AAK AB 2024 AR2
The report highlights AAK's strong financial and operational performance in 2024, during which the company exceeded its financial target of 10 percent average operating profit growth and achieved its long-term goal of doubling operating profit per kilo ahead of schedule. AAK updated its 2030 Aspiration, targeting a profitability of SEK 3+ per kilo and volume growth outpacing the market. On sustainability, the company made validated progress on its climate, biodiversity, and people priorities, including having its Scope 1, 2, and 3 targets approved by the Science Based Targets initiative (SBTi), including FLAG targets. Additionally, AAK advanced its palm traceability to 97 percent, with 91 percent confirmed deforestation-free, and expanded its Kolo Nafaso shea program to support over 249,000 women.
Company: AAK AB
Sector: Consumer Staples
Country: Sweden
Year: 2024
Type: AR2
Pages: 121
AAK AB
Annual Report
The report highlights AAK's strong financial and operational performance in 2024, during which the company exceeded its financial target of 10 percent average operating profit growth and achieved its long-term goal of doubling operating profit per kilo ahead of schedule. AAK updated its 2030 Aspiration, targeting a profitability of SEK 3+ per kilo and volume growth outpacing the market. On sustainability, the company made validated progress on its climate, biodiversity, and people priorities, including having its Scope 1, 2, and 3 targets approved by the Science Based Targets initiative (SBTi), including FLAG targets. Additionally, AAK advanced its palm traceability to 97 percent, with 91 percent confirmed deforestation-free, and expanded its Kolo Nafaso shea program to support over 249,000 women.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees