🇮🇸 Marel’s commitment to sustainability confirmed with 2023 sustainability report award

June 16, 2023

Press release from Marel

Sustainability Award 2023

Marel has been awarded Iceland’s prestigious 2023 Sustainability Report of the Year by Festa, Stjórnvísi, and the Icelandic Chamber of Commerce. Arni Oddur Thordarson, CEO of Marel and current chairman of the Nordic CEOs for a Sustainable Future, expressed immense pride in Marel receiving this recognition, reaffirming the company’s unwavering commitment to sustainability.

Marel’s sustainability journey began well before the establishment of the award in 2018. The company has been publishing sustainability reports since 2016, reflecting its vision of a world where food is processed sustainably and affordably. Sustainability is deeply ingrained in Marel’s DNA, and the company continues to prioritize it as a key pillar in its long-term strategies and mindset.

Recognizing excellence in sustainability reporting

Marel’s sustainability report stood out to the award-jury for its ability to provide valuable insights that go beyond mere regulatory compliance. In its justification, the award-jury noted: “Marel’s report showcases information that adds real value to the company. Marel has set ambitious goals, including a 42% reduction in emissions from Scope 1 and 2 by 2030 compared to 2021, along with a 25% reduction in Scope 3 emissions. The company also aims to achieve a 90% waste recycling rate by 2026 and strives for carbon neutrality throughout its value chain by 2040. Recognizing Marel as the recipient of the 2023 Sustainability Report of the Year is a well-deserved honor.”

Marel’s sustainability report showcases the significant strides the company has made in accomplishing sustainability goals over the years, while outlining its future expectations. The importance of these reports is emphasized in providing crucial information to shareholders and stakeholders and illustrating Marel’s drive for continuous improvement.

Leading the charge for sustainable practices in the Nordic countries

As a member of the Nordic CEOs for a Sustainable Future, Marel plays a key role in promoting sustainable operations across the Nordic countries. Chaired by Arni Oddur Thordarson, the Nordic CEOs for a Sustainable Future aims to inspire Nordic companies to take the lead in sustainable practices while aligning with the United Nations’ global goals. Marel’s practices of overseeing investments and operations in an environmentally conscious manner, along with their expectations for stakeholders to adopt similar practices, exemplifies its commitment to driving positive change beyond its own operations.

Embracing the future of sustainable food processing

Looking ahead, sustainability issues on global level will be of increasing importance, with stricter legal requirements on the horizon. Marel remains passionate about sustainability, and attracting people who share the vision of sustainable food processing. Marel continues to thrive in partnership with its customers while providing opportunities for employees to grow and prosper.

With the 2023 Sustainability Report of the Year award, Marel solidifies its position as a sustainability leader, driving positive change in the food processing industry and inspiring others to follow suit.

Learn more about sustainability at Marel
Read Marel’s 2022 Annual Report

Originally published on 16 June. 

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