Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable management of natural resources
• Feed-to-food quality
• Climate change
• Nutreco people & investing in the community

Environmental Achievements

• Reduced dioxins in feeds by 80% between 2000 and 2005 in Skretting Norway.
• Reduced fishmeal and fish oil in Skretting feeds by 15% or more from 2004 levels.
• Grupo Sada committed to ISO 14001 certification for all ten processing plants.
• Hendrix implemented an energy savings project resulting in a 30% reduction in CO2 emissions in some plants.

Social Achievements

• Introduced worldwide HR standards and performance management systems.
• Reduced lost time incidents (LTIs) from 264 in 2005 to 206 in 2006.
• Reduced company-wide absenteeism from 3.93% in 2005 to 4.33% in 2006.
• Launched Jumbo Aware pig meat concept with high food safety and animal welfare standards.
• Skretting Scholars programme in Asia-Pacific.

Governance Achievements

• Implemented a new framework for risk management including a Risk Management Advisory Board and a new Nutreco Risk Management Model.
• Implemented a whistleblowing procedure as part of its Code of Ethical Conduct.

Climate Goals & Targets

Environmental Challenges

• Volatile raw material prices (grain, maize, soya, fishmeal, fish oil).
• Growing demand for sustainably sourced raw materials.
• Limited availability of fish oil and fishmeal.
• Increasing competition for raw materials.
• High energy prices.
• Climate change.
• Growth in biofuels increasing demand for agricultural commodities.

Mitigation Strategies

• Active research into the use of alternative raw materials (vegetable origin).
• Participation in Round Table on Responsible Soy (RTRS).
• Participation in international conferences aimed at improving the sustainability of key raw materials.
• Development of efficient ruminant diets to reduce methane emissions.
• R&D programmes to convert by-products from biofuel production into nutritious animal feeds.
• Energy efficiency programmes at operating companies.
• More environmentally friendly car leasing policy.
• Improved transport and logistics efficiency.

Supply Chain Management

Responsible Procurement

• Only purchasing from managed and sustainable fisheries.
• RTRS covenant to not source soya from newly cultivated land or suppliers connected to forced labor.

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products
• Conversion of biofuel by-products into animal feeds

Reporting Standards

Frameworks Used: GRI

Third-party Assurance: KPMG Sustainability B.V.

UN Sustainable Development Goals

• Goal 1
• Goal 2
• Goal 7

See page 61

Sustainable Products & Innovation

• Greenline® products
• Sustain fish feed

Awards & Recognition

• Sijthoff Award for best financial reporting
• CSR Transparency Benchmark (4th place)
• Best CSR policy in mid cap (Van Lanschot)
• Number three in following Tabaksblat Code (VEB)