Sustainability

As an owner of consumer goods companies, Orkla is committed to making sustainability an integral part of how we invest and how Orkla's portfolio companies do business.

Orkla's sustainability ambition

We create positive change by enabling a responsible transition towards net zero and sustainable production and consumption.

Sustainability targets for 2030

Protecting the environment

We strive to minimise and prevent adverse effects on the environment, and take actions to ensure that nature is protected, preserved, and restored.

Reduce GHG emissions throughout the value chain aligned with the 1.5°C pathway and work towards Net-Zero by 2045

Reduce GHG emissions in accordance with the Science-Based Targets (SBT)

Establish and implement a concrete and credible Net-Zero Transition Plan

Avoid or reduce pressure on nature and support the transition to sustainable production in the whole value chain

Deforestation- and conversion-free production of raw materials sourced from risk areas by end of 2025

Ensure certifications or programs in place by end of 2025 for raw materials with high environmental risk

Promote innovation and development of products that minimize environmental impact throughout the whole value chain

All companies shall aim for all packaging to be recyclable and significantly increase the use of recycled and renewable materials in products and packaging

Contribute to increased biodiversity through collaboration and innovation

Develop targets and plans based on a naturerelated risk and opportunity assessment

Encourage engagement with suppliers, scientists, industry experts and other relevant partners to enhance biodiversity in agriculture, forestry and aquaculture

Challenge and inspire our companies to explore innovation opportunities linked to new production systems and products, including regenerative agriculture and plant-based products

Engage in nature restoration and regeneration

Empowering people

We empower the people linked to our business to drive positive change. We build a culture of diversity and inclusion and actively engage in the social challenges linked to our value chains.

Empower people in our organizations and supply chains

Challenge and inspire our companies to build a culture of inclusion, trust and organizational learning

All companies shall implement positive impact plans for handling important human right issues in own organization and supply chains

Ensure that certifications or programs are in place by end 2025 for raw materials with risk of serious human rights violations

Be a driving force for diversity and gender equality

Aim for a balance in gender representation in management teams at all levels by 2026

All companies are required to work systematically towards a non-discriminatory equal pay practice

Actively address diversity and gender balance in investments and sourcing decisions

Positive health impacts

Challenge and inspire our companies to explore opportunities for growth from products and services contributing positively to consumers’ health

By end of 2024, all food companies shall prepare positive nutrition impact plans with a horizon towards 2030

Governance and ethics in business

We build a culture of integrity in everything we do, in every part of our organisation. We only acknowledge success achieved through high integrity standards.

Demonstrated commitment to integrity

All companies shall implement a systematic approach to assess integrity and compliance risk broadly in all ESG topics

All company BoDs and management teams shall proactively drive a culture of integrity, with business ethics, food and product safety, EHS and responsible sourcing as important dimensions

All companies shall document a robust compliance program

A responsible investment policy is at the foundation of our M&A processes

Conduct effectful and efficient sustainability due diligence

All companies shall have robust procedures for sustainability due diligence which cover own organization, the supply chains and business partners

"At Orkla, we believe that managing material sustainability impacts, risks and opportunities drives sustainability performance and supports long-term value creation. Orkla's sustainability work is rooted in internationally recognised norms, agreements, and science and is driven by a purpose to create positive impact for people and the planet."