Creating and Sharing Value

Creating and sharing value

Our business model is at the heart of everything we do. It defines the activities in which we take part, the relationships on which we depend and what we want to achieve in order to create value for all our stakeholders in the short, medium and long term.

OUR RESOURCES 

FINANCIAL

We always seek to use all funds efficiently, whether generated from operations or investments.

ASSETS

We carefully manage our assets, including our equipment and buildings, to ensure the production and storage of our products.

HUMAN

We are continuously developing our employees’ skills and competencies, and pay special attention to finding, developing, and retaining new talents.

NATURAL

Water, energy, and other natural materials are important resources for our value creation processes, therefore we seek to use them as effectively as possible.

INTELLECTUAL

Our knowledge-based assets include our brands, patents, standards, licenses, and processes.

SOCIAL AND RELATIONSHIPS

Our social and relationship capital includes our reputation and ability to earn and maintain the trust of our stakeholders.

SHARED VALUES AND VALUE CREATION

SHAREHOLDERS

By managing all inputs to our business well, we create profits that benefit shareholders through dividend payments and share value.

SUPPLIERS

We prefer predictable partner relationships, locally sourced suppliers, and we see an outstanding opportunity in long-term co-operation with local partners. Due to the commitment to such preferences, positive economic benefits are evident along the entire value chain of the company.

EMPLOYEES

Developing, recognising, and rewarding our people secures a skilled and motivated workforce. We provide a stable workplace and compatible salary. The resultant strengthened loyalty increases the time employees spend at the company, which facilitates middle- and long-term business development as well as with the taking and execution of business decisions.

CUSTOMERS

Producing products efficiently and responsibly builds value for our customers’ businesses. We always seek long-term partnerships and innovative solutions.

COMMUNITIES

When our business is profitable, sustainable, and responsible, the communities where we operate benefit through job creation, tax payments to governments, useful products and services, and the minimisation of environmental impact.