Acting responsibly on the entire value chain
Download the Ethic Charter: here
Download the sustainable development report: here.
Download the Extra-Financial Performance Statement: here
The circular economy at the heart of our industry model
Because our raw materials are scarce and precious, we pay close attention day after day to the entire processing chain of our products. At Tereos, we are committed to the sustainability of farming practices and making full use of our raw materials, and to ensuring that nothing is wasted, everything is transformed. Today, the circular economy has transformed yesterday’s leftover waste into a resource for animal nutrition, for conversion to energy, or for fertiliser.
Creating and sharing value with all our stakeholders
The commitment that Tereos shows to its whole value chain, from the field to the consumer, is also a human commitment: the Group maintains a permanent dialogue with its stakeholders and strong links with its 12,000 cooperative growers, who are essential partners in the Group’s success and sustainability. Tereos is deeply rooted in its local environment, and actively contributes to the regeneration of territories where it is present.
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In adopting a revitalised CSR strategy, we are reaffirming our commitment to meeting the expectations of society: healthy and safe food, agricultural practices that respect the environment and biodiversity, products from short supply chains, clean and renewable energies, and a low-carbon industry. Tereos intends to play a fundamental role in this environmental transition by reducing the impact of its activities, by making a positive contribution to society and by creating shared value for a world that is more resilient, more just and more sustainable.
Philippe de Raynal
Chairman of the Management Board
UNITED NATIONS GLOBAL COMPACT
The Tereos Group has been a signatory to the United Nations Global Compact since 2017. Launched in 2000, the compact is the most important global initiative concerning sustainable development.
The initiative provides a voluntary commitment framework for organizations seeking to advance their social responsibility approach. It consists of voluntarily aligning the operations and strategies of organizations around the world through ten universally accepted principles covering human rights, international labor standards, the environment and anti-corruption work.
The ten principles of the United Nations Global Compact are derived from:
- The Universal Declaration of Human Rights
- The International Labour Organization’s Declaration on Fundamental Principles and Rights at Work
- The Rio Declaration on Environment and Development
- The United Nations Convention against Corruption
Having joined the Global Compact, Tereos upholds and implements these ten principles and communicates progress to its stakeholders on an annual basis. In line with the requirements of the ‘GC Active’ level, this report outlines the Tereos Group’s contribution to fulfilling the ten principles.
Moreover, the Tereos Group reaffirms its commitment to making the Global Compact and its principles an integral part of its overarching strategy, operations and culture, by integrating the ten principles into decision-making processes and by acting to support the United Nations goals and themes, particularly the Sustainable Development Goals (SDGs).
Tereos contributes to the Sustainable Development Goals through its CSR approach. In line with its business activity, impact and site locations, the Group has selected seven of these SDGs, which are presented below.
Virtually all the agricultural raw materials that Tereos transforms are supplied through direct channels, which allows us to exert control over the conditions of production. Tereos has opted for sustainable agriculture because our businesses and their sustainability depend on the land, on the people who cultivate it, and on their future. To meet our climatic and demographic challenges, our priority is combining the growth in yields that we need with reducing the environmental footprint of the field.
The continuous improvement process in which Tereos is engaged is based on two priorities: reducing our water and energy consumption, and developing new ways of recycling non-food waste in our facilities. This ensures that the circular economy is at the heart of our actions as we strive to develop a model of positive industry.
Tereos commits itself at every step of the production process, from the field to the consumer. We strive to ensure not only quality and food safety but also the conditions of production. Tereos sees respecting business ethics, transparency on the origin and conditions of production and the safety of our employees as an integral part of product guarantee.
To meet the new expectations of consumers, which vary from one market to another, as well as the challenges of public health, agri-food companies have to permanently adapt their products. Our role is to support our customers and develop innovative solutions that correspond to the nutritional needs specific to each category of the population and to support fast-changing eating habits and practices.
The nature of our activities plays a big part in revitalizing the territories where we operate, with impact on farming, industry and logistics. Our long-term presence in a territory involves providing support for local employment, developing skills and setting up specific programmes according to particular local needs.