1. Who we are

As a leader in the global animal nutrition and aquaculture industry, Nutreco occupies an important position in the middle of the food value chain. We partner with the suppliers of our feed ingredients to help them reduce their environmental and social impacts. At the same time, we offer our customers, mainly farmers and other producers of animal proteins, the means to produce more using less natural resources.

Purpose, vision and values

Our purpose

The global population is growing rapidly, and it is estimated that there will be nearly 10 billion people living on our planet by 2050. At the same time, an increasing proportion of the population is gaining more disposable income, and with that comes greater food choice, which will inevitably lead to increased consumption of proteins such as meat, fish, milk and eggs.

Our purpose of Feeding the Future reflects our belief that we have an important role to play in ensuring the world’s growing population has access to all of the healthy, affordable and nutritious protein they will need in order to thrive. It centres around our commitment to help our industry meet the world’s rising food demand in a sustainable way through our expertise and continuous innovation. It is a call to action – to everyone in our company and across our supply chain – to be open to and embrace the challenges that will dramatically shape our industry.

Nutreco has long been an essential link between producers of raw materials and farmers of livestock and fish. Our role is to convert these raw materials into safe, efficient and nutritious feed solutions for farmed animals and fish. We develop models and management insights that enable farmers to be more productive in growing animals with better health and welfare while reducing their environmental impacts. We are constantly seeking ways to improve the efficiency and nutritional value of our products, raise productivity, and reduce environmental impacts across our value chain. As a science-based and innovation-driven company, we are in a good position to contribute to finding solutions for the challenges in the global food system.

The challenge of feeding the population of the future is not only for generations to come; it demands all our focus today. This is why we have made it our purpose, the guiding star that gives us direction. Recently, McKinsey reported that 70% of employees say work defines their purpose, while only 18% get enough purpose from their work. Feeding the Future aligns and inspires our people and focuses our activities toward an aspiration that goes beyond financial performance.

Our vision 

Our vision is to be recognised as a leading partner in functional and nutritional solutions for sustainable farming. We have identified three areas that we will focus on to lead these changes: future feed ingredients; future animal, fish and shrimp farming; and future protein supply chains.

Our values

Our values reflect the culture of our company, promise to our customers and our purpose of Feeding the Future. They combine to ensure that we treat others with care, integrity, and openness; make the right decisions when faced with dilemmas in our day-to-day work; and take guidance on doing business with integrity and in line with our company policies.

Our brands, customers and suppliers

Trouw Nutrition is a global leader in innovative feed specialities, premixes and nutritional services for the animal nutrition industry. Skretting is a world leader in the manufacture and supply of aquaculture feeds and services, making it an essential link in the feed-to-food chain. Read more in 1.1.

Sustainability governance within Nutreco

Nutreco’s Sustainability function is led by our CEO. The Corporate Sustainability Director reports to the CEO and chairs the Nutreco Sustainability Platform (NSP). The NSP is where the sustainability aspects of our strategy are developed, and where sustainability issues are addressed. Read more in 1.2.

Materiality refresh

Nutreco conducted a complete materiality assessment in late 2018, that identified 13 issues as material for our future by internal and external stakeholders. Read more in 1.3.

Our supply chain

Nutreco is strategically poised between our suppliers, that are the primary extractors/ producers of our ingredients, and the animal protein farmers that directly produce food for global consumers. Read more in 1.4.

Chapters:

1. Who we are
2. Our roadmap
3. Pillar one: Health & Welfare
4. Pillar two: Climate & Circularity
5. Pillar three: Good Citizenship
6. Roadmap 2025 progress assessment tool
7. Staying relevant
8. How we work
9. About this report