Lantmännen tops rankings in new sustainability study
In 2018, Lantmännen was named one of Sweden’s most sustainable brands in the Sustainable Brand Index – by both Swedish consumers and business customers. Lantmännen has now been ranked number one in Inter Business Initiative’s study, that measures and analyses a company’s ability to utilise sustainability to create holistic value.
Today the results of the Inter Business Index 2019 were published. A business index that ranks the 50 largest companies in Sweden from a sustainability perspective and in terms of how well they utilise this to drive holistic value creation throughout the company. Lantmännen is ranked as number one.
“This award shows how far we have come in our efforts to link sustainability to our business, which is crucial in order for us to be able to create value. We’re glad that our work is also recognised and appreciated by our customers and consumers, which earlier studies have confirmed,” says Claes Johansson, Head of Sustainable Development at Lantmännen.
The survey is based on research and an analysis methodology that has been published in two scientific journals in 2016 and 2017, including the Journal of Management and Sustainability. The company rankings are based on four perspectives:
Purpose – a clear purpose linked to the business strategy.
Empathy – ability to understand all stakeholders in the value chain.
System Approach – ability to understand your own role in the system, context, opportunities and responsibilities in both local and global systems.
Transformation – innovation, learning and creativity in a changing world.
Incorporating the above abilities into the company’s core strategy and business creates value in all relationships and a long-term sustainable company, which Lantmännen is now being recognised for in its top ranking.
“We are very pleased by this acknowledgment and it means that we are on the right track, giving us positive energy to further develop our businesses with regards to all aspects of sustainable value creation,” says Per Arfvidsson, Vice President at Lantmännen.
Claes Johansson received the award at Inter Business Initiative’s and Grant Thornthon’s seminar on Tuesday the 29thof January, which was also attended by the Swedish government's ambassador for Sustainable business, Jakob Kiefer.
Read more about Inter Business Initiative and their sustainability ranking: https://www.inter-business.org/
For more information, please contact:
Claes Johansson, Head of Sustainable Development at Lantmännen
Tel: +46 (0)10556 10 05
Email: claes.johansson@lantmannen.com
Lantmännen Press Office
Tel: +46 10 556 88 00
Email: press@lantmannen.com
About Lantmännen
Lantmännen is an agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy and food products. Owned by 25,000 Swedish farmers, we have 10,000 employees, operations in over 20 countries and an annual turnover of EUR 4 billion (SEK 40 billion). With grain at the heart of our operations, we refine arable land resources to make farming thrive. Some of our best-known food brands are AXA, Bonjour, Kungsörnen, GoGreen, Gooh, FINN CRISP, Schulstad and Vaasan. Our company is founded on the knowledge and values acquired through generations of farmers. With research, development and operations throughout the value chain, together we take responsibility from field to fork. For more information: lantmannen.com/en.