Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced energy consumption by -0.2% per tonne of product sold.
• Reduced water consumption by -10% per tonne of product sold.
• Reduced waste by -3% per tonne of product sold.
• Achieved a 10% reduction in greenhouse gas emissions for hens in cage housing (9% for voliere production).

Social Achievements

• Launched several community development projects in Nigeria, Zambia, Guatemala, Vietnam, and Brazil, improving the livelihoods of small-scale farmers.
• Increased enrolment in the Nigeria catfish farming project from 50 farmers in 2015 to 258 farmers in 2018.
• Improved average annual family net income in Nigeria by 215%.

Governance Achievements

• Implemented a new whistleblower facility, 'Speak Up'.
• Introduced new policies on Third-Party Due Diligence, Anti-Bribery and Corruption, and Trade Sanctions & Export Controls.
• Developed a new Code of Conduct to be rolled out in 2019.

Climate Goals & Targets

Environmental Challenges

• Deforestation in the supply chain.
• Antimicrobial resistance (AMR).
• High cost of innovative ingredients.
• Addressing poverty in communities where Nutreco operates.

Mitigation Strategies

• Purchased book & claim certificates to offset 100% of palm oil ingredients (excluding palm kernel oil).
• Sourced 100% Proterra-certified soy in Norway and Australia.
• Engaged in multi-stakeholder initiatives to address deforestation (Cerrado Manifesto, New York Declaration on Forests, RTRS).
• Implemented community development projects to empower small farmers and improve their livelihoods.
• Developed a new business model to facilitate the uptake of high-cost novel ingredients.

Supply Chain Management

Supplier Audits: Approximately 225 high-risk suppliers audited on a three-year cycle.

Responsible Procurement

• Supplier Code of Conduct (SCoC).

Climate-Related Risks & Opportunities

Physical Risks

• Droughts (Brazil)

Transition Risks

• Regulatory changes related to deforestation and antibiotic use.

Opportunities

• Development of energy-efficient products and processes.

Reporting Standards

Frameworks Used: GRI

Certifications: Null

Third-party Assurance: Sustainalize (limited assurance)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Gestawean OxiLiv (sow feed)
• NutriOpt Split-feeding (layer feed)
• RecircReady feeds (RAS)
• Salmon feed with insect meal

Awards & Recognition

• Finalist in UK's edie Sustainability Leaders Awards (2017, 2018).

Environmental Metrics

ESG Focus Areas

• Antibiotic use reduction
• Community development
• Product assessments
• Energy and water consumption reduction
• Deforestation
• Fishery improvement projects
• Product safety
• Animal welfare
• Sustainable procurement
• Climate change
• Biodiversity

Environmental Achievements

• Reduced energy consumption by 1.1%
• Reduced greenhouse gas emissions by 1.1% per tonne of product
• Reduced water consumption by 1.1% per tonne of product
• Reduced waste by 1.1% per tonne of product
• Skretting Italy saved 56 tons of plastic packaging and reduced carbon emissions by 166 tons by reducing packaging thickness and using recycled plastic.
• Trouw Nutrition Canada eliminated shrink-wrap in palletizing, reducing plastic usage and costs.

Social Achievements

• Launched five community development projects in Nigeria, Zambia, Guatemala, Vietnam, and Brazil, empowering small farmers and improving livelihoods.
• Improved fish survival rate to 93% in Nigeria's Catfish Sustainability Project.
• Increased average profit per farmer in Nigeria's Catfish Sustainability Project.
• Improved income growth per household in Guatemala's PLUMAS project (68%).
• Reduced Lost Time Injuries (LTIs) by 29% compared to 2018.

Governance Achievements

• Introduced restated policies on Competition Law Compliance, Trade Sanctions & Export Controls, Fraud, and Third-Party Due Diligence.
• Rolled out a new Code of Conduct in 20 languages.
• Implemented the Nutreco Compliance Risk Management Framework.

Climate Goals & Targets

Environmental Challenges

• Legal deforestation
• Effectiveness of pre-competitive platforms
• Trade-offs in feed formulation to reduce environmental footprint
• Regulatory hurdles for sustainable feed production
• Aflatoxin contamination in Vietnam's dairy sector
• Poor quality of catfish seedlings in Nigeria
• Insufficient micro-financing for farmers in Nigeria
• Low selling price of catfish in Nigeria
• Diseases caused by poor water supply in Nigeria
• Slow-growing fingerlings and low survival rate in Zambia
• Low profitability in Zambia
• Lack of knowledge about egg production and water scarcity in Guatemala
• African Swine Fever impacting Vietnam's dairy sector

Mitigation Strategies

• Collaborating with NGOs to raise awareness among beef ranchers in Brazil.
• Working with industry partners through pre-competitive platforms like SeaBOS.
• Focusing on by-product utilization and optimizing feed formulation.
• Advocating for regulatory changes to support sustainable feed production.
• Working with silage producers in Vietnam to improve silage quality.
• Providing training and advisory services to farmers in Nigeria and Zambia.
• Facilitating the establishment of cooperatives in Nigeria.
• Donating a water well in Guatemala.
• Providing training on farming and animal health in Guatemala.
• Sponsoring school scholarships in Guatemala.

