Diversity means stability Contents
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RXUHDUWKLVKLJKO\VHQVLWLYH.HHSLQJ 1 BRIEF PROFILE LWLQEDODQFHLVLPSRUWDQWIRUPDLQWDLQLQJ GROUP STRUCTURE AND SHAREHOLDERS 2 EDITORIAL OF THE BOARD OF DIRECTORS
WKHVWDELOLW\RIDOOHFRV\VWHPV7KDWLV 3 THE BOARD OF DIRECTORS OF WELEDA AG ZK\ZHDUHSXWWLQJVRPXFKHQHUJ\LQWR 4 THE EXECUTIVE BOARD OF WELEDA AG SUHVHUYLQJSURWHFWLQJDQGLQFUHDVLQJ 5 WELEDA’S SUSTAINABILITY PROGRAMME 6 WELEDA’S CLIMATE FOOTPRINT ELRGLYHUVLW\7KLVUHSRUWWHOOV\RXZKDW ZHGRH[DFWO\ WHAT MOTIVATES US 8 CLIMATE PROTECTION )RUH[DPSOHZHYDOXHKHDOWK\DQGOLYLQJ 22 HEALTHY SOILS 36 ETHICAL SOURCING VRLODQGPDNHVXUHZHXVHLWLQRXUPHGL 50 HEALTH FLQDOKHUEJDUGHQVDQGFXOWLYDWLRQSURMHFWV 64 BEAUTY
7KLVW\SHRIVRLOLVDOLYHVWRUHVFDUERQ 77 OUR COMMITMENTS AND GOALS DQGSURYLGHVRXUSODQWVZLWKDOOWKHDFWLYH FOR SUSTAINABILITY LQJUHGLHQWVWKH\QHHGWRWKULYH 2020 FINANCIAL STATEMENTS 99 WELEDA GROUP 117 WELEDA AG NOTES 132 ENVIRONMENTAL SUSTAINABILITY TABLE 135 EMPLOYEES TABLE 136 GLOBAL REPORTING INITIATIVE 137 CERTIFICATIONS 138 UEBT CERTIFICATION 140 CORPORATE GOVERNANCE 141 ADDRESSES 142 PUBLICATION DETAILS Annual and Sustainability Report 2020 The Weleda Group and Weleda AG ANNUAL AND SUSTAINABILITY REPORT 2020 Selected key figures Financial key figures Brief profile Net sales Employees Economy :HOHGDLVWKHZRUOGŇVOHDGLQJPDQXIDFWXUHURIFHUWLILHGQDWXUDO LQ(85 º 2020 2020 2019 2019 Change in % FRVPHWLFVDQGDQWKURSRVRSKLFSKDUPDFHXWLFDOV7KHSURGXFWSRUW 79 % in 1,000 EUR in 1,000 CHF ¹ in 1,000 EUR in 1,000 CHF ¹ 2020 / 2019 – 1.1 % female Natural and organic cosmetics 1,697 based on IROLRFRPSULVHVPRUHWKDQ1,000bSKDUPDFHXWLFDOVZRUOGZLGH EUR values º :HOHGD*URXSb– key figures DQGDZLGHUDQJHRIH[WHPSRUDQHRXVSKDUPDFHXWLFDOSUHSDUDWLRQV – 0.5 % male 815 1HWVDOHV Ő DVZHOODV120bQDWXUDODQGRUJDQLFFRVPHWLFV7KH\DUHGHYHORSHG º 1HWVDOHVQDWXUDODQGRUJDQLFFRVPHWLFV EDVHGRQDXQLTXHXQGHUVWDQGLQJRISHRSOHDQGQDWXUH)RUGHFDGHV – 1.2 % 1HWVDOHVSKDUPDFHXWLFDOV Ő º a glance at figures Key 2SHUDWLQJUHVXOW((%,7) ½ QHDUO\1,000bVXEVWDQFHVIURPQDWXUHKDYHIRUPHGWKHIRXQGDWLRQ 424,059 – 1.6 % 2,512 (%,7LQRIQHWVDOHV RIRXUSURGXFWVZKLFKFRQWULEXWHKROLVWLFDOO\WRWKHKHDOWKDQGZHOO &RQVROLGDWHGUHVXOWIRUWKH\HDU Ő EHLQJRISHRSOH &DVKIORZIURPRSHUDWLQJDFWLYLWLHV Weleda is represented on all five continents and 1HWDVVHWV² 21 % LQRYHUbFRXQWULHV ,QYHVWPHQWVLQLQWDQJLEOHDVVHWVDQGSURSHUW\ :HOHGDSURGXFWVDUHDYDLODEOHLQPRUHWKDQ50bFRXQWULHV7KHFRP SODQWDQGHTXLSPHQW Ő Pharmaceuticals )XOOWLPHHTXLYDOHQWV()7()DVDW'HFHPEHUst Ő SDQ\HPSOR\V2,512bSHRSOH¹ZRUOGZLGHWRGHYHORSSURGXFHDQG %DODQFHVKHHWWRWDO PDUNHWLWVSURGXFWV7KH6ZLVVVWRFNFRUSRUDWLRQKDVLWVKHDGTXDUWHUV EBIT ¸ 6KDUHKROGHUVŇHTXLW\ LQ(85 LQ$UOHVKHLP(6ZLW]HUODQG)DQGLWVODUJHVWEUDQFKLQ6FKZÉELVFK (TXLW\UDWLR + 40.3 % *PĚQG(*HUPDQ\)7KH*URXSIXUWKHUPRUHLQFOXGHV25bFRPSDQLHVLQ :HOHGD$*b– key figures 20bFRXQWULHV 5HVXOWIRUWKH\HDU 22,317 Page 89 6KDUHKROGHUVŇHTXLW\ 'LVWULEXWLRQLQRIQRPLQDOYDOXH ³ $QWKURSRVRSK\LQVSLUHVWKHYLHZRIWKHKXPDQEHLQJDQG Result for the year Investments Equity ratio ¹ $WEDODQFHVKHHWGDWHRUDYHUDJHUDWHVIRUWKH\HDU XQGHUVWDQGLQJRIQDWXUHWKDWLVDWWKHKHDUWRI:HOHGDŇVSXUSRVH LQ(85 in intangible assets and property, ² &DVKDQGFDVKHTXLYDOHQWVDQGVHFXULWLHVOHVVFXUUHQWDQGQRQFXUUHQWLQWHUHVWEHDULQJOLDELOLWLHV plant and equipment XQIROGKHDOWKDQGEHDXW\LQKDUPRQ\ZLWKKXPDQDQGQDWXUH ³ 3XUVXDQWWRWKHSURSRVDOPDGHE\WKH%RDUGRI'LUHFWRUVWRWKH*HQHUDO6KDUHKROGHUVŇ0HHWLQJRQ-XQHth LQ(85 º º ¸ – 40.8 % – 14.3 % + 0.9 percentage points Value added statement 2020 2020 2019 2019 Change in % in million in % in million in % 2020 / 2019 Group structure and shareholders 7,690 12,385 53.8 % EUR EUR bSHUFHQWRIWKHFDSLWDODQG bSHUFHQWRIWKHYRWLQJULJKWVRI:HOHGD$*DUHKHOGE\WZR Origin SULQFLSDOVKDUHKROGHUV WKH*HQHUDO$QWKURSRVRSKLFDO6RFLHW\($$*'RUQDFK6ZLW]HUODQG)DQG.OLQLN 5HYHQXH(VDOHVRWKHULQFRPHDQGLQWHUHVWLQFRPH) Ő $UOHVKHLP(.$$UOHVKHLP6ZLW]HUODQG)IRUPHUO\,WD:HJPDQ.OLQLN$*7KHUHPDLQLQJYRWLQJDQG Organic proportion Proportion Recycling pro- Proportion ,QSXW(FRVWRIPDWHULDOVFKDQJHVLQLQYHQWRU\ QRQYRWLQJVKDUHVDUHSXEOLFO\IORDWHG8QGHUWKHFRPSDQ\ŇVDUWLFOHVRILQFRUSRUDWLRQWKHUHJLVWHUHG of plant-based raw of renewable portion of primary of waste that GHSUHFLDWLRQDQGDPRUWLVDWLRQDQGRWKHULQSXWV) Ő Ő Ő materials electricity packaging is reused VKDUHVRI:HOHGD$*PD\EHWUDQVIHUUHGRQO\ZLWKWKHZULWWHQSHUPLVVLRQRIWKH%RDUGRI'LUHFWRUV Value added 180.5 182.7 Ő (cosmetics) RI:HOHGD$*$FTXLUHUVPXVWEHPHPEHUVRIWKH*HQHUDO$QWKURSRVRSKLFDO6RFLHW\'RUQDFK,Q RUGHUWREHYDOLGWKHWUDQVIHUVKDYHWREHUHJLVWHUHGLQWKHFRPSDQ\ŇVVKDUHUHJLVWHU 98 % Distribution 93 % ´ 7RHPSOR\HHV(HPSOR\HHLQFRPHDVZHOODV VRFLDOFRQWULEXWLRQVDQG3HQVLRQ)XQG) Ő ¸ ± 0 % Capital structure of Weleda AG ² 80 % + 0.5 % Changed calculation: 7RSXEOLFDXWKRULWLHV(WD[HV) based on the weight º 7RFKDULWDEOHRUJDQLVDWLRQV(GRQDWLRQV)SXUVXDQW Number of shares Nominal capital in CHF of all packaging – 0.4 % WRSDUDJUDSKb(3)RIWKHDUWLFOHVRILQFRUSRUDWLRQ produced including the 1RPLQDOUHJLVWHUHGYRWLQJVKDUHV&+)b closure system 7ROHQGHUV(LQWHUHVWH[SHQVH) 1RPLQDOUHJLVWHUHGYRWLQJVKDUHV&+)b 7RVKDUHKROGHUV(GLVWULEXWLRQ) ¹ QD 1RPLQDOUHJLVWHUHGYRWLQJVKDUHV&+)b 40 % 7RWKHFRPSDQ\(UHWDLQHGHDUQLQJV) Ő 1RPLQDOUHJLVWHUHGQRQYRWLQJVKDUHV&+)b ¸ Value added 180.5 100.0 182.7 100.0 – 1.2 Total nominal capital 14,250,000 + 3.0 % Reuse through For own production composting, repur- $OOLQIRUPDWLRQEDVHGRQDYHUDJHUDWHVIRUWKH\HDU&RPPHQWVWRWKHYDOXHDGGHGVWDWHPHQW VHHSDJH ¹ 1XPEHURISHUVRQVLQFOXGLQJWUDLQHHVDSSUHQWLFHVPDUJLQDOO\HPSOR\HGVWDIIYROXQWHHUV facilities of cosmetics and posing, recycling, st ¹ 3XUVXDQWWRWKHSURSRVDOPDGHE\WKH%RDUGRI'LUHFWRUVWRWKH*HQHUDO6KDUHKROGHUVŇ0HHWLQJRQ-XQHth ² 7KHVKDUHFDSLWDOLVIXOO\SDLG$VDW'HFHPEHUb WKHUHLVQHLWKHUDXWKRULVHGQRUFRQWLQJHQWVKDUHFDSLWDO Pharmaceutical products recovery, thermal use (YHU\UHJLVWHUHGYRWLQJVKDUHHQWLWOHVWKHEHDUHUWRDVLQJOHYRWHLQWKH*HQHUDO6KDUHKROGHUVŇ0HHWLQJ in CH/DE/FR: 100 % or other utilisation 1 ANNUAL AND SUSTAINABILITY REPORT 2020 ANNUAL AND SUSTAINABILITY REPORT 2020 Dear Readers The Board of Directors of Weleda AG :KHQ,ZURWHWKHIRUHZRUGWRWKHUHSRUWLQ0DUFKWKHFRURQDYLUXVSDQGHPLF KDGRQO\MXVWEHJXQVSUHDGLQJDFURVV(XURSHDQGWKHZRUOG,WKDVUDGLFDOO\FKDQJHGRXU KXPDQDQGVRFLDOOLYHV2QH\HDURQLWLVEHFRPLQJLQFUHDVLQJO\REYLRXVWKDWWKH SDQGHPLFLVQRWRQO\DPDMRUFKDOOHQJHEXWDOVRDZDUQLQJVLJQDODERXWRXUUHODWLRQVKLS ZLWKQDWXUH 7KHSDQGHPLFLVDFDOOIRUXVWRUHWKLQNWKLVUHODWLRQVKLSDQGWRIROORZXSZLWKDFWLRQV WKDWFRPHIURPDGHHSHQHGXQGHUVWDQGLQJRIQDWXUHDQGKXPDQOLIHRQHDUWK ň5HDOEHDXW\GRHVQRWQHHGD ,DPYHU\JUDWHIXOWRDOORXUHPSOR\HHV:RUNLQJWRJHWKHUWKH\KDYHPDQDJHGWRNHHS FRYHULQJFRVPHWLFEXWDWUDQVOXFHQWDQG :HOHGDRQFRXUVH,WKDVEHHQDPDVVLYHDFKLHYHPHQW:HKDYHDOVREHHQIRUWXQDWH KLJKOLJKWLQJbRQH,WKHOSVSHRSOH ň)RUEHDXW\DQGKHDOWKWRFRQVWDQWO\ WKDWRXUSURGXFWVKDYHEHHQDYDLODEOHDWDOOWLPHVLQHYHU\RQHRIWKHORFNGRZQVDQGRXU DSSHDUDVQDWXUHPHDQWWKHPWRDSSHDUʼn IORXULVKZHPXVWDOZD\VUHPDLQWUXH FXVWRPHUVKDYHUHPDLQHGOR\DO Paul Mackay, WRWKHEDVLFSULQFLSOHVRIWKLQNLQJIHHOLQJ Chairman of the Board of Directors DQGZLOOLQJHYHQDIWHUb\HDUVʼn 7KHFRPSDQ\KDVDJRRGELOORIKHDOWK:HDOVRSDVVHGLQJRRGHFRQRPLFVKDSH ň-RLHGHYLYUHYLWDOLW\DQGEHDXW\FRPH Elfi Seiler, pharmacist and co-owner of 7KLVPHDQVZHFDQWDFNOHWKHSURMHFWVZHKDYHFRPPLWWHGRXUVHOYHVWRZLWKFRQILGHQFH IURPVSLULWXDOVRFLDODQGELRORJLFDOGLYHUVLW\ WKH6Wb3HWHU3KDUPDF\LQ=XULFK 7KDWLVZK\ZHKDYHPDGHELRGLYHUVLW\WKHPDLQWRSLFRIWKLVUHSRUW7RPDNHWKLVWRSLF PRUHGLJHVWLEOHZHKDYHGLYLGHGWKHUHSRUWLQWRILYHVXEWRSLFV(DFKRIWKHVHVXEWRSLFV LVGLUHFWO\DQGLQGLUHFWO\UHODWHGWRELRGLYHUVLW\ ň6XVWDLQDELOLW\LVDWRSLFWKDW DOOFRPSDQLHVKDYHWRGHDOZLWKWRGD\ 7KHVXEWRSLFVDUH FOLPDWHSURWHFWLRQKHDOWK\VRLOVHWKLFDOVRXUFLQJRIUDZPDWHULDOV :HOHGDVWDUWHGRXWRQWKLV KHDOWKDQGEHDXW\:HKDYHDVNHGSHRSOHWRWDONDERXWHDFKVXEWRSLF7KH\KDYHWROG MRXUQH\b\HDUVDJRQRW\HVWHUGD\ʼn XVKRZWKH\VHHWKLQJVZKDWLQVSLUHVWKHPZKDWJLYHVWKHPKRSHEXWDOVRZKDW Monique Bourquin, WKH\H[SHFWIURPFRPSDQLHVOLNH:HOHGDWRVKDSHWKHIXWXUHVXVWDLQDEO\DQGHFRORJLFDOO\ Member of the Board of Directors :HWKHQUHSRUWRQZKDW:HOHGDKDVGRQHLVGRLQJDQGZLOOGRLQWKHUHVSHFWLYHDUHD ň'RLQJEXVLQHVVPHDQVGRLQJVRPHWKLQJ /HWRXUFRPPLWPHQWWRELRGLYHUVLW\KHOSXVEHFRPHPRUHDQGPRUHHPSRZHUHGWRDFKLHYH IRURWKHUVZKLFKLVZKDWPRWLYDWHVPH RXUPLVVLRQ 8QIROGKHDOWKDQGEHDXW\LQKDUPRQ\ZLWKKXPDQDQGQDWXUH 3URILWJLYHVDFRPSDQ\URRPIRUPDQRHXYUH ň)HUWLOHVRLOLVVRWRVSHDNZKHUH DQGPXVWQHYHUEHDQHQGLQLWVHOI 2 3 ANNUAL AND SUSTAINABILITY REPORT 2020 ANNUAL AND SUSTAINABILITY REPORT 2020 The Executive Board Weleda’s sustainability programme of Weleda AG Our sustainability programme 2018 to 2022, which applies to the entire Weleda Group worldwide, is in its fourth year. We are still pursuing our goals with the same rigour as we did in previous years, and are approaching the end point, which also represents a new beginning. We are already working on the follow-up programme for 2022 to 2025, which will focus even more on the most important impact areas. 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Weleda’s energy footprint is only a very small part (OHVVWKDQbSHU FHQW RILWVWRWDOFOLPDWHIRRWSULQW7KLVFRPSULVHVDURXQGbWRQQHVRI&2ƒHTXLYDOHQW(2019). The purpose of the climate balance sheet which this data is based on was to collect rapid, robust and decision- relevant climate data for all key areas. This balance sheet has not been externally validated yet. The figures IRU6FRSHbDUHDOVREDVHGRQHPSLULFDODQGDSSUR[LPDWHYDOXHV ZHKDYHDVVXPHGDIOXFWXDWLRQUDQJHRI ±bSHUFHQWIRUWKHHQWLUH6FRSHb%XWHYHQZLWKWKLVIOXFWXDWLRQUDQJHWKHRUGHUVRIPDJQLWXGHDUHVWLOO the same and therefore useful as a basis for taking action. 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It is the great challenge of our times but sadly not the only existential crisis we are having to face in the 21st century. There are, though, reasons to be hopeful. People all over the world are join- ing forces and getting involved. )8785(bb&/,0$7(bb7+28*+7/($'(5 “We’re the problem when it comes to climate change and it’s very difficult to portray ourselves as the enemy.” 0DULQHELRORJLVW$QWMH%RHWLXVFRQGXFWVUHVHDUFKRQ$UFWLF H[SHGLWLRQVLQWKHSRODULFHDQGWUDYHOVLQDVXEPDULQHLQWKHGHHSVHD 6KHGHDOVZLWKWKHFRQVHTXHQFHVRIPDQPDGHFOLPDWHFKDQJH ZKLOHDOVRFDOOLQJIRUTXLFNVROXWLRQVň+XPDQLW\PXVWVWDQGWRJHWKHU LQWKLVFULVLV:HRQO\KDYHRQHHDUWKʼn Ms Boetius, what exactly attracted you DJUHHQKRXVHJDVWKDWLVbWLPHVPRUHSRWHQW to the deep sea? WKDQ&2ƒLQWHUPVRIJUHHQKRXVHHIIHFWSHUPROH 0\FXULRVLW\:HNQRZRQO\DIUDFWLRQRIWKH FXOHb–DUHVWRUHGXQGHUZDWHUEXWLWEUHDNVGRZQ GHHSVHDZKLFKFRYHUVDOPRVWbSHUFHQWRIWKH PRUHTXLFNO\:KDWŇVLQFUHGLEOHLVWKDWGHVSLWHWKLV HDUWKŇVVXUIDFHZKLFKWKHUHIRUHPHDQVZHRQO\ KDUGO\DQ\RILWHVFDSHVIURPWKHVHD6RZKDW NQRZDERXWDIUDFWLRQRIOLIHRQHDUWK:HŇUHVWLOO KDSSHQVWRLW":HŇYHGLVFRYHUHGWKHUHDUHPLFUR DORQJZD\IURPH[SORULQJDOOWKHPRXQWDLQVWR RUJDQLVPVRQWKHVHDEHGVDOORYHUWKHZRUOGWKDW WKHH[WHQWZHKDYHGRQHRQODQGWDNLQJVDPSOHV HDWDQGEUHDNGRZQWKHPHWKDQH,IWKHVHPLFUR IURPWKHJURXQGHYHU\KXQGUHGVTXDUHNLOR RUJDQLVPVGLGQŇWH[LVWZHZRXOGKDYHDFRP PHWUHVbDQGGRFXPHQWLQJOLIHWKHUH%HFDXVHZH SOHWHO\GLIIHUHQWFOLPDWHLQGHHGDFRPSOHWHO\GLI KDYHFDPHUDVLQWKHGHHSVHDDQGDUHPRYLQJ IHUHQWHDUWK)RUDORQJWLPHZHVFLHQWLVWVKDYH Antje Boetius is a marine DURXQGWKHUHZLWKVXEPDULQHVZHNQRZWKDWWKH EHHQFRQGXFWLQJUHVHDUFKLQRXUGLVFLSOLQHVLQLVR researcher, a director of the Alfred Wegener Institute ODQGVFDSHXQGHUZDWHULVGLIIHUHQWHYHU\WR ODWLRQ7KLVHDUWKV\VWHPUHVHDUFKZKLFK,ŇP in Bremerhaven, a professor bNLORPHWUHVb–MXVWDVLWLVRQODQG LQWHUHVWHGLQGRHVQŇWMXVWGHDOZLWKWKHHDUWKDV at the University of Bremen DZKROHEXWDOVRORRNVDWLWDVDV\VWHPZLWK and a member of the German National Academy of Sciences You have been a regular part of Arctic KXPDQVDQGQDWXUHLQWHUDFWLQJZLWKHDFKRWKHUb– Leopoldina. Apart from the H[SHGLWLRQVVLQFH :KDWFKDQJHVKDYH WKLVDOVRLQFOXGHVFOLPDWHFKDQJH deep sea, she is researching the effects of climate change on you noticed? polar ice and therefore on life ,Q LWWRRNWKHLFHEUHDNHU3RODUVWHUQZHHNV On talk shows, you regularly criticise poli- on earth. She has received WRUHDFKWKH6LEHULDQVHDVDVWKHLFHZDVVRWKLFN ticians and their reluctance to protect the a number of awards, including the Federal Cross of Merit, $OPRVWb\HDUVODWHU,OHGDODUJHLQWHUQDWLRQDO FOLPDWH:KHQGLG\RXUHDOLVHLWZDVQŇWHQRXJK the German Environment Prize H[SHGLWLRQWKDWQHDUO\UHDFKHGWKH1RUWK3ROH,W to do research and provide data, that you and the Leibniz Ring. ZDVWKH\HDUZLWKWKHODUJHVWLFHPLQLPXPHYHU had to get involved in the political debate? :HKDYHEHHQZLWQHVVLQJVHDLFHORVVIRUPDQ\ $IWHUJLYLQJOHFWXUHVRURQWDONVKRZV,ZDV \HDUV7KDWVXPPHUZHFRXOGDFWXDOO\VHHWKHLFH EHLQJDVNHGIRUP\RSLQLRQDVDPDULQHUHVHDUFKHU YDQLVKEHIRUHRXUH\HV,Q WKHLFHZDVRQ DERXWRYHUILVKLQJRUFOLPDWHFKDQJH$QGWKLV DYHUDJHIRXUWRILYHPHWUHVWKLFN7RGD\LWLVOHVV ZDVKDSSHQLQJPRUHDQGPRUH2IFRXUVH,DOVR WKDQRQHPHWUH GRDORWRIUHVHDUFKLQWRWKHFOLPDWHLQDOOLWV IDFHWV0RVWSHRSOHOLYHZLWKWKHLUEDFNVWRWKHVHD It’s said the Arctic is like an early warning DQGGRQŇWWKLQNDERXWKRZWKHLUDFWLRQVRQODQG V\VWHPIRUFOLPDWHFKDQJH'LG\RXUREVHUYD- IRUH[DPSOHWKHSODVWLFWKH\FRQVXPHDIIHFWWKH tions in the Arctic Ocean draw you to the RFHDQV2YHUWKHSDVW\HDUV,ŇYHWKHUHIRUH topic of the climate? VKLIWHGP\UHVHDUFKPRUHLQWKLVGLUHFWLRQ 1RLWVWDUWHGHDUOLHUZKHQ,ZDVLQYROYHGLQDUH VHDUFKSURMHFWRQJDVK\GUDWHVLHIUR]HQPHWKDQH LQWKHVHD7KHELJJHVWVRXUFHVRIPHWKDQHb– 10 11 )8785(bb&/,0$7(bb7+28*+7/($'(5 “The 1.5 degree target was ambitious, SROOXWLRQZLOOGHFUHDVHLIZHWUDYHOZRUNDQGFRQ VXPHHQHUJ\GLIIHUHQWO\%XWLWŇVQRWDVROXWLRQRI but there is no real sign that we are on FRXUVH$URXQGWKHZRUOGZHKDYHDOPRVWVWRSSHG track to achieving it.” IO\LQJLQGXVWULDOSURGXFWLRQKDVQRVHGLYHGE\ bWRbSHUFHQWWUDIILFKDVSOXPPHWHGDQG\HW DFFRUGLQJWRSURMHFWLRQVZHRQO\VDYHGVL[SHU FHQW&2ƒLQWKHILUVWWZRPRQWKV:HFDQOHDUQDORW Politicians talk a lot about the climate, IURPWKLV)O\LQJOHVVDQGHDWLQJOHVVPHDWDUHQRW but every year we conclude that not enough HQRXJK:HQHHGDPDMRUWUDQVIRUPDWLRQDQHQ LVEHLQJGRQHDERXWLW'R\RXVRPHWLPHV HUJ\WUDQVLWLRQDQGWKHFRPSOHWHUHSODFHPHQWRI think about giving up? 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UHDOVLJQWKDWZHDUHRQWUDFNWRDFKLHYLQJLW$QG %RWKDUHJOREDOSUREOHPVWKDWUHTXLUHLQWHUQD WKHFRURQDYLUXVFULVLVXOWLPDWHO\FDPHDERXWEH WLRQDOFRRSHUDWLRQDQGWUDQVSDUHQF\b–\RXKDYH Antje Boetius has taken part in FDXVHZHKDYHEHHQWUHDWLQJQDWXUHZURQJO\,WŇV WREHDEOHWRWUXVWHDFKRWKHUWRLPSOHPHQW DWRWDORI bUHVHDUFKWULSVGXULQJ which she dived more than three VDGWKDWZHGLGQŇWXVHWKHNQRZOHGJHWKDWZH VROXWLRQVTXLFNO\:LWKFOLPDWHFKDQJHWRRVFLHQFH kilometres deep with submarines. KDYHPXFKHDUOLHU)RUH[DPSOHWKHUHŇVPRUHORJ LGHQWLILHGSUREOHPVHDUO\RQDQGFROOHFWHGDQG JLQJJRLQJRQWKDQHYHUEHIRUHLQWKHUDLQIRUHVWV DQDO\VHGGDWD7KHZKROHZRUOGKDVSULRULWLVHGWKH :HŇUHVORZLQJGRZQWKHSURFHVVRIWUDQVIRUPLQJ YLUXVVLQFHWKHSDQGHPLFVWDUWHG&OLPDWHFKDQJH WKHHQHUJ\V\VWHPWKDWSRZHUVWKHJOREDOHFRQ KDVQHYHUEHHQSULRULWLVHGLQWKLVZD\ RP\ZKLFKZHVRXUJHQWO\QHHG Why is that? What does this transformation involve )URPWKHJHWJRWKHPHVVDJHIURPSROLWLFLDQV exactly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efore the coronavirus crisis, the Fridays %DQJODGHVKVXIIHUHGDVKRFNLQJVWRUPDQGD for Future movement brought climate change WVXQDPLRIDOPRVWILYHPHWUHV5HVHDUFKHUVKDYH to our attention in a way that politics and EHHQZDUQLQJDERXWWKHLQFUHDVHIRU\HDUV7KH VFLHQFHKDGIDLOHGWRGREHIRUH:KDWFDQZH VXIIHULQJWKDWLVEHLQJFDXVHGE\PDQPDGHFOL learn from this movement? PDWHFKDQJHLVVLPSO\PLQGERJJOLQJ 2IFRXUVHZHDUHWRXFKHGZKHQFKLOGUHQDQG \RXQJSHRSOHJRRXWLQWRWKHVWUHHWVDQGVD\WR Will the crisis push climate protection off WKHDGXOWV ň 12 )8785(bb&/,0$7(bb7+28*+7/($'(5 IMEH ITUEN “Climate protection, as it is currently conceived, is geared towards protecting the most privi- OHJHGSHRSOH7UXHFOLPDWHMXVWLFHIRFXVHVbRQ WKHPRVWPDUJLQDOLVHGSHRSOH GHYHORSV climate action plans with them in mind and in collaboration with them. People from regions badly affected by climate change have been trying to make their voices heard for years through attention-grabbing actions. It is a fact that people have been dying from the conse- quences of the climate crisis for decades. That’s why it should be Fridays for Past and Present, not Fridays for Future. Even in the name of this movement there is, in a sense, a colonial amnesia.” ,PHK,WXHQUHVHDUFKHVJOREDOFOLPDWHSROLF\ DWWKH8QLYHUVLW\RI+DPEXUJ SOPHIA KIANNI “Seven years ago, I decided to become an advocate after witnessing the severe effects of environmental degradation in Iran. When I brought up my concerns with my relatives, I was disheartened when they informed me that they knew nothing about climate change. Determined to educate my Iranian family, I began to pore over FOLPDWHUHVHDUFK KRZHYHU,TXLFNO\UHDOLVHGWKDWWKHUHZDVQRLQIRUPDWLRQDYDLODEOH in Farsi, their native language. I worked diligently with my mom to translate climate research to help them understand the severity of the climate crisis, and then decided to start my nonprofit, Climate Cardinals, to continue making climate education more accessible. To solve climate change, we need everyone, everywhere to take action. Con- VXPHUVZDQWWRVKRSIURPHWKLFDOFRPSDQLHVWKDWDOLJQZLWKWKHLUYDOXHV FRUSRUDWLRQV must innovate to become more sustainable and equitable in order to ensure we are making progress on climate commitments.” 