Sudzucker AG 2020 AR2
The report highlights Südzucker AG's performance and sustainability initiatives for the 2019/20 fiscal year. Despite severe operating losses in the sugar segment due to low market prices, the company's diversification strategy proved stabilizing, with strong results in the special products and CropEnergies segments. Key achievements include the successful execution of a restructuring plan in the sugar segment, reducing production capacity by 700,000 tonnes, and a record year for CropEnergies driven by high ethanol prices. On the environmental front, the company committed to achieving climate neutrality by 2050 and continued to promote biodiversity through the planting of over 1,300 flower strips. Additionally, Südzucker advanced its digital agriculture initiatives, such as the 'Project Farmerspace' and satellite-based yield forecasting.
Company: Sudzucker AG
Sector: Manufacturing
Country: Germany
Year: 2020
Type: AR2
Pages: 228
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Sudzucker AG
Annual Report
The report highlights Südzucker AG's performance and sustainability initiatives for the 2019/20 fiscal year. Despite severe operating losses in the sugar segment due to low market prices, the company's diversification strategy proved stabilizing, with strong results in the special products and CropEnergies segments. Key achievements include the successful execution of a restructuring plan in the sugar segment, reducing production capacity by 700,000 tonnes, and a record year for CropEnergies driven by high ethanol prices. On the environmental front, the company committed to achieving climate neutrality by 2050 and continued to promote biodiversity through the planting of over 1,300 flower strips. Additionally, Südzucker advanced its digital agriculture initiatives, such as the 'Project Farmerspace' and satellite-based yield forecasting.
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Document Details
Report Year
2020
Reporting Period
Mar 1, 2019 - Feb 29, 2020
Fiscal Year
2020
Published
May 14, 2020
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
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees