Cloetta AB 2016 IR
The report highlights Cloetta's financial and sustainability performance for the fiscal year 2016. The company achieved a 3.1 percent increase in sales, with organic growth of 0.5 percent, and met its long-term net debt/EBITDA target of 2.5x. In sustainability, Cloetta updated its palm oil policy to transition to 100 percent RSPO-segregated palm oil by the end of 2017 and decided to eliminate palm oil from its glazing agents. Additionally, the company set clear targets to eliminate artificial colors and flavors from its product portfolio by 2019 and 2018, respectively. Although occupational safety targets were not met, Cloetta implemented a new safety standard across all factories to address workplace accidents.
Company: Cloetta AB
Sector: Consumer Staples
Country: Sweden
Year: 2016
Type: IR
Pages: 162
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Cloetta AB
Annual And Sustainability Report
The report highlights Cloetta's financial and sustainability performance for the fiscal year 2016. The company achieved a 3.1 percent increase in sales, with organic growth of 0.5 percent, and met its long-term net debt/EBITDA target of 2.5x. In sustainability, Cloetta updated its palm oil policy to transition to 100 percent RSPO-segregated palm oil by the end of 2017 and decided to eliminate palm oil from its glazing agents. Additionally, the company set clear targets to eliminate artificial colors and flavors from its product portfolio by 2019 and 2018, respectively. Although occupational safety targets were not met, Cloetta implemented a new safety standard across all factories to address workplace accidents.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Employees