Orkla ASA (ORK.OL)

Overall impact
A (96)

Commentary

Orkla ASA is a leader for overall positive impact. With an 'A' rating of 96.0 for overall impact (99th percentile compared to all companies), Orkla ASA ranks 1st out of 120 industry peers, ahead of PSSI, Tofutti Brands, Chobani and 116 others. On top material causes for Orkla ASA's industry (Food), Orkla ASA performs well in Accountable Institutions (90.3 score), Healthy Oceans (95.8), Terrestrial Biodiversity (96.0) and 16 other causes where it received an 'A' score. Orkla ASA did not receive a 'D' or 'F' rating on any cause.
Impact
Cause ORK.OL
Peer rank
Overall impact

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Company
Employees
17,541
Sector
Consumer Staples
Industry
Food Products
Sub-industry
Packaged Foods & Meats
SASB industry
Processed Foods
Headquarters
Norway
Share classes
ORKLY
ORK.OL
Description
Orkla ASA operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and spices, masalas, and food products based on dried mixes. In addition, the company offers personal care, hygiene, laundry detergent, and cleaning products; dietary supplement, oral care, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools and accessories; basic and wool garments; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnesstukku e-commerce portals for health and sports nutrition products, as well as restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydropower to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, Fun Light, Abba, Beauvais, Kalles, Den Gamle Fabrik, Hamé, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; home and personal care products under the Zalo, OMO, Blenda, Jif, Define, Solidox, Dr Greve, Lano, and Bliw brands; health products under the Möller's, Jordan, Vitalab, OSL, Cederroth First Aid, Salvequick, Livol, Nutrilett, Maxim, Collett, Solidox, and CuraMed brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. The company was founded in 1918 and is based in Oslo, Norway.
Material causes
Ethos considers the following causes material for Orkla ASA, based on its industry sub-industry Packaged Foods & Meats. Learn more about material causes in our methodology overview.

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This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

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