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Orkla scores top marks for sustainability reporting

Orkla scores top marks for sustainability reporting

The analysis and advisory firm Position Green has ranked the sustainability reporting of the 100 largest companies listed on the Oslo Stock Exchange, and has given Orkla an A grade.
In the past few years, demands and expectations regarding Environmental, Social and Corporate Governance (ESG) reporting have evolved rapidly. At the same time, the information provided by companies, and the way it

Maria Syse-Nybraaten from Ferd to Orkla

Maria Syse-Nybraaten from Ferd to Orkla

Maria Syse-Nybraaten has been appointed as EVP and CEO of the Orkla Consumer & Financial Investments business area. She is taking over the position after Thomas Ljungqvist who has served in an acting capacity since 16 February.
Ms Syse-Nybraaten comes from the position of Investment Professional at Ferd Capital where she has held several key positions since 2013, including responsibility f

Orkla’s net-zero emission targets approved by Science Based Targets initiative

Orkla’s net-zero emission targets approved by Science Based Targets initiative

As one of the first companies worldwide, Orkla’s target to reach zero greenhouse gas emission across the value chain by 2045 is approved by the Science Based Targets initiative (SBTi).

The SBTi’s Corporate Net-Zero Standard is the world’s first framework for corporate net-zero target setting in line with climate science. It includes the guidance, criteria, and recommendations companies need

Broad-based sales improvement in Orkla

Broad-based sales improvement in Orkla

Our operating revenues increased by 21% in the second quarter to NOK 14.3 billion. Operating profit EBIT (adj.) rose by 39% to NOK 1,753 million. Orkla’s profit before tax amounted to NOK 1,854 million, an improvement of 38%.
Adjusted earnings per share were NOK 1.33 for the second quarter, a year-over-year increase of 17%.
Orkla’s branded consumer goods business achieved 17% growth in secon

Photo Bjørn Wad

Sales growth for Orkla

Orkla’s operating revenues increased by 15.4% in the first quarter to NOK 13,271 million. Operating profit EBIT (adj.) rose 18.1% to NOK 1,532 million. Group earnings before tax totalled NOK 1,544 million, an improvement of 7.7%.
In the first quarter, Orkla’s branded consumer goods business achieved 13.4% growth in operating revenues. Organic turnover growth was 7.7%.
The biggest improvement

Photo: Bjorn Wad

Orkla invests further in alternative proteins

Orkla Alternative Proteins has invested in the two start-ups Change Foods and Arkeon, which use unique technology to produce tomorrow’s cheese and proteins from CO2, respectively.

Change Foods is a start-up that makes cheese based on proteins produced through precision fermentation. Although cheese is the primary focus at present, the goal is to also use precision fermentation to make ta

Press contacts

Kari Westersund

Kari Westersund

Press contact SVP Communications +47 92 85 61 92
Håkon Mageli

Håkon Mageli

Press contact Group Director, Corporate Communications & Corporate Affairs + 47 928 45 828

Welcome to Orkla Global!

Orkla is a leading supplier of branded consumer goods and concept solutions to the consumer, out-of-home and bakery markets in the Nordics, Baltics and selected markets in Central Europe and India. Orkla is listed on the Oslo Stock Exchange and its headquarters is in Oslo. In 2018, the Group had a turnover of NOK 41 billion, and approximately 18,500 employees as of 31 December 2018.

Orkla Global
https://www.orkla.com/