6RSKLD.LDQQLLVDFOLPDWHDFWLYLVWDQGIRXQGHURI&OLPDWH&DUGLQDOV )RUIXUWKHULQIRUPDWLRQYLVLW ZZZFOLPDWHFDUGLQDOVRUJ 14 )8785(bb&/,0$7(bb7+28*+7/($'(5 “I can see and feel the change and then draw new motivation and inspiration from it.” 3HRSOHHYHU\ZKHUHDUHDFWLYHO\ZRUNLQJDJDLQVWFOLPDWHFKDQJH DQGIRUDIXWXUHZLWKRXWIRVVLOIXHOV:KDWPRWLYDWHV5RE+RSNLQV WKHIRXQGHURIWKHZRUOGZLGH7UDQVLWLRQ7RZQPRYHPHQW" Mr Hopkins, you are constantly dealing Where does this lethargy about the future with the dangers of climate change and peak come from? RLO+RZGR\RXUHPDLQDQRSWLPLVW" 5LJKWQRZ,ŇPZRUNLQJRQDERRNDERXWWKHLPDJLQ 2IFRXUVHWKHUHDUHDOVRGD\VZKHQ,IHHOWKLQJV DWLRQ2QHRIWKHPRVWIDVFLQDWLQJDVSHFWVLVWKH DUHKRSHOHVVEXWDWWKHVDPHWLPH,KDYHDYHU\ QHXURVFLHQWLILFHYLGHQFHWKDWVKRZVWKDWZKHQ SULYLOHJHGSODFHZLWKLQWKH7UDQVLWLRQ7RZQPRYH ZHDUHVWUHVVHGVFDUHGRUWUDXPDWLVHGWKHKLSSR PHQW,ŇPULJKWDWWKHKXEVRWRVSHDNZKHUHDOO FDPSXVZKLFKLVVRUWRIPHPRU\DQGLPDJLQDWLRQ WKHVWRULHVRILQLWLDWLYHVIURPDOORYHUWKHZRUOG FHQWUHLQWKHEUDLQYLVLEO\VKULQNVLQVL]H Rob Hopkins is an environ- FRPHLQDQGKDUGO\DGD\JRHVE\ZKHUH,ŇPQRW mentalist and founder of the WKLQNLQJ :RZORRNZKDWŇVKDSSHQLQJDQGZKDW How should we counter the damage? worldwide Transition Town movement. The 51-year-old is SHRSOHDUHJHWWLQJXSWR 7KHFUXFLDOSLHFHRIWKHSX]]OHLQWKHPLGGOHKDV a lecturer, researcher and EHHQPLVVLQJIRUDORQJWLPH ZKDW,FDQDFKLHYH author of The Power of Just If you believe the majority of climate WRJHWKHUZLWKWKHSHRSOHDURXQGPH7KLVLVSUH Doing Stuff: How Local Action Can Change the World, (Green researchers, there’s almost no time left to FLVHO\ZKHUHWKHPRVWSRWHQWLDOOLHV,FDQZDON Books, 2013). WXUQWKHWLGH WKURXJK7RWQHVWRGD\DQGVHHWKHKXQGUHGVRI :KHQWKH,QWHUJRYHUQPHQWDO3DQHORQ&OLPDWH WUHHVWKDWZHŇYHSODQWHG,VHHKXQGUHGVRIVRODU &KDQJHDQQRXQFHGLQLWVODVWFOLPDWHUHSRUWWKDW SDQHOVRQWKHURRIVWKDWZHUHQŇWWKHUHEHIRUH ZHQHHGHGLPPHGLDWHIDUUHDFKLQJFKDQJHLQ ,FDQVHHDQGIHHOWKHFKDQJHDQGWKHQGUDZQHZ DOOSDUWVRIVRFLHW\ZHVKRXOGKDYHEHHQHXSKRULF PRWLYDWLRQDQGLQVSLUDWLRQIURPLW LQRXUUHVSRQVH ň)DQWDVWLFZHFDQUHWKLQNHYHU\ WKLQJDQGOHWRXULPDJLQDWLRQVUXQZLOGʼn,QVWHDG What skills do we need to equip ourselves DVDVRFLHW\ZHKDYHWHQGHGWRUHVSRQGZLWK for a future without fossil fuels? IUXVWUDWLRQDQGOHWKDUJ\ ,Q)UHQFKWKHUHLVWKHZRQGHUIXOZRUGňEULFRODJHʼn ZKLFKFRPHVIURPWKHYHUEňEULFROHUʼn(ňWRWLQNHUʼn) DQGGHVFULEHVWKHDELOLW\WRPDNHWKHEHVWRIZKDW RQHKDVDWKDQG)RUPHWKLVLVRQHRIWKHPRVW LPSRUWDQWVNLOOVZHQHHGWRFXOWLYDWHRXULPDJLQ DWLRQPRUHDJDLQ:HQHHGWRUHGXFHRXU&2ƒ HPLVVLRQVE\WHQSHUFHQWHYHU\\HDU")DQWDVWLF OHWŇVWKLQNDERXWDOOWKHJUHDWWKLQJVZHFRXOGGR WRPDNHWKLVFRPHDERXW7KLVLVH[DFWO\bWKH PHQWDOLW\ZHQHHG:HPXVWDOOEHFRPHPDVWHUV RIEULFRODJH “We need to reduce our CO emis- ² sions by ten per cent every year? Fantastic, let’s think about all the great things we could do to make this come about.” 17 )8785(bb&/,0$7(bb:(/('$Ň65(63216,%,/,7< ONE MILLION TREES 3ODQWLQJDWUHHLVRIWHQDV\PEROLFDFWb– against climate change Figures from the and for biodiversity. Our branch in the UK works with the non-profit Weleda world organisation Treesisters for this purpose. The goal is ambitious: plant one million trees where they are most needed. Treesisters sup- ports reforestation projects around the globe. Besides their positive impact on the climate, trees prevent flooding and erosion and protect natural habitats for humans and animals. The organisation works in particular with initiatives led by women. So far Treesisters has 10,000 SODQWHGDOPRVWbWUHHVZLWK:HOHGDŇVVXSSRUW tonnes of For further information, visit: ZZZWUHHVLVWHUVRUJ &2ƒHTXLYDOHQWSHU\HDULVDURXJKHVWLPDWH RIWKHHQHUJ\UHODWHGFOLPDWHIRRWSULQWRIWKH HQWLUH:HOHGD*URXS(6FRSHbDQG6FRSHb) )URPZHZLOOEHDULWKPHWLFDOO\FOLPDWH QHXWUDOKHUH DR STEFAN SIEMER Head of 100,000 Corporate Sustainability tonnes of &2ƒHTXLYDOHQWSHU\HDULVDURXJKHVWLPDWHRIWKH 2XUXQGHUVWDQGLQJRIFOLPDWHSURWHF SURGXFWUHODWHGFOLPDWHIRRWSULQWRIWKHHQWLUH WLRQbLVDYHQWXUH:HNQRZWKDWZKHQLW :HOHGD*URXS(LQFOXGLQJHQHUJ\))URPZH FRPHVWRFOLPDWHRXUUHVSRQVLELOLW\ ZLOOEHDULWKPHWLFDOO\FOLPDWHQHXWUDOKHUH GRHVQRWVWRSDWWKHIDFWRU\JDWHRUZLWK RXURZQSURGXFWVb–DQGZHZDQWWRPDNH WKLVH[WHQGHGFRUHVSRQVLELOLW\WUDQV SDUHQWGHVSLWHLWVFRPSOH[LW\,IZHUHDOO\ 107,386 ZDQWWRPDNHDELJGLIIHUHQFHZHQHHG kilometres FRPSOHWHO\QHZFOLPDWHSURWHFWLRQLGHDV IRURXUFRQVXPHUVDQGHPSOR\HHVDQGIRU ZHUHF\FOHGDQGZDONHGE\:HOHGDHPSOR\HHV RXUILQDQFHV%\ZHZDQWWRUHGXFH LQDORQHLQRXU%LNHWR:HOHGDSURJUDPPHb– GHVSLWHWKHORFNGRZQLQPDQ\FRXQWULHV DQGRIIVHWRXUWRWDOFOLPDWHIRRWSULQWE\ bWRQQHVRI&2ƒ7RUHDFKSHRSOH FOLPDWHDOVRQHHGVDFRQFUHWHWDQJLEOH WUDQVODWLRQ7KDWLVZK\DOO:HOHGDSURG XFWVZLOOEHDULWKPHWLFDOO\FOLPDWHQHX 20 WUDOIURP7KLVZLOOJLYHRXUFXVWRP times HUVWKHRSSRUWXQLW\WRDFWLYHO\SURWHFW WKHFOLPDWHE\XVLQJ:HOHGDSURGXFWV 7KLVLVKRZPXFKEHWWHULWLVIRUWKHFOLPDWHLIWKH ERG\RLOVIURPRXUňXQSDFNHGʼnSLORWSURMHFWDUH ILOOHGLQWKHLURZQUHXVDEOHFRQWDLQHUVFRPSDUHG ZLWKWKHDOUHDG\VXVWDLQDEOHJODVVSDFNDJLQJRI DQHZSURGXFW:HYHU\PXFKKRSHWKDWWKLVSLORW SURMHFWZLOOSURYHYHU\SRSXODUVRWKDWZHFDQ SURGXFHPRUHXQSDFNHGSURGXFWVLQWKHIXWXUH 18 19 )8785(bb&/,0$7(bb:(/('$Ň65(63216,%,/,7< 100 PER CENT CLIMATE-NEUTRAL ENERGY SUPPLY AT THE HEADQUARTERS IN ARLESHEIM 7KHSODQQHGVZLWFKWRbSHUFHQW6ZLVVELRJDVLQPHDQVWKDW$UOHVKHLP ZLOOXVHbSHUFHQWUHQHZDEOHHQHUJ\LQDOORILWVRZQEXLOGLQJVLQWKHIXWXUH including production. The energy mix consists of locally produced biogas, district heating from a wood chip heating network in the neighbourhood, locally produced and self-generated green electricity and geothermal energy. 100 PER CENT CLIMATE-NEUTRAL BUSINESS IN BENELUX :HOHGD%HQHOX[KDVEHHQFRP SOHWHO\bFDUERQQHXWUDOVLQFH,W KDVDFKLHYHGWKLVWKURXJKDUDQJH RIPHDVXUHV bSHUFHQWUHQHZDEOH HOHFWULFLW\RQJRLQJHIILFLHQF\LP SURYHPHQWVLWVRZQVRODULQVWDOODWLRQV DQGHOHFWULFFDUVDQGRIIVHWWLQJWKH UHPDLQLQJFOLPDWHIRRWSULQW 21 )8785(bb62,/6 HEALTHY SOILS Very often we treat our soil like dirt. Year after year, we are losing valuable soil because of deforest- ation, erosion and sealing, soil that we actually XUJHQWO\QHHGb– for biodiversity, climate protection and the cultivation of food. )8785(bb62,/6bb7+28*+7/($'(5 “We have to start using more natural processes again.” 3HRSOHDUHPRYLQJIXUWKHUDQGIXUWKHUDZD\IURPQDWXUH \HWWKH\DUHSDUWRILWDQGRQO\QHHGWREHDEOHWRGHFLSKHU LW'DYLG+ROPJUHQWKHIRXQGHURISHUPDFXOWXUHEHOLHYHV WKDWZHFDQOHDUQWROLYHGLIIHUHQWO\ZKHQWKHQHHGDULVHV Mr Holmgren, permaculture and the Fridays SHRSOHKRZHYHUKDYHIRUJRWWHQWKLV7KH\UHO\ for Future movement basically want the RQVRPHRQHHOVHWRH[SODLQWKLQJVWRWKHPWKH\ same things: sustainable living and economic KDYHWRUHDGLWLQERRNV DFWLYLW\WRSURWHFWQDWXUH:KLOH)ULGD\VIRU Future has grown bigger and bigger in recent When did we start to move away from years, permaculture has been less promi- nature? QHQW:KDWFDQSHUPDFXOWXUHOHDUQIURPWKH 7KHGHYHORSPHQWRIPRGHUQDJULFXOWXUHDQG David Holmgren is the co- current environmental movement? JUDLQFXOWLYDWLRQEHJDQb\HDUVDJR6LQFH founder of the permaculture concept first published in 7KHFOLPDWHVWULNHVDUHPRUHUDGLFDOWKDQWKHLGHD WKHQDJULFXOWXUHKDVGHYHORSHGIXUWKHUDQG 1978. It is based on observing RISHUPDFXOWXUH:KLOHUDGLFDOHQYLURQPHQWDOLVP IXUWKHUDZD\IURPQDWXUHb–DQGVRKDYHZH ecosystems and cycles in WULHVWRVWRSRWKHUSHRSOHRUV\VWHPVIURPGRLQJ nature and mimicking them for agriculture and horticulture. FHUWDLQWKLQJVSHUPDFXOWXUHIRFXVHVRQWKH 7RGD\DJULFXOWXUHLVDKLJKWHFKLQGXVWU\ He has been living on his per- SRVLWLYHLQWKHSULYDWHVSKHUHLQWKHKRXVHKROG 2QWKHRQHKDQG\HV2QWKHRWKHUKDQGDQ maculture farm Melliodora in Australia since the eighties. His 7KHDGYDQWDJHRIUDGLFDOHQYLURQPHQWDOPRYH HFRORJLFDOORFDOIRRGSURGXFWLRQKDVHPHUJHGLQ latest book: RetroSuburbia: PHQWVLVWKHVROLGDULW\WKDWLVFUHDWHG SDUDOOHOLQZKLFKWUDGLWLRQDOROGSODQWYDULHWLHV The Downshifter’s Guide to a DUHEHLQJFXOWLYDWHGDJDLQ,DPFRQYLQFHGWKDWZH Resilient Future (Melliodora Publishing, 2018). Is interest in permaculture growing again QHHGWRXVHPRUHQDWXUDOSURFHVVHVDJDLQLQVWHDG thanks to Fridays for Future? RISXVKLQJWKHERXQGDULHVIXUWKHUDQGIXUWKHU ,REVHUYHDJDLQDQGDJDLQWKDWSHRSOHZKRILJKW )RUH[DPSOHWKURXJKJHQHWLFHQJLQHHULQJZKLFK SDVVLRQDWHO\WRFKDQJHWKHZRUOGHYHQWXDOO\JHW PDQLSXODWHVQDWXUHWRWKHKLJKHVWGHJUHH:H EXUQWRXWEHFDXVHWKHFKDQJHGRHVQŇWKDSSHQ KDYHWRPDNHDPHQGVXOWLPDWHO\QDWXUHLVLQFRQ IDVWHQRXJKIRUWKHP6RPHRIWKHPILQGWKHLUZD\ WURO7KHGHSOHWLRQRIIRVVLOIXHOVPHDQVWKHHQG WRSHUPDFXOWXUHEHFDXVHWKH\FDQLPSOHPHQW RIRXUSRZHURYHUQDWXUH WKHLULGHDVWKHUHLQSULYDWH3HUPDFXOWXUHWHFKQRO RJLHVDUHLQGHHGXVHGLQGHPRQVWUDWLRQVDQG DFWLYLVWFDPSVDOVRE\)ULGD\VIRU)XWXUH)RUH[ DPSOHFRPSRVWLQJWRLOHWVDUHRIWHQLQVWDOOHGLQ WKHVOHHSLQJTXDUWHUVDWFDPSV You once said that a permaculture farmer VSHQGVbSHUFHQWRIKLVWLPHWU\LQJWR XQGHUVWDQGQDWXUH:KDWGR\RXOHDUQIURP observing the environment? ,OLNHFRPSDULQJLWWRERG\ODQJXDJH:HFDQ UHDGERG\ODQJXDJHDQGWKXVRWKHUSHRSOH6RPH SHRSOHDUHHYHQSDUWLFXODUO\JRRGDWLW,WLVVLPL ODUbWRQDWXUH 24 )8785(bb62,/6bb7+28*+7/($'(5 Permaculture is most often associated “The fact is that the current form of ZLWKVPDOOKRPHJDUGHQV&DQSHUPDFXOWXUH agriculture cannot feed the world feed humanity? 3HUPDFXOWXUHFDQQRWIHHGFLWLHVZLWKWHQPLOOLRQ for much longer, precisely because LQKDELWDQWVLWLVQRWGHVLJQHGIRUWKDW,WLVSRV it is not sustainable.” VLEOHEXWIRUWKLVWRKDSSHQODUJHDUHDVRIODQG WDNHQRYHUE\LQGXVWULDODJULFXOWXUHZRXOGKDYH WREHFRQYHUWHGWRSHUPDFXOWXUHDQGPDQ\SHRSOH ZRXOGKDYHWROHDYHWKHFLWLHVDQGPRYHWRUXUDO DUHDV7KHUHDUHVWXGLHVWKDWVKRZWKDWSHUPDFXO WXUHSURGXFHVH[FHOOHQW\LHOGV KLJKHU\LHOGVDUH SRVVLEOHWKDQLQFRQYHQWLRQDOIUXLWDQGYHJHWDEOH OXWHWKHSODQHWLQWKHSURFHVV%XWWKH\ZRXOGQŇW FXOWLYDWLRQ7KHRQO\WKLQJLVWKDWFRQYHQWLRQDO VHOODQ\WKLQJLISHRSOHGLGQŇWZDQWLW DJULFXOWXUHFDQQRWLPDJLQHGRLQJZLWKRXWIHUWLO LVHUVDQGVSUD\V%XWWKHIDFWLVWKDWWKHFXUUHQW Many are calling for a sustainable new IRUPRIDJULFXOWXUHZLOOQRWEHDEOHWRIHHGWKH EHJLQQLQJLQWKHSRVWSDQGHPLFZRUOG ZRUOGIRUPXFKORQJHUSUHFLVHO\EHFDXVHLWLVQRW Is the crisis an opportunity for positive VXVWDLQDEOH change and a turnaround? $EVROXWHO\DQGSDUWO\EHFDXVHSHRSOHDUHVWXFN What do you mean by that? DWKRPHGXHWRVRFLDOGLVWDQFLQJDQGLVRODWLRQ ,QRUGHUWRSURGXFHFKHDSIRRGLQGXVWULDODJUL 0DQ\SHRSOHKDYHUHDOLVHGKRZSRRUWKHLUKRPHV FXOWXUHGHVWUR\VVRLOVLVGHPRQVWUDEO\UHVSRQVLEOH DUHb–QRWQHFHVVDULO\LQILQDQFLDOWHUPV%XWSRRU IRUWKHORVVRIVSHFLHVDQGGHSOHWHVUHVRXUFHV LQWHUPVRIKRZOLWWOHWKH\FDQWDNHFDUHRIWKHP 7RIHHGWKHZRUOGZHQHHGWRGHVLJQDQHZV\V VHOYHVKRZOLWWOHFUHDWLYLW\WKH\KDYHZKHQLW WHPDQGSHUPDFXOWXUHFDQFRQWULEXWHDORW$W FRPHVWRPDQDJLQJHYHU\GD\OLIH)RUSHRSOHSUDF WKHPRPHQWKRZHYHUVPDOOIDUPVWKDWIHHGIDP WLVLQJSHUPDFXOWXUHJURZLQJWKHLURZQIRRGLQ LOLHVDQGVXSSO\ORFDOPDUNHWVVWLOOKDYHDYHU\ DVWURQJKRPHFRPPXQLW\DQGRUJDQLVLQJWKLQJV ELJSDUWWRSOD\LQKRZWKHZRUOGLVIHG7KH\GRQŇW UDWKHUWKDQMXVWEHLQJSDUWRIWKHRYHUDOOHFRQ FDOOZKDWWKH\GRSHUPDFXOWXUHEXWWKH\DSSO\ RP\UHVWULFWLRQVRQZKHUHWKH\FDQJRDUHQRW HOHPHQWVRILW0XFKPRUHRIWKDWLVSRVVLEOHWR VXFKDELJSUREOHP DFKLHYH The idea of humanism has been part of the Does permaculture also work in cities? SHUPDFXOWXUHFRQFHSWIURPWKHEHJLQQLQJ 6LQFHWKHHDUO\EHJLQQLQJVRISHUPDFXOWXUHWKHUH How does this philosophy still inspire you KDVEHHQDJUHDWLQWHUHVWLQKRZSHUPDFXOWXUHFDQ today? EHDSSOLHGLQFLWLHV0DUJULWDQG'HFODQ.HQQHG\ 7KHLGHDWKDWKXPDQVDUHWKHSUREOHPDQGGH WZRDUFKLWHFWVWRRNRQHRIWKHILUVWFRXUVHVZLWK VWUR\QDWXUHLVURRWHGLQHQYLURQPHQWDOWKLQNLQJ %LOO0ROOLVRQDQGZRUNHGRQJUHHQLQJUHVLGHQWLDO ,QWKHKXPDQLVWLGHDWKHKXPDQEHLQJFDQEH EXLOGLQJVLQ%HUOLQLQWKH V:KHQWKH\KHDUG SDUWRIWKHVROXWLRQDQGQRWMXVWSDUWRIWKHSURE DERXWWKHSHUPDFXOWXUHLGHDWKH\DGRSWHGRXUSULQ OHP$SRVLWLYHDQGPRWLYDWLQJWKRXJKW,DP FLSOHVIRUWKHLUZRUN7KLVLVRQHZD\ZHFDQFKDQJH ILUPO\FRQYLQFHGRIWKLVWRWKLVGD\ DQGDGDSWFLWLHVWRDSSO\SHUPDFXOWXUH,QFLWLHV LQWHUSHUVRQDOLVVXHVDUHDOVRLQYROYHGZKLFKDUHGLV FRQQHFWHGIURPDJULFXOWXUH)RUH[DPSOHKRZZH RUJDQLVHRXUFRPPXQLW\LQDVXVWDLQDEOHZD\ Where do you see the greatest responsibility IRUFOLPDWHSURWHFWLRQb– in the political arena, with companies or with each individual? 7KHUHDUHWZRRSSRVLQJYLHZVRQWKHVXEMHFW ILUVWO\WKDWHYHU\RQHLVDFRQVXPHUDQGVXSSRUWV David Holmgren’s farm Melliodora DV\VWHPZLWKHYHU\SXUFKDVH$QGWKHUHLVWKH is regarded a prime example of permaculture and attracts interested YLHZWKDWDKDQGIXORIFRPSDQLHVDUHUHVSRQVLEOH people from all over the world. IRUDOOWKHSROOXWLRQ2IFRXUVHFRPSDQLHVPDNH SURGXFWVIRUWKHURXJKO\WZRELOOLRQSHRSOHZKR EHORQJWRWKHPLGGOHFODVVZRUOGZLGHDQGSRO 26 27 )8785(bb62,/6bb7+28*+7/($'(5 ANA DE LIMA ň$GLYHUVHDQGOLYLQJVRLOLVWKHEDVLVRIDKHDOWK\HFRV\VWHP 7RSURWHFWWKLVGLYHUVLW\ZHVXSSRUWWKHSHRSOHZKROLYHRQWKLVVRLO ,QWKLVZD\ZHDUHGHIHQGLQJWKH$PD]RQDJDLQVWWKHRYHUH[SORL WDWLRQbRIQDWXUH7RGRWKLV\RXKDYHWRXQGHUVWDQGFRPSOH[ORFDO VWUXFWXUHVDQGHQFRXUDJHWKHSRSXODWLRQWREHFRPHDFWLYHWKHP VHOYHV3URPRWLQJUHJHQHUDWLYHDJULFXOWXUHDVZHGRPD\EHDUHODWLYHO\ VPDOOOHYHUEXWLWFDQKDYHDELJHQYLURQPHQWDODQGVRFLDOLPSDFWʼn $QDGH/LPDWKURXJKKHURUJDQLVDWLRQ0HOL%HHVSURPRWHVUHJHQHUDWLYHDJULFXOWXUDOSUDFWLFHVLQLQGLJHQRXVFRPPXQLWLHV OLYLQJLQYXOQHUDEOHDUHDVDURXQGWKH$PD]RQ)RUIXUWKHULQIRUPDWLRQYLVLW ZZZPHOLEHHVRUJ IVO DEGN “Anyone who grew up in the country knows how good it feels to get their hands dirty. Our soils are literally the foundation of our lives. As is so often the case, we lose sight of it precisely because it is so important. By working with the Farm-Food- Climate programme, we aim to deeply embed appreciation for the issue in society. How can we value agriculture’s crucial contribution to our soils? How can we implement an agricultural economy that protects soils, ecosystems and the climate on a practical scale? How can we distribute food in such a way that all actors in the value chain win? How can the political course be set so that we are not only sustainable but also regen- erative? Seeing how strongly the issue of healthy soils moves a broad alliance of public and private actors and brings them to act together inspires me every day.” Ivo Degn is involved with Project Together’s Farm-Food-Climate Challenge, a platform for working together to find ideas and solutions to shape the agri-food sector of tomorrow. For further information, visit: ZZZSURMHFWWRJHWKHURUJIDUPIRRGFOLPDWHFKDOOHQJH )8785(bb62,/6bb7+28*+7/($'(5 “Diversity means stability.” *HRJUDSKHU6WHIDQ6FKZDU]HUZDQWVWRXVHUHJHQHUDWLYHDJULFXOWXUH WRWU\WRVDYHWKHFOLPDWH,QWKHHFRYLOODJH7HPSHOKRILQ*HUPDQ\ KHGHPRQVWUDWHVZKDWWKHDJULFXOWXUHRIWKHIXWXUHFRXOGORRNOLNH Mr Schwarzer, the soil in Tempelhof is FRQVLGHUHGGLIILFXOWWRFXOWLYDWHb– how do you support soil life? %\SURPRWLQJWKHV\PELRWLFUHODWLRQVKLSEH WZHHQbSODQWVDQGVRLOOLIH6RLOOLIHDFWVDVWKH SODQWŇVOLYLQJQXWULHQWSRROb–ZKHQLWQHHGV PLQHUDOVWKH\DUHDOZD\VDYDLODEOH$QGWKLVLQ WXUQOHDGVWRDKHDOWK\SODQWZLWKDKLJKQXWULHQW GHQVLW\:HWU\WRVXSSRUWWKLVPLOOLRQ\HDUROG V\PELRVLVE\NHHSLQJWKHVRLOFRYHUHGZLWKOLYLQJ SODQWVDVPXFKDVSRVVLEOHZLWKJUHHQPDQXUH DQGPL[HGFXOWLYDWLRQEXWDOVRZLWKňZHHGVʼn ZKLFKDFKLHYHWKHVDPHHIIHFWLIWKH\DUHQRW FOHDUHGRXW What is “constructive” in this method? 7RGD\PDQ\QDWXUDOUHVRXUFHVVXFKDVVRLO ELRGLYHUVLW\RUJURXQGZDWHUDUHGHJUDGHGDQG KHDYLO\RYHUH[SORLWHG7ROHDYHDKHDOWK\HDUWKb– LQERWKVHQVHVb–IRUIXWXUHJHQHUDWLRQVZHQHHG WRUHEXLOGUHVRXUFHV SODQWWUHHVSURYLGHIRRG DQGKDELWDWIRULQVHFWVDQGELUGVEXLOGXSWKHVRLO Can regenerative agriculture also be used Stefan Schwarzer is a phys- LQFUHDVHZDWHULQILOWUDWLRQLQWRWKHVRLODQGWKXV in the home allotment garden? ical geographer and perma- culture designer living in the DOVRFRXQWHUDFWIORRGLQJDQGUHSOHQLVKJURXQG 2IFRXUVHIRUH[DPSOHE\FRYHULQJWKHVRLOZLWK HFRYLOODJH7HPSHOKRIb+H ZDWHUVXSSOLHV PXOFKDQGDGGLQJJRRGFRPSRVWWKDWIHHGVWKH works for the United Nations VRLOOLIH$QGE\GHOLEHUDWHO\SURPRWLQJWKHGLYHU Environment Programme in Geneva, where he deals with Why can carbon dioxide be stored in the soil VLW\RISODQWV'LYHUVLW\PHDQVVWDELOLW\LQWKH global environ mental issues. by building up humus? V\VWHP DYRUDFLRXVLQVHFWWKDWORYHVFDUURWVZLOO His main objective is to link global goals with local actions. 3ODQWVDEVRUE&2ƒIURPWKHDLUDQGFRQYHUWLW QRWEHDEOHWRVSUHDGDVIDULILWVQDWXUDOHQHPLHV LQWRFDUERQ7KH\SXPSPXFKRILWLQWRWKHVRLO DUHDURXQG%HQHILFLDORUJDQLVPVFDQEHVXSSRUWHG WRQRXULVKWKHVRLOOLIH7KLVLQWXUQLVDOVRPDGH E\SODQWLQJKHGJHVVKUXEVRULQVHFWKRWHOV XSRIFDUERQDQGDGGLWLRQDOPLQHUDOV%DFWHULDFDQ PXOWLSO\UDSLGO\b–ZKHQWKH\GLHRUJDQLFPDWWHU EXLOGVXSLQWKHVRLO KXPXV,IWKHURRWVRIKDUYHVW HGSODQWVDUHOHIWLQWKHVRLOLWUHPDLQVDVVWRUHG ELRPDVV6RLORUJDQLVPVFRPSRVWWKHPDQGZRUN WKHPIXUWKHULQWRWKHVRLO 30 )8785(bb62,/6bb:(/('$Ň65(63216,%,/,7< Figures from the Weleda world 7 billion living beings DUHIRXQGRQDYHUDJHLQRQHNLORRIVRLO$PRQJ WKHPDUHORWVRISURWR]RDEDFWHULDDQGIXQJLEXW DOVRZRUPVLVRSRGVDQGDUWKURSRGV 50 % PIERREPIERRE KKAPPLERAPPLER &2ƒ Head Gardener Switzerland/ France LVERXQGLQRXUVRLOVZRUOGZLGH6RLOVDUH FOLPDWHSURWHFWRUVb–DIWHUWKHRFHDQVWKH\DUH WKHODUJHVW&2ƒUHVHUYRLU 7KHJURXQGEHQHDWKRXUIHHWXQIRUWX QDWHO\GRHVQRW\HWJHWWKHDWWHQWLRQLW GHVHUYHV(YHU\\HDUZHORVHDQDUHD RIDURXQGbPLOOLRQIRRWEDOOSLWFKHVRIVRLO WKURXJKGHIRUHVWDWLRQVODVKDQGEXUQ 2,000 DQGVHDOLQJDPRQJRWKHUWKLQJV&RQYHQ years WLRQDODJULFXOWXUHLVIXUWKHUGHSOHWLQJ DUHQHHGHGIRUWHQFHQWLPHWUHVRIKHDOWK\VRLO WKHVRLOVWKHKXPXVDQGQXWULHQWFRQWHQW WRHPHUJHQDWXUDOO\ LVGHFOLQLQJ$FFRUGLQJWRHVWLPDWHVZH ZLOOVRRQQRORQJHUEHDEOHWRJURZIRRG RQDODUJHSDUWRIRXUVRLOV%LRG\QDPLF DJULFXOWXUHDVSUDFWLVHGE\:HOHGDLQLWV HLJKWPHGLFLQDOSODQWJDUGHQVKDVEHHQ 24 billion FRXQWHUDFWLQJWKLVZLWKLWVUHJHQHUDWLYH tonnes of PHWKRGVIRUDOPRVWb\HDUV:HGRQŇW VRLOLVORVWWRHURVLRQHYHU\\HDU SRLVRQWKHVRLO,QVWHDGZHIRVWHUKXPXV HOW WE IMPROVE THE SOIL IRUPDWLRQDQGLQFUHDVHVRLOIHUWLOLW\LQ The soil is the start and the finish of everything that happens in DQDWXUDOZD\ the garden. In our medicinal plant gardens we experiment and learn every day how to make the soil healthier and more fertile. We pass on this knowledge to our cultivation partners all over the world. We compost plant residues and cow dung and give the soil its own nutrients back. Bushes and shrubs protect against erosion. Our garden in the Netherlands, for example, was full of clay soil at the begin- QLQJbDQGQRWKLQJZRXOGJURZRQLW6LQFHWKHWUHDWPHQWZLWKELRG\- namic preparations, we have been growing healthy plants here. Because the plants of tomorrow grow in the soil of today. 