2 REPORT STRUCTURE The report follows our value chain (sections 5-12) and is based on the cultural foundation of the business. The value chain includes the lifespan of the product from original idea to the point where the finished product lands on consumers’ tables as a food ingredient. This is followed by a description of our contribution to the surrounding society. This format represents a logical structure for our processes and products. Readers who are interested in particular subjects can consult the references in the GRI table in section 16. • • • • • 5. OUR FOUNDATION 9 PRODUCTION AND ENVIRONMENT • • • • • • • • The purpose of the Schou Foundation Our reputation Management structure and responsibility distribution Heart working people Policies Corruption and cartels Sustainability agenda Organisational memberships • • • • • • • Processes Energy and climate Utilisation of raw materials and derivative products Packaging Environmental conditions, water and wastewater Environmental conditions in our facilities internationally Forestry and agriculture 6. CUSTOMER-DRIVEN INNOVATION 10. SALES AND LOGISTICS Nexus, Palsgaard's development company Global application facilities Certified safety in product development Collaboration with universities and knowledge centres Future energy reductions in the refinement of oils • • • • Marketing Dialogue with customers and partners IT Transport 7. RAW MATERIALS AND SUPPLIERS • • • • • • • 11. PRODUCT APPLICATIONS • Supplier management • Supplier evaluation • Partnership on sustainable production of palm oil 8 OUR EMPLOYEES Food safety Improvement of the nutritional profile of foods Ingredients for reduced-fat foods Trans free emulsifiers E-numbers Reduction of food waste Technical applications • • • • • • • • Well-being and employee retention Local and global anchorage MTU Employee satisfaction MUS Palsgaard’s OSH organisation Pension scheme with profit sharing Palsgaard Mexico – Innovation ensures improved quality of life for children and adults with Down’s syndrome. 12. CONTRIBUTION TO SOCIETY • Commitment to local community • Support for people in need • Responsible tax 4
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