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Sustainability oversight
Governance of sustainability is anchored with the Board of Directors and the Executive Management Team. Ownership and responsibility to drive actions across the various categories are anchored in the business to ensure alignment with priorities and a long-term focus on sustainability. In 2023, we will assign a sponsor from the Executive Management Team to each category, identified as our sustainability priorities from our double materiality assessment.
Across categories, a central SteerCo representing key corporate functions ensures direction, coordination, and subject matter expertise.
Underlining the commitment to the integrated sustainability strategy, the Board of Directors has committed to linking executive remuneration to key ESG targets from 2024.
As external expectations on sustainability issues continuously develop, and as our efforts progress, we recognise that our priorities will evolve, and our target-setting and reporting will mature.
Responsible Action Plans
Execution
The Board of Directors
Endorses sustainability as an integrated part of strategy review.
Executive Management
Defines an integrated strategy and overseas implementation.
Investment Committee
Group Sustainability
Facilitates and coordinates while keeping oversight, guiding and enabling category owners.
Group Strategy Group Finance
People / Social Planet / Environmental Principles of Governance
Category Owner Energy Procurement
Climate change Sustainability
Environment and ecosystems HSQE
Category Owner
Human capital development HR
Diversity, equity and inclusion HR
Employee relations and conditions HR
Work safety HSQE
Human rights Sustainability
Product safety and quality HSQE
Category Owner
Business ethics Legal
Sustainable procurement Procurement
Data ethics and security IT
Operations
Business units and operational levels are responsible for execution and to provide bottom up information for management, monitoring and reporting
Our ambition is to take climate action and reach net zero emissions by creating circular loops, to ensure low-carbon rigid food packaging, and prolong shelf-life through high quality materials lowering emissions by minimising food waste. We want our operations to be powered by 100% renewable energy obtained through Power Purchase Agreements and on-site solar panels to provide additional renewable energy to the electricity grid.