32 )8785(bb62,/6bb:(/('$Ň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verything that grows and thrives on our own plots and fields we cultivate biodynamically. With various natural methods we try to keep the soil healthy and alive and to strengthen it. For example, by using green manure. As a catch crop, legumes such as red clover bridge the time that lies between two crops. They absorb nitrogen from the air, convert it into food for soil organisms and protect against sun, wind and rain. In this way, they naturally prevent the soil from eroding. 34 35 )8785(bb6285&,1* ETHICAL SOURCING Global supply chains are complex and often not transparent. For outsiders, it is almost impossible to track them: compliance with social and ecological standards is still rare. But with our supply chains, we can make an enormous contribution to people and nature. )8785(bb6285&,1*bb7+28*+7/($'(5 “We need an economic model that is oriented towards the limits of the earth’s capacity and towards justice and the common good.” )RU9DQGDQD6KLYDWKHSULQFLSOHVRIELRGLYHUVLW\DUHWKHEDVLVRI WUXHGHPRFUDF\7KHFKDULVPDWLF,QGLDQSK\VLFLVWDQGDFWLYLVWLVKLJKO\ FRQFHUQHGDQGLVFDOOLQJIRUFLYLOGLVREHGLHQFH Ms Shiva, you are calling for civil dis- Why are healthy seeds so important? REHGLHQFH'RHVWKLVJLYHH[SUHVVLRQWR\RXU 6HHGVDUHELRGLYHUVLW\%XWLWLVQRZDQXQIRUWX deep inspiration from Mahatma Gandhi? QDWHIDFWWKDWWKHDJURFKHPLFDOLQGXVWU\ZLWK 7KDWLVDEVROXWHO\FRUUHFW*DQGKLFRLQHGDQGJDYH LWVGULYHWRFRQWURODJULFXOWXUHLVGHVWUR\LQJWKH OLIHWRWKHWHUPVDW\DJUDKDIRUWKLV,QP\DFWLYLVW HQRUPRXVGLYHUVLW\RIRXUVHHGV)RUH[DPSOH OLIHVDW\DJUDKDLVWKHFHQWUDOWKHPH7KLVPHDQV WKRXVDQGVRIPDL]HYDULHWLHVZHUHEUHGIURPWKH ILJKWLQJDJDLQVWXQWUXWKVZLWKFLYLOGLVREHGLHQFH ZLOGSODQWWHRVLQWHE\WKHLQGLJHQRXVSHRSOHVRI /LHVOLNHWKHRQHWKDWDJURFKHPLFDOVFDQIHHGWKH /DWLQ$PHULFDDQGIDUPHUVHYHQGHYHORSHGRYHU Vandana Shiva holds a PhD ZRUOGRUWKDWSHVWLFLGHVLHDJULFXOWXUDOSRLVRQV bYDULHWLHVIURPDQ,QGLDQQDWLYHIRUP in quantum physics and has been an activist for environ- DUHQHFHVVDU\DQGVDIH RIULFH6HHGVDUHGHVLJQHGIRUGLYHUVLW\ZKLFK mental and civil rights and IRUPVWKHEDVLVRIRXUKHDOWK\GLHW eco feminism since the 1970s. What are the current satyagrahas? In 1982, she founded the Navdanya (Nine Seeds) Foun- ,QWKLVWLPHRIH[WUHPHGHVWUXFWLRQRIELR What are the crises to be solved besides dation and was awarded GLYHUVLW\DQGFOLPDWHFDWDVWURSKHZHQHHGDQ the Corona pandemic? the Alternative Nobel Prize, among other honours. DOOXQLI\LQJ6DW\DJUDKDIRU/LIH7KH)ULGD\V :HIDFHWKUHHRWKHUPDMRUFULVHV FOLPDWHFKDRV IRU)XWXUHPRYHPHQWLVFXUUHQWO\H[WUHPHO\LP ZLWKSHDNRLOVWDJJHULQJELRGLYHUVLW\ORVVDQG SRUWDQW7KH\RXQJJHQHUDWLRQLVSUDFWLVLQJ WKHIRRGFULVLVDOORIZKLFKDUHOLQNHG7KHNH\PHV FLYLOGLVREHGLHQFHZRUOGZLGHZLWKDQLPSDFWZH VDJHň6RLOQRW2LOʼnGHPRQVWUDWHVWKLV DFUXFLDO FRXOGKDUGO\KDYHLPDJLQHG ZD\WRVROYHWKHVHFULVHVLVWRSUDFWLVHDJULFXOWXUH WKDWZRUNVZLWKKHDOWK\VRLODQGQRWEDVHGRQRLO What is the relationship between bio- diversity and agriculture? 6XVWDLQDEOHDJULFXOWXUHQRWRQO\SUHVHUYHV EXWDOVRFUHDWHVELRGLYHUVLW\ZKLFKSURYLGHVXV ZLWKDGLYHUVHUDQJHRIIRRG2XUERG\QHHGV PRUHWKDQMXVWFDORULHV:HDOVRQHHGPLQHUDOV WUDFHHOHPHQWVDQGYLWDPLQVLHWKHJUHDWHVW SRVVLEOHGLYHUVLW\RIFXOWLYDWHGDQGDOVRZLOGSODQWV WRHQVXUHIRRGIRUDKHDOWK\GLHW:HGRQRW QHHGWR[LFSHVWLFLGHVLIWKHGLYHUVLW\RIIORUDDQG IDXQDLVLQEDODQFH7KLVFUHDWHVWKHEDVLVIRU KHDOWK\DQGIHUWLOHVRLOVWKDWGRQRWQHHGDUWLILFLDO IHUWLOLVHUVIURPFKHPLFDOIDFWRULHV%\XVLQJDJUL “The young generation is prac- FXOWXUDOFKHPLFDOVDQGPRQRFXOWXUHVZHDUHQRW tising civil disobedience worldwide RQO\GHVWUR\LQJSODQWGLYHUVLW\EXWDOVRGHVWUR\ LQJWKHOLYHOLKRRGRISROOLQDWLQJLQVHFWV with an impact we could hardly have imagined.” 39 )8785(bb6285&,1*bb7+28*+7/($'(5 “A rapid and consistent shift VXFFHVVIXOO\EDQQHGSHVWLFLGHVIURPKLVDSSOH JURZLQJUHJLRQE\UHIHUHQGXP7KDWGRHVQŇWVRXQG to organic farming has become OLNHDFUD]\GUHDP a matter of survival.” What does society have to do to achieve this? :HQHHGWRFRPPXQLFDWHWKDWWKHVDPHSHVWL FLGHVWKDWDUHNLOOLQJEHHVDQGEXWWHUIOLHVDUHDOVR Does the “obsolete model of agriculture” PDNLQJIDUPHUVDQGFRQVXPHUVVLFN:HQHHG serve as a saviour for these crises? WRVWDUWFDOFXODWLQJDQGLQWHUQDOLVLQJWKHFRVWVRI 7KHVROXWLRQVDUHLQGHHGQRWWREHIRXQGRQ:DOO WKHVHGLVHDVHVIRUVRFLHW\DQGDOVRIRULQGLYLGX 6WUHHWRULQFRUSRUDWHKHDGTXDUWHUVEXWDERYHDOO DOV7KHQLWZLOOTXLFNO\EHFRPHDSSDUHQWWKDWZH LQWKHFRXQWU\VLGH$JULFXOWXUHLVDIRUZDUGORRN FDQQRORQJHUDIIRUGRUDOORZFKHPLFDODJULFXO LQJHFRQRPLFPRGHODQGDFHQWUDOVROXWLRQIDFWRU WXUHbDQGWKHZURQJNLQGRIIRRG$UDSLGDQGFRQ EXWRQO\LILWLVSUDFWLVHGLQDVXVWDLQDEOHDQG VLVWHQWVKLIWWRRUJDQLFIDUPLQJKDVEHFRPHD HFRORJLFDOPDQQHU0RUHSHRSOHZLOOKDYHWRZRUN PDWWHURIVXUYLYDO LQDJULFXOWXUHDJDLQHYHQLQULFKFRXQWULHV:H QHHGWRUHWXUQWRUHDOZRUOGHFRQRPLFVDQGZH And what can we do ourselves? When each individual changes, VKRXOGEXLOGQHZPRGHOVRIPXWXDOVXSSRUW 2XUJOREDOFRPPXQLW\LVWKHVXPRIDOOLQGLYLGXDOV society changes. Vandana Shiva is convinced of this. ,IZHGRQRWSUHSDUHQRZZHZLOOQRWRQO\KDYH :KHQHDFKLQGLYLGXDOFKDQJHVVRFLHW\LVFKDQJHG ILHUFHFRQIOLFWVEXWDVWUXJJOHSLWWLQJHYHU\RQH $OOSDUDGLJPVKLIWVVWDUWYHU\VPDOOEHIRUHWKH\ DJDLQVWHYHU\RQH WXUQLQWRDELJZDYH7KLVDOVRDSSOLHVWRELRGLYHU VLW\FOLPDWHSURWHFWLRQDQGDERYHDOOWKHPXFK So the solution is in the hands of the QHHGHGUDGLFDODJUDULDQUHIRUP farmers? ,VHHP\UROHDVKRQRXULQJWKHKDUGZRUNRI What is your vision for the future? VPDOOKROGHUIDUPHUV,IZHGRQŇWQRRQHZLOOZDQW :HOO,VHHWZRYHU\FRQWURYHUVLDOIXWXUHV(LWKHU WRGRWKLVZRUNDQ\PRUH7KHJOREDOWUHQGDQG ZHFRQWLQXHRQWKHGHVWUXFWLYHSDWKWKDWSRVHVD WKHUXUDOH[RGXVDUHSURRIRIWKLV%XWZKRZLOO PDVVLYHWKUHDWWRKXPDQDQGSODQHWDU\KHDOWK SURGXFHRXUIRRGLQWKHIXWXUH",QGXVWULDODJULFXO LQFOXGLQJWRWKHRUVRVSHFLHVZHORVHHYHU\ WXUHGHVWUR\VIRRGZHZDVWHXSWR bSHUFHQW GD\6RLWFDQKDSSHQWRXVWKDWZHGLVDSSHDU RIDYDLODEOHFDORULHVE\IHHGLQJJUDLQWROLYHVWRFN IURPWKHSODQHW2UZHSURWHFWWKHHDUWKWKHHQ 6XVWDLQDEOHDJULFXOWXUHLVQRWSRVVLEOHZLWKRXW YLURQPHQWELRGLYHUVLW\DQGHFRORJLFDOSURFHVVHV DFRPELQDWLRQRIDQLPDOVFURSVDQGWUHHV VRWKDWHFRV\VWHPVFDQUHJHQHUDWH So what is the most important thing What message do you want to share? to achieve the changes that are needed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our goal is to rid the world of pesticides ZZZQDYGDQ\DLQWHUQDWLRQDORUJGH E\$FUD]\GUHDP" 7KHLGHDWRILJKWIRUDSHVWLFLGHIUHHZRUOGZLWK DFOHDUWLPHOLQHZDVERUQLQ:HRUJDQLVHG D%KRRPLIHVWLYDOIRU0RWKHU(DUWK7KHFRPPXQL WLHVRIRXU1DYGDQ\D0RYHPHQWRIWKHZKROH +LPDOD\DQUHJLRQFDPHWRJHWKHU(YHQ3ULPH0LQ LVWHU&KDPOLQJZKRFRQYHUWHGWKH,QGLDQVWDWH RI6LNNLPWRňbSHUFHQWRUJDQLFʼnDQGWKHPD\RU RIWKH6RXWK7\UROHDQPXQLFLSDOLW\RI0DOVZKR 40 41 )8785(bb6285&,1*bb7+28*+7/($'(5 SARA CONSTANTINO “How do we cultivate a fruitful reciprocal relationship with the environment that provides for us? We can learn this from the people who practise the coexistence of humans and nature every day. Indigenous communities observe and understand nature, their traditional medicine is based on ancient knowledge about plants and their active ingredients.” 6DUD&RQVWDQWLQRIURP&RORPELDLVDQHQYLURQPHQWDODFWLYLVWVRFLDOPHGLDLQIOXHQFHU(#ODHFRQVWDQWLQR) DQGZRUNVZLWKLQGLJHQRXVFRPPXQLWLHV BENEDIKT BÖSEL ň,QHYHU\WKLQJZHGRZHWU\RXWDORWDQGZLWK DVPXFKSODQWDQGVSHFLHVGLYHUVLW\DVSRVVLEOH :HHYHQWU\WRPDNHDORWRIPLVWDNHVVRZHFDQ OHDUQIURPWKHPʼn Benedikt Bösel is a farmer and managing director of Gut & Bösel, DQRUJDQLFIDUPLQJDQGIRUHVWU\EXVLQHVVZLWKbKHFWDUHVRIDUDEOHODQG about an hour east of Berlin. 42 )8785(bb6285&,1*bb7+28*+7/($'(5 “We need to respect natural diversity and emulate it.” ,QGXVWULDODJULFXOWXUHQRORQJHUKDVDIXWXUH LWVLPSDFW RQSHRSOHWKHFOLPDWHDQGELRGLYHUVLW\LVWRRGUDPDWLF +HOHQD1RUEHUJ+RGJHH[SODLQVKRZZHFDQVROYHWKHSUREOHP LQKDUPRQ\ZLWKSHRSOHDQGQDWXUH Ms Norberg-Hodge, you have been research- What do you say to critics who justify ing the effects of globalisation on traditional monocultures in view of the gigantic demand FXOWXUHVDQGDJULFXOWXUHIRUPDQ\\HDUV:KDW for food? conclusion were you able to reach? 2XUFRPPRQVHQVHWHOOVXVWKDWLQGXVWULDOPRQR 7KDWLWFDQŇWJRRQOLNHWKLV,QGXVWULDODJULFXOWXUH FXOWXUHVGRQRWZRUNLQWKHORQJUXQ:HDFKLHYH LVUHVSRQVLEOHIRUGHIRUHVWDWLRQGHSOHWHGVRLOV KLJK\LHOGVLQWKHVKRUWWHUPEXWWKLVLVGLVSUR GUDLQHGULYHUVDQGODNHVVSHFLHVH[WLQFWLRQRQD SRUWLRQDWHWRWKHHFRORJLFDOGDPDJH$JULFXOWXUH VPDOODQGODUJHVFDOHWKHOLVWFRXOGJRRQHQGOHVV PXVWZRUNZLWKQDWXUHQRWDJDLQVWLW$QGQDWXUH O\3HVWLFLGHVGHVWUR\WKHVRLOSRLVRQWKHJURXQG VWULYHVIRUGLYHUVLW\,IZHUHVSHFWDQGHPXODWH ZDWHUDQGGHVWUR\ELRGLYHUVLW\,IZHGRQŇWFKDQJH WKLVGLYHUVLW\ZHEHQHILWGRXEO\ VRPHWKLQJQRZZHZLOOVRRQQRORQJHUEHDEOH WRJURZIRRG How can this be achieved? Helena Norberg-Hodge, 75, ,WŇVVLPSOH GLYHUVLW\LQVWHDGRIXQLIRUPLW\LQ is a leading globalisation re- Can locally produced food feed the growing FXOWLYDWLRQ$IDUPFDQIRUH[DPSOHHQKDQFHJUDLQ searcher and founder of Local Futures, an organisation that world population? ILHOGVZLWKIUXLWWUHHVRUYHJHWDEOHVDQGDWWKH promotes cultural and biologic- $EVROXWHO\,QGHHGORFDOIRRGSURGXFWLRQLVNH\ VDPHWLPHSUDFWLFHVSHFLHVDSSURSULDWHDQLPDOKXV al diversity worldwide. She WRIHHGLQJWKHZRUOGŇVJURZLQJSRSXODWLRQ EDQGU\7KHVHW\SHVRIIDUPVSURGXFHIDUPRUH is the author of the best-sell- ing books Ancient Futures, IRRGWKDQLQGXVWULDOPRQRFXOWXUHVLQVRPHFDVHV The Economics of Happiness Why? XSWRbWLPHVPRUHDFFRUGLQJWRVRPHVFLHQWLI and Local Is Our Future. ,WLVLPSRUWDQWWRXQGHUVWDQGWKHVWUXFWXUDOOLQN LFbVWXGLHV7KLVLVDFKLHYHGE\XVLQJHYHU\HFRORJ EHWZHHQORFDOIRRGSURGXFWLRQDQGELRGLYHUVLW\ LFDOQLFKHLQVWHDGRIVTXHH]LQJDJULFXOWXUDOHFRV\V LQDJULFXOWXUH,QFRQWUDVWWRWKHJOREDOPDUNHW WHPVLQWRDXQLIRUPDQGXQQDWXUDOFXOWXUH ZKLFKGHPDQGVKXJHTXDQWLWLHVRIXQLIRUPJRRGV ORFDOPDUNHWVUHTXLUHDODUJHYDULHW\RIGLIIHUHQW And what impact does this have on bio- SURGXFWV%\SULRULWLVLQJSURGXFWLRQIRUORFDOQHHGV diversity and the climate in concrete terms? ORFDOIRRGSURGXFWLRQSURPRWHVELRGLYHUVLW\ $SRVLWLYHRQH,QWHUFURSSLQJQRWRQO\SUHYHQWV WKHZRUVWHIIHFWVRIJOREDOLVHGDQGLQGXVWULDODJ ULFXOWXUHEXWUHYHUVHVWKHP2UJDQLFIDUPVPLPLF QDWXUDOHFRV\VWHPVDQGVWUHQJWKHQWKHF\FOHVDQG SURFHVVHVZLWKLQWKHV\VWHP7KH\DOVRSURYLGH MREVDQGIRRGVHFXULW\:HDUHDGGUHVVLQJWKUHH PDMRUSUREOHPV WKHFOLPDWHFULVLVWKHORVVRIELR GLYHUVLW\DQGWKHIRRGVKRUWDJH “Local food production is key to feeding the world’s growing population.” 45 )8785(bb6285&,1*bb:(/('$Ň65(63216,%,/,7< Figures from the Weleda world 47 audits ZHUHFDUULHGRXWLQ7KLVLQYROYHGVFUXWLQ LVLQJHDFKRIRXUVXSSO\FKDLQVWRVHHLIWKH\PHW WKHVWULFWUHTXLUHPHQWVRI8(%7 For 500 BAS SCHNEIDERS beekeepers Head of International Strategic Sourcing ZHHQVXUHDVWHDG\LQFRPHLQPRUHWKDQbYLO ODJHVZLWKWKHQHZEHHVZD[SURMHFWLQ&DPHURRQ :HDOVRSURPRWHWKHSURWHFWLRQRIELRGLYHUVLW\ :HWDNHWKHVRXUFLQJRIRXUUDZPDWHU DQGFUHDWHGbQHZMREV LDOVDURXQGWKHJOREHYHU\VHULRXVO\:H GRQŇWRQO\SD\DWWHQWLRQWRVRFLDODQG HFRQRPLFVWDQGDUGVDORQJWKHHQWLUHVXS SO\FKDLQ%HFDXVHELRGLYHUVLW\LQWKH FXOWLYDWLRQDUHDVLVSDUWLFXODUO\FORVHWR 650 RXUKHDUWV:HVXSSRUWVPDOOVFDOHIDUP natural raw materials LQJVWUXFWXUHVSURPRWHVRLOLPSURYH IRURXUQDWXUDOFRVPHWLFVDUHVRXUFHGIURP PHQWDQGUHVSHFWELRGLYHUVLW\:HDUHWKH DOORYHUWKHZRUOGXQGHUWKHVWULFWHVWVRFLDODQG HFRORJLFDOVWDQGDUGV RQO\(XURSHDQFRPSDQ\WREHFHUWLILHG THE TRUE COSTS ZLWKWKH8(%7(8QLRQIRU(WKLFDO%LR7UDGH) VHDORITXDOLW\,QZHVWDUWHGHYHQ How does the cultivation of our plant-based raw PRUHQHZFXOWLYDWLRQSURMHFWVVXFKDVWKH materials affect the climate and biodiversity, and how can this be measured in monetary terms? EHHVZD[SURMHFWLQ&DPHURRQDQG Over 150 This is the subject of what is known as true cost FRQWLQXRXVO\LPSURYHGH[LVWLQJRQHV accounting. For all essential plant raw materials ingredients we want to know the true costs and also find out what positive effect biodynamic cultivation has. WKDWFDQEHXVHGSKDUPDFHXWLFDOO\DUHFRQWDLQHG The initial results offer hope: bitter oranges from LQWKHPHGLFLQDOSODQWDUQLFD:HVRXUFHWKHPIURP Egypt, which we use for neroli oil, have a benefit FRQWUROOHGZLOGKDUYHVWVDQGSURFHVVWKHPLQRXU RIbHXURVSHUNLORJUDPDQGbHXURVSHUKHF- QDWXUDOFRVPHWLFVDQGPHGLFLQHV,WLVSDUWLFXODUO\ WDUHRIFXOWLYDWHGODQG7KLVLVEHFDXVHPRUH&2ƒ KHOSIXOIRUEUXLVHVPXVFOHLQMXULHVDQGVSUDLQV is bound than emitted by the compost incorporated into the soil. By way of comparison: conven- tionally grown bitter oranges generate a loss RIbHXURVSHUNLORJUDP 46 47 )8785(bb6285&,1*bb:(/('$Ň65(63216,%,/,7< RATANHIA WILD HARVEST IN PERU The root of the ratanhia bush is rich in tannins and has a soothing effect on the gums. That is why we use extracts of it in our ratanhia toothpaste and ratanhia mouthwash. Demand is continuously increasing, and their population is under threat. For many years, Weleda has been promoting organic wild harvest- ing in the barren, rocky landscapes of Peru, where the inconspicuous shrub with its many roots is at home. The love of nature is the top priority here. Where we harvest a root, we immediately sow again. Biologists check the population regularly in the process. WE PROTECT WHAT WE CULTIVATE Our cooperation with BOS (Borneo Orangutan Sur- vival) is ongoing. After reforesting part of the rainfor- est, creating jobs and thus contributing to community development, we are now pushing ahead with the rewetting of the peat bog rainforest. In doing so, we are protecting what we have established and are providing a habitat for the orangutans once again. The SHDWERJVDUHHQRUPRXV&2ƒUHVHUYRLUV3URWHFWLQJ them not only preserves biodiversity, but also active- ly protects the climate. 49 )8785(bb+($/7+ HEALTH What does it actually mean to be healthy? Humans are not just made up of a body, they also have a soul and an individual personality. Besides taking care of ourselves, we should be mindful of the health of nature. For only when human and nature are in harmony with each other can we use the powerful healing forces of nature. )8785(bb+($/7+bb7+28*+7/($'(5 “Care is not only daily hygiene, care should always be celebrated as well.” 0LGZLIH6LVVL5DVFKHŇVDPELWLRQLVWRIDFLOLWDWHDEHDXWLIXOELUWK LQZKLFKERWKWKHEDE\DQGWKHPRWKHUIHHOFRPIRUWDEOH DQGVHFXUH+RZVKHFRQQHFWVKHUSKLORVRSK\ZLWKVXVWDLQDELOLW\ DQGZK\FKDQJLQJQDSSLHVFDQDOVREHVRPHWKLQJEHDXWLIXO Ms Rasche, when asked whether it should Weleda has committed itself to anthropo- be a girl or a boy, most parents answer: sophical medicine: to view the organism “The main thing is healthy!” As a midwife, as a whole when healing and to activate the how do you deal with being allowed ERG\ŇVRZQGHIHQFHV,VWKHUHDFRPPRQ access to the most intimate moments and ground with the way you approach things? at the same time with this responsibility? $EVROXWHO\$VDPLGZLIH\RXDOUHDG\DUHH[ 7KHUHLVDYHU\ELJUHVSRQVLELOLW\DQG,DPDOZD\V SRVHGWR:HOHGDGXULQJ\RXUWUDLQLQJLWDFFRP DZDUHRIWKDW$VDPLGZLIH\RXFDQŇWKDYHDEDG SDQLHV\RX,DOZD\VWKLQNLWŇVJRRGZKHQ\RXVHH GD\:KHQ\RXDUHDVVLVWLQJDELUWK\RXKDYHWR WKHZKROHSLFWXUHDQGGRQŇWMXVWSLFNRQHWKLQJ OHDYHHYHU\WKLQJWKDW\RXDUHH[SHULHQFLQJLQ\RXU DQGLQVWHDGORRNDWKRZ\RXFDQVXSSRUWZRPHQ Sissi Rasche works as a RZQOLIHRXWVLGH7KHQWKHGRRURSHQVDQG,WU\ LQWKHLUKROLVWLFZHOOEHLQJ,QWKLVZD\LWFUHDWHV freelance midwife in Berlin and knew from the age of WRKDQGOHHDFKELUWKDVLILWZHUHWKHILUVWRURQO\ DEHWWHUHQYLURQPHQWIRUWKHPRWKHUFKLOGUHOD 15 that this was her dream ELUWKIRUWKDWZRPDQ*RRGFDUHLVWKHEHDOODQG WLRQVKLSEXWDOVRIRUWKHZKROHIDPLO\VLWXDWLRQ job. Together with her col- HQGDOO,ILWŇVDKRPHELUWK,DOVRVD\ ,SUHIHU league Kareen Dannhauer, the 35-year-old has launched WRGRWRRPXFKRQFHUDWKHUWKDQWRROLWWOH,GRQŇW $IWHUDOODELUWKLVDPRPHQWRXVH[SHULHQFH the podcast 0LGZLIH6DORQb– KDYHWRSURYHDQ\WKLQJWRP\VHOIEXWP\ELJJRDO How important is mental health in addition to offer women even more holistic care. LVWRJXLGHZRPDQDQGFKLOGVDIHO\WKURXJKDELUWK to physical health? ,SD\JUHDWDWWHQWLRQWRWKDW6RPHZRPHQZKR What is your philosophy? KDYHKDGDFDHVDUHDQVHFWLRQIRUH[DPSOHDUH )RUPHP\SKLORVRSK\DVDPLGZLIHLVWRSURYLGH RIWHQDIUDLGWKDWWKH\KDYHIDLOHG0\FRQVWDQW KROLVWLFFDUH7KDWLVZK\,GHFLGHGGLUHFWO\DIWHU FRPSDQLRQVKLSHQDEOHVPHWRSURYLGHPXFKEHWWHU P\WUDLQLQJWRFDUHIRUZRPHQKROLVWLFDOO\ GXULQJ VXSSRUWIRUZRPHQ$OVRLQWKHSRVWSDUWXPSH SUHJQDQF\GXULQJELUWKDQGLQWKHSRVWSDUWXP ULRGZKLFKLVDWLJKWURSHZDONHVSHFLDOO\IRUWKH SHULRG$QLQWHQVLYHDFFRPSDQLPHQWZKHUH\RXJHW SV\FKH “I don’t have to prove anything to myself, but my big goal is to guide woman and child safely through a birth.” 