2. about this rePort This is Palsgaard’s first CSR Report. The objective of the report is to provide a balanced picture of important Csr-related targets, topics, activities and results in the companies covered by the report. the individual topic in relation to development of the Palsgaard Csr strategy (cf. section 5). We have assessed that significant stakeholders in relation to this report are our key account customers, employees, trendsetting retailers, the local community, the media, important competitors and ngos. The report and its data have been verified by an independent third party, whose statement is in section 14. We account for the reporting practise in section 15. scope The report covers the following legal entities: The Schou Foundation, Palsgaard gods a/s (Palsgaard estate) with associated forestry and agricultural areas, Palsgaard a/s and its subsidiaries, nexus a/s and the 50% owned company emulsion holland (see graphics in section 3). in the report the above mentioned entities together are named ‘Palsgaard’. associated companies in which Palsgaard has no decision making powers are not covered by the report. the scope of registered data is described in detail in section 15. the report covers the year 2010. RepoRTing sTRucTuRe the report follows our value chain (sections 5-12) and takes our corporate culture as its point of departure. the value chain covers the lifetime of a product from idea creation until the product as an ingredient in a food product reaches the consumer’s dinner table. We subsequently describe our contribution to the world around us. this is a logical structure for our processes and products. Readers interested in specific subjects may benefit from the references in the GRI table p.38-39. if you have any questions about this report, please contact Ceo birger brix or sales- & Marketing director Jakob thøisen. RepoRTing pRinciples the report has been prepared on the basis of reporting principles laid down in the sustainability reporting guidelines from the global reporting initiative (gri) and its associated sector supplement for the food processing industry. there is an overview of the relevant gri indicators with references in section 16. the topics we report on have been selected based on an assessment of the stakeholders and significance of figure 1 structure of the report our foundation Customer-driven innovation · nexus – Palsgaard’s development company · global application centres · Certified product development safety · Partnership with universities and research centres · Future energy reductions in oil refining raw materials and suppliers · supplier management · Partnership for sustainable production of palm oil our employees Production and the environment · Processes · energy and climate · raw materials utilisation · Packaging · Product waste · Wastewater discharge · ground spillage · environmental conditions at our facilities abroad · Forestry sales and logistics · Marketing · dialogue with customers and other partners · stock management · transportation Product applications · Food safety · improving food products’ health profile · e-numbers · technical applications · reducing food waste · our reputation · our heart is in our work · governance structure and distribution of responsibilities · Policies · our sustainability agenda · Membership of organisations · employee welfare and retention · local and global anchorage · employee satisfaction · Workplace assessment (aPV), working environment and safety at work · Pensions saving and profit-sharing scheme Contribution to local community · Commitment to local society · humanitarian support 3
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