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Value creation

To highlight our positive impact on society, we have captured our value creation model in a diagram. This model is published in our annual report for the first time this year.

Business model

Our business model is the central focus of our value creation model and it starts with our aim of using Industrial Systems and Plastic Components to sustainably meet the need for food, health and mobility for the growing global population. Our five companies work on this in a organisational structure by being agile, close to the market and having in-depth knowledge of their niche markets. With driven employees and technical innovations, they add sustainable value to customers’ processes. Customers appreciate our efforts and, as a result, our market share and profitability are growing. This leads to healthy financial results which enable us to invest in training and development for our employees, in innovations and in acquisitions.

Outcome

Our contribution to the UN sustainability goals primarily has an impact on:

SDG 2: Zero hunger

Food production must increase, without damaging ecosystems. Our companies enable the efficient production of uniform, robust day-old chicks which means that fewer raw materials are needed for food production. Innovations and standardisation furthermore enable us to generate more output in the food production process.

SDG 3: Good health and well-being

More attention needs to be paid to research into vaccines and medicines. Our Plastic Components companies collaborate intensively with customers to develop efficient applications in diagnoses and vaccines.

SDG 6: Clean water and sanitation

Clean drinking water and clean sanitary facilities have a positive effect on other Global Goals, such as food safety, education and health. Part of our Industrial Systems core activity is devoted to developing and supplying systems for producing water supply lines. Better infrastructure ensures that clean drinking water can reach remote places and improve hygiene.

SDG 8: Decent work and economic growth

We focus a lot of attention on entrepreneurship, creativity and innovation at all our offices worldwide. We combat modern slavery, people trafficking and forced labour, including child labour and child soldiers, by observing our Code of Conduct.

SDG 12: Responsible consumption and production

We promote the clean and efficient production of goods by substantially limiting waste production through prevention, reduction and reuse. Our innovations and continuous improvement programmes enable our companies and their customers to be more efficient by producing more with less.