• Corporate Social Responsibility

    CSR has been part of Palsgaard's principles and values since before the term was invented. Find out why and discover how we work strategically with CSR within the areas of Corporate Governance, Energy & Environment, Products and Employees.

Palsgaard's Corporate Social Responsibility

As far back as 1908, and long before "Corporate Social Responsibility" (CSR) was conceptualised, Palsgaard's founder Einar Viggo Schou established a strong tradition in responsibility. For him, this meant looking after employees and their families, the local communities in which Palsgaard operates, and society in general. More than a century on, CSR is still a strategic part of our business.

Palsgaard’s activities extend to over 100 countries, but we always bring with us a commitment to sustainability. We conduct ourselves in a financially responsible manner to maintain a profitable business through innovation, process optimisation and risk minimisation. This ensures that we remain a reliable supplier for our customers and an attractive, safe and caring workplace for our employees.

2017 highlights

    • Conducted biennial employee satisfaction survey with responses indicating an increase in employee satisfaction and motivation by three points
    • All employees were given an extra five days of paid holiday per year
    • Launched Emulsifiers for Good blog which aims to inspire and share knowledge and ideas for realizing the full potential of sustainable emulsifiers. Industry experts are invited to contribute as long as no brands or companies are mentioned
    • New global Quality, Environment, Health and Safety (QEHS) team introduced to implement improvements on and in between sites. The team will enable consistent reporting of environmental activities across the subsidiaries
    • Implemented a requirement that all suppliers within scope of the Responsible Sourcing Programme must sign Supplier Code of Conduct
    • Acquired a majority share of a leading Brazil-based food ingredients company towards the end of 2016. The new entity now operates as Palsgaard Candon and was included in the reporting scope for the 2017 CSR report for the first time
    • Achieved a ten percent reduction in water consumption per kilogram of finished product, recovering losses from 2016
    • Reduced total waste water emissions by 7.8 percent per kilogram of finished product
    • Reduced total energy consumption by 5 percent

A strategic priority

CSR is central to Palsgaard's activities and is overseen by a dedicated CSR Steering Committee. A CSR Working Committee, is chaired by a senior CSR Specialist, with member representation from all departments in the company. Our 2017 CSR report details our strategic work within four specific CSR focus areas:

Our journey to the 2020 targets

For the year 2020, we have set ambitious targets for the following measurable parameters

  • Carbon emissions
  • Energy consumption
  • Waste water emissions
  • Raw material consumption
  • Accident frequency

Memberships

We remain committed to the UN Global Compact and its ten principles promoting ethical business conduct. Palsgaard’s CSR work is also framed by commitments to organisations:

UN Global Compact

RSPO - Licence No RSPO-1106336

Ecovadis -Gold2

View our 2017 CSR report online here

or download it in pdf format here