Social responsibility – a strategic priority Sustainable product development is an essential part of Palsgaard's innovation and new product development lifecycle – as it has been since we invented the first commercial emulsifier a century ago. It begins with the inclusion of sustainable principles and targets in our strategic business plan and ends with delivery at our customers' gates. "We are ambitious and dedicated members of RSPO – and we are currently increasing the use of certified palm oil in our palm oil-based products to 100 percent. Equally, we are well underway to achieving our ambitious target of becoming CO2-neutral by 2020." Safety and sustainability advantages Palsgaard applies significant R&D resources and a naturally inventive approach to meet safety and sustainability challenges, helping manufacturers to address growing consumer concerns through, for example: • ISO 9001 and ISO/FSSC 22000 (HACCP) certification • Broad sustainability commitments including the UN Global Compact, SEDEX, and GRI G4 reporting • RSPO (Roundtable on Sustainable Palm Oil) mass balance and segregated certification Responsible supplier management Supplier management is an integral component of our raw materials sourcing and quality assurance systems. This ensures that our suppliers’ code of conduct and the raw materials we use meet our standards for sustainability, quality and reliability of supply. It also ensures that we, in partnership with our suppliers, are able to continuously implement improvements. Licence no.: RSPO-1106336 5
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