Fazer Group’s Annual Review 2021 published
Fazer’s Annual and Financial Reviews have been published today. Building on Fazer’s mission Food with a purpose, the Annual Review describes the progress made in the implementation of Fazer’s strategy and discusses our business and sustainability performance during the year. Fazer is an innovative, modern, and future-oriented Food Experience Company aiming at accelerating growth by developing sustainable products and cultivating innovation based on in-depth consumer insight.
Fazer has a clear future strategy and a strong mission, Food with a purpose, robust sustainability ambitions and an inspiring vision, Towards Perfect Days. In the Annual Review 2021 our high ambitions are discussed and reflected through the Fearlessly Forward concept, positioning Fazer as a bold and innovative Food Experience Company. We share our own as well as our stakeholders´ visions about the future of food and showcase examples of Fazer´s innovations and sustainable development across the value chain. We demonstrate how Fazer creates value for its stakeholders and incorporate an outside-in perspective to examine how trends and phenomena in our operating environment and consumer expectations impact our business in the long run.
The whole food system is currently undergoing a fundamental change. The global climate crisis, increasing pace of food innovations and the rise of new technologies as well as fast evolving consumer trends are changing the way food is produced, distributed, and consumed. This has a significant impact on the environment, on society and on our well-being. In addition to the awarded circular economy innovation, Fazer xylitol factory, we progressed in sustainability on several fronts during the year. Key highlights include the approval of our Science Based Targets (SBTi) and our updated Sustainability Ambitions. Not only is sustainability integral to Fazer´s strategy but its importance is also reflected in our annual reporting and the emphasis has significantly grown compared to previous years.
The Annual Review, published in three languages, includes the business and sustainability reviews. The financial review, in Finnish and English, includes the Corporate Governance statement, the Board of Directors report and the Financial Statements for 2021.
Fazer Group’s Annual Review and the Financial Statements are available at: https://www.fazergroup.com/
For further information, please contact:
Joséphine Mickwitz, Executive Vice President, Communications & Sustainability, Fazer Group
josephine.mickwitz@fazer.com tel. +358 40 078 4889
Jouni Grönroos, CFO & Deputy CEO, Fazer Group
jouni.gronroos@fazer.com tel. +358 40 504 5125
Fazer’s media phone line is open Mon–Fri from 8:00 to 16:00 EET
media@fazer.com, tel. +358 40 668 2998
Fazer Group
Fazer, The Food Experience Company, enables people to enjoy the best moments of their day. Our mission, Food with a purpose, builds on our strong 130-year heritage, consumer first approach and innovations to create the sustainable food solutions of the future. With our dedicated team of professionals, we focus on fast-moving consumer goods and our direct-to-consumer business in the Nordics, Baltics, and beyond with exports to some 40 different countries. Fazer’s operations comply with its Code of Conduct that is based on the Group’s values and the UN Global Compact. In 2021, Fazer Group had net sales of 1.1 billion euros and employed approximately 8,000 people.
Northern Magic. Made Real.