52 )8785(bb+($/7+bb7+28*+7/($'(5 WREHVRPHRQHWRWDONWR$QGWRREVHUYHDWDQ “Midwives love their profession. HDUO\VWDJHLIPHQWDOKHDOWKLVVXIIHULQJDVD No midwife gives up because UHVXOW+RZFDQWKHZRPDQDQGWKHIDPLOLHVEH VXSSRUWHGVRWKDWDJRRGEDODQFHLVUHVWRUHG" of a lack of passion. The pay is %HFDXVHLIWKHPRWKHULVQRWZHOOWKHUHVWRIWKH a disaster.” IDPLO\LVQRWZHOOHLWKHU7KDWLVZK\WKHVNLOOHG LQWHUDFWLRQDQGFROODERUDWLRQRISV\FKRORJLVWVPD WHUQLW\QXUVHVDQGSDHGLDWULFLDQVLVDOVRYHU\ LPSRUWDQW0DQ\ZRPHQIHHOWKDWWKHLUSUREOHPV DUHQRWWDNHQVHULRXVO\,WLVDFRGHRIKRQRXU LQP\ZRUNWRVLPSO\OLVWHQWRWKHZRPHQDQGLQ WKLVZD\HVWDEOLVKDUDSSRUW When we talk about sustainability, social VXVWDLQDELOLW\LVDOVRSDUWRILW7KHPLG What role does sustainability play in your ZLIHU\FULVLVLVDELJSUREOHP0RUHDQGPRUH work? are giving up their profession because 8QIRUWXQDWHO\VXVWDLQDELOLW\LVQRWVRHDV\ZKHQ WKH\DUHVREDGO\SDLG:KDWPRWLYDWHV\RX LWFRPHVWRPDWHUQLW\FDUH$ORWRIZDVWHLVSUR not to quit? GXFHGLQWKHFOLQLFEHFDXVHWKHUHLVQRRWKHUZD\ 0LGZLYHVORYHWKHLUSURIHVVLRQ1RPLGZLIHJLYHV WRPDLQWDLQK\JLHQH+RZHYHUZKHQ,DFFRP XSEHFDXVHRIDODFNRISDVVLRQ7KHSD\LVDGLV SDQ\bIDPLOLHVRQWKHSDWKWRSDUHQWKRRGDVDPLG DVWHU,SHUIRUPDJRRGDQGVNLOOHGMREDQG,ZDQW ZLIH,VHHLWDVP\MREWRHGXFDWHSDUHQWVOLPLW WREHSDLGDSSURSULDWHO\IRULW2IFRXUVHRQHFRXOG FRQVXPSWLRQDQGVKRSPRUHFRQVFLRXVO\(VSHFLDO VD\ ,ŇPRQO\DFFHSWLQJSULYDWHSDWLHQWVRUVHOI O\LIWKH\DOUHDG\KDYHPDQ\WKLQJVDWKRPH SD\SDWLHQWVQRZEHFDXVHWKHQ,JHWDPRUHDSSUR 3UHJQDQWZRPHQDQGSDUHQWVLQSDUWLFXODUDUHYHU\ SULDWHSD\PHQW$QGWKDWŇVZKDW,DPDERXWWR YXOQHUDEOHDQGWKLQNWKH\QHHGFHUWDLQWKLQJVWR GR%XWWKHQWKHUHLVWKHEDGFRQVFLHQFHEHFDXVH EHDEHWWHUPRWKHURUDEHWWHUSDUHQW2IFRXUVH WKHQRQO\DIUDFWLRQRISHRSOHFDQDIIRUGRXU IRUEDELHVIRUH[DPSOH\RXQHHGJRRGFORWKHV FDUHDQGWKDWGRHVQŇWIHHOJRRG EXWHYHQWKHUH\RXVKRXOGFKRRVHFRPSDQLHVWKDW WDNHXSWKHLGHDRIVXVWDLQDELOLW\ZKHUHWKH What needs to change most urgently in ZKROHVXSSO\FKDLQLVVRXQGIURPSURGXFWLRQWR health policy? WKHHQGFRQVXPHU7KDWGRHVQŇWPHDQ\RXVKRXOG 0LGZLYHVPXVWEHSDLGPRUHIDLUO\DQGWKH KDYHDQHQWLUHZDUGUREHIXOORIFORWKHV%HWWHU SURIHVVLRQPXVWEHFRPHPRUHDWWUDFWLYHDJDLQ DVN\RXUVHOI 'R,UHDOO\QHHGWKDW" Sissi Rasche is the mother DVZHOO,QXQLWV\RXPDNHWLPHIRU 54 55 )8785(bb+($/7+bb7+28*+7/($'(5 ANDREA FREUND “Four hundred years ago, Galileo Galilei was able to prove against all odds that the earth revolves DURXQGWKHVXQb– and not the other way around. Perhaps we are on a similar threshold to a new XQGHUVWDQGLQJb– this time of our own bodies. In addition to holistic medical therapies, psychoneuro- immunology and epigenetics show that ultimately everything is about how we treat our body. We can influence it through our beliefs, about how we think and what we feel, and contribute to how healthy or sick we are. In this context, the placebo effect could also be interpreted in a positive way: what I believe in, in the sense of what is true for me, happens. Perhaps we do have more power and quite a different sort of power over our bodies than what we had assumed. It begins with learning about the wonders of our bodies and believing it possible for us to conscious- ly participate in them.” $QGUHD)UHXQGLVDMRXUQDOLVWDQGFRDXWKRURIWKHERRN/HEHUDQ0LO] :LHZLUOHUQHQDXIGLHJHKHLPHQ6LJQDOHXQVHUHU 2UJDQH]XKĂUHQ ((FRZLQ) DR. FRANK LIPMAN ň,EHOLHYHWKDWWUXHKHDOWKLVPXFKPRUHWKDQWKHDEVHQFHRI GLVHDVH,WLVDWRWDOVWDWHRIZHOOEHLQJLQFOXGLQJSK\VLFDOPHQWDO HPRWLRQDOVSLULWXDODQGVRFLDOFRPSRQHQWV7KHUHIRUHZKHQ FRQVLGHULQJKRZWRKHDOWKHERG\DQGFUHDWHVXVWDLQDEOHZHOOQHVV LWLVHVVHQWLDOWRFRQVLGHUDOODUHDVRIOLIHWKDWFDQEHLQIOXHQWLDO DORQJZLWKKRZWKRVHIDFWRUVPD\GLIIHUIURPSHUVRQWRSHUVRQň )UDQN/LSPDQLVDGRFWRUDQGEHVWVHOOLQJDXWKRU+HLVFRQVLGHUHGDOHDGHULQIXQFWLRQDOPHGLFLQH 57 )8785(bb+($/7+bb7+28*+7/($'(5 “It’s about a way of life.” 6KHLVGULYLQJWKHFRQYHUVLRQWRRUJDQLFIDUPLQJ LQ7DQ]DQLD%XW0ZDWLPD-XPDLVFRQFHUQHG ZLWKPXFKPRUHQDPHO\DQHZPRUHQDWXUDOUHODWLRQVKLS EHWZHHQSHRSOHDQGQDWXUH You are the founder of the Tanzania What resistance do you have to overcome? 2UJDQLF$JULFXOWXUH0RYHPHQW:KDWLV 2IFRXUVHWKHELJJHVWUHVLVWDQFHFRPHVIURP that exactly? WKRVHZKRPDNHSURILWIURPWKHVDOHRIDJURFKHP $ERXWWHQ\HDUVDJR,ZDVZRUNLQJIRUDFHU LFDOV7KHFRPSDQLHVDQGOREE\JURXSVILQDQFH WLILFDWLRQDJHQF\ZKHQWKHGHPDQGIRURUJDQLF FDPSDLJQVWKH\XQVHWWOHDQGGLVLQIRUPWKHIDUP DJULFXOWXUHDQGIRURUJDQLFUDZPDWHULDOVZDV HUVWKHSROLWLFDOOHDGHUVKLSDQGWKHDGPLQLVWUD JURZLQJUDSLGO\7KDWŇVZKHQ,EHFDPHDQDFWLYLVW WLRQ7KHELJJHVWYLFWLPVDUHWKHPDQ\IDUPHUV %HFDXVHLWZDVFOHDUWRXV LIRUJDQLFIDUPLQJLQ 7KH\RIWHQGRQŇWHYHQNQRZZKDWFKHPLFDOVWKH\ $IULFDDQGKHUHLQ=DQ]LEDULVWREHVXFFHVVIXO DUHXVLQJDQGWKDWŇVZK\WKH\FDQŇWSURWHFW ZHFDQQRWVLPSO\FRS\WKH(XURSHDQZD\7KDWŇV WKHPVHOYHV ZK\,VDLG /HWŇVIRXQGDQXPEUHOODRUJDQLVDWLRQ WKDWEXQGOHVPDQ\LQLWLDWLYHVIURPDOORYHU(DVW What is your source of inspiration? Mwatima Juma holds a PhD $IULFD:HKDYHUHFHLYHGDORWRIVXSSRUWIURPDOO 0\ILUVWGHJUHHLQDJULFXOWXUHZDVFRQYHQWLRQDO in agriculture and crop pro- duction and is the founder of RYHUWKHZRUOGDORQJWKHZD\2QWKHRQHKDQG ,OHDUQHGKRZWRXVHFKHPLFDOV%XWRQP\IDWKHUŇV Tanzania Organic Agricul- RIFRXUVHLWŇVDERXWRSHUDWLQJLQKDUPRQ\ZLWKQD IDUPZHQHYHUXVHGDJJUHVVLYHFKHPLFDOVDQG WXUHb0RYHPHQWDQRUJDQLVD- WXUH(TXDOO\LPSRUWDQWWRXVLVWRVWUHQJWKHQD LQKLQGVLJKWPD\EHWKH\ZHUHQRWDYDLODEOHDQG tion committed to organic and smallholder agriculture. QHZLPDJHRIRUJDQLFIDUPLQJ QRWSULPLWLYHDVWKH RXUVRLOVZHUHIHUWLOH,UHDOLVHGWKHUHWKDWLWMXVW DJURFKHPLFDOFRPSDQLHVSRUWUD\LWEXWLQWHOOLJHQW PDGHPRUHVHQVH,VKDUHWKDWXQGHUVWDQGLQJQRZ DQGVHOIFRQILGHQW7KDWŇVKRZWKHPRYHPHQW EHFDXVHKDYLQJNQRZOHGJHPHDQVSURWHFWLRQ VWDUWHG1RZZHKDYHDERXWbPHPEHUVDQG +HUHLQ7DQ]DQLDLIIDUPHUVDUHWRDGRSWFRQYHQ DUHDOVRYHU\SROLWLFDOO\LQYROYHG WLRQDOIDUPLQJSUDFWLFHVLWPHDQVWKH\DUHH[ SRVHGWRSRLVRQ2QO\SXEOLFLQIRUPDWLRQFDQKHOS What goals do you pursue with your work? DJDLQVWWKLV6LQFHWKHQ,KDYHKDGDGUHDP ,DPZKROHKHDUWHGO\FRPPLWWHGWRRXUYLVLRQ ZKDWLIZHKDGbSHUFHQWRUJDQLFDJULFXOWXUH ZHHQYLVLRQDYLEUDQWVXVWDLQDEOHDQGPXWXDOO\ LQ=DQ]LEDUDQGWKURXJKRXW7DQ]DQLD"7KDWLV EHQHILFLDORUJDQLFVHFWRULQ7DQ]DQLD6RLWŇVDERXW DJRRGJRDODQGLWLVUHDOLVWLF PXFKPRUHWKDQIDUPLQJDQGWUDGLQJRUJDQLFUDZ PDWHULDOV,WŇVDERXWDZD\RIOLIHDQGDERXWWUXO\ HQDEOLQJHYHU\RQHWRSDUWLFLSDWHLQLWEHFDXVH LWŇVEHWWHUIRUHYHU\RQH “Equally important to us is to strengthen a new image of organic farming: not primitive, as the agrochemical companies portray it, but intelligent and self-confident.” 59 )8785(bb+($/7+bb:(/('$Ň65(63216,%,/,7< Figures from the Weleda world 108 is the average number of employees SDUWLFLSDWLQJLQWKH$3&&ŇVFRQWLQXLQJHGXFDWLRQ PRGXOHV 429 FRIEDERIKE TEWS AND FRANZISKA BÄCHTLE Swiss medicinal Anthroposophic Pharmacy Competence Centre (APCC) product approvals DUHVXEMHFWWRQHZUHJXODWRU\UHTXLUHPHQWV :HKHOSWRSUHVHUYHSDVVRQDQGIXUWKHU $OOPHGLFLQDOSURGXFWVFRYHUHGE\WKHVHDSSURYDOV GHYHORS:HOHGDŇVZHDOWKRISKDUPDFHXW ZLOOUHFHLYHQHZSDFNDJLQJWH[WV LFDONQRZOHGJH7KH$3&&ZDVIRXQGHG LQIRUWKLVSXUSRVH:HQRWRQO\ FRQGXFWUHVHDUFKLQWKHODERUDWRU\EXWDOVR RUJDQLVHIXUWKHUWUDLQLQJIRU:HOHGD 160 ZRUOGZLGH:HVHHRXUZRUNDVDQHQFRXQ medicinal plants WHU FRRSHUDWLRQZLWKLQWHUQDODQGH[ WHUQDODUHDVVXFFHHGVEHVWWKURXJKRSHQ DUHFXOWLYDWHGLQRXUELRG\QDPLFDOO\PDQDJHG HQFRXQWHUV,QUHVHDUFKZHLQTXLVLWLYHO\ PHGLFLQDOKHUEJDUGHQLQ6FKZÉELVFK*PĚQG,WLV WKHODUJHVWRILWVNLQGLQ(XURSH:HRSHUDWHD H[SORUHWRSLFVVXFKDVPHWDOPLUURUV WRWDORIHLJKWPHGLFLQDOSODQWJDUGHQVZRUOGZLGH DQGWKHUPDOSURFHVVHV,QWKLVZD\QHZ TXHVWLRQVDQGSHUVSHFWLYHVDULVHYLVÅ MEDICINES WITH EXEMPLARY CHARACTER YLVIDPLOLDUSKDUPDFHXWLFDOSURFHVVHVb– Our medicines give integratively regulating healing impulses for the organism that WKH\DUHLQYLJRUDWHGDQGFDQEHEHWWHU 100 is out of balance. They act as a “model” of the healthy organ functions and can compen- XQGHUVWRRG sate for deviations in both directions. For Cardiodoron®, our leading preparation for the years treatment of functional cardiovascular disorders, this was described in an impressive man- ner in a scientific publication from December 2020. In a secondary analysis of data from LVKRZROGDQWKURSRVRSKLFDOPHGLFLQHEHFDPH an observational study, Cardiodoron® was shown to regulate blood pressure levels that were LQ7RGD\DVWKHQLWLVDOODERXWWKHZKROH too low and too high. The prescription medicine consists of a composition of extracts of SHUVRQb–ERG\VRXODQGVSLULW spring primrose, henbane and cotton thistle. We grow all three plants biodynamically in our medicinal herb garden. For further information, visit: KWWSV GRLRUJ 60 61 )8785(bb+($/7+bb:(/('$Ň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n February 2021, Weleda New Zealand, together with three anthroposophic doctors, opened the Sophia Healing Centre for anthroposophic medicine, which has its own pharmacy. Doctors and pharmacists will work with local Maori to develop and use remedies based on New Zealand medicinal plants. This initiative aims to raise the profile of Anthroposophic Medicine in New Zea- land while simultaneously valuing and incorporating local knowledge. The medical centre and pharmacy are housed in Weleda New Zealand’s historic premises in Havelock North on the North Island. )RUIXUWKHULQIRUPDWLRQYLVLW ZZZZHOHGDFRQ] 62 63 )8785(bb%($87< BEAUTY Beauty does not come from the inside or the outside only. We think something is beautiful if it is good for us on the one hand and does not harm nature on the other. Because we believe that the life processes of nature and those of humans are interconnected. )8785(bb%($87 “I find it nice to feel that I am not harming the planet by buying a product.” $VPDQDJLQJGLUHFWRURIWKHJUHHQRQOLQHVKRS$YRFDGRVWRUH 0LPL6HZDOVNLEHOLHYHVWKDWDVXVWDLQDEOHDSSURDFKPDNHV EHDXWLIXOWKLQJVHYHQPRUHEHDXWLIXO:K\VXVWDLQDELOLW\GRHVQŇW KDYHWREHSHUIHFWb–DQGZKDWWKDWKDVWRGRZLWK*RHWKH Ms Sewalski, in the sustainability discourse LQJLQDKROLVWLFDOO\VXVWDLQDEOHZD\"ʼn7KDWZRXOG there is often talk of the “brave new world” EHEHDXW\LQWKHZKROHPDQXIDFWXULQJSURFHVV LQWKHVHQVHRIDIXWXUHXWRSLD:KDWZLOOWKLV look like from your point of view? The destruction of ecosystems, terrible ,WŇVQLFHWRSXWVRPHWKRXJKWLQWRLW%HFDXVHLIZH conditions in factory farming, the blighting GLUHFWRXUHQHUJ\WRZDUGVWKHEHDXWLIXOZHZLOO RIODQGVFDSHVb– all this contradicts our under- DOVRJHWWKHUH,HQYLVLRQDZRUOGZKHUHZHDOOOLYH VWDQGLQJRIEHDXW\:KDWUROHGRHVSHUFHS- WRJHWKHULQIDLUQHVV,QZKLFKWKHUHDUHHQRXJK tion play in getting more people to support UHVRXUFHVIRUHYHU\RQHDQGWKHUHLVQRPRUHVRFLDO sustainability? LQHTXDOLW\,ZRXOGOLNHWRVHHJOREDOWKLQNLQJ :KHQZHIRXQGHGWKH$YRFDGRVWRUHLQZH :KDW,FRQVXPHRUSURGXFHKDVJOREDOFRQVHTXHQF ZDQWHGWRRSHQXSDQLFKHWKDWGLGQŇWH[LVWEHIRUH HVDQGFRQVXPHVQDWXUDOUHVRXUFHV2XUIRRGFRV DQRQOLQHVKRSIRUVXVWDLQDEOHSURGXFWV:H PHWLFVDQGHYHQRXUPRELOHSKRQHVFDXVHSURE VWLOOKDGWRH[SODLQWRSHRSOHZKDWYHJDQLV:KHQ OHPVLQRWKHUFRXQWULHVVXFKDVGHIRUHVWDWLRQDQG ,XVHGWKHZRUGňHFRʼnPDQ\SHRSOHWKRXJKWRI PLQLQJ3HUKDSVJOREDOLVDWLRQFRXOGEHVFDOHGEDFN XJO\MXWHFORWKHVDQGUDQDZD\VFUHDPLQJ6RZH Mimi Sewalski studied soci- DELWDQGPRUHORFDOSURGXFWLRQFRXOGWDNHSODFH SXWDORWRIHPSKDVLVRQDSSHDOLQJDHVWKHWLFV ology and criminology. She has been running Avocado store, DJDLQ'R,UHDOO\QHHGDňPDGHLQ&KLQDʼnSURGXFW" DQGKLJKTXDOLW\SURGXFWSKRWRV:HSUHWHQGHG Germany’s largest online mar- WREHDQRUPDORQOLQHVKRSRQO\ZLWKDVXVWDLQ ketplace for sustainable life- The Dobbiaco Colloquia is a traditional DEOHWRXFK$QGQRWWKHRWKHUZD\URXQGň7KHUHŇV style, since 2011. As a consult- ant, she specialises in sustain- meeting of the environmental movement in QRVRFLDOEXVLQHVVZLWKRXWEXVLQHVVʼn7KLVZDV able consumption, fair trade VXSSRUWRIDVXVWDLQDEOHOLIH$VHDUO\DV WKHRQO\ZD\ZHFRXOGIDPLOLDULVHHQRXJKSHRSOH DQGJUHHQHQWUHSUHQHXUVKLSb– 1998, they declared beauty to be one of the ZLWKWKHWRSLFRIVXVWDLQDELOLW\ZKRPLJKWKDYH and gives tips on how to im- prove. This is also the case in EDVLFQHHGVRIKXPDQEHLQJV+RZGR\RX EHHQRYHUZKHOPHGDWILUVW7KDWLVVWLOORXUPLVVLRQ her book Nachhaltig leben define beauty yourself? WRGD\7RWHOOWKHP ň+H\LWŇVQRWKDUGWRVKRS jetzt! (Knesebeck, 2020). )RUPHEHDXW\LVVRPHWKLQJKROLVWLF,WŇVQRXVH LQDVXVWDLQDEOHZD\DQ\PRUHDQGE\WKHZD\LWŇV WRPHLIVRPHWKLQJLVEHDXWLIXOIURPWKHRXWVLGH UHDOO\IXQʼn$QGZHDOVROHDGE\H[DPSOH7KH EXWQRWZKDWŇVEHKLQGLW$SURGXFWFDQEHEHDX EHDXW\RILWLV WKHUHDUHPRUHDQGPRUHSHRSOH WLIXOLQSULFHGHVLJQDQGTXDOLW\EXWLILWLVQRWSUR ZKRDUHUHDOO\PRWLYDWHGWRWDFNOHWKHLVVXH GXFHGLQDIDLUZD\LWLVQRWEHDXWLIXOIRUPH 7KLVDOUHDG\VWDUWVZLWKWKHRULJLQDOLGHD KRZFDQ How do you select the products? ,EULQJZKROHQHVVLQWRP\SURGXFW",WŇVQRWMXVW (YHU\RQHRIRXUSURGXFWVPXVWPHHWDWOHDVW WKHSDFNDJLQJWKDWŇVSDUWRILW:KHUHGR,JHWP\ RQHVXVWDLQDELOLW\FULWHULRQ:HGRQŇWMXVWSXW UDZPDWHULDOV"+RZGR,WUHDWHYHU\RQHLQYROYHG DJUHHQODEHORQLWEXWDOZD\VVKRZWUDQVSDUHQW IURPWKHIDUPHUWRWKHWUDQVSRUWHU",WLVQRW O\ZK\ZHWKLQNVRPHWKLQJLVVXVWDLQDEOH7R HQRXJKWRVD\ ň:HKDYHbSURGXFWVQRZOHWŇV JLYHRXUFXVWRPHUVWKHRSSRUWXQLW\WRTXHVWLRQ PDNHDJUHHQUDQJHZLWKILYHSURGXFWVʼn7KHFRU WKLQJV6XVWDLQDELOLW\LVQRWVRHDV\WRDQVZHU UHFWb–RUPRUHEHDXWLIXOb–DSSURDFKZRXOGEHWR ZLWK\HVRUQR7KHUHDUHDOUHDG\PDQ\ODEHOVZKHUH VD\ ň:KHUHFDQZHWDNHWKHILUVWVWHSVLQWKH \RXFDQEHVXUHWKDWDFHUWDLQVWDQGDUGLVLQ FRPSDQ\":KDWLVRXUREMHFWLYHLQWHUPVRIZRUN SODFH%XWWKHUHDUHDOZD\VSURGXFWVWKDWFDQQRW 66 67 )8785(bb%($87 “These cycles in pristine nature, In your book you give sustainability tips for HYHU\GD\OLIH 68 69 )8785(bb%($87 PATRICIA SILVEIRA “Sustainable raw materials and natural ingredients are becoming increasingly important. As a pioneer, Weleda is an inspiration for the entire industry and beyond. I expect the cosmetics industry to become more responsible, clean and conscious in the future. Because consum- ers have become more critical and de- PDQGLQJb– and that is a good thing. By valuing natural ingredients, we pro- PRWHbRXUKHDOWKDQGDOVRWKDWRIQDWXUHʼn Patricia Silveira is a dermatologist living in Brazil. MADELINE STUART ň6HHLQJWKHZRUOGVORZO\FKDQJH WREHFRPHPRUHLQFOXVLYHLQVSLUHVPHʼn 0DGHOLQH6WXDUWLVDQ$XVWUDOLDQPRGHO 6KHKDVEHHQRQWKHFDWZDONDWDOOWKHELJ)DVKLRQ:HHNV 70 )8785(bb%($87 “I often find that you need almost nothing to be happy.” +HULQGXVWU\LVIDVWPRYLQJDQGGHVLJQHGIRUVKRUWWHUPVXFFHVV +RZGRHVWKHDFWUHVV/HQD.OHQNHQHYHUWKHOHVVPDQDJHWRPDNH LQIRUPHGDQGVXVWDLQDEOHGHFLVLRQVLQHYHU\GD\OLIH" Ms Klenke, what does sustainability have KDYH")RUPHVXVWDLQDELOLW\DOVRKDVWRGRZLWK to do with beauty? F\FOHVFORVHGF\FOHV7KDWPHDQVQRWWKURZLQJ ,WKLQNWKH\EHORQJWRJHWKHU:LWKVXVWDLQDELOLW\ HYHU\WKLQJDZD\EXWDOVRUHSDLULQJWKLQJVRUILQG FRPHVGHFHOHUDWLRQDUHWXUQWRWKHURRWVDQG LQJVRPHRQHZKRFDQVWLOOXVHWKHPDQGWKHQ RIWHQWKHLGHDWKDWňOHVVLVPRUHʼn,QWKHLQGXVWU\ WKLQNLQJDERXWZKHWKHU\RXQHHGWRUHSODFHWKH ,ZRUNLQWKLQJVRIWHQKDYHWREHKLJKHUIDVWHU SURGXFWDWDOO IXUWKHUb–LQHYHU\UHVSHFW6RIRUPH,YHU\GHOLEHU DWHO\VHHNEDODQFHLQWKHRULJLQVWRUHDOLVHWKDW Companies that want to do business in a \RXRIWHQQHHGDOPRVWQRWKLQJWREHKDSS\DQG VXVWDLQDEOHPDQQHUDUHLQDELQGWKHVHGD\V WKDWWKHPRVWEHDXWLIXOPRPHQWVDULVHVSRQWD They need to grow and sell more to survive QHRXVO\DQGE\FKDQFHDQGZLWKRXWH[FHVVLYHOX[ LQWKHPDUNHW%XWWKH\DOVRZDQWWROHDYH XU\ “Do I just want to be part of a society that keeps trying to create needs that I don’t actually have?” 73 )8785(bb%($87 Figures from the FROM PLASTIC TO GREEN GLASS Weleda world Our Skin Food Body Butter is a real blockbuster. Launched in 2019 as part of the expansion of the Skin Food range, it is enjoying great popularity worldwide. Now we have also switched the packag- ing to environmentally friendly, recyclable green glass with a high amount of post-consumer recycled 2,700,000 material. is how many times ZHVROGRXU6NLQ)RRGLQ 97 % recycled plastic CHRISTINE GESIEN LVLQWKHQHZU3(7ERWWOHVZKLFKDUHXVHGIRURXU Senior EDE\SURGXFWVORWLRQVDQGWKH3ULFNO\3HDUUDQJH Packaging Manager 7KH\ZLOOJUDGXDOO\EHXVHGLQRWKHUSURGXFWV7KH UHPDLQLQJWKUHHSHUFHQWDUHFRORXUDQWV :HEHOLHYHWKDWEHDXW\DQGVXVWDLQ DELOLW\JRKDQGLQKDQG7KDWLVZK\ZH DOVRDWWDFKJUHDWLPSRUWDQFHWRVXV WDLQDEOHSDFNDJLQJ2XUGHVLJQDQGWKH 200 SDFNDJLQJGHVLJQUHIOHFWRXUHFRORJLFDO tubes VWDQGDUGV7KHSDFNDJLQJVKRXOGILUVW DQGIRUHPRVWSURWHFWRXUSURGXFWVDQG SHUPLQXWHDUHILOOHGE\WKHQHZFRPELQDWLRQ WXEHOLQHIRUQDWXUDOFRVPHWLFVDWWKH6FKZÉELVFK QRWKDUPWKHHQYLURQPHQW)RUWKH *PĚQGVLWH7KHSDFNDJLQJOLQHZKLFKFRVWRYHU SRSXODU6NLQ)RRG%RG\%XWWHUZHKDYH VL[PLOOLRQHXURVFDQILOORXUSURGXFWVLQYDULRXV VZLWFKHGWRVXVWDLQDEOHJUHHQJODVV SDFNDJLQJPDWHULDOV DQGVLJQLILFDQWO\UHGXFHGWKHSODVWLFLQ WKHFDS:KHUHIROGLQJFDUWRQVDUHVWLOO QHHGHGWKH\ZLOOKDYHDUHF\FOHGFRQWHQW RIDWOHDVWSHUFHQW2YHUDOOZHDUH 20 – 40 IRFXVLQJPRUHVWURQJO\RQVRFDOOHGSRVL WLYHSDFNDJLQJLQWKHGHYHORSPHQWRI trillion SDFNDJLQJ3URGXFWSURWHFWLRQHQYLURQ PLFURRUJDQLVPVDUHIRXQGLQWKHKXPDQERG\ PHQWDOSURWHFWLRQDQGXVHUH[SHULHQFH 7KH\DUHFDOOHGWKHPLFURELRPH5HVHDUFKRQ JRKDQGLQKDQG WKHLQWHUDFWLRQEHWZHHQPLFURRUJDQLVPVDQGRXU VNLQLVVWLOOLQLWVLQIDQF\ 74 75 )8785(bb%($87 OUR FOUR AROMA SHOWERS Our commitments and goals :LWKb\HDUVRIH[SHULHQFHLQZRUNLQJZLWKHVVHQ- for sustainability tial oils, Weleda has designed four Aroma Showers that promote natural well-being on an individual basis. Depending on your mood, our new Aroma Showers invigorate, relax, pamper and envelop you, because each one is unique in terms of fragrance and pro- vides an experience for body and senses while you DUHVKRZHULQJ7KHIUDJUDQFHFRQVLVWVRIbSHU PRODUCT DEVELOPMENT AND PRODUCTS 78 FHQWQDWXUDObHVVHQWLDORLOVDQGSODQWH[WUDFWVDQGXQ- MANAGEMENT AND FINANCE 79 folds its full power in the steam of the shower. REGENERATIVE FARMING AND BIODIVERSITY 80 RESPECTFUL SUPPLY CHAIN 81 SUSTAINABLE SITES, PRODUCTION AND LOGISTICS 82 DEVELOPMENT OF ENVIRONMENTAL INDICATORS 83 MEANINGFUL AND EFFECTIVE WORK 84 CULTURAL AND SOCIAL RELATIONSHIPS AND DEVELOPMENT 85 OUR CONTRIBUTION TO THE SUSTAINABLE DEVELOPMENT GOALS 86 PRICKLY PEAR FOR MOISTURE Prickly pears are bursting with moisture inside. This inspired us to create our new Weleda Prickly Pear range. In a complex, patent-pending process, we extract the water-binding com- ponents of the dried cacti to make an effective extract. Initial customer testimonials confirm the desired effect of long-last- ing moisture. In 2020, initial sales began in Germany, Austria, Switzerland and France. Other markets will follow in the course of 2021. All four products are Natrue-certified and bear the UEBT label for sourcing raw materials with respect for people and nature. 