Foreword At Arla, we are dedicated to developing our business in a responsible manner. We know that long-term success is only achieved if we add value to people’s lives – whether they are consumers, customers, partners, colleagues or owners – while acting responsibly towards the environment and the communities we are part of. Sustainability and profitability go hand in hand and we believe that our dedication to be responsible will benefit us commercially. We have chosen to take the lead in areas close to our core. As a farmer-owned cooperative, it is in our nature to work together to ensure better results. As a major food provider, we inspire good food habits and make it easier for people to live healthy lives. In a world with a fast-growing population, it is imperative that we continuously develop new technologies and ways to produce nutritious food for millions of people in an efficient and sustainable manner. We aim to be a role model in the industry. Arla’s Code of Conduct – Our Responsibility – covers all aspects of our business and lies within every decision made every day, at all levels and everywhere in our company. We want all stakeholders to know what they can expect from us and what we expect from them. Dialogue, cooperation, openness and transparency are keys in accomplishing this. Each and every one of us plays a role, and responsibility is embedded in our culture through strong leadership and training. The Code of Conduct is our foundation, and throughout its pages you will find the principles that must guide our behaviour. While this seems easy to say, we acknowledge the challenge of always living up to our ambitions. Therefore we expect all colleagues in Arla to study the document, and even more importantly to discuss what it means for us and our work. Our Responsibility covers the 10 principles of the UN Global Compact, the UN initiative to promote ethical business practices. Further, we are committed to follow the UN Guiding Principles on Business and Human Rights as well as the OECD Guidelines for Multinational Enterprises. A company’s ethical, social and environmental responsibility is continually challenged. We are proud of our stance and of this document, which we will continue to develop as Arla evolves and we acquire more knowledge. We invite you to share your views with us at arla@arlafoods.com. Aarhus, Denmark, 25 August 2015 Åke Hantoft Chairman of the Board of Directors Peder Tuborgh CEO 1
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