Auriga Industries A/S, Harboøre, Denmark, 2011-04-07 16:18 CEST (GLOBE NEWSWIRE) --
Investor news no. 2/2011
April 7, 2011
CSR CREATES VALUE FOR BUSINESS
New environmentally friendly products are developed to substitute the traditional products which are phased out. Energy consumption and CO2 emission are reduced. Control with suppliers ensures compliance with standards and high quality. An improved working environment will result in reduced sickness absence and consequently improved efficiency.
Today, CSR – Corporate Social Responsibility – is used as an integrated management tool in Cheminova’s global organisation. Consequently, the CSR work creates value for business within several areas and meets the increasing demands for ethical and social responsibility around us. Hunger and malnutrition are some of the world’s most significant challenges which, in a globalised world, matters to everybody. Cheminova’s mission is to help solving this challenge by supplying products that help farmers increase yields and quality of crops.
President & CEO Kurt Pedersen Kaalund says:
- Having completed the phase-out plan, we now move on to take responsibility that goes beyond our traditional business. The village projects in India and Brazil are launched with the purpose of demonstrating how modern agronomic science and social activities will improve living conditions and quality of life in the villages.
- In Cheminova, it is a core value to be good corporate citizens and sustainability has already for many years been a natural aspect of our business, says President & CEO Kurt Pedersen Kaalund.
This appears from a leaflet released by Auriga today in a shareholder letter to Auriga shareholders. The leaflet provides an outline of Auriga’s financial and non-financial activities in 2010 and constitutes a summary of the annual reporting. The annual reporting comprises Auriga’s annual report 2010 and Cheminova’s CSR report 2010 released on March 23, 2011. This is the CSR report number five reporting on Cheminova’s progress in the CSR work during the year.
Improved earnings and value creation
To ensure commercial progress and improved earnings, it is crucial to us that we benefit from our core competences comprising development, registration, production and marketing of a broad portfolio of products to farmers all over the world. Because of global market access and a strong development pipeline, the group is now stronger and better geared for the future. This and more you can read in the annual report 2010.
Read the annual reports and related articles on www.auriga-industries.com. Here we are looking deeper into some of the strategic initiatives implemented to reach our financial and non-financial targets.
- The shareholder letter has been sent by ordinary mail to Auriga's registered shareholders.
MORE INFORMATION:
AURIGA INDUSTRIES A/S
Investor Relations
Tel. +45 7010 7030
investor@auriga.dk