77 OUR COMMITMENTS AND GOALS FOR SUSTAINABILITY OUR COMMITMENTS AND GOALS FOR SUSTAINABILITY Product development and products Management and finance Contribution to the Sustainable Development Goals of the United Nations Contribution to the Sustainable Development Goals of the United Nations 0RUHDERXW:HOHGDDQGWKH6XVWDLQDEOH'HYHORSPHQW*RDOVRIWKH8QLWHG1DWLRQVRQSDJHb 0RUHDERXW:HOHGDDQGWKH6XVWDLQDEOH'HYHORSPHQW*RDOVRIWKH8QLWHG1DWLRQVRQSDJHb Our commitments Milestones 2020 Trend Assessment Our commitments Milestones 2020 Trend Assessment 100% Natrue certification for New products: Value added statement Ongoing continuation in 2020 (VHHSDJHbDQGLQVLGHFRYHU) all cosmetic products Prickly Pear Care range: 24h Moisturising Cream Financial resilience through Further increase in the equity ratio, resilience and 24h Moisturising Fluid corresponding equity ratio and independence of the company Refreshing Moisturising Eye Gel liquidity As in 2019, no interest-bearing financial liabilities at end of Refreshing Moisturising Spray 2020 Pomegranate Firming Face Oil Ensuring future viability through In 2020 Weleda continued to undertake projects for Nature Cocoon Shower investment in the development of the the ongoing development of Weleda. The five most important company of these are: High vertical integration Strengthening of vertical integration, for example in tincture (fragrance development, quality production Opening of the Weleda City Spa in Hamburg and, in spring control and tincture production) 2021, in Stuttgart Continuation of the planning (planning phase 2) for Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 3URPLVHIXOILOOHG 3URPLVHQRWIXOILOOHG a new logistics centre in Schwäbisch Gmünd New glass filling line in Schwäbisch Gmünd for pharmaceutical New targets for 2022 Status quo 2020 Trend Assessment and natural and organic cosmetics products Planning of production expansion in Arlesheim Attractive and sustainable packaging Various projects to increase the proportion of raw materials from biodynamic agriculture Natural and organic cosmetics primary packaging (based on the weight of all Definition of sustainability criteria Adoption of the draft sustainability criteria for investment of the endowment fund packaging produced, including closure systems): of the Swiss pension fund At least 65 % recycled materials Share of recycled materials: approx. 40 % Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 3URPLVHIXOILOOHG 3URPLVHQRWIXOILOOHG or bioplastics At least 75 % recyclability or Recyclability percentage: approx. 85 % compostability New targets for 2022 Status quo 2020 Trend Assessment Activities in 2020: switched bottles for baby products to Global B Corp 97 % rPET, switched Skin Food Body Butter to green glass jars, introduction of Prickly Pear Facial Spray with bottles Weleda and all its branches Beginning of the main B impact assessment. Successful made of 97 % rPET, preparation of “unpacked” pilot project certified as B Corp validation and awards for the entire Weleda Group are planned for 2021. Natural cosmetics packaging Share of sustainable paper or cardboard: (folding boxes, package inserts): Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 7DUJHWHDV\WRUHDFK 7DUJHWGLIILFXOWWRUHDFK 7DUJHWYHU\GLIILFXOWWRUHDFK 100 % sustainable paper or 100 % (FSC-certified and / or recycled material) cardboard (e. g. recycled material, FSC label) 100 % recyclability or compostability Recyclability percentage: 100 % Activities in 2020: introduction of folding cartons with higher recycled content of 85 % in total Natural cosmetics transport packaging: 100 % sustainable paper or Percentage of sustainable paper or cardboard: 100 % cardboard (e. g recycled material, (FSC-certified and / or recycled material) FSC label) 100 % recyclability or compostability Recyclability percentage: 100 % Increasing the share of ecological filling and packaging material Activities in 2020: use of optimised transport packaging Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 7DUJHWHDV\WRUHDFK 7DUJHWGLIILFXOWWRUHDFK 7DUJHWYHU\GLIILFXOWWRUHDFK 78 79 OUR COMMITMENTS AND GOALS FOR SUSTAINABILITY OUR COMMITMENTS AND GOALS FOR SUSTAINABILITY Regenerative farming and biodiversity Respectful supply chain Contribution to the Sustainable Development Goals of the United Nations Contribution to the Sustainable Development Goals of the United Nations 0RUHDERXW:HOHGDDQGWKH6XVWDLQDEOH'HYHORSPHQW*RDOVRIWKH8QLWHG1DWLRQVRQSDJHb 0RUHDERXW:HOHGDDQGWKH6XVWDLQDEOH'HYHORSPHQW*RDOVRIWKH8QLWHG1DWLRQVRQSDJHb Our commitments Milestones 2020 Trend Assessment Our commitments Milestones 2020 Trend Assessment Minimum average organic propor- Current status: 80 % Cultivation projects Support of social and ecological initiatives and projects: WLRQbRIEDVHGRQFHUWLILDEOHUDZ Organic requirement implemented for new raw materials (approx. 50 worldwide) 0ROGRYDb– lavender: conversion to biodynamic agriculture materials UEBT standard: new partnerships comply with organic require- with support from Deutsche Investitions- und Entwicklungs- ments and fulfil social and ecological demands. gesellschaft, assistance through another PPP project with support from GIZ to protect the harvest workers and the vil- Commitment to a more sustainable Participation in the Forum for Sustainable Palm Oil (FONAP), lage population from the coronavirus pandemic palm industry cooperation with BOS Germany (Borneo Orangutan Survival) $OEDQLDb– calendula, viola and sunflower: cultivation in a nature reserve, in order also to create jobs for the rural Eight own medicinal herb gardens Medicinal plant garden in Germany: population worldwide (Germany, largest bio- New bird species after native fish were introduced to the 5RPDQLDb– arnica: preparation of a project together with DBU dynamic garden in Europe, Switzerland, ponds: kingfisher for the protection of the special landscape in order to be able France, England, Netherlands, Brazil, to obtain arnica in wild collection in the future. For example, Argentina, New Zealand) mapping of arnica meadows and pastures, observation of the terrain by drones, evaluation of land management Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 3URPLVHIXOILOOHG 3URPLVHQRWIXOILOOHG *HUPDQ\%XOJDULDDQG&]HFK5HSXEOLFb– calendula and lavender: further consultation on biodynamic cultivation New targets for 2022 Status quo 2020 Trend Assessment 0H[LFRb– sesame: ongoing medical support Initiative for biodynamic agriculture Exploratory talks for alliances with external partners (financing of antiserum against scorpion bites) Priorities: 3HUXb– ratanhia: new collection areas for controlled organic Expansion of biodynamically farmed areas wild collection (together with Demeter) &DPHURRQb– bees: initiation of a PPP project to establish Enhanced communication on the advantages of regenerative a sustainable supply chain for certified organic beeswax agriculture, new projects and alliances for the conversion UEBT management system for the See Ethical Sourcing Commitments on page 138 to biodynamic raw materials, as in the case of lavender cultiva- entire supply chains of natural raw tion in Moldova materials in the natural and organic Increase in the proportion of raw Conversion from organic to Demeter quality for the following cosmetics area materials from biodynamic agriculture raw materials: Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 3URPLVHIXOILOOHG 3URPLVHQRWIXOILOOHG to 30 % Cane and beet sugar, olive oil, sunflower oil, jojoba oil Promotion of biodiversity in projects Participation in the Union for Ethical BioTrade (UEBT) New targets for 2022 Status quo 2020 Trend Assessment and with stakeholders (chair, representation on several committees) Transparency regarding true costs Since mid-2018, Weleda has been certified according to the UEBT Ethical Sourcing System. The supply chain manage- Transparency regarding the true Evaluation of the impact of 15 raw materials and planning PHQWbV\VWHPLVWKXVJUHDWO\LQWHQVLILHG$WRWDORIbVXSSO\ costs for all essential plant-based raw of next steps FKDLQVLQbFRXQWULHVKDYHQRZEHHQDXGLWHG7KH8(%7 materials (true cost accounting) logo is displayed on our new cosmetics packaging. Increased communication about biodiversity / UEBT and Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 7DUJHWHDV\WRUHDFK 7DUJHWGLIILFXOWWRUHDFK 7DUJHWYHU\GLIILFXOWWRUHDFK Demeter, including in trade Seed strategy and seed initiative Seed strategy to preserve seed diversity and promote alternative seed initiatives Support for organisations such as Initiative Biosaatgut Sonnenblume (IBS), Hortus officinarum and Zukunftsstiftung Landwirtschaft which, like Weleda, are committed to free- GRPbIURP*02VWKHSURPRWLRQRIK\EULGIUHHVHHGVDQGWUDQV- parency in organic supply chains. Pilot project with scien- WLILFbVXSSRUWDQGLQFRRSHUDWLRQZLWKRWKHUFRPSDQLHVWROLQN economic wild collection for pharmaceutical companies with nature conservation in the collection areas Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 7DUJHWHDV\WRUHDFK 7DUJHWGLIILFXOWWRUHDFK 7DUJHWYHU\GLIILFXOWWRUHDFK 80 81 OUR COMMITMENTS AND GOALS FOR SUSTAINABILITY OUR COMMITMENTS AND GOALS FOR SUSTAINABILITY Sustainable sites, production and logistics Development of environmental indicators Our goal is to reduce the energy, water and waste intensity with which we manufacture our Contribution to the Sustainable Development Goals of the United Nations products by 2.5 per cent annually. We thus aim to continuously reduce the use of resources and the volume of waste generated so as to protect the environment and save on costs. ,QWHQVLW\LVVWURQJO\DIIHFWHGE\WKHFDSDFLW\XWLOLVDWLRQRI 7KHIROORZLQJHQYLURQPHQWDOLQGLFDWRUVDUHHVVHQWLDOIRU:HOHGD RXUIDFLOLWLHV WKHPRUHSURGXFWVWKHIDFLOLWLHVSURGXFHZLWKLQWKH WKHFRQVXPSWLRQRISRWDEOHZDWHUDQGHQHUJ\DVZHOODVWKH 0RUHDERXW:HOHGDDQGWKH6XVWDLQDEOH'HYHORSPHQW*RDOVRIWKH8QLWHG1DWLRQVRQSDJHb RSHUDWLQJWLPHVWKHORZHUWKHLQWHQVLW\(LPSURYHGHIILFLHQF\) DPRXQWRIZDVWHLQUHODWLRQWRWKHSURGXFWLRQYROXPHRIILQLVKHG &DSDFLW\XWLOLVDWLRQGHSHQGVSULPDULO\RQWKHRUGHUVLWXDWLRQRYHU SURGXFWVDQGSURGXFWFRQWHQW7KHFKDUWVEHORZVKRZWKHVXF Our commitments Milestones 2020 Trend Assessment ZKLFKZHKDYHRQO\OLPLWHGLQIOXHQFH:HGRKDYHDGLUHFW FHVVHVWRGDWHWKHFXUUHQWVWDWXVDQGRXUWDUJHWVXSWR7KH :DVWHUHXVHUDWHŲ Rate is 98 % LQIOXHQFHRQWKHWHFKQLFDOIDFLOLWLHV(HQHUJ\HIILFLHQWSURGXFWLRQ NH\ILJXUHVUHODWHWRWKHPDQXIDFWXULQJFRXQWULHVRI)UDQFH Own production with 100 % elec- In Switzerland, we have improved the ecological quality IDFLOLWLHV)SURFHVVFRQWUROLQSURGXFWLRQ(OHDQZRUNIORZVDQG *HUPDQ\DQG6ZLW]HUODQG7KHODUJHVWTXDQWLWLHVDUHSURGXFHG tricity from renewable sources in of electricity. VPRRWKRSHUDWLRQ)IRUPXODWLRQV(FROGRUKRWSURGXFWLRQRISURG DWWKHVHORFDWLRQV CH, DE, FR Installation of a second PVA plant at the headquarters XFWFRQWHQW)DQGWKHDYRLGDQFHRIZDVWHGXULQJSURGXFWLRQDQG GLVWULEXWLRQ Environmental management system: The recertification in CH and monitoring audits in DE were ISO 14001 and EMAS in CH and DE successfully completed. Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 3URPLVHIXOILOOHG 3URPLVHQRWIXOILOOHG Water intensity 3RWDEOHZDWHUFRQVXPSWLRQLQUHODWLRQWRSURGXFWLRQYROXPH(SURGXFWFRQWHQW)7DUJHW UHGXFWLRQ 'HYHORSPHQWRIZDWHULQWHQVLW\IURPWR5HIHUHQFH\HDU New targets for 2022 Status quo 2020 Trend Assessment Improvement of the environmental footprint 100 % electricity from renewable Associated companies: 91.5 %, improvement of 2.8 % sources in all associated companies compared to previous year – 2.5 % as well as contract manufacturers Contract and packaging manufacturers: not fully known, – 12.4 % – 1.8 % and packaging manufacturers measures for recording have been started. Renewable energy share of at approx. 52.1 % 7DUJHWE\ :DWHULQWHQVLW\LQONJSURGXFWFRQWHQW least 80 % for our own buildings 100 % renewable electricity in CH, DE, UK, NL, NZ and ES 9DOXHVDFKLHYHGZLWKUHODWLYHGHYHORSPHQWFRPSDUHGWRWKHSUHYLRXV\HDU and production facilities Installation of a new PVA plant in NL 100 % emissions transparency 0HDVXUHPHQWRI&2ƒHPLVVLRQV Energy intensity for Scope 1, 2 and 3 and reduction Balance of the worldwide carbon footprint in 2020, (QHUJ\FRQVXPSWLRQLQUHODWLRQWRSURGXFWLRQYROXPH(SURGXFWFRQWHQW)7DUJHW UHGXFWLRQ programme Scope 1 – 3 for 2019 (see pages 6 – 7 ). A climate strategy based 'HYHORSPHQWRIHQHUJ\LQWHQVLW\IURPWR5HIHUHQFH\HDU on the insights was implemented. Reduction of energy intensity by Not achieved: – 0.4 % in CH, DE, FR, but overall on target 2.5 % per year + 3.1 % Reduction of potable water intensity Not achieved: – 1.8 % in CH, DE, FR, but overall on target – 8.8 % – 0.4 % by 2.5 % per year Reduction of waste intensity by Achieved: – 7.3 % in CH, DE, FR, but overall not yet on target 2.5 % per year The waste reduction coordination office created for the CH / DE 7DUJHWE\ (QHUJ\LQWHQVLW\LQN:KNJSURGXFWFRQWHQW sites is having an effect. 9DOXHVDFKLHYHGZLWKUHODWLYHGHYHORSPHQWFRPSDUHGWRWKHSUHYLRXV\HDU Increase in waste recycling rate by Not achieved: + 0.8 % 2.5 % annually Waste intensity :DVWHYROXPHLQUHODWLRQWRSURGXFWLRQYROXPH(ILQLVKHGSURGXFW)7DUJHW UHGXFWLRQ Sustainable and future-oriented The transport plan for the headquarters in Arlesheim has 'HYHORSPHQWRIZDVWHLQWHQVLW\IURPWR5HIHUHQFH\HDU logistics and mobility concept been drawn up, but implementation has been delayed due to the pandemic. A pilot project for a dedicated e-bike fleet for employees will start in May 2021. + 8.3 % At the time of publication of this report, the new central logistics building at the German branch in Schwäbisch Gmünd is in the – 2.1 % – 7.3 % design and approval planning phase. The aim is to achieve a very high standard of sustainability. The ground-breaking ceremony is planned for the second half of 2021. 9DOXHVDFKLHYHGZLWKUHODWLYHGHYHORSPHQWFRPSDUHGWRWKHSUHYLRXV\HDU 7DUJHWE\ :DVWHLQWHQVLW\LQJNJILQLVKHGSURGXFW Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 7DUJHWHDV\WRUHDFK 7DUJHWGLIILFXOWWRUHDFK 7DUJHWYHU\GLIILFXOWWRUHDFK 1RWH WKHSUHYLRXV\HDUŇVYDOXHVRIWKHHQHUJ\DQGZDWHULQWHQVLW\ZHUHDGMXVWHGEDVHGRQDFKDQJHGGDWDEDVLV 82 83 OUR COMMITMENTS AND GOALS FOR SUSTAINABILITY OUR COMMITMENTS AND GOALS FOR SUSTAINABILITY Meaningful and effective work Cultural and social relationships and development Contribution to the Sustainable Development Goals of the United Nations Contribution to the Sustainable Development Goals of the United Nations 0RUHDERXW:HOHGDDQGWKH6XVWDLQDEOH'HYHORSPHQW*RDOVRIWKH8QLWHG1DWLRQVRQSDJHb 0RUHDERXW:HOHGDDQGWKH6XVWDLQDEOH'HYHORSPHQW*RDOVRIWKH8QLWHG1DWLRQVRQSDJHb Our commitments Milestones 2020 Trend Assessment Our commitments Milestones 2020 Trend Assessment Promotion of the Weleda culture A wide range of seminars, including virtual formats, for example: Commitment to anthroposophic Attracting scientific staff for the Anthroposophic Pharmacy and personal and professional Weleda Biography Days medicine Competence Centre development “Appreciative communication” Commitment to a pharmaceuticals business that balances shared responsibility for the system of anthroposophic ň5HVLOLHQFHb– my inner strength” medicine with economic considerations “Mindful self-management” Inspiring people Preparation of a centre of excellence in education for sus- Promotion of work-life balance, Promoting personal resilience on the intranet: tainable development together with the Schwäbisch Gmünd health and diversity at the main sites “I take time for myself” with regular suggestions on body, local authority. Collaboration started on January 1st 2021, soul, spirit, developed by “Startup@Ausbildung” first courses from spring 2021. “Healthy living at a glance” (CH, DE), suggestions for health On the occasion of the 100th anniversary, development of on the intranet the virtual platform Open Garden with playful elements such Company eurythmy as Augmented Reality &RURQDYLUXVFRQVXOWDWLRQKRXUVE\+5b– support in difficult Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 3URPLVHIXOILOOHG 3URPLVHQRWIXOILOOHG times for all employees (CH, DE) Active involvement by and for Has been curtailed in part due to the pandemic. New targets for 2022 Status quo 2020 Trend Assessment employees A wide range of provisions and initiatives, such as: Communication of at least 777 Weleda The Goodprints concept has been further developed with Choir (CH) “goodprints”, which highlight the a focus on “impact instead of numbers”, supported by a strategic Yoga (CH, DE) good deeds of Weleda and Weleda em- focus and cooperation with external partners, as well as Meditation (CH, DE) ployees and inspire people to lead strengthening of our communication, for example with the sustainable lives magazine Werde. Massage (CH, DE) Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 7DUJHWHDV\WRUHDFK 7DUJHWGLIILFXOWWRUHDFK 7DUJHWYHU\GLIILFXOWWRUHDFK Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 3URPLVHIXOILOOHG 3URPLVHQRWIXOILOOHG New targets for 2022 Status quo 2020 Trend Assessment Place for human development based on shared tasks Introduction of a Global Leadership Development of the Weleda leadership training “Gut führen” Programme for all managers, start (CH, DE) second quarter of 2021, Group- wide roll-out planned afterwards Worldwide development of Weleda Intercultural collegial exchange at the annual HR International culture and identity Conference Further development of the experiment launched in 2019 ň$VVRFLDWLYHWUDLQLQJʼnDW:HOHGDb */6%DQNZLWKWZRPRUH $VVRFLDWLYH6WXG\%XVLQHVV$GPLQLVWUDWLRQVWXGHQWVVWDUWLQJb– educated in different cultures, with broadened horizons and unique prospects for personal development Transformation Collegial Leadership Sustainable cooperation on equal terms and distribution of and Collaboration management responsibility. Participation of employees (CH, DE) LQRYHUbWUDQVIRUPDWLRQZRUNVKRSVEDVHGRQWKHLQWHJUDO model, innovative experiments in selected departments Promotion of a work-life balance, International exchange between colleagues in HR Group health and diversity worldwide Conference “People at Weleda”: presentation of the workshop provision Weleda Biography Days as a contribution to personal development and resilience Trend: ULVLQJ XQFKDQJHG IDOOLQJ Assessment: 7DUJHWHDV\WRUHDFK 7DUJHWGLIILFXOWWRUHDFK 7DUJHWYHU\GLIILFXOWWRUHDFK 84 85 OUR COMMITMENTS AND GOALS FOR SUSTAINABILITY Our contribution to the Sustainable Development Goals Management Report We have aligned the actions we have taken so far with the Sustainable Development Goals published in 2015 by the United Nations. This enhances transparency and traceability as well as safeguarding nature and the needs of our cultivation partners. The Sustainable Development Goals were compiled by the United Nations DQGDLPWRWUDQVIRUPWKHZRUOGE\7KH\LQFOXGHbJOREDOJRDOVZLWK bVXEVLGLDU\WDUJHWV Ő&RPSOLDQFHZLWKVRFLDOFULWHULD Ő3URGXFWVGRQRWFRQWDLQPLFUR Ő6XVWDLQDEOHSURGXFWVIRUWKHZHOO VALUE ADDED STATEMENT 88 DORQJRXUUDZPDWHULDOVXSSO\ SODVWLFVDQGRWKHUSHUVLVWHQWRU EHLQJRISHRSOHLQKDUPRQ\ZLWK DEVELOPMENT IN THE MARKETS 89 FKDLQV(HJDQQXDOQHJRWLDWLRQV ZDWHUSROOXWLQJVXEVWDQFHV QDWXUH RQFRVWEDVHGSULFHVVXSSOHPHQWV Ő3URGXFWLRQ LQYHVWLQJJUHDWO\LQ Ő1DWUXHFHUWLILFDWLRQRIDOOQDWXUDO WELEDA IN THE MARKETS 90 IRURUJDQLFFXOWLYDWLRQJXDUDQWHHG HIIHFWLYHDQGHIILFLHQWZDWHU DQGRUJDQLFFRVPHWLFVSURGXFWV PLQLPXPLQFRPHSXUVXDQWWRWKH PDQDJHPHQWDQGKLJKO\HIILFLHQW PDQXIDFWXUHGLQ6ZLW]HUODQGDQG THIRD-PARTY SALES OF REGIONAL COMPANIES 94 8(%7VWDQGDUG) HTXLSPHQWLQSURGXFWLRQIDFLOLWLHV *HUPDQ\ Ő3ODQQLQJVHFXULW\IRUVPDOOKROGHUV Ő$YRLGDQFHRIFRQWULEXWLQJSHVWL Ő,QFUHDVLQJWKHSURSRUWLRQRI GENERAL ECONOMIC DEVELOPMENT IN 2020 AND OUTLOOK FOR 2021 95 WKURXJKORQJWHUPFRQWUDFWV FLGHVWRJURXQGZDWHUE\PDNLQJ UHF\FODWHLQQDWXUDOFRVPHWLFV Ő)LQDQFLDOVXSSRUWIRULQGLYLGXDO PD[LPXPSRVVLEOHXVHRIUDZ SDFNDJLQJ VRFLDOSURMHFWVZLWKLQWKHUDZ PDWHULDOVIURPRUJDQLFFXOWLYDWLRQ Ő(IIHFWLYHDQGHIILFLHQWXVHRI PDWHULDOVXSSO\FKDLQV Ő6RFLDOSURMHFWVVXFKDVEXLOGLQJ UHVRXUFHVDQGUHGXFWLRQRIZDVWH ZHOOVLQ8JDQGD LQSURGXFWLRQGHSOR\PHQWRI Ő3UHVHUYLQJUXUDOOLIHE\VXSSRUWLQJ Ő,QUHJLRQVZLWKZDWHUVFDUFLW\ HQYLURQPHQWDOPDQDJHPHQWV\V VPDOOHQWHUSULVHV VHHNLQJRSWLRQVIRUUHVRXUFH WHPVDWPDLQVLWHV(,62 Ő3URPRWLRQRIVLWHDQGVRLOTXDOLW\ FRQVHUYLQJLUULJDWLRQLQFXOWLYDWLRQ (0$6) ZLWKUDZPDWHULDOVIURPRUJDQLF Ő$FFHVVWRFOHDQGULQNLQJZDWHUIRU Ő&LUFXODUHFRQRP\LQRXURZQELR IDUPLQJELRG\QDPLFDJULFXOWXUH DOOLQYROYHGDORQJRXUUDZPDWHULDO G\QDPLFPHGLFLQDOSODQWFXOWLYDWLRQ DQGFRQWUROOHGZLOGFROOHFWLRQ VXSSO\FKDLQVSXUVXDQWWRWKH Ő8VHRIQRQ*02VHHGVRQO\ Ő2XUELRG\QDPLFJDUGHQDVDQ 8(%7VWDQGDUG Ő6RFLDOSURMHFWVZLWKUDZPDWHULDO H[DPSOHRIUHVLVWDQWVXVWDLQDEOH VXSSOLHUV Ő(IIHFWLYHDQGHIILFLHQWHQHUJ\ DJULFXOWXUHDQGFORVHGPDWHULDO Ő*XDUDQWHHLQJIRRGVHFXULW\LQ PDQDJHPHQWLQSURGXFWLRQ F\FOHV FXOWLYDWLRQDQGFROOHFWLRQUHJLRQV (HJVZLWFKWR/(') Ő7UDQVSDUHQF\UHJDUGLQJFRPSDQ\ SXUVXDQWWRWKH8(%7VWDQGDUG Ő0DQXIDFWXULQJRXUSURGXFWV HPLVVLRQVDQGPHDVXUHVIRU XVLQJUHQHZDEOHHQHUJ\DQGRZQ UHGXFWLRQ Ő3URPRWLQJ$QWKURSRVRSKLF SKRWRYROWDLFV\VWHPV Ő7KHSUXGHQWXVHRIQDWXUDO 0HGLFLQHDQGWKHUDSHXWLFGLYHUVLW\ Ő&RQVWUXFWLRQRIQHZEXLOGLQJV UHVRXUFHVDORQJUDZPDWHULDO DVZHOODVPHGLFLQHIUHHIURP DFFRUGLQJWRVXVWDLQDEOHVWDQGDUG VXSSO\FKDLQVLQFXOWLYDWLRQ DQWLELRWLFV (HJQHZRIILFHLQ$UOHVKHLP) DQGZLOGFROOHFWLRQSXUVXDQW Ő9DULHW\RISURJUDPPHVIRUHPSOR\ –6XVWDLQDEOHSODQQLQJRIWKHORJLV WRWKH8(%7VWDQGDUG HHVWRVWUHQJWKHQUHVLOLHQFH WLFVFHQWUHLQ6FKZÉELVFK*PĚQG –7KURXJKRXUVXSSOLHUSDUWQHUVKLSV Ő(GXFDWLQJFXVWRPHUVRQKHDOWK ELRG\QDPLFDJULFXOWXUHDQG8(%7 WKURXJKSXEOLFDWLRQVDQGHYHQWV Ő(QVXULQJFRPSOLDQFHZLWKLQWHU FHUWLILFDWLRQZHVXSSRUWWKHLQ Ő(QVXULQJKHDOWKDQGVDIHW\DORQJ QDWLRQDOO\UHFRJQLVHGVRFLDODQG FUHDVHRIVRLORUJDQLFPDWWHUVZKLFK RXUUDZPDWHULDOVXSSO\FKDLQV HQYLURQPHQWDOVWDQGDUGVLQWKH ELQGVFDUERQGLUHFWO\IURPWKH SXUVXDQWWRWKH8(%7VWDQGDUG VXSSO\FKDLQSXUVXDQWWRWKH8(%7 DWPRVSKHUH VWDQGDUG Ő6RFLDOSURMHFWVWRVXSSRUW Ő3URJUHVVLYHO\LQFUHDVLQJILQDQFLDO Ő3URGXFWVZLWKRXWPLFURSODVWLFV HGXFDWLRQLQRXUUDZPDWHULDO UHVLOLHQFHDQGIXWXUHYLDELOLW\RI DQGRWKHUSHUVLVWHQWRUZDWHU VXSSO\FKDLQV WKHFRPSDQ\ SROOXWLQJVXEVWDQFHV Ő9DULRXVSURJUDPPHVIRUHPSOR\HHV Ő:HOHGDDVDňSODFHRIKXPDQ DQGWUDLQHHVVWXGHQWV GHYHORSPHQWEDVHGRQVKDUHG Ő&RRSHUDWLRQVZLWKXQLYHUVLWLHV Ő2UJDQLFRUELRG\QDPLFIDUPLQJ WDVNVʼnZLWKDZLGHUDQJHRIPHDV DQGRWKHULQVWLWXWLRQVRIKLJKHU RUFHUWLILHGZLOGFROOHFWLRQDFFRXQW XUHVDQGRIIHUVIRUHPSOR\HHV HGXFDWLRQ IRU!SHUFHQWRIUDZPDWHULDOV Ő*XLGHGE\RXUYLVLRQDQGPLVVLRQ Ő9ROXQWDU\(FRORJLFDO 86 87 MANAGEMENT REPORT MANAGEMENT REPORT Value added statement Development in the markets We will secure our company’s future viability by means of prudent, ethical business practices. Our total sales exceeded EUR 424 million in 2020. As in previous years, the distribution of growth rates demonstrates how important our internationalisation is. The movements in the markets balance each other out and thus ensure stable development. %\FRQGXFWLQJRXUEXVLQHVVLQDUHVSRQVLEOHZD\ZHLPSURYH 7KHYDOXHDGGHGVWDWHPHQW(LQVLGHFRYHUSDJH)LOOXVWUDWHVKRZ :HOHGDŇVDELOLW\WRPDQDJHULVNbŐIURPEHKDYLRXULQWKHPDU WKHHFRQRPLFDFWLYLWLHVRIRXUFRPSDQ\JHQHUDWHYDOXHIRUVRFLHW\ NHWbWKURXJKHQYLURQPHQWDOO\UHOHYDQWDVSHFWVWRUHODWLRQVKLSV XQOLNHWKHLQFRPHVWDWHPHQWZKLFKLVEDVHGRQWKHYLHZSRLQW Weleda is present in the following countries: Total ZLWKHPSOR\HHVDQGH[FKDQJHVZLWKDOORWKHUNH\LQWHUHVW RIWKHRZQHUVWKHYDOXHDGGHGVWDWHPHQWVHWVRXWWKHFRQWULEXWLRQ JURXSVDQGVWDNHKROGHUV,QWKLVZD\VXVWDLQDEOHYDOXHDGGHG PDGHE\WKH:HOHGD*URXSWRSULYDWHDQGSXEOLFLQFRPH7KHYDOXH Regional companies LVFUHDWHGWKDWFDQEHGLVWULEXWHGWRRXUHPSOR\HHV(LQFRPH) DGGHGVWDWHPHQWVKRZVWKHH[SHQGLWXUHZLWKZKLFK:HOHGDDFKLHYHG Agencies Germany Netherlands ( ) Ő – 1.2 % WRSURYLGHUVRIFDSLWDO GLVWULEXWLRQLQWHUHVW WRQRQSURILWLQVWL LWVFRPSDQ\SHUIRUPDQFHDQGKRZWKHDGGHGYDOXHJHQHUDWHGZDV ( ) ( ) WXWLRQV GRQDWLRQV DQGWRWKHSXEOLF WD[HV GLVWULEXWHG United Kingdom Sweden Ukraine Business performance Value added Value added per employee LQPLOOLRQ(85 LQPLOOLRQ(85 LQ(85 º º º – 1.1 % – 1.2 % – 1.6 % France Ő Spain 427.3180.5 82,922 South Korea Switzerland 7KHEXVLQHVV $IWHUGHGXFWLRQ 9DOXHDGGHGSHU Czech Republic SHUIRUPDQFHGHFUHDVHG RILQSXWV :HOHGD*URXSHPSOR\HHLQ PDLQO\GXHWR DIXOOWLPHSRVLWLRQ WKHGHFUHDVHLQVDOHV Austria USA Russia Italy Donations Employees Shareholders LQPLOOLRQ(85 LQPLOOLRQ(85 LQPLOOLRQ(85 Chile ´ º ± 0 % – 3.5 % Argentina Australia Third-party sales of regional companies Brazil 7KHSHUFHQWDJHVUHODWHWRWKHFKDQJHLQ New Zealand 2.6 158.7 0.9 WKLUGSDUW\VDOHVRIWKHUHVSHFWLYH:HOHGD FRPSDQ\FRPSDUHGZLWKWKHSUHYLRXV\HDU 2IWKLV(85PLOOLRQZHQW 7KHDGGHGYDOXHJHQHUDWHGZDV )RUWKH%RDUGRI (LQORFDOFXUUHQF\SDJHb ) WRWKH6FKRRORI6SLULWXDO6FLHQFH VXIILFLHQWWRFRYHUWKHLQFRPHRIRXU 'LUHFWRUVSURSRVHVPDNLQJ LQ'RUQDFKDQGYDULRXV HPSOR\HHV2XUHPSOR\HHVDUH DGLVWULEXWLRQRIbSHUFHQW DQWKURSRVRSKLFLQVWLWXWLRQV FRHQWUHSUHQHXUVZKRDUHLQYROYHGLQ WRVKDUHKROGHUV WKHSHUIRUPDQFHSURFHVV America Europe Africa Australia 6XSSRUWLQJDQGSURPRWLQJDVHQVH Lenders and creditors Taxes $UJHQWLQD%UD]LO $XVWULD%HOJLXP%RVQLDDQG (J\SW0RURFFR $XVWUDOLD1HZ=HDODQG LQPLOOLRQ(85 RISHUVRQDOUHVSRQVLELOLW\DQG LQPLOOLRQ(85 &DQDGD&KLOH0H[LFR +HU]HJRYLQD%XOJDULD&URDWLD&]HFK WKHZD\WKDWHDFKLQGLYLGXDOFRQFHLYHV 3HUX86$ 5HSXEOLF'HQPDUN(VWRQLD)LQODQG RIWKHPVHOYHVDUHLPSRUWDQWWR )UDQFH*HRUJLD*HUPDQ\*UHHFH Asia ´ ¸ +XQJDU\,FHODQG,UHODQG,WDO\/DWYLD WKHFRPSDQ\ &KLQD+RQJ.RQJ,QGLD,VUDHO-DSDQ /LWKXDQLD/X[HPERXUJ0DFHGRQLD 0DOD\VLD6LQJDSRUH6RXWK.RUHD ± 0 % + 352 % 0DOWD1HWKHUODQGV1RUZD\3RODQG 7DLZDQ8QLWHG$UDE(PLUDWHV 3RUWXJDO5RPDQLD5XVVLD6HUELD 6ORYDNLD6ORYHQLD6SDLQ6ZHGHQ 0.3 11.3 6ZLW]HUODQG8NUDLQH8QLWHG.LQJGRP 88 89 MANAGEMENT REPORT MANAGEMENT REPORT Weleda in the markets Our markets performed positively in 2020 despite the coronavirus pandemic. Our products could still be sold in chemists, supermarkets, pharmacies and online. More detailed figures can be found on pages 89 and 94. In their short reports, the countries focused on different priorities. 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2020 7.8 ILQDQFLDOFUHGLWEDODQFHRI(85bPLOOLRQ(SUHYLRXV\HDU (85 &((0($ bPLOOLRQ) 13.0 Northern Europe 41.0 Total: Weleda natural and &DVKIORZIURPRSHUDWLQJDFWLYLWLHVIRU:HOHGD$*DPRXQWHG %HQHOX[8QLWHG.LQJGRP () organic cosmetics Total: (85b 6FDQGLQDYLD 14.3 WR&+)bPLOOLRQ(SUHYLRXV\HDU &+)bPLOOLRQ)LQWKH\HDU (85b million Weleda pharmaceuticals million Southern Europe 97.7 XQGHU UHYLHZ DQG DIWHU WKH GHGXFWLRQ RI QHW LQYHVWPHQWV RI )UDQFH,WDO\6SDLQ (Ő ) 12.9 &+)bPLOOLRQ(SUHYLRXV\HDU &+)bPLOOLRQ)VWLOOFDPHWR North America 21.7 11.2 &+)bPLOOLRQ(SUHYLRXV\HDU &+) bPLOOLRQ):HOHGD$*GLG () QRWUHSD\DQ\LQWHUHVWEHDULQJOLDELOLWLHVLQWKH\HDUXQGHUUHYLHZ South America 15.1 ( ) () SUHYLRXV\HDU &+)bPLOOLRQ Asia / Pacific 15.3 Operating result () 7KHFRQVROLGDWHGRSHUDWLQJUHVXOW((%,7)RIWKH:HOHGD*URXSLQ FUHDVHGE\(85bPLOOLRQRUbSHUFHQWWR(85bPLOOLRQ Investments in intangible assets and property, (SUHYLRXV\HDU (85 bPLOOLRQ)7KLVLVPDLQO\GXHWRWKHVKDUS plant and equipment LQPLOOLRQ(85 Development of sales in the business segments GHFUHDVH LQ H[SHQGLWXUH GXH WR WKH XQFHUWDLQWLHV VXUURXQGLQJ 1DWXUDODQGRUJDQLFFRVPHWLFVDFFRXQWHGIRU(85bPLOOLRQ WKH&RYLG SDQGHPLF 2020 12.4 RUSHUFHQWRIJOREDOVDOHV(SUHYLRXV\HDU (85bPLO 7KH RSHUDWLQJ UHVXOW LQ WKH VHSDUDWH ILQDQFLDO VWDWHPHQWV RI 14.5 OLRQbRUbSHUFHQW)7KHVDOHVJHQHUDWHGE\SKDUPDFHXWLFDOV :HOHGD$*LQFUHDVHGE\&+) bPLOOLRQWR&+)bPLOOLRQFRP GHFUHDVHGWR(85 bPLOOLRQ(SUHYLRXV\HDU (85bPLOOLRQ) SDUHGWRWKHSUHYLRXV\HDU 10.9 FRUUHVSRQGLQJWRSHUFHQWRIJOREDOVDOHV(SUHYLRXV\HDU 12.9 bSHUFHQW) *OREDO VDOHV RI WKH SKDUPDFHXWLFDOV EXVLQHVV VHJPHQW GH Operating result (EBIT) 7.6 FUHDVHG E\ b SHU FHQW LQ (SUHYLRXV \HDU GHFUHDVH RI LQPLOOLRQ(85 bSHUFHQW),QWKH'Ő$Ő&+UHJLRQZKLFKDFFRXQWHGIRUDURXQG 2020 22.3 bSHUFHQWRIVDOHVWKHVDOHVILJXUHIHOOE\DURXQGSHUFHQW FRPSDUHGWRWKHSUHYLRXV\HDU7KHODFNRIDIOXRXWEUHDNLVSUL 15.9 PDULO\ UHVSRQVLEOH IRU WKH VOXPS LQ VDOHV 7KH JURZWK LPSHWXV 21.1 FDPHIURPWKH6RXWK$PHULFDUHJLRQ+HUHVDOHVURVHE\ bSHU FHQW DIWHU DGMXVWPHQW IRU H[FKDQJH UDWHV ,Q )UDQFH VDOHV GH 18.7 FOLQHGE\ bSHUFHQWFRPSDUHGWRWKHSUHYLRXV\HDUPDLQO\ 23.9 GXHWRWKHGLVFRQWLQXDWLRQRIWKHUHLPEXUVHPHQWRIKRPHRSDWKLF 96 97 MANAGEMENT REPORT Consolidated Annual Financial Report 2020 Weleda Group Extraordinary events BALANCE SHEET OF THE WELEDA GROUP 100 ,QWKH\HDUXQGHUUHYLHZWKHUHZHUHQRVLJQLILFDQWH[WUDRUGLQDU\ INCOME STATEMENT OF THE WELEDA GROUP 101 HYHQWV CASH FLOW STATEMENT OF THE WELEDA GROUP 102 STATEMENT OF SHAREHOLDERS’ EQUITY OF THE WELEDA GROUP 103 Research and development activities NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS OF THE WELEDA GROUP 104 7KHJURZWKRIQDWXUDODQGRUJDQLFFRVPHWLFVZDVPDLQO\GULYHQ E\ PDUNHW H[SDQVLRQ DQG LQQRYDWLRQ :HOHGD LV FRQWLQXLQJ WR REPORT OF THE STATUTORY AUDITOR 116 EXLOGXSLWVH[SHUWLVHLQSKDUPDFHXWLFDOUHVHDUFK)RUERWKVHJ PHQWVWRJHWKHU:HOHGDDJDLQLQYHVWHGGRXEOHGLJLWPLOOLRQVLQ UHVHDUFKDQGGHYHORSPHQWWKLV\HDU Outlook for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tatutory auditor Contact person for shareholders Ernst & Young AG Paul Mackay, Chairman of the Board of Directors Basel, Switzerland Secretariat and share register Corporate headquarters Sabine Lexen Weleda AG Tel. +41 61 705 22 02 Dychweg 14, 4144 Arlesheim, Switzerland Tel. +41 61 705 21 21 www.weleda.com, www.weleda.ch Branch in Germany Weleda AG Möhlerstr. 3 – 5, 73525 Schwäbisch Gmünd Germany Tel. +49 7171 91 90 www.weleda.de 98 99 $118$/),1$1&,$/5(3257bb:(/('$*5283 $118$/),1$1&,$/5(3257bb:(/('$*5283 Balance sheet of the Weleda Group Income statement of the Weleda Group Assets LQ(85 LQ(85 1RWHV 31.12.2019 1RWHV 2020 2019 Current assets Net sales of goods and services 424,059 429,268 &DVKDQGFDVKHTXLYDOHQWV 7UDGHUHFHLYDEOHV 1 Other income 10 2,960 2,787 2WKHUFXUUHQWUHFHLYDEOHV ,QYHQWRULHV 3 &KDQJHLQLQYHQWRULHVRIILQLVKHGJRRGVDQG ZRUNLQSURJUHVV 3UHSDLGH[SHQVHVDQGDFFUXHGLQFRPH Total operating income 427,484 434,512 Total current assets 206,784 199,029 &RVWRIPDWHULDOV Ő Ő Non-current assets (PSOR\HHLQFRPHDQGVRFLDOH[SHQGLWXUH 11 Ő Ő )LQDQFLDODVVHWV 4 2WKHURSHUDWLQJH[SHQVHV Ő Ő ,QYHVWPHQWVLQQRQFRQWUROOLQJLQWHUHVWV 4 'HSUHFLDWLRQDPRUWLVDWLRQDQGLPSDLUPHQWORVVHV 3URSHUW\SODQWDQGHTXLSPHQW 4 RQQRQFXUUHQWDVVHWV 13 Ő Ő ,QWDQJLEOHDVVHWV 4 Total operating expenses – 405,167 – 418,606 Total non-current assets 78,040 78,926 Operating result (EBIT) 22,317 15,906 Total assets 284,824 277,955 )LQDQFLDOH[SHQVHV 14 Ő Ő )LQDQFLDOLQFRPH Liabilities and shareholders’ equity LQ(85 Ordinary result for the year 18,957 15,444 1RWHV 31.12.2019 Liabilities ,QFRPHWD[HV Ő Ő Current liabilities Consolidated result for the year 7,690 12,980 7UDGHSD\DEOHV 2WKHUFXUUHQWOLDELOLWLHV Attributable to shareholders of Weleda AG 7,769 13,018 &XUUHQWSURYLVLRQV Attributable to non-controlling interests – 79 – 38 $FFUXHGH[SHQVHVDQGGHIHUUHGLQFRPH Total current liabilities 56,901 56,670 Non-current liabilities 2WKHUQRQFXUUHQWOLDELOLWLHV 1RQFXUUHQWSURYLVLRQV Total non-current liabilities 74,666 74,293 Total liabilities 131,567 130,963 Shareholders’ equity 6KDUHFDSLWDO 1RQYRWLQJVKDUHFDSLWDO &DSLWDOUHVHUYHV 5HWDLQHGHDUQLQJV 7UHDVXU\YRWLQJDQGQRQYRWLQJVKDUHV Ő Ő Shareholders’ equity excl. non-controlling interests 152,830 146,311 1RQFRQWUROOLQJLQWHUHVWV Shareholders’ equity incl. non-controlling interests 153,257 146,992 Total liabilities and shareholders’ equity 284,824 277,955 100 101 $118$/),1$1&,$/5(3257bb:(/('$*5283 $118$/),1$1&,$/5(3257bb:(/('$*5283 Cash flow statement of the Weleda Group Statement of shareholders’ equity of the Weleda Group LQ(85 LQ(85 2020 2019 Company Capital Accumulated Other Treasury Total Non- Total capital ¹ reserves currency retained voting and H[FOQRQ controlling LQFOQRQ &RQVROLGDWHGUHVXOWIRUWKH\HDU (agio) difference earnings non-voting controlling interests controlling 'HSUHFLDWLRQDPRUWLVDWLRQDQGLPSDLUPHQWORVVHV shares interests interests RQQRQFXUUHQWDVVHWV Shareholders’ equity st &KDQJHVLQSURYLVLRQV Ő as at January 1 2019 11,400 9,600 – 2,578 115,327 – 540 133,209 742 133,951 *DLQORVVIURPWKHGLVSRVDORIQRQFXUUHQWDVVHWV 10 5HVXOWIRUWKH\HDU Ő &KDQJHVLQWUDGHUHFHLYDEOHV Ő 'LVWULEXWLRQ Ő Ő Ő &KDQJHVLQLQYHQWRULHV Ő &KDQJHLQWUHDVXU\YRWLQJDQG QRQYRWLQJVKDUHVLQFOXGLQJJDLQ &KDQJHVLQRWKHUFXUUHQWUHFHLYDEOHVDQGSUHSDLGH[SHQVHV ORVVIURPVDOH 440 440 DFFUXHGLQFRPH &XUUHQF\WUDQVODWLRQHIIHFW2WKHU² – 4 Ő &KDQJHVLQWUDGHSD\DEOHV Ő &KDQJHVLQRWKHUFXUUHQWOLDELOLWLHVDQGDFFUXHGH[SHQVHV Shareholders’ equity st GHIHUUHGLQFRPH Ő as at December 31 2019 11,400 8,716 – 1,975 128,690 – 520 146,311 681 146,992 2WKHUQRQFDVKLWHPV 5HVXOWIRUWKH\HDU Ő &XUUHQF\DQGYDOXDWLRQLQIOXHQFHVQRWDIIHFWLQJOLTXLGLW\ 311 'LVWULEXWLRQ 000 6KDUHRIUHVXOWRIDVVRFLDWHGFRPSDQLHV Ő Ő &KDQJHLQWUHDVXU\YRWLQJDQG QRQYRWLQJVKDUHVLQFOXGLQJJDLQ Cash flow from operating activities 38,017 26,626 ORVVIURPVDOH 1 &XUUHQF\WUDQVODWLRQHIIHFW2WKHU² Ő Ő Ő Ő ,QYHVWPHQWVLQSURSHUW\SODQWDQGHTXLSPHQW Ő Ő 'LYHVWPHQWVRISURSHUW\SODQWDQGHTXLSPHQW Shareholders’ equity st ,QYHVWPHQWVLQILQDQFLDODVVHWV Ő Ő as at December 31 2020 11,400 8,716 – 3,492 136,714 – 508 152,830 427 153,257 'LYHVWPHQWVRIILQDQFLDODVVHWV ¹ &RPSDQ\FDSLWDOLVEURNHQGRZQDVIROORZV ,QYHVWPHQWVLQLQWDQJLEOHDVVHWV Ő Ő UHJLVWHUHGYRWLQJVKDUHVDW&+) UHJLVWHUHGYRWLQJVKDUHVDW&+) Cash flow from investing activities – 11,271 – 14,350 UHJLVWHUHGYRWLQJVKDUHVDW&+) UHJLVWHUHGQRQYRWLQJVKDUHVDW&+) 7KHUHZDVQRFKDQJHLQWKHFRPSDQ\FDSLWDOYHUVXVWKHSULRU\HDU 'LVWULEXWLRQ 0 Ő ² 7KHLWHP2WKHUUHWDLQHGHDUQLQJVLQFOXGHVXQGHU2WKHUDJRRGZLOOEDGZLOORQWKHEX\RXWRIQRQFRQWUROOLQJLQWHUHVWV 6DOHRIWUHDVXU\YRWLQJDQGQRQYRWLQJVKDUHV 3XUFKDVHRIWUHDVXU\YRWLQJDQGQRQYRWLQJVKDUHV – 114 Ő Cash flow from financing activities 209 – 444 Total cash flow 26,955 11,832 &DVKDQGFDVKHTXLYDOHQWVDWVWDUWRIUHSRUWLQJSHULRG 7RWDOFDVKIORZ &XUUHQF\WUDQVODWLRQHIIHFWRQFDVKDQGFDVKHTXLYDOHQWV Ő Cash and cash equivalents at end of period 73,277 47,689 102 103 $118$/),1$1&,$/5(3257bb:(/('$*5283 $118$/),1$1&,$/5(3257bb:(/('$*5283 Notes to the consolidated financial statements of the Weleda Group General YEAR-END RATES LQ(85 'XHWRURXQGLQJLQGLYLGXDOILJXUHVLQWKLVUHSRUWPD\QRWDGGXSH[DFWO\WRWKHUHSRUWHGVXP.H\ILJXUHV 2020 2020 2019 2019 DQGFKDQJHVDUHFDOFXODWHGEDVHGRQWKHH[DFWDPRXQWDQGQRWWKHUHSRUWHGURXQGHGDPRXQW Rates on balance Average rates Rates on balance Average rates sheet date sheet date &+)(6ZLVVIUDQF) Consolidation principles 86'(86GROODU) *%3(SRXQGVWHUOLQJ) Accounting principles %5/(%UD]LOLDQUHDO) 7KLV$QQXDO)LQDQFLDO5HSRUWKDVEHHQSUHSDUHGLQDFFRUGDQFHZLWKXQLIRUPDFFRXQWLQJVWDQGDUGV (:HOHGD$FFRXQWLQJ0DQXDO)7KHVHDFFRXQWLQJVWDQGDUGVFRPSO\ZLWKWKHSURYLVLRQVRQFRPPHUFLDO DFFRXQWLQJRIWKH6ZLVV&RGHRI2EOLJDWLRQV(DUWLFOH Ő E25) 7KHFRQVROLGDWHGILQDQFLDOVWDWHPHQWVRIWKH:HOHGD*URXSFRPSO\ZLWKWKHODZDQGWKHDUWLFOHVRI Intragroup transactions, balances and intercompany profits LQFRUSRUDWLRQ&HUWDLQLWHPVRIWKHEDODQFHVKHHWDVZHOODVWKHLQFRPHVWDWHPHQWDUHVXPPDULVHGLQ $OOLQWUDJURXSWUDQVDFWLRQVDQGEDODQFHVDUHHOLPLQDWHGDVZHUHDOOLQWHUFRPSDQ\SURILWVVWDWHGLQWKH RUGHUWRSURYLGHWKHUHDGHUZLWKDEHWWHURYHUYLHZ7KHVHLWHPVDUHH[SODLQHGLQGHWDLOLQWKHQRWHV EDODQFHVKHHW Scope of consolidation Balance sheet and valuation principles ,QDGGLWLRQWR:HOHGD$*$UOHVKHLPDQGLWVEUDQFK:HOHGD$*6FKZÉELVFK*PĚQGbVXEVLGLDULHVDUH ,QJHQHUDODVVHWVDQGOLDELOLWLHVDUHYDOXHGRQDQLQGLYLGXDOEDVLVLQVRIDUDVWKH\DUHPDWHULDODQGFDQQRW 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0DQXDO7KHFRQVROLGDWLRQSHULRGLVWKHFDOHQGDU\HDU&DSLWDOFRQVROLGDWLRQLVFDUULHGRXWLQDFFRUGDQFH WRULHVLVFRQGXFWHGRQWKHEDVLVRIDFTXLVLWLRQRUSURGXFWLRQFRVWZKLOHREVHUYLQJWKHSULQFLSOHRIORZHU ZLWKWKH$QJOR6D[RQSXUFKDVHPHWKRG)RUWKHIXOO\FRQVROLGDWHGFRPSDQLHVDVVHWVOLDELOLWLHVH[SHQV RIFRVWRUPDUNHW HVDQGLQFRPHDUHVWDWHGDWbSHUFHQW1RQFRQWUROOLQJLQWHUHVWVLQFRQVROLGDWHGVKDUHKROGHUVŇHTXLW\ DQGSURILWORVVIRUWKH\HDUDUHGLVFORVHGVHSDUDWHO\ Non-current assets 7KHFDUU\LQJDPRXQWVRIWKHSDUHQWFRPSDQ\ŇVLQYHVWPHQWDUHRIIVHWDJDLQVWWKHFXUUHQWVKDUHKROGHUVŇ $FTXLUHGLQWDQJLEOHDVVHWVDUHUHFRJQLVHGDWWKHFRVWRIDFTXLVLWLRQOHVVDPRUWLVDWLRQ3URSHUW\SODQW HTXLW\RIWKHVXEVLGLDU\FRPSDQLHV,QDFFRUGDQFHZLWKWKHIXOOFRQVROLGDWLRQPHWKRGDVVHWVDQGOLDELO DQGHTXLSPHQWLVUHFRJQLVHGDWDFTXLVLWLRQRUSURGXFWLRQFRVWPLQXVGHSUHFLDWLRQ6PDOOYDOXHLQWDQJLEOH LWLHVDVZHOODVH[SHQVHVDQGLQFRPHDOVRRIWKRVHFRPSDQLHVLQZKLFKDWKLUGSDUW\LVLQYROYHGDUHLQ DVVHWVDQGSURSHUW\SODQWDQGHTXLSPHQWZLWKDYDOXHRIOHVVWKDQ(85bDUHGHSUHFLDWHGLQIXOOLQ FOXGHGLQIXOOLQWKH*URXSDFFRXQWV7KLUGSDUW\VKDUHVRIVKDUHKROGHUVŇHTXLW\DQGRIWKHUHVXOWVRI WKH\HDUWKH\DUHDGGHG FRQVROLGDWHGFRPSDQLHVDUHGLVFORVHGVHSDUDWHO\ )LQDQFLDODVVHWVDUHUHFRJQLVHGDWWKHFRVWRIDFTXLVLWLRQ(TXLW\KROGLQJVDUHFRQVROLGDWHGXVLQJWKH HTXLW\PHWKRG Currency translation :KHUHWKHUHDUHLQGLFDWLRQVRIQRQFXUUHQWDVVHWVEHLQJRYHUYDOXHGFDUU\LQJYDOXHVKDYHEHHQUHYLHZHG 7KHILQDQFLDOVWDWHPHQWVRIFRQVROLGDWHGFRPSDQLHVLQIRUHLJQFXUUHQFLHVDUHWUDQVODWHGDVIROORZV DQGZKHUHQHFHVVDU\DGMXVWHG FXUUHQWDVVHWVQRQFXUUHQWDVVHWVDQGOLDELOLWLHVDUHWUDQVODWHGDW\HDUHQGUDWHV(UDWHRQEDODQFH VKHHWGDWH)VKDUHKROGHUVŇHTXLW\DWKLVWRULFDOUDWHV7KHLQFRPHVWDWHPHQWDQGWKHFDVKIORZVWDWHPHQW Liabilities DUHWUDQVODWHGXVLQJDYHUDJHUDWHVIRUWKH\HDU7KHUHVXOWLQJFXUUHQF\WUDQVODWLRQHIIHFWVDUHERRNHG /LDELOLWLHVDUHUHFRJQLVHGEDVHGRQWKHLUQRPLQDOYDOXH3URYLVLRQVIRUSHQVLRQSODQVDQGVLPLODUREOL GLUHFWO\LQUHWDLQHGHDUQLQJVZLWKRXWLPSDFWLQJSURILWDQGORVV7KHIROORZLQJFXUUHQF\H[FKDQJHUDWHV JDWLRQVDUHGHWHUPLQHGEDVHGRQDFWXDULDOSULQFLSOHV7KHUHPDLQLQJSURYLVLRQVFRYHUDOOUHFRJQLVDEOH DUHDSSOLHG ULVNVIRUXQGHWHUPLQHGREOLJDWLRQV/LDELOLWLHVDUHUHFRJQLVHGDWWKHUHVSHFWLYHDPRXQWDWZKLFKWKH\DUH WREHUHSDLG 104 105 $118$/),1$1&,$/5(3257bb:(/('$*5283 $118$/),1$1&,$/5(3257bb:(/('$*5283 Notes to the balance sheet and the income statement Treasury voting and non-voting shares 1 Trade receivables 7UHDVXU\YRWLQJDQGQRQYRWLQJVKDUHVDUHUHFRJQLVHGDWFRVWDWWKHWLPHRIDFTXLVLWLRQ7KHKROGLQJRI LQ(85 WUHDVXU\YRWLQJDQGQRQYRWLQJVKDUHVLVGLVFORVHGDVDQHJDWLYHLWHPLQHTXLW\8SRQUHVDOHWKHSURILW 31.12.2019 RUORVVLVDOORFDWHGGLUHFWO\WRWKHYROXQWDU\UHWDLQHGHDUQLQJV )URPWKLUGSDUWLHV )URPFRPSDQLHVLQZKLFKDQRQFRQWUROOLQJLQWHUHVWLVKHOG Leasing transactions )URPVKDUHKROGHUV /HDVLQJDQGUHQWDOFRQWUDFWVDUHUHFRJQLVHGRQWKHEDVLVRIOHJDORZQHUVKLS$FFRUGLQJO\H[SHQVHVDV Total trade receivables 61,002 66,536 OHVVHHDUHUHFRJQLVHGRQDQDFFUXDOEDVLVZKHUHDVWKHOHDVHGRUUHQWHGREMHFWVWKHPVHOYHVDUHQRW UHFRJQLVHG7KHWRWDODPRXQWRIRXWVWDQGLQJQRQFXUUHQWUHQWDODQGOHDVLQJREOLJDWLRQVLVLQFOXGHGLQ WKHQRWHV 2 Other current receivables LQ(85 31.12.2019 )URPWKLUGSDUWLHV )URPFRPSDQLHVLQZKLFKDQRQFRQWUROOLQJLQWHUHVWLVKHOG Total other current receivables 5,850 11,135 3 Inventories LQ(85 31.12.2019 5DZDX[LOLDU\DQGRSHUDWLQJPDWHULDOV 8QILQLVKHGSURGXFWV )LQLVKHGSURGXFWVDQGWUDGHJRRGV 9DOXHDGMXVWPHQWVRQLQYHQWRULHV Ő Ő Total inventories 62,512 68,241 106 107 $118$/),1$1&,$/5(3257bb:(/('$*5283 $118$/),1$1&,$/5(3257bb:(/('$*5283 4 Non-current assets 6 Other current liabilities LQ(85 LQ(85 Financial Investments Property, Intangible Total 31.12.2019 assets in non- plant and assets non-current controlling equipment assets 7RWKLUGSDUWLHV interests 7RVKDUHKROGHUV 34 st as at January 1 2019 1,808 850 69,966 3,600 76,224 Total other current liabilities 12,374 11,552 &XUUHQF\WUDQVODWLRQHIIHFW 4 (TXLW\YDOXDWLRQ 0 00 $GGLWLRQV 0 'LVSRVDOV Ő 0 Ő Ő Ő 7 Provisions 5HFODVVLILFDWLRQZLWKLQQRQFXUUHQWDVVHWV 0 Ő 0 LQ(85 'HSUHFLDWLRQDPRUWLVDWLRQDQG Pension Tax Restructuring Other Total LPSDLUPHQWORVVHV Ő Ő Ő Ő Ő provisions provisions ¹ provisions provisions ² provisions as at January 1st 2019 31,812 203 0 44,816 76,832 st as at December 31 2019 1,677 1,019 72,599 3,631 78,926 ,QFUHDVH 0 &XUUHQF\WUDQVODWLRQHIIHFW – 1 Ő – 41 Ő 8WLOLVDWLRQ Ő – 4 0 Ő Ő (TXLW\YDOXDWLRQ 0 00 'HFUHDVH – 400 0 0 Ő Ő $GGLWLRQV 0 &XUUHQF\WUDQVODWLRQHIIHFW Ő 0 'LVSRVDOV Ő 0 Ő Ő Ő 5HFODVVLILFDWLRQZLWKLQQRQFXUUHQWDVVHWV 0000 0 as at December 31st 2019 33,639 263 0 41,463 75,366 'HSUHFLDWLRQDPRUWLVDWLRQDQG ,QFUHDVH 0 LPSDLUPHQWORVVHV Ő Ő Ő Ő Ő 8WLOLVDWLRQ Ő Ő 0 Ő Ő 'HFUHDVH Ő Ő 0 Ő Ő as at December 31st 2020 1,506 1,261 71,274 3,999 78,040 &XUUHQF\WUDQVODWLRQHIIHFW Ő Ő 011Ő st )LQDQFLDODVVHWVLQFOXGHQRQFXUUHQWDPRXQWVGXHIURPWKLUGSDUWLHVVHFXULWLHVDQGLQYHVWPHQWVRIOHVV as at December 31 2020 34,968 135 4,482 40,665 80,251 WKDQbSHUFHQW ,QYHVWPHQWVLQQRQFRQWUROOLQJLQWHUHVWVLQFOXGHLQYHVWPHQWVLQFRPSDQLHVLQZKLFKWKH:HOHGD*URXS Of which current provisions 1,186 0 2,748 2,265 6,199 KROGVEHWZHHQDQGbSHUFHQW,QFUHDVHVDUHGXHWRHTXLW\YDOXDWLRQ Of which non-current provisions 33,782 135 1,733 38,402 74,052 ,QFUHDVHVLQLQWDQJLEOHDVVHWVPDLQO\FRPSULVHVRIWZDUH7KHLQFUHDVHLQSURSHUW\SODQWDQGHTXLS ¹ 7KHLWHP7D[SURYLVLRQVLQFOXGHVRQO\SURYLVLRQVIRUGHIHUUHGWD[HV PHQWFRQVLVWVSULPDULO\RILQYHVWPHQWSURMHFWVDVZHOODVLQYHVWPHQWLQUHSODFHPHQWVLQ*HUPDQ\ ² 7KHLWHP2WKHUSURYLVLRQVLQFOXGHVLQWHUDOLDFXUUHQF\SURYLVLRQVSURYLVLRQVIRUVWUDWHJLFSURMHFWVDQGSURFXUHPHQWIRUUHSODFHPHQWV )UDQFHDQG6ZLW]HUODQG IROORZLQJWKHVDOHRI,VFDGRUSURYLVLRQVIRUOHJDOFDVHVDQGSURYLVLRQVIRUMXELOHHDQGRWKHUORQJVHUYLFHERQXVHV 7KHODUJHVWVKDUHRIWKHDPRXQWXQGHU3URSHUW\SODQWDQGHTXLSPHQWWRWDOOLQJ(85bPLOOLRQ( (85bPLOOLRQ)UHODWHVWR6ZLW]HUODQG7KHEUDQFKLQ*HUPDQ\DFFRXQWVIRU(85bPLOOLRQ( (85 bPLOOLRQ)DQG:HOHGD)UDQFHKDVSURSHUW\SODQWDQGHTXLSPHQWWRWDOOLQJ(85bPLOOLRQ( (85 bPLOOLRQ) 5 Trade payables LQ(85 31.12.2019 7RWKLUGSDUWLHV 7RWKH*URXSDXGLWRU(UQVWb 108 109 $118$/),1$1&,$/5(3257bb:(/('$*5283 $118$/),1$1&,$/5(3257bb:(/('$*5283 REGIONS 8 Treasury voting and non-voting shares 2020 2020 2019 2019 LQ(85 in 1,000 EUR in % in 1,000 EUR in % 2020 2019 'Ő$Ő&+ Stock of treasury voting shares as at January 1st (*HUPDQ\$XVWULD6ZLW]HUODQG) (in number: 219 / prior year: 198) 478 383 &HQWUDODQG(DVWHUQ(XURSH0LGGOH(DVW $GGLWLRQRIWUHDVXU\YRWLQJVKDUHV(LQQXPEHU SULRU\HDU ) DQG$IULFD(5XVVLD&]HFK5HSXEOLF 8NUDLQH&((0($) 'LVSRVDORIWUHDVXU\YRWLQJVKDUHV(LQQXPEHU SULRU\HDU ) Ő Ő 1RUWKHUQ(XURSH(%HQHOX[8.6FDQGLQDYLD) &XPXODWHGFXUUHQF\GLIIHUHQFHV 3 6RXWKHUQ(XURSH()UDQFH,WDO\6SDLQ) Stock of treasury voting shares as at December 31st (in number: 219 / prior year: 219) 504 478 1RUWK$PHULFD 6RXWK$PHULFD Stock of treasury non-voting shares as at January 1st $VLD3DFLILF (LQQXPEHU SULRU\HDU b ) 42 157 Net sales 424,059 100.0 429,268 100.0 $GGLWLRQRIWUHDVXU\QRQYRWLQJVKDUHV(LQQXPEHU SULRU\HDU ) 0 'LVSRVDORIWUHDVXU\QRQYRWLQJVKDUHV(LQQXPEHU SULRU\HDU ) Ő Ő &XPXODWHGFXUUHQF\GLIIHUHQFHV Ő Stock of treasury non-voting shares as at December 31st (in number: 1 / prior year: 35) 442 10 Other income LQ(85 st Total treasury voting and non-voting shares as at December 31 508 520 2020 2019 Total other income 2,960 2,787 bQRQYRWLQJVKDUHVZHUHDFTXLUHGDWDQDYHUDJHWUDQVDFWLRQSULFHRI(85b DQGbQRQ YRWLQJVKDUHVZHUHVROGDWDQDYHUDJHWUDQVDFWLRQSULFHRI(85b)XUWKHUPRUHVL[WUHDVXU\YRWLQJ 2WKHULQFRPHPDLQO\FRPSULVHVUHQWDOLQFRPHOLFHQVHLQFRPHIURPWKLUGSDUWLHVLQVXUDQFHFRPSHQVD VKDUHV(QRPLQDOYDOXH&+)b)ZHUHDFTXLUHGDWDWUDQVDFWLRQSULFHRI(85b HLJKWWUHDVXU\ WLRQVVHUYLFHUHYHQXHVIURPWKHVKRZURRP(VSDFH:HOHGD3DULVDVZHOODVUHIXQGVIURPVXSSOLHUV YRWLQJVKDUHV(QRPLQDOYDOXH&+)b)ZHUHDFTXLUHGDWDWUDQVDFWLRQSULFHRI(85b DQGVL[WUHDV XU\bYRWLQJVKDUHV(QRPLQDOYDOXH&+)bHDFK)ZHUHDFTXLUHGDWDQDYHUDJHWUDQVDFWLRQSULFHRI (85b 0RUHRYHUbWUHDVXU\YRWLQJVKDUHV(QRPLQDOYDOXH&+)bHDFK)ZHUHVROGDWDQDYHUDJH 11 Employee income and social expenditure WUDQVDFWLRQSULFHRI(85bDQGILYHWUHDVXU\YRWLQJVKDUHV(QRPLQDOYDOXH&+)b)ZHUHVROG LQ(85 DWDWUDQVDFWLRQSULFHRI(85b 2020 2019 (PSOR\HHLQFRPH 6RFLDOH[SHQGLWXUH 9 Net sales of goods and services Total employee income and social expenditure 158,682 164,399 PRODUCT GROUPS 2020 2020 2019 2019 in 1,000 EUR in % in 1,000 EUR in % 12 Other operating expenses 1DWXUDODQGRUJDQLFFRVPHWLFV 3KDUPDFHXWLFDOV LQ(85 2020 2019 Net sales 424,059 100.0 429,268 100.0 6DOHVDQGGLVWULEXWLRQFRVWV 2SHUDWLQJFRVWV $GPLQLVWUDWLYHFRVWV &RQWULEXWLRQVOHYLHVSURSHUW\DQGFDSLWDOWD[HV 2WKHUH[SHQVHV Total other operating expenses 140,566 146,108 2WKHURSHUDWLQJH[SHQVHVLQFOXGHVEXWLVQRWOLPLWHGWRVDOHVDQGGLVWULEXWLRQFRVWVVXFKDVDGYHU WLVLQJbDQGPDUNHWFRPPXQLFDWLRQVDOHVGRFXPHQWVPDWHULDOFRVWVRIVDOHVUHSUHVHQWDWLYHVDQGDOO SRVWDOFRVWV 110 111 $118$/),1$1&,$/5(3257bb:(/('$*5283 $118$/),1$1&,$/5(3257bb:(/('$*5283 Other information 2SHUDWLQJ DQG DGPLQLVWUDWLYH FRVWV LQFOXGH FRVWV IRU EXLOGLQJ DQG PDFKLQH PDLQWHQDQFH OHJDO DQG Full-time equivalents FRQVXOWLQJFRVWV,7H[SHQVHVDQGFRVWVIRUWKLUGSDUW\UHVHDUFKDVZHOODVQRQRSHUDWLQJH[SHQVHV 7KHDQQXDODYHUDJHQXPEHURIIXOOWLPHHTXLYDOHQWVIRUWKHUHSRUWLQJ\HDUDVZHOODVWKHSUHYLRXV\HDU 7KHLWHP2WKHUH[SHQVHVLQFOXGHVGRQDWLRQVWRWKH6FKRRORI6SLULWXDO6FLHQFHLQ'RUQDFKDVZHOODV H[FHHGHG&KDQJHVLQIXOOWLPHHTXLYDOHQWVDUHVWDWHGLQWKHPDQDJHPHQWUHSRUW WRRWKHUGLIIHUHQWDQWKURSRVRSKLFLQVWLWXWLRQVZLWKDWRWDODPRXQWRI(85bPLOOLRQ( (85 bPLOOLRQ) Contingent liabilities and other financial obligations LQ(85 13 Depreciation, amortisation and impairment losses on non-current assets 31.12.2019 &ROODWHUDOVIRUWKLUGSDUW\OLDELOLWLHV LQ(85 2020 2019 &RQWLQJHQWOLDELOLWLHV )LQDQFLDODVVHWV 31 )DLUYDOXHRIGHULYDWLYHILQDQFLDOLQVWUXPHQWV 3URSHUW\SODQWDQGHTXLSPHQW ,QWDQJLEOHDVVHWV Total depreciation, amortisation and impairment losses 7KHGHULYDWLYHILQDQFLDOLQVWUXPHQWVUHODWHWRLQWHUHVWKHGJHV(YDULDEOHWRIL[HGUDWH)LQ)UDQFHIRUH[LVW on non-current assets 10,151 11,290 LQJOHDVLQJREOLJDWLRQV Non-current rental and leasing obligations 14 Financial expenses LQ(85 31.12.2019 LQ(85 2020 2019 5HVLGXDOPDWXULW\XSWR\HDUV ,QWHUHVWDQGVLPLODUH[SHQVHV Ő Ő 5HVLGXDOPDWXULW\RYHU\HDUV 5HDOLVHGDQGXQUHDOLVHGIRUHLJQFXUUHQF\UHVXOWQHW Ő Ő Total non-current rental and leasing obligations 15,587 18,043 Total financial expenses – 3,632 – 650 7KHUHDUHUHQWDODQGOHDVLQJREOLJDWLRQVIRUFRPSXWHUKDUGZDUHYHKLFOHVDQGSURGXFWLRQPDFKLQHU\DV ZHOODVEXLOGLQJV 15 Financial income LQ(85 2020 2019 )HHIRUWKH*URXSDXGLWRU(UQVWb 112 113 $118$/),1$1&,$/5(3257bb:(/('$*5283 $118$/),1$1&,$/5(3257bb:(/('$*5283 Restricted cash Overview of Group and holding companies LQ(85 Consolidated Registered office Function Currency Company Capital Capital 31.12.2019 companies capital in share 2020 share 2019 1,000 in % in % :LWKLQFXUUHQWDVVHWV +HDGTXDUWHUV Total restricted cash 346 277 &+bŐ$UOHVKHLP LQFOSURGXFWLRQWUDGH :HOHGD$* 'bŐ6FKZÉELVFK*PĚQG DQGVHUYLFHV &+) :HOHGD%HQHOX[6( 1/bŐ=RHWHUPHHU 3URGXFWLRQDQGWUDGH (85 :HOHGD*HVPE+ $bŐ9LHQQD 1RRSHUDWLYHIXQFWLRQ (85 Significant events after the balance sheet date :HOHGD*HVPE+b &R.* $bŐ9LHQQD 7UDGH (85 7KHUHDUHQRVLJQLILFDQWHYHQWVDIWHUWKHEDODQFHVKHHWGDWHZKLFKFRXOGLPSDFWWKHERRNYDOXHRIWKH :HOHGD7UDGHPDUN$* &+bŐ$UOHVKHLP 6HUYLFHV (85 DVVHWVRUOLDELOLWLHVRUZKLFKVKRXOGEHGLVFORVHGKHUH :HOHGD,QF 86$bŐ,UYLQJWRQ1< 7UDGH 86' :HOHGD,WDOLD6UO ,bŐ0LODQ 7UDGH (85 :HOHGDGR%UDVLO/WGD %5$bŐ6ÈR3DXOR 3URGXFWLRQDQGWUDGH %5/ :HOHGD1DWXUDOV*PE+ 'bŐ6FKZÉELVFK*PĚQG 6HUYLFHV (85 :HOHGD(DVW*PE+ 586bŐ0RVFRZ 7UDGH 58% 10 :HOHGD6$8 (bŐ0DGULG 7UDGH (85 :HOHGD(1=)/WG 1=/bŐ+DYHORFN1RUWK 3URGXFWLRQDQGWUDGH 1=' :HOHGD$XVWUDOLD3W\/WG $86bŐ:DUULHZRRG 7UDGH $8' :HOHGD$% 6bŐ6WRFNKROP 7UDGH 6(. :HOHGD($XVWUDODVLD)/WG 1=/bŐ+DYHORFN1RUWK 6HUYLFHV 1=' :HOHGD&KLOH6S$ &+/bŐ6DQWLDJRGH&KLOH 3URGXFWLRQDQGWUDGH &/3 :HOHGD)($* &+bŐ$UOHVKHLP 6HUYLFHV &+) :HOHGD8NUDLQH//& 8$bŐ.LHY 7UDGH 8$+ :HOHGD.RUHD/WG .5bŐ6HRXO 7UDGH .5: :HOHGD6HUYLFHV*PE+ 'bŐ6FKZÉELVFK*PĚQG 6HUYLFHV (85 :HOHGD,PPRELOLHQ*PE+ 'bŐ6FKZÉELVFK*PĚQG 6HUYLFHV (85 – :HOHGDVSROVbUR &=bŐ3UDJXH 7UDGH &=. :HOHGD8./WG *%bŐ,ONHVWRQ 3URGXFWLRQDQGWUDGH *%3 :HOHGD6$ )bŐ+XQLQJXH 3URGXFWLRQDQGWUDGH (85 :HOHGD6$ $5*bŐ%XHQRV$LUHV 3URGXFWLRQDQGWUDGH $56 :HOHGD-DSDQ&R/WG -3bŐ1DJR\D 3URGXFWLRQDQGWUDGH -3< 7KHVKDUHRIYRWLQJULJKWVFRUUHVSRQGVWRWKHFDSLWDOVKDUH 114 115 $118$/),1$1&,$/5(3257bb:(/('$*5283 Report of the statutory auditor Annual Financial Report 2020 To the General Meeting of Weleda AG, Arlesheim Weleda AG Consisting of Arlesheim headquarters and branch office Schwäbisch Gmünd Report of the statutory auditor on the consolidated Opinion financial statements ,QRXURSLQLRQWKHFRQVROLGDWHGILQDQFLDOVWDWHPHQWVIRU WKH\HDUHQGHG'HFHPEHUbstFRPSO\ZLWK6ZLVV $VVWDWXWRU\DXGLWRUZHKDYHDXGLWHGWKHDFFRPSDQ\ ODZDQGWKHFRQVROLGDWLRQDQGYDOXDWLRQSULQFLSOHVDVVHW LQJb FRQVROLGDWHG ILQDQFLDO VWDWHPHQWV RI :HOHGD $* RXWLQWKHQRWHV BALANCE SHEET OF WELEDA AG 118 ZKLFKFRPSULVHWKHEDODQFHVKHHWLQFRPHVWDWHPHQW INCOME STATEMENT OF WELEDA AG 119 FDVKIORZVWDWHPHQWVWDWHPHQWRIVKDUHKROGHUVŇHTXLW\ Report on other legal requirements CASH FLOW STATEMENT OF WELEDA AG 120 DQGQRWHV(SDJHVbWR)IRUWKH\HDUHQGHG'HFHP STATEMENT OF SHAREHOLDERS’ EQUITY OF WELEDA AG 121 EHUbst :HFRQILUPWKDWZHPHHWWKHOHJDOUHTXLUHPHQWVRQOLFHQV NOTES TO THE FINANCIAL STATEMENTS OF WELEDA AG 122 LQJDFFRUGLQJWRWKH$XGLWRU2YHUVLJKW$FW($2$)DQGLQ Board of Directors’ responsibility GHSHQGHQFH(DUWLFOHb&2)DQGWKDWWKHUHDUHQRFLUFXP PROPOSED APPROPRIATION OF THE RESULT FOR THE YEAR 130 7KH%RDUGRI'LUHFWRUVLVUHVSRQVLEOHIRUWKHSUHSDUDWLRQ VWDQFHVLQFRPSDWLEOHZLWKRXULQGHSHQGHQFH REPORT OF THE STATUTORY AUDITOR 131 RIWKHFRQVROLGDWHGILQDQFLDOVWDWHPHQWVLQDFFRUGDQFH ,QDFFRUGDQFHZLWKDUWLFOHDSDUDJUDSKbLWHPb&2 ZLWK WKH UHTXLUHPHQWV RI 6ZLVV ODZ DQG WKH FRQVROL DQG6ZLVV$XGLWLQJ6WDQGDUGb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r d VRQDEOHLQWKHFLUFXPVWDQFHV (UQVWb Auditor’s responsibility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ŇVMXGJHPHQWLQFOXGLQJWKH DVVHVVPHQWRIWKHULVNVRIPDWHULDOPLVVWDWHPHQWRIWKH FRQVROLGDWHGILQDQFLDOVWDWHPHQWVZKHWKHUGXHWRIUDXG RUHUURU,QPDNLQJWKRVHULVNDVVHVVPHQWVWKHDXGLWRU FRQVLGHUVWKHLQWHUQDOFRQWUROV\VWHPUHOHYDQWWRWKH HQWLW\ŇVSUHSDUDWLRQRIWKHFRQVROLGDWHGILQDQFLDOVWDWH PHQWVLQRUGHUWRGHVLJQDXGLWSURFHGXUHVWKDWDUHDS SURSULDWHLQWKHFLUFXPVWDQFHVEXWQRWIRUWKHSXUSRVH RIH[SUHVVLQJDQRSLQLRQRQWKHHIIHFWLYHQHVVRIWKH HQWLW\ŇVLQWHUQDOFRQWUROV\VWHP$QDXGLWDOVRLQFOXGHV HYDOXDWLQJWKHDSSURSULDWHQHVVRIWKHDFFRXQWLQJSROLFLHV XVHG DQG WKH UHDVRQDEOHQHVV RI DFFRXQWLQJ HVWLPDWHV PDGHDVZHOODVHYDOXDWLQJWKHRYHUDOOSUHVHQWDWLRQRI WKHFRQVROLGDWHGILQDQFLDOVWDWHPHQWV:HEHOLHYHWKDW WKHDXGLWHYLGHQFHZHKDYHREWDLQHGLVVXIILFLHQWDQG DSSURSULDWHWRSURYLGHDEDVLVIRURXUDXGLWRSLQLRQ 116 117 $118$/),1$1&,$/5(3257bb:(/('$$* $118$/),1$1&,$/5(3257bb:(/('$$* Balance sheet of Weleda AG Income statement of Weleda AG Assets LQ&+) LQ&+) 1RWHV 31.12.2019 1RWHV 2020 2019 Current assets Net sales of goods and services 293,949 305,269 &DVKDQGFDVKHTXLYDOHQWV 7UDGHUHFHLYDEOHV 1 Other income 10,082 11,217 2WKHUFXUUHQWUHFHLYDEOHV ,QYHQWRULHV &KDQJHLQLQYHQWRULHVRIILQLVKHGJRRGVDQGZRUN LQSURJUHVV 3UHSDLGH[SHQVHVDQGDFFUXHGLQFRPH Total operating income 304,555 319,718 Total current assets 147,899 138,564 &RVWRIPDWHULDOV Ő Ő Non-current assets (PSOR\HHLQFRPHDQGVRFLDOH[SHQGLWXUH Ő Ő )LQDQFLDODVVHWV 3 2WKHURSHUDWLQJH[SHQVHV Ő Ő (TXLW\LQYHVWPHQWV 4 'HSUHFLDWLRQDPRUWLVDWLRQDQGLPSDLUPHQWORVVHV 3URSHUW\SODQWDQGHTXLSPHQW RQQRQFXUUHQWDVVHWV Ő Ő ,QWDQJLEOHDVVHWV Total operating expenses – 281,569 – 316,150 Total non-current assets 71,896 77,312 Operating result (EBIT) 22,986 3,568 Total assets 219,795 215,876 )LQDQFLDOH[SHQVHV 10 Ő Ő )LQDQFLDOLQFRPH 11 Liabilities and shareholders’ equity Result for the year before tax 22,307 2,268 LQ&+) 1RWHV 31.12.2019 ,QFRPHWD[HV Ő Ő Liabilities Result for the year 10,625 223 Current liabilities 7UDGHSD\DEOHV 2WKHUFXUUHQWOLDELOLWLHV &XUUHQWSURYLVLRQV $FFUXHGH[SHQVHVDQGGHIHUUHGLQFRPH Total current liabilities 42,358 51,642 Non-current liabilities 1RQFXUUHQWLQWHUHVWEHDULQJOLDELOLWLHV 1RQFXUUHQWSURYLVLRQV Total non-current liabilities 82,005 79,650 Total liabilities 124,363 131,292 Shareholders’ equity 6KDUHFDSLWDO 1RQYRWLQJVKDUHFDSLWDO 6WDWXWRU\FDSLWDOUHVHUYHV 6WDWXWRU\UHWDLQHGHDUQLQJV 9ROXQWDU\UHWDLQHGHDUQLQJV 7UHDVXU\YRWLQJDQGQRQYRWLQJVKDUHV