Board of Directors’ Report and Financial Statements

The report describes Valio's improved 2021 performance, with Group net sales of EUR 1 918 million, up 6.1% from 2020. It highlights approved science-based greenhouse-gas goals, including halving selected emissions by 2030, and a climate programme targeting carbon-neutral milk production by 2035. The report also discloses total energy consumption of 794 GWh and describes sustainability criteria covering all 4,000 supplying dairy farms.