ForFarmers NV 2021 AR2
The report highlights ForFarmers' performance in 2021, a turbulent year marked by rising raw material and energy prices, animal diseases, and ongoing Covid-19 challenges. Despite these pressures, the company advanced its 'Going Circular' sustainability agenda, achieving a 16% reduction in Scope 3 emissions including land use change and installing nearly 3,000 solar panels at its Lochem mill. ForFarmers also expanded its market presence through the strategic acquisitions of De Hoop Mengvoeders and Mühlendorfer Pferdefutter. However, underlying EBITDA decreased by 18.7% to €78.2 million due to the inability to fully pass on soaring input costs.
Company: ForFarmers NV
Sector: Consumer Staples
Country: Netherlands
Year: 2021
Type: AR2
Pages: 304
ForFarmers NV
Annual Report
The report highlights ForFarmers' performance in 2021, a turbulent year marked by rising raw material and energy prices, animal diseases, and ongoing Covid-19 challenges. Despite these pressures, the company advanced its 'Going Circular' sustainability agenda, achieving a 16% reduction in Scope 3 emissions including land use change and installing nearly 3,000 solar panels at its Lochem mill. ForFarmers also expanded its market presence through the strategic acquisitions of De Hoop Mengvoeders and Mühlendorfer Pferdefutter. However, underlying EBITDA decreased by 18.7% to €78.2 million due to the inability to fully pass on soaring input costs.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
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:
Scope 3:
Renewable Energy
Women in Management
Employees