. Second, innovation is seen as essential in achieving progress towards sustainability through the products and technical advice Nutreco offers its farming customers.
Following a review of the sustainability approach of Nutreco by the Innovation and Sustainability Committee, a process for developing a sustainability policy was presented to the Nutreco Executive Board. The process included forming an internal Sustainability Group to guide the development of the sustainability policy. The three Executive Vice-Presidents nominated 16 people from six countries to represent all business sectors of Nutreco and key corporate functions. The group provided the basis for the sustainability policy that was approved by the Executive Board in November 2009.
The Nutreco sustainability policy sets out commitments for Nutreco. Progress towards fulfilling these commitments will enable Nutreco to increase its level of sustainability.
Nutreco will attain a high standard of sustainability by fulfilling the following commitments:
| 1. |
Nutreco invests in understanding the impact on the
environment, including climate effects, associated with its activities and
products. It strives to mitigate negative impact, either by reduction or an
equivalent positive action. The key drivers are:
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- Improvement of feed efficiency; i.e. the conversion of feed into animal products, in order to optimise the use of resources and to reduce the loss of nutrients
- Changes in diet patterns and composition of feed formulations for farm animals and fish to reduce the emissions attributed to livestock production systems taking into account economic viability
- Further development of the use of co-products from the food, beverages and biofuel industries, biomass and non-organic raw materials to alleviate the pressure on natural resources
- Reduction of CO2 emissions in its own operations
- Work with value chain partners to establish sustainability criteria and to implement control and management systems for sourcing of feed raw materials within Nutreco and encourage their application throughout the value chain. These criteria cover both agricultural resources, including land use change such as deforestation, and marine resources.
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| 2. |
Nutreco shall deliver high-quality and sustainable feed solutions that support the best performance of farmed animals and fish and puts assurance of feed-to-food safety ahead of risk-carrying opportunities to win quick profits.
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| 3. |
Nutreco shall provide safe working environments, fair and equal employment in all its operations, regardless of gender, race, colour, creed or sexual orientation. All employees have access to training and opportunities for advancement in line with their talents and ambition. Nutreco shall be a positive presence in communities where it is located and in wider society by acting as an enabler in social and economic development. |
Attention to these topics is essential for Nutreco to be a sustainable business economically, environmentally and socially and to fulfil its ambition of being a major contributor in Feeding the Future. It is intended that the Sustainability Policy will contribute to the pride that employees can take in the work they do and the company they work for and that it will contribute to the pride of communities in having Nutreco among them and of investors in the company in which they choose to invest. Nutreco will implement this Sustainability Policy in its management and reporting systems.
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