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Food & Beverage Asia June/July 2020

Food & Beverage Asia (FBA) is the leading source of food and beverage news in Asia since 2002. FBA delivers a comprehensive view of the food and beverage landscape, spanning across the latest health and nutrition trends and industry innovations in ingredients, recipe formulations, food science, sustainability, packaging, and automation, as well as advancements in agri and food-tech.

Food & Beverage Asia (FBA) is the leading source of food and beverage news in Asia since 2002. FBA delivers a comprehensive view of the food and beverage landscape, spanning across the latest health and nutrition trends and industry innovations in ingredients, recipe formulations, food science, sustainability, packaging, and automation, as well as advancements in agri and food-tech.

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8<br />

NEWS<br />

AAK reports sustainability progress<br />

AAK has released its Sustainability Report<br />

for 2019. The report outlined ambitions,<br />

activities and achievements within the<br />

five focus areas of the company’s model<br />

for sustainable growth – Our Customers,<br />

Our Suppliers, Our Plant, Our People, and<br />

Our Neighbours.<br />

Johan Westman, President and CEO of<br />

AAK, said, “We continue to see strong<br />

progress within our sustainability activities<br />

and in our contributions towards the<br />

UN Sustainable Development Goals.<br />

Significant improvements have been made<br />

within our raw material supply chains and<br />

with regards to resource efficiency in our<br />

operations.<br />

Additionally, we have continued to create<br />

solutions that are good for both people and<br />

our environment, for example, AkoPlanet,<br />

our portfolio with solutions for plant-based<br />

foods.”<br />

An AAK achievement during 2019 has<br />

been the increase of women involved<br />

in the company’s direct shea sourcing at all production sites, and during <strong>2020</strong> we<br />

programme in West Africa. The programme will do the same for our raw materials<br />

now involves more than 230,000 women, a in order to identify the overall climate<br />

72% increase compared to 2018. AAK has roadmap for the future. This and all other<br />

also increased the impact of smallholder achievements that we share in our report<br />

livelihoods in its palm supply chains by are results of a tremendous amount of<br />

strengthening collaborations with partners dedication from AAK colleagues and<br />

in Malaysia and Mexico.<br />

collaboration partners around the globe.” ■<br />

Furthermore, AAK<br />

has reduced its<br />

environmental impact<br />

by decreasing the<br />

company’s energy and<br />

water consumption, and<br />

greenhouse gas (GHG)<br />

emissions per processed<br />

unit raw material.<br />

Anne Mette Olesen,<br />

Chief Strategy and<br />

Sustainability Officer,<br />

AAK, added, “Another<br />

key achievement has<br />

been to initiated climate<br />

change risk assessments AAK Sustainability Report 2019<br />

Givaudan announces divestiture of processed and grated cheese business<br />

Givaudan has entered into an agreement<br />

to divest its processed and grated cheese<br />

business to St. Paul Group, a cheese<br />

specialist with premises in Belgium and<br />

the Netherlands.<br />

Dieter Kuikl, CEO of St. Paul Group,<br />

commented, “We are delighted with this<br />

transaction as it represents an attractive<br />

opportunity to further build St. Paul’s<br />

customer base in ready meals, snacks and<br />

processed food. In addition, St. Paul will<br />

now also be able to offer a wider range of<br />

products and applications.”<br />

The processed and grated cheese business<br />

acquired from Vika BV contributed 13.5<br />

million Swiss francs (US$13.9 million) to<br />

Givaudan’s flavour division sales in 2018.<br />

Givaudan will retain the majority of the<br />

Vika BV business acquired in 2017, and<br />

continue to offer cheese powder solutions,<br />

vegetable and meat fonds and stocks<br />

as part of its natural dairy and savoury<br />

product portfolio.<br />

Louie D’Amico, President, Flavour Division,<br />

Givaudan, concluded, “With the sale of our<br />

processed and grated cheese business, we<br />

aim to strengthen the focus on our core<br />

business and continue to drive long-term<br />

shareholder value. We truly appreciate<br />

the contributions of our processed and<br />

grated cheese business employees, and<br />

look forward to working with the St. Paul<br />

team to ensure a successful handover.” ■<br />

FOOD & BEVERAGE ASIA JUNE / JULY <strong>2020</strong>

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