Nutreco published its online 2019 Sustainability Report, highlighting the work being done across the company at both a global and local level to drive the company’s mission of Feeding the Future.
With its Vision 2020 sustainability strategy formally ending in January 2020, the company said that 2019 was a pivotal year. Its Sustainability Report outlines the company’s progress on completing its 2020 objectives and describes the process of developing its strategy for the coming years. “We engaged a broad group of stakeholders inside and outside the company to help identify the key issues of concern to society within our value chain,” said José Villalón, Nutreco’s corporate sustainability director. “Our RoadMap 2025 outlines how we will address the issues we expect to face over the next five years in a more target- and results-oriented way than ever before.”
The company’s ambitions for 2025 include a commitment to source sustainable ingredients, make manufacturing more efficient and develop products that address environmental concerns and its responsibilities to associates and communities, everywhere Nutreco operates.
The report presents Skretting’s shrimp diet Xpand and Optiline tilapia diet as case studies of how the company is helping farmers produce more with less as part of the Feeding the Future initiative. The report also features a section sharing how Nutreco addresses dilemmas around issues such as the trade-offs required when formulating environmentally friendly feed, the effectiveness of pre-competitive platforms and the complicated issue of legal deforestation and the importance of cooperating across the industry to make progress. It includes an open letter to the government calling for change, asking legislators to modernize regulatory frameworks across the globe in order to take sustainable feed production into account.
Nutreco has drafted its report according to the Global Reporting Initiative (GRI) standards and includes a description of how the company is addressing the eight United Nations Sustainable Development Goals that management believes the company is best positioned to impact.
The report also includes a conversation between Nutreco’s CEO Rob Koremans and José Villalón about Nutreco’s 2019 Sustainability Report.
Read the full report here.