Sustainable Business Strategy

The Podravka Group’s Sustainable Business Strategy until 2030 defines the main areas of action and goals

Sustainability at the Heart of Podravka's Business

Podravka’s Sustainable Business Strategy is an integral part of the business strategy. It encompasses the entire value creation chain: from farmers, suppliers, and employees, through the production of food and pharmaceutical products, to customers and consumers.rnrnIn order to integrate sustainability into all aspects of its operations, the Podravka Group has defined clear objectives aimed at making a positive impact on climate change, environmental protection, socially responsible business conduct, and good corporate governance.

Business activities are focused on four strategic areas of action:rnu003colu003ern tu003cliu003eu003cemu003eClean Environmentu003c/emu003eu003c/liu003ern tu003cliu003eu003cemu003eHealthy Nutritionu003c/emu003eu003c/liu003ern tu003cliu003eu003cemu003eCare for Employees and the Communityu003c/emu003eu003c/liu003ern tu003cliu003eu003cemu003eGood Corporate Governanceu003c/emu003eu003c/liu003ernu003c/olu003ernFor these strategic areas of action, 10 main objectives have been defined, further elaborated through 45 specific goals.

Sustainable Business Strategy

u003cstrongu003e100% of electricity fromu003c/strongu003e u003cstrongu003erenewable sourcesu003c/strongu003e in production in the European Union
u003cstrongu003e50% of thermal energyu003c/strongu003e from renewable sources in production in the European Union
u003cstrongu003e60% less CO₂ emissionsu003c/strongu003e at the level of Podravka d.d.
u003cstrongu003e40% less CO₂ emissionsu003c/strongu003e at the level of the Podravka Group
u003cstrongu003e100% recyclable packagingu003c/strongu003e, returnable or compostable for all food products
u003cstrongu003e5% less food wasteu003c/strongu003e per tonne of products manufactured
u003cstrongu003e20% less salt and sugaru003c/strongu003e in 75% of new and innovated products
improvement of corporate culture and climate in all organizational units
continuous improvement of employees’ material rights
accession to the UN Global Compact

Strategic Areas of Action

1.

Environment

Focus on reducing own CO₂ emissions, increasing the share of renewable energy sources (RES) in total energy consumption, using recyclable packaging, reducing waste from own activities, and reducing the use of mineral fertilizers and pesticides in agricultural production.

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2.

Sustainable Nutrition

Increasing the number of products with reduced salt, added sugar and saturated fat per serving, as well as products containing positive ingredients and/or promoting healthy nutrition.

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3.

Society

Continuing active work on equal gender representation and reducing the gender pay gap, improving employees’ material rights and working conditions, developing skills, new knowledge and competencies, and supporting various cultural, sports and humanitarian organizations and associations in the communities where the Podravka Group operates.

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