Supply Chain Management

Supplier Audits: 76% of audits included sustainability (Skretting & Trouw Nutrition combined)

Responsible Procurement

• Supplier Code of Conduct
• Risk analysis tool
• Collaboration with stakeholders to address challenges

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Third-party Assurance: Sustainalize (limited assurance)

UN Sustainable Development Goals

• SDG 2: Zero Hunger
• SDG 3: Good Health and Well-being
• SDG 8: Decent Work and Economic Growth
• SDG 12: Responsible Consumption and Production
• SDG 13: Climate Action
• SDG 14: Life Below Water
• SDG 15: Life On Land

Initiatives contribute to these goals through sustainable food production, improved livelihoods, reduced environmental impact, and responsible resource management.

Sustainable Products & Innovation

• Fysal® Solute feed additive
• Xpand shrimp feed
• Optiline tilapia feed

Environmental Metrics

ESG Focus Areas

• Antimicrobial Resistance (AMR)
• Greenhouse Gas (GHG) emission reductions
• Diversity & Inclusion
• Community Development
• Deforestation
• Sustainable Sourcing
• Animal Welfare
• Packaging
• Water
• Waste
• Stakeholder Engagement

Environmental Achievements

• Reduced energy consumption by 3.5% per tonne
• Reduced CO2 emissions by 27.2% per tonne
• Reduced water usage by 11.3% per tonne
• Reduced waste by 1.1% per tonne
• Adoption of purchased green energy in Nutreco Iberia operations
• 79% of Skretting's soy purchases from deforestation-free sources
• 75.7% of palm oil purchases RSPO certified

Social Achievements

• Launched "From Great to Growth" initiative to strengthen client-serving capabilities
• Launched Skretting's Commercial Excellence initiative
• Increased manager self-service adoption on global HR system from 10% to over 70%
• Launched Smart Workplace concept
• Appointed a female leader as CEO of animal nutrition business, bringing female representation in the Nutreco Executive Leadership Team to 33%
• 43% of senior leader appointments in 2020 were female
• Catfish Sustainability Project (CSP) in Nigeria supported 642 farmers, achieving a 34% increase in average profit
• PLUMAS project in Guatemala supported 50 rural families with egg-laying hens, building small businesses

Governance Achievements

• Introduced new Nutreco Code of Conduct for Business Partners
• Launched conflicts of interest campaign
• Performed compliance culture assessment in 13 OpCos
• Rolled-out Nutreco Compliance Risk Management Framework
• Established Nutreco Quality Committee
• Revised and updated Nutrace standard
• Introduced Trouw Nutrition Compliancy Wheel

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impact on operations and communities
• Deforestation in soy and palm oil supply chains
• Antimicrobial resistance (AMR)
• Water scarcity in some operating regions
• Data limitations in tracking sustainability performance across the value chain

Mitigation Strategies

• Implemented best-in-class protective measures for employees
• Developed soy and oil palm ingredients sourcing policy aiming for deforestation-free sourcing by 2025
• Developed RoadMap 2025 strategy to address AMR, including reducing antibiotic dependency
• Mapping exercise to identify water scarcity areas
• Increased data collection and analysis capabilities, including life cycle assessments (LCAs)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Soy and oil palm ingredients sourcing policy
• Code of Conduct for Business Partners
• Life cycle assessments (LCAs) to assess environmental impact of ingredients

Climate-Related Risks & Opportunities

Physical Risks

• Droughts, tropical storms

Transition Risks

• Regulatory changes related to GHG emissions and sustainable sourcing

Opportunities

• Development of energy-efficient products and processes
• Development of carbon neutral feed concepts

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: Null

Third-party Assurance: Sustainalize (data quality review)

UN Sustainable Development Goals

• Not disclosed

RoadMap 2025 strategy aligns with nine UN Sustainable Development Goals

Sustainable Products & Innovation

• Selko Revalet®, Feed4Future (carbon neutral feed concept)

Awards & Recognition

• Shortlisted finalist in EDIE Sustainability Leaders Awards for Sustainability Reporting & Communications and Product Innovation

Environmental Metrics

ESG Focus Areas

• Health & Welfare
• Climate & Circularity
• Good Citizenship

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: core option

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Health & welfare
• Climate & circularity
• Good citizenship

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI