DGAP-News

Ekosem-Agrar AG adopts sustainability strategy and prepares Sustainability Report in accordance with GRI standards - Seite 2

Stefan Dürr, Chairman of the Management Board of Ekosem-Agrar AG: "Being one of the leading food producers and a major rural employer in our Russian home market, we want to help improve the living conditions for the local people and gradually reduce the adverse impact of our business activity as a large agricultural company by taking innovative measures. We will, for instance, develop a special standard for our milk and implement a defined number of construction and development projects in the communities in which our farms are located."

The company has set itself a total of 13 specific sustainability targets. For details on the sustainability strategy, the planned roadmap and the targets, visit https://www.ekosem-agrar.de/en/sustainability/ or see the Sustainability Brochure published today.

Wolfgang Bläsi, member of the Management Board of Ekosem-Agrar AG: "Economic success and the forward-looking use of natural resources have long since ceased to be a contradiction in terms. Right on the contrary, by reviewing our strategy with a view to sustainable development, we also refine and develop our business model. This helps us identify new business opportunities, reduce risks and thus secure our long-term competitiveness."
 

About Ekosem-Agrar

Ekosem-Agrar AG, Walldorf, is the German holding company of the EkoNiva Group, one of the largest Russian agricultural companies. A herd of more than 200,000 cattle (thereof about 104,700 dairy cows) and a daily output of 2,900 tons of raw milk make the company the largest milk producer in the country. The Group controls an agricultural land area of more than 630,000 hectares and is also one of the leading Russian seed producers. The founder and CEO of the company is Stefan Dürr, who has been active in the Russian agricultural sector since the end of the 1980s and has been instrumental in modernizing the industry in the past three decades. In 2009, he was awarded the Order of Merit of the Federal Republic of Germany in recognition of his contributions to the German-Russian Dialogue on Agriculture. The Group employs more than 14,000 people and has a presence in nine regions in Russia. Ekosem-Agrar generated a total output of EUR 565 million and adjusted EBITDA of EUR 167 million in 2019.