Page 38 - FBL AR 2019-20
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Fermenta Biotech Limited
Annual Report 2019-20
Our Stakeholder
Value-Creation Report FY 2019-20
How we enhanced value in an integrated, inclusive and sustainable way
Overview leading to different reporting strands including employees, customers, suppliers,
The Integrated Value-Creation Report (financial, management commentary, business partners, local communities,
represents the cornerstone of corporate governance and remuneration, and legislators, regulators and policy-makers
success. This new measure overcomes the sustainability reporting) integrated to - focused on an organisation’s ability to
limitations of the conventional approach express an organisation’s holistic ability to improve value across time. This shift from
with a more comprehensive framework enhance value. the ‘hard’ to ‘soft’ (non-financial data) helps
that captures a wider set of initiatives Integrated Reporting explains to providers screen a Company like Fermenta more
addressing a larger family of stakeholders. of financial capital how an organisation comprehensively.
The Integrated Reporting approach enhances value. Its impact extends
explains the sectoral context, analyses beyond financial stakeholders; it enhances
corporate strategy and competitiveness understanding across all stakeholders -
Our overall Positioned as
value a large global Endured across Focused on one Multi-decade Investment
enhancement player (Vitamin market cycles area with diverse understanding in world-class
strategy D) applications of technologies infrastructure
Demonstrated
Reinvestment of Marketing Extension into Increased global improvement Proprietary
profits into the products across adjacent product competitiveness in operating manufacturing
business 50 countries segments capability
efficiencies
Drivers of Fermenta’s performance: enhance the value of their holdings. consistent engagement. Across all the
Creating shared value Our vendors provide credible and a regions that we operate in, we endeavour
At Fermenta, we believe that the interplay continuously supply of resources. Our our utmost to contribute towards the
of value for our various stakeholders has focus is to maximise quality procurement fulfillment of human rights, in compliance
translated into our business profitability through strategic sourcing arrangements with not only the local laws but also our
and sustainability. with the objective to widen our markets, corporate ethical values.
Our employees represent the aggregate strengthening sustainability. Our governments in the areas of our
knowledge of how to grow the business Our customers keep us in business presence provide us with a stable
across a range of functions (research, through a consistent purchase of products, structural framework that ensures law,
procurement, manufacturing, marketing, generating the financial resources to order, policies etc. Our focus is to serve as a
technology, finance etc.). Our focus is sustain our operations. Our focus is to role model for corporate citizenship.
to provide an engaging and exciting cater to a larger number of customers by At Fermenta, we believe that the prudent
workplace, generate stable employment supplying quality products and widen our interplay of the value generated by each
and enhance productivity. basket of offerings. and our consistent payback ensures
Our shareholders provided capital for our Our communities provide the social capital business sustainability and the ability to
business ventures. Our focus is to generate (education, culture etc.). Our focus is to enhance organisational value.
free cash, growing RoCE and, in doing so, support and grow communities through
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