Chr. Hansen engages regularly with a wide range of external stakeholders – including customers, suppliers and academia – to find solutions to global challenges within food, health and agriculture. Likewise, Chr. Hansen engages with stakeholders on an ongoing basis to promote transparency on social, environmental, ethical and governance issues.
Chr. Hansen has a long tradition of collaborating with leading universities and is currently engaged in more than 35 research partnerships in more than 10 countries. In 2014/15, the Company took additional steps to this end by establishing a new research collaboration with three leading universities aimed at accelerating progress in next-generation bacteria to address global health challenges.
For more information, see “A new frontier in global health” in the CSR section of www.chr-hansen.com
Chr. Hansen’s commitment to responsible business practices also extends to its suppliers. By the end of 2014/15, 87% of direct suppliers have been approved on quality, social responsibility and sourcing criteria. The remaining suppliers have either been terminated or are in the process of being approved or subjected to additional risk assessments. During 2014/15, Chr. Hansen also continued its efforts to pass on expertise to selected raw material suppliers to its Natural Colors Division to help raise standards and improve farm yields.
For more information, see “Passing on expertise to local suppliers” in the CSR section of www.chr-hansen.com
In addition to the annual Communication on Progress, Chr. Hansen discloses information about social, environmental, ethical and governance issues via global reporting platforms such as SEDEX, Eco-Vadis and the Carbon Disclosure Project as requested by customers, investors and other stakeholders. During 2014/15, Chr. Hansen was ranked in the top 15th percentile among its peers in the global FTSE4Good Index, a leading global investor ranking which benchmarks companies on environmental, social and governance performance.
In 2015/16, Chr. Hansen will continue to explore relevant partnerships and engagements with external stakeholders based on issues of importance to society as well as to the Company.