Ő Ő Total shareholders’ equity 95,432 84,584 Total liabilities and shareholders’ equity 219,795 215,876 118 119 $118$/),1$1&,$/5(3257bb:(/('$$* $118$/),1$1&,$/5(3257bb:(/('$$* Cash flow statement of Weleda AG Statement of shareholders’ equity of Weleda AG LQ&+) LQ&+) 2020 2019 Company Statutory Statutory Voluntary Treasury Total capital ¹ capital retained retained voting and share holders’ 5HVXOWIRUWKH\HDU reserves (agio) earnings earnings non-voting equity 'HSUHFLDWLRQDPRUWLVDWLRQDQGLPSDLUPHQWORVVHVRQ shares QRQFXUUHQWDVVHWV Shareholders’ equity as at January 1st 2019 14,250 12,000 3,400 55,871 – 664 84,857 &KDQJHVLQSURYLVLRQV 'LVWULEXWLRQWRVKDUHKROGHUV Ő Ő *DLQORVVIURPWKHGLVSRVDORIQRQFXUUHQWDVVHWV 5HVXOWIRUWKH\HDU &KDQJHVLQWUDGHUHFHLYDEOHV &KDQJHLQWUHDVXU\YRWLQJDQGQRQYRWLQJVKDUHV &KDQJHVLQLQYHQWRULHV Ő LQFOXGLQJJDLQORVVIURPVDOH &KDQJHVLQRWKHUFXUUHQWUHFHLYDEOHVDQGSUHSDLGH[SHQVHV DFFUXHGLQFRPH Ő Shareholders’ equity as at December 31st 2019 14,250 11,016 3,400 56,483 – 565 84,584 &KDQJHVLQWUDGHSD\DEOHV Ő 'LVWULEXWLRQWRVKDUHKROGHUV 00 &KDQJHVLQRWKHUFXUUHQWOLDELOLWLHVDQGDFFUXHGH[SHQVHV 5HVXOWIRUWKH\HDU GHIHUUHGLQFRPH Ő &KDQJHLQWUHDVXU\YRWLQJDQGQRQYRWLQJVKDUHV 2WKHUQRQFDVKLWHPV LQFOXGLQJJDLQORVVIURPVDOH 14 &XUUHQF\DQGYDOXDWLRQLQIOXHQFHVQRWDIIHFWLQJOLTXLGLW\ Cash flow from operating activities 18,712 25,962 Shareholders’ equity as at December 31st 2020 14,250 11,016 3,400 67,317 – 551 95,432 ¹ &RPSDQ\FDSLWDOLVEURNHQGRZQDVIROORZV ,QYHVWPHQWVLQSURSHUW\SODQWDQGHTXLSPHQW Ő Ő UHJLVWHUHGYRWLQJVKDUHVDW&+) 'LYHVWPHQWVRISURSHUW\SODQWDQGHTXLSPHQW 0 UHJLVWHUHGYRWLQJVKDUHVDW&+) UHJLVWHUHGYRWLQJVKDUHVDW&+) ,QYHVWPHQWVLQILQDQFLDODVVHWV Ő Ő UHJLVWHUHGQRQYRWLQJVKDUHVDW&+) 7KHUHZDVQRFKDQJHLQWKHFRPSDQ\FDSLWDOYHUVXVWKHSULRU\HDU 'LYHVWPHQWVRIILQDQFLDODVVHWV 100 ,QYHVWPHQWVLQLQWDQJLEOHDVVHWV Ő Ő Cash flow from investing activities – 8,086 – 16,469 'LVWULEXWLRQWRVKDUHKROGHUV 0 Ő 5HSD\PHQWVRIQRQFXUUHQWLQWHUHVWEHDULQJOLDELOLWLHV 0 Ő 6DOHRIWUHDVXU\YRWLQJDQGQRQYRWLQJVKDUHV 3XUFKDVHRIWUHDVXU\YRWLQJDQGQRQYRWLQJVKDUHV Ő Ő Cash flow from financing activities 223 – 3,196 Total cash flow 10,849 6,297 &DVKDQGFDVKHTXLYDOHQWVDWVWDUWRIUHSRUWLQJSHULRG 7RWDOFDVKIORZ &XUUHQF\WUDQVODWLRQHIIHFWRQFDVKDQGFDVKHTXLYDOHQWV – 41 Ő Cash and cash equivalents at end of period 27,603 16,795 120 121 $118$/),1$1&,$/5(3257bb:(/('$$* $118$/),1$1&,$/5(3257bb:(/('$$* Notes to the financial statements of Weleda AG General Non-current assets 'XHWRURXQGLQJLQGLYLGXDOILJXUHVLQWKLVUHSRUWPD\QRWDGGXSH[DFWO\WRWKHUHSRUWHGVXP.H\ILJXUHV $FTXLUHGLQWDQJLEOHDVVHWVDUHUHFRJQLVHGDWWKHFRVWRIDFTXLVLWLRQOHVVDPRUWLVDWLRQ3URSHUW\SODQW DQGFKDQJHVDUHFDOFXODWHGEDVHGRQWKHH[DFWDPRXQWDQGQRWWKHUHSRUWHGURXQGHGDPRXQW DQGHTXLSPHQWLVUHFRJQLVHGDWDFTXLVLWLRQRUSURGXFWLRQFRVWPLQXVGHSUHFLDWLRQ6PDOOYDOXHLQWDQJLEOH DVVHWVDQGSURSHUW\SODQWDQGHTXLSPHQWZLWKDYDOXHRIOHVVWKDQ&+)b(85bDUHGHSUHFL Accounting principles DWHGLQIXOOLQWKH\HDUWKH\DUHDGGHG 7KLV $QQXDO )LQDQFLDO 5HSRUW KDV EHHQ SUHSDUHG LQ DFFRUGDQFH ZLWK XQLIRUP DFFRXQWLQJ VWDQGDUGV )LQDQFLDODVVHWVDUHUHFRJQLVHGDWWKHFRVWRIDFTXLVLWLRQ(TXLW\LQYHVWPHQWVDUHDOVRUHFRJQLVHG (:HOHGD$FFRXQWLQJ0DQXDO)7KHVHDFFRXQWLQJVWDQGDUGVFRPSO\ZLWKWKHSURYLVLRQVRQFRPPHUFLDO DWDFTXLVLWLRQYDOXHVDQGGHSUHFLDWHGRYHUILYH\HDUV$GGLWLRQVWRHTXLW\LQYHVWPHQWVRIOHVVWKDQ DFFRXQWLQJRIWKH6ZLVV&RGHRI2EOLJDWLRQV(DUWLFOH Ő E25) &+)bDUHIXOO\GHSUHFLDWHGLQWKH\HDURIDFTXLVLWLRQ 7KH$QQXDO)LQDQFLDO5HSRUWRI:HOHGD$*FRPSOLHVZLWKWKHODZDQGWKHDUWLFOHVRILQFRUSRUDWLRQ :KHUHWKHUHDUHLQGLFDWLRQVRIQRQFXUUHQWDVVHWVEHLQJRYHUYDOXHGFDUU\LQJYDOXHVKDYHEHHQ &HUWDLQLWHPVRIWKHEDODQFHVKHHWDVZHOODVWKHLQFRPHVWDWHPHQWDUHVXPPDULVHGLQRUGHUWRSURYLGH UHYLHZHGDQGZKHUHQHFHVVDU\DGMXVWHG WKHUHDGHUZLWKDEHWWHURYHUYLHZ7KHVHLWHPVDUHH[SODLQHGLQGHWDLOLQWKHQRWHV Liabilities Currency translation /LDELOLWLHVDUHUHFRJQLVHGRQWKHEDVLVRIQRPLQDOYDOXH3URYLVLRQVIRUSHQVLRQSODQVDQGVLPLODUREOL 7KH DFFRXQWV RI WKH *HUPDQ EXVLQHVV HVWDEOLVKPHQW DUH VWDWHG LQ HXUR DQG WUDQVODWHG DW \HDUHQG JDWLRQVDUHGHWHUPLQHGEDVHGRQDFWXDULDOSULQFLSOHV7KHUHPDLQLQJSURYLVLRQVFRYHUHGDOOUHFRJQLVDEOH DVIROORZV FXUUHQWDVVHWVQRQFXUUHQWDVVHWVDQGOLDELOLWLHVDUHWUDQVODWHGDW\HDUHQGUDWH(UDWHRQ ULVNVIRUXQGHWHUPLQHGREOLJDWLRQV/LDELOLWLHVDUHUHFRJQLVHGDWWKHUHVSHFWLYHDPRXQWDWZKLFKWKH\DUH EDODQFHVKHHWGDWH)VKDUHKROGHUVŇHTXLW\DWKLVWRULFDOUDWH7KHLQFRPHVWDWHPHQWDQGWKHFDVKIORZ WREHUHSDLG VWDWHPHQWDUHWUDQVODWHGXVLQJWKHDYHUDJHUDWHIRUWKH\HDU7KHUHVXOWLQJFXUUHQF\WUDQVODWLRQHIIHFWV DUHERRNHGGLUHFWO\LQWKHLQFRPHVWDWHPHQW7KHIROORZLQJFXUUHQF\H[FKDQJHUDWHVDUHDSSOLHG Treasury voting and non-voting shares 7UHDVXU\YRWLQJDQGQRQYRWLQJVKDUHVDUHUHFRJQLVHGDWFRVWDWWKHWLPHRIDFTXLVLWLRQ7KHKROGLQJRI WUHDVXU\YRWLQJDQGQRQYRWLQJVKDUHVLVGLVFORVHGDVDQHJDWLYHLWHPLQHTXLW\8SRQUHVDOHWKHSURILW YEAR-END RATE LQ&+) RUORVVLVDOORFDWHGGLUHFWO\WRWKHYROXQWDU\UHWDLQHGHDUQLQJV 2020 2020 2019 2019 Rate on balance Average rate Rate on balance Average rate sheet date sheet date Leasing transactions (85(HXUR) /HDVLQJDQGUHQWDOFRQWUDFWVDUHUHFRJQLVHGRQWKHEDVLVRIOHJDORZQHUVKLS$FFRUGLQJO\H[SHQVHVDV OHVVHHDUHUHFRJQLVHGRQDQDFFUXDOEDVLVZKHUHDVWKHOHDVHGRUUHQWHGREMHFWVWKHPVHOYHVDUHQRW UHFRJQLVHG7KHWRWDODPRXQWRIRXWVWDQGLQJQRQFXUUHQWUHQWDODQGOHDVLQJREOLJDWLRQVLVLQFOXGHGLQ Balance sheet and valuation principles WKHQRWHV ,QJHQHUDODVVHWVDQGOLDELOLWLHVDUHYDOXHGRQDQLQGLYLGXDOEDVLVLQVRIDUDVWKH\DUHPDWHULDODQGFDQQRW EHWUHDWHGWRJHWKHUDVDJURXSDVLVFXVWRPDU\GXHWRWKHLUVLPLODULW\ Sales recognition 6DOHVDUHUHFRJQLVHGRQWKHWUDQVIHURIULVNVDQGEHQHILWVWRFXVWRPHUVRUXSRQSURYLVLRQRIWKHVHUYLFH 7KLVJHQHUDOO\FRUUHVSRQGVWRGHOLYHU\RIWKHSURGXFWV Current assets 5HFHLYDEOHVDQGRWKHUFXUUHQWDVVHWVDUHUHSRUWHGDWWKHLUQRPLQDOYDOXHV7KHJHQHUDOULVNRIORVVDQG LQGLYLGXDOFUHGLWULVNKDYHEHHQDFFRXQWHGIRURQWKHEDVLVRIYDOXHDGMXVWPHQWV7KHYDOXDWLRQRILQYHQ WRULHVLVFRQGXFWHGRQWKHEDVLVRIDFTXLVLWLRQRUSURGXFWLRQFRVWZKLOHREVHUYLQJWKHSULQFLSOHRIORZHU RIFRVWRUPDUNHW 122 123 $118$/),1$1&,$/5(3257bb:(/('$$* $118$/),1$1&,$/5(3257bb:(/('$$* Notes to the balance sheet and the income statement 1 Trade receivables 5 Trade payables LQ&+) LQ&+) 31.12.2019 31.12.2019 )URPWKLUGSDUWLHV 7RWKLUGSDUWLHV )URPDVVRFLDWHGFRPSDQLHV 7RDVVRFLDWHGFRPSDQLHV )URPVKDUHKROGHUV 7RWKHVWDWXWRU\DXGLWRU(UQVWb 2 Other current receivables 6 Other current liabilities LQ&+) LQ&+) 31.12.2019 31.12.2019 )URPWKLUGSDUWLHV 7RWKLUGSDUWLHV )URP*URXSFRPSDQLHV 7R*URXSFRPSDQLHV Total other current receivables 16,372 11,272 7RVKDUHKROGHUV Total other current liabilities 18,362 25,445 3 Financial assets 7 Non-current interest-bearing liabilities LQ&+) 31.12.2019 LQ&+) /RDQVWR*URXSFRPSDQLHV 31.12.2019 2WKHUILQDQFLDODVVHWV 410 7RHTXLW\LQYHVWPHQWV Total financial assets 16,826 16,736 Total non-current interest-bearing liabilities 28,370 28,513 MATURITY 4 Equity investments LQ&+) 31.12.2019 LQ&+) 31.12.2019 5HVLGXDOPDWXULW\WR\HDUV ,QYHVWPHQWVLQ*URXSFRPSDQLHVZLWKDQLQWHUHVW 5HVLGXDOPDWXULW\RYHU\HDUV RIPRUHWKDQSHUFHQW Total non-current interest-bearing liabilities 28,370 28,513 2WKHUHTXLW\LQYHVWPHQWV Total equity investments 5,118 10,004 $OOILQDQFLDOOLDELOLWLHVGXHZLWKLQWKHIROORZLQJbPRQWKVDUHGLVFORVHGLQFXUUHQWLQWHUHVWEHDULQJ OLDELOLWLHV 124 125 $118$/),1$1&,$/5(3257bb:(/('$$* $118$/),1$1&,$/5(3257bb:(/('$$* 8 Provisions 10 Financial expenses LQ&+) LQ&+) 31.12.2019 2020 2019 3HQVLRQ)XQG ,QWHUHVWDQGVLPLODUH[SHQVHVUHODWLQJWR*URXSFRPSDQLHV Ő Ő 2WKHUSURYLVLRQV ,QWHUHVWDQGVLPLODUH[SHQVHVUHODWLQJWRWKLUGSDUWLHV Ő – 13 Total provisions 57,678 55,313 5HDOLVHGDQGXQUHDOLVHGIRUHLJQFXUUHQF\ORVVHVQHW Ő Ő Total financial expenses – 951 – 1,487 Of which current 4,043 4,176 Of which non-current 53,635 51,137 11 Financial income 2WKHUSURYLVLRQVFRPSULVHDPRQJRWKHUWKLQJVFXUUHQF\SURYLVLRQVIRUXQUHDOLVHGH[FKDQJHUDWHJDLQV LQ&+) RQQRQFXUUHQWILQDQFLDOSRVLWLRQVUHVHUYHVIRUVWUDWHJLFSURMHFWVUHVWUXFWXULQJOLDELOLWLHVIRUWKH:HOHGD 2020 2019 8.3HQVLRQ)XQGDQGSURYLVLRQVIRUMXELOHHDQGRWKHUORQJWHUPVHUYLFHERQXVHV ,QWHUHVWIURPORDQVWR*URXSFRPSDQLHV ,QWHUHVWDQGVLPLODULQFRPHIURPWKLUGSDUWLHV 1 Total financial income 272 187 9 Treasury voting and non-voting shares LQ&+) 2020 2019 Stock of treasury voting shares as at January 1st (in number: 219 / prior year: 198) 521 420 $GGLWLRQRIWUHDVXU\YRWLQJVKDUHV(LQQXPEHU SULRU\HDU ) 'LVSRVDORIWUHDVXU\YRWLQJVKDUHV(LQQXPEHU SULRU\HDU ) Ő Ő Stock of treasury voting shares as at December 31st (in number: 219 / prior year: 219) 547 521 Stock of treasury non-voting shares as at January 1st (in number: 35 / prior year: 195) 44 244 $GGLWLRQRIWUHDVXU\QRQYRWLQJVKDUHV(LQQXPEHU SULRU\HDU ) 0 'LVSRVDORIWUHDVXU\QRQYRWLQJVKDUHV(LQQXPEHU SULRU\HDU ) Ő Ő Stock of treasury non-voting shares as at December 31st (in number: 1 / prior year: 35) 444 Total treasury voting and non-voting shares as at December 31st 551 565 ,QbQRQYRWLQJVKDUHVZHUHDFTXLUHGDWDQDYHUDJHWUDQVDFWLRQSULFHRI&+)bDQGbQRQ YRWLQJVKDUHVZHUHVROGDWDQDYHUDJHWUDQVDFWLRQSULFHRI&+)b )XUWKHUPRUHVL[WUHDVXU\YRWLQJ VKDUHV(QRPLQDOYDOXH&+)b)ZHUHDFTXLUHGDWDWUDQVDFWLRQSULFHRI&+)bHLJKWWUHDVXU\ YRWLQJVKDUHV(QRPLQDOYDOXH&+)b)ZHUHDFTXLUHGDWDWUDQVDFWLRQSULFHRI&+)bDQGVL[WUHDV XU\YRWLQJVKDUHV(QRPLQDOYDOXH&+)bHDFK)ZHUHDFTXLUHGDWDQDYHUDJHWUDQVDFWLRQSULFHRI &+)b 0RUHRYHUbWUHDVXU\YRWLQJVKDUHV(QRPLQDOYDOXH&+)bHDFK)ZHUHVROGDWDQDYHUDJH WUDQVDFWLRQSULFHRI&+)b DQGILYHWUHDVXU\YRWLQJVKDUHV(QRPLQDOYDOXH&+)b)ZHUHVROG DWDWUDQVDFWLRQSULFHRI&+)b 126 127 $118$/),1$1&,$/5(3257bb:(/('$$* $118$/),1$1&,$/5(3257bb:(/('$$* Other information Full-time equivalents Investments 7KHDQQXDODYHUDJHQXPEHURIIXOOWLPHHTXLYDOHQWVIRUWKHUHSRUWLQJ\HDUDVZHOODVWKHSUHYLRXV\HDU Registered office Function Currency Company Capital Capital H[FHHGHG&KDQJHVLQIXOOWLPHHTXLYDOHQWVDUHVWDWHGLQWKHPDQDJHPHQWUHSRUW capital in share 2020 share 2019 1,000 in % in % :HOHGD%HQHOX[6( 1/bŐ=RHWHUPHHU 3URGXFWLRQDQGWUDGH (85 Contingent liabilities and other financial obligations :HOHGD*HVPE+ $bŐ9LHQQD 1RRSHUDWLYHIXQFWLRQ (85 :HOHGD*HVPE+b &R.* $bŐ9LHQQD 7UDGH (85 LQ&+) 31.12.2019 :HOHGD7UDGHPDUN$* &+bŐ$UOHVKHLP 6HUYLFHV (85 :HOHGD,QF 86$bŐ,UYLQJWRQ1< 7UDGH 86' 1RQFXUUHQWUHQWDODQGOHDVLQJREOLJDWLRQV :HOHGD,WDOLD6UO ,bŐ0LODQ 7UDGH (85 :HOHGDGR%UDVLO/WGD %5$bŐ6ÈR3DXOR 3URGXFWLRQDQGWUDGH %5/ :HOHGD$*KDVOHDVLQJDQGUHQWDOREOLJDWLRQVIRUYHKLFOHVDQGSURGXFWLRQPDFKLQHU\DVZHOODVIRU :HOHGD1DWXUDOV*PE+ 'bŐ6FKZÉELVFK*PĚQG 6HUYLFHV (85 EXLOGLQJV :HOHGD(DVW*PE+ 586bŐ0RVFRZ 7UDGH 58% 10 :HOHGD6$8 (bŐ0DGULG 7UDGH (85 :HOHGD(1=)/WG 1=/bŐ+DYHORFN1RUWK 3URGXFWLRQDQGWUDGH 1=' Restricted cash :HOHGD$XVWUDOLD3W\/WG $86bŐ:DUULHZRRG 7UDGH $8' :HOHGD$% 6bŐ6WRFNKROP 7UDGH 6(. 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9ROXQWDU\UHWDLQHGHDUQLQJV(ZLWKRXWUHVXOWIRUWKH\HDU) $VVWDWXWRU\DXGLWRUZHKDYHDXGLWHGWKHDFFRPSDQ\LQJ SDQ\ŇVDUWLFOHVRILQFRUSRUDWLRQ $QQXDOUHVXOWIRU ILQDQFLDOVWDWHPHQWVRI:HOHGD$*ZKLFKFRPSULVHWKH Total voluntary retained earnings 67,316,888.73 EDODQFHVKHHWLQFRPHVWDWHPHQWFDVKIORZVWDWHPHQW Report on other legal requirements VWDWHPHQWRIVKDUHKROGHUVŇHTXLW\DQGQRWHV(SDJHVb 6LQFHWKHVWDWXWRU\FDSLWDOUHVHUYHVDQGWKHVWDWXWRU\UHWDLQHGHDUQLQJVKDYHUHDFKHGbSHUFHQWRIWKH WR)IRUWKH\HDUHQGHG'HFHPEHUbst :HFRQILUPWKDWZHPHHWWKHOHJDOUHTXLUHPHQWVRQOLFHQV VKDUHFDSLWDOWKHUHZLOOEHQRIXUWKHUDOORFDWLRQ LQJDFFRUGLQJWRWKH$XGLWRU2YHUVLJKW$FW($2$)DQGLQ 3URYLGHGWKHSURSRVDOLVDFFHSWHGWKHIROORZLQJGLVWULEXWLRQZLOOEHPDGHRXWRIWKHVWDWXWRU\FDSLWDO Board of Directors’ responsibility GHSHQGHQFH(DUWLFOHb&2)DQGWKDWWKHUHDUHQRFLUFXP UHVHUYHV 7KH%RDUGRI'LUHFWRUVLVUHVSRQVLEOHIRUWKHSUHSDUDWLRQ VWDQFHVLQFRPSDWLEOHZLWKRXULQGHSHQGHQFH RIWKHILQDQFLDOVWDWHPHQWVLQDFFRUGDQFHZLWKWKHUH ,QDFFRUGDQFHZLWKDUWLFOHDSDUDJUDSKbLWHPb&2 LQ&+) TXLUHPHQWVRI6ZLVVODZDQGWKHFRPSDQ\ŇVDUWLFOHVRI DQG6ZLVV$XGLWLQJ6WDQGDUGb ZHFRQILUPWKDWDQ per voting share per voting share per voting share per non-voting share LQFRUSRUDWLRQ7KLVUHVSRQVLELOLW\LQFOXGHVGHVLJQLQJLP LQWHUQDOFRQWUROV\VWHPH[LVWVZKLFKKDVEHHQGHVLJQHG 9RWLQJVKDUHQRQYRWLQJVKDUH(QRPLQDO) SOHPHQWLQJDQGPDLQWDLQLQJDQLQWHUQDOFRQWUROV\VWHP IRUWKHSUHSDUDWLRQRIILQDQFLDOVWDWHPHQWVDFFRUGLQJWR 'LVWULEXWLRQ(bSHUFHQW) ¹ UHOHYDQWWRWKHSUHSDUDWLRQRIILQDQFLDOVWDWHPHQWVWKDW WKHLQVWUXFWLRQVRIWKH%RDUGRI'LUHFWRUV ¹ )UHHRI6ZLVVZLWKKROGLQJWD[GLVWULEXWLRQRXWRIWKHVWDWXWRU\FDSLWDOUHVHUYHV DUHIUHHIURPPDWHULDOPLVVWDWHPHQWZKHWKHUGXHWR :HIXUWKHUFRQILUPWKDWWKHSURSRVHGDSSURSULDWLRQRI IUDXGRUHUURU7KH%RDUGRI'LUHFWRUVLVIXUWKHUUHVSRQ DYDLODEOHHDUQLQJVFRPSOLHVZLWK6ZLVVODZDQGWKHFRP VLEOHIRUVHOHFWLQJDQGDSSO\LQJDSSURSULDWHDFFRXQWLQJ SDQ\ŇVDUWLFOHVRILQFRUSRUDWLRQ:HUHFRPPHQGWKDWWKH 5HSD\PHQWVRXWRIUHVHUYHVIURPFDSLWDOFRQWULEXWLRQV(VWDWXWRU\FDSLWDOUHVHUYHV)RIDFRUSRUDWLRQDUH SROLFLHVDQGPDNLQJDFFRXQWLQJHVWLPDWHVWKDWDUHUHD ILQDQFLDOVWDWHPHQWVVXEPLWWHGWR\RXEHDSSURYHG QRWOLDEOHIRUZLWKKROGLQJWD[(DUWLFOH[ELV]96W*)+HQFHWKHGLVWULEXWLRQLVPDGHJURVV VRQDEOHLQWKHFLUFXPVWDQFHV r d LQ&+) Auditor’s responsibility %DVOH$SULO 2XUUHVSRQVLELOLW\LVWRH[SUHVVDQRSLQLRQRQWKHVHILQDQ (UQVWb 130 131 127(6bb(19,5210(17$/6867$,1$%,/,7<7$%/( 127(6bb(19,5210(17$/6867$,1$%,/,7<7$%/( Resources used to produce Weleda natural and organic cosmetics and pharmaceuticals Energy consumption Emissions LQPHJDZDWWKRXUV LQWRQQHVRI&2ƒHTXLYDOHQWV 2020 2019 Change in % 2020 2019 Change in % Consumption within the organisation ¹ Direct emissions 7RWDOUHQHZDEOHHQHUJ\ Ő (PLVVLRQVIURPSURGXFWLRQRIKRWZDWHU KHDWDQGVWHDP¹ Ő 7RWDOQRQUHQHZDEOHHQHUJ\ Ő )XJLWLYHHPLVVLRQV 43 Ő Total energy consumption 35,779 39,715 – 9.9 (PLVVLRQVWUDQVSRUW² 144 Ő (PLVVLRQVILHOGZRUN Ő Consumption of fuels (PLVVLRQVRIDJULFXOWXUDOHTXLSPHQW 33 Ő Non-renewable 1DWXUDOJDV Ő Indirect emissions +HDWLQJRLO (OHFWULFLW\¹ Ő 2WKHUQRQUHQHZDEOHIXHOV Ő Total non-renewable 18,221 21,443 – 15.0 Total 4,968 6,277 – 20.9 Renewable ¹ (PLVVLRQVDIWHUGHGXFWLRQRI&2ƒVDYLQJVIURPUHQHZDEOHHQHUJLHVZLWKXSGDWHGYDOXHVFRPSDUHGWRWKHSUHYLRXV\HDU %LRJDV Ő (H[SDQGHGGDWDEDVLVDQGFXUUHQWHPLVVLRQIDFWRUV) ² 1HZZLWKHIIHFWVRQWKHWRWDOVXP 2WKHUUHQHZDEOHIXHOV Total renewable 1,135 1,185 – 4.2 Water consumption LQFXELFPHWUHV Total consumption of fuels 19,356 22,628 – 14.5 2020 2019 Change in % Water withdrawal Energy consumption of electricity, :DWHUIURPSXEOLFZDWHUVXSSO\ Ő heating and cooling *URXQGZDWHU Non-renewable 5DLQZDWHUFROOHFWHGGLUHFWO\DQGVWRUHG Ő (OHFWULFLW\ Ő Total 241,187 177,460 + 35.9 +HDWLQJDQGFRROLQJ Ő Total non-renewable 1,222 1,394 – 12.3 Purchased materials Renewable LQWRQQHV 2020 2019 Change in % 5HQHZDEOHHQHUJ\PL[ Raw materials ¹ 6RODUHQHUJ\ 0 Ő 5HQHZDEOH Ő :LQGHQHUJ\ Ő 1RQUHQHZDEOH +\GURSRZHU Ő Total 4,939 5,031 – 1.8 %LRPDVVEDVHGLQWHUPHGLDWHHQHUJ\ Ő Total renewable 15,010 15,573 – 3.6 Packaging ¹ 5HQHZDEOH Total energy consumption of electricity, heating and cooling 16,232 16,967 – 3.9 1RQUHQHZDEOH Total 7,182 5,574 + 28.9 Energy sources produced renewable (OHFWULFLW\ 143 Advertising material ¹ 7KHUPDOKHDW 11 5HQHZDEOH Total renewable 265 154 + 72.6 1RQUHQHZDEOH Ő Total 1,054 905 + 16.4 Energy sources sold renewable (OHFWULFLW\ 73.3 34 + 116.6 Operating material ² 5HQHZDEOH ¹ 9DOXHVXSGDWHGFRPSDUHGWRSUHYLRXV\HDU(H[WHQGHGGDWDEDVH) 1RQUHQHZDEOH Ő Total 186 135 + 38.1 132 133 127(6bb(19,5210(17$/6867$,1$%,/,7<7$%/( 127(6bb(03/2<((67$%/( Employees of the Weleda Group Purchased materials Employees of the Weleda Group at a glance LQWRQQHV DVDW'HFHPEHUst 2020 2019 Change in % Region Southern Northern Central North South Asia / Total Semi-finished products and bulk goods ² D – A – CH ¹ Europe ¹ Europe ¹ and Eastern America ¹ America ¹ Pacific ¹ Europe ¹ 5HQHZDEOH Ő 1XPEHURIIHPDOHHPSOR\HHV 1RQUHQHZDEOH 3 Ő 1XPEHURIPDOHHPSOR\HHV 14 11 Total 40 53 – 24.8 Total number of employees 1,410 437 200 83 35 267 80 2,512 Trade goods ², ³ Total number of managers 202 73 38 19 16 41 11 400 5HQHZDEOH 1RQUHQHZDEOH Nature of employment Total 1,584 1,075 + 47.4 )XOOWLPHHPSOR\HHV 334 34 3DUWWLPHHPSOR\HHV 103 1 Proportion of renewable materials ƨ 8,994 8,471 + 6.2 RIZKRPIHPDOHSDUWWLPHHPSOR\HHV 100 1 Proportion of non-renewable materials 5,991 4,302 + 39.3 RIZKRPPDOHSDUWWLPHHPSOR\HHV 00 14 103 Total 14,985 12,773 + 17.3 Employment by age group ¹ 3UHGRPLQDQWO\GHWHUPLQHGE\GLUHFWPHDVXUHPHQW(LQYRLFHVDQG(53V\VWHP),QFDVHRIGRXEWFODVVLILFDWLRQDVQRQUHQHZDEOH XSWR\HDUVRIDJH ² ² ² (VWLPDWHVEDVHGRQSXUFKDVHVDQGWKHLUPDWHULDOFRPSRVLWLRQ,QFDVHRIGRXEWFODVVLILFDWLRQDVQRQUHQHZDEOH WR\HDUVRIDJH 103 ² ² ( ) ³ 9DOXHVXSGDWHGFRPSDUHGWRSUHYLRXV\HDU H[WHQGHGGDWDEDVH WR\HDUVRIDJH 110 1² ² ƨ 7KHGULQNLQJZDWHUXVHGDVUDZPDWHULDOLVQRWWDNHQLQWRDFFRXQWKHUHDVWKHZDWHULQSXWLVDOUHDG\LQFOXGHGLQWKHZDWHUFRQVXPSWLRQ 2WKHUZLVHWKHVKDUHRIUHQHZDEOHPDWHULDOVZRXOGEHVLJQLILFDQWO\KLJKHU RYHU\HDUVRIDJH ² ² 131 Total number of newborns 43 10 3 5 0 4 0 65 Waste quantities LQWRQQHV ¹ ([SODQDWLRQRIUHJLRQV 2020 2019 Change in % 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management and works to improve social and guidelines of the Global Reporting Initiative (GRI, Sustainable Reporting Standards 2016) working conditions. 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UEBT certification for our RIEHKDYLRXU 9, rue Eugène Jung management system *RYHUQDQFHVWUXFWXUH 3 – 4 68331 Huningue Cedex France for raw material sourcing of 5HSRUWLQJSHULRG 7KH*OREDO5HSRUWLQJ,QLWLDWLYHZDVIRXQGHGLQ E\WKH&RDOLWLRQ Tel. +33 38 969 68 00 natural raw materials 'DWHRIPRVWUHFHQWUHSRUW RI(QYLURQPHQWDOO\5HVSRQVLEOH(FRQRPLHV(&HUHV)DQGWKH8QLWHG www.weleda.fr 5HSRUWLQJF\FOH 1DWLRQV(QYLURQPHQWDO3URJUDPPH(81(3) :HOHGDZDVDPRