Report of the cooperative
Members and shares
Letter from the Chairman and the CEO*
Corporate social responsibility*
Cosun at Work
Report of the Supervisory Board
Members of the Board, Supervisory Board, Executive Board and Works Council
* These sections constitute the Directors’ Report within the meaning of article 2:391 of the Dutch Civil Code
Royal Cosun is an agro-industrial group that processes arable
crops and other vegetable raw materials. Cosun is a cooperative
of some 8.800 Dutch sugar beet growers. The cooperative has
been processing its members’ sugar beet since 1899. Over the
years we have added new activities to our portfolio, nearly all of
them relating to agriculture or horticulture.
PLANTS AND PRODUCTS
We produce a wide range of ingredients and intermediate products from vegetable raw materials such as sugar beet, potatoes, chicory, fruit and vegetables for the international food industry. We also make products that are sold to consumers through the foodservice (out-of-home and wholesale outlets) and retail channels. We are increasingly developing ingredients for non-food applications. We supply products to the animal feed sector, develop building blocks for biobased chemicals and produce bio-energy (green gas).
Of all the businesses that make up Cosun, Suiker Unie and Aviko are the most widely known. They have traditionally produced sugar and potato specialities respectively. Sensus produces inulin from chicory. Inulin is a dietary fibre that reduces the sugar and fat content of foodstuffs. SVZ processes fruit and vegetables into concentrates and purees for the food industry. The Duynie group is a trader and distributor of animal feed and develops advanced applications based on residual flows and co-products from the food industry.
Cosun Biobased Products specialises in the development and production of functional green chemicals and materials based on renewable vegetable raw materials. Its innovations are used in a wide range of applications. To this end, like the other Cosun business groups, it works closely with Cosun Research & Development (R&D). This joint R&D centre has a modern and well-equipped facility where it improves the use of agricultural raw materials, innovates process technology, optimises energy management and, in cooperation with customers, develops new products. Cosun R&D also works with a variety of institutions and universities in the Netherlands and abroad.
Cosun’s objective is to excel in the creation of value from plant-based raw materials for the benefit of its customers, growers and staff. Our goal is to make optimal use of the crops while respecting the environment. By working with others, we learn through doing and continuously strive to be better. Together, we add lasting value to the agricultural supply chain and strengthen the continuity of arable farming in the Netherlands, the Cosun business groups and society. We encourage our staff to get the best out of themselves in a pleasant and safe working environment.
Cosun recognises the value of corporate social responsibility. The Cosun Principles provide guidance for all our staff, directors and supervisors. They describe how we should conduct ourselves and what we can be held accountable for, not only by each other but also by our customers, business associates and the society of which we are a part. We have identified four key concepts that define our values and standards and how we can live up to them in our work and our contact with each other:
Our strategy is to achieve profitable growth by sustainably processing plant-based raw materials into products and ingredients for use in foodstuffs, animal feed, non-food applications and renewable energy. In doing so, we contribute to the continuity of Dutch arable farming, the Cosun business groups and society in general by creating a variety of products, with foodstuffs at the forefront. We consider Europe to be our home market but spread our wings as far as America and China. Profitable growth is a means to create value. We have prioritised organic growth in our core activities in order to retain or even increase our market share and growth through the innovation of processes, new ingredients and new biobased markets.
Cosun is a link between plant-based raw materials and products (both bulk and specific) in many markets. Our core activity is the large-scale biorefinery of plant-based raw materials (biomass) to extract as much of the high value ingredients as we can. We make use of everything we extract and attempt to close cycles wherever we can. Our commitment and contribution extend to the very start of the supply chain, where we advise and support our growers. Sophisticated delivery logistics brings the biomass to our factories for processing. Our focus on innovation embraces both product development and the sustainability of the processes.