Valio Oy 2020 AR2
The report details Valio's financial and operational performance for the fiscal year 2020, highlighting its resilience during the coronavirus pandemic with a 1.2 percent increase in net sales to EUR 1,808 million. The company updated its strategy to focus on value-added powders, plant-based products, and domestic milk operations. Valio made progress toward its goal of a carbon-neutral milk production chain by 2035, introducing the CARBO environmental calculator for dairy farms and setting Science Based Targets to halve greenhouse gas emissions from milk production by 2030. Additionally, all 4,300 dairy farms met animal well-being criteria, and the company initiated projects to study emission-reducing cultivation methods on peatlands.
Company: Valio Oy
Sector: Manufacturing
Country: Finland
Year: 2020
Type: AR2
Pages: 41
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Valio Oy
Board Of Directors’ Report And Financial Statements
The report details Valio's financial and operational performance for the fiscal year 2020, highlighting its resilience during the coronavirus pandemic with a 1.2 percent increase in net sales to EUR 1,808 million. The company updated its strategy to focus on value-added powders, plant-based products, and domestic milk operations. Valio made progress toward its goal of a carbon-neutral milk production chain by 2035, introducing the CARBO environmental calculator for dairy farms and setting Science Based Targets to halve greenhouse gas emissions from milk production by 2030. Additionally, all 4,300 dairy farms met animal well-being criteria, and the company initiated projects to study emission-reducing cultivation methods on peatlands.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Energy Consumption
Net Zero Target
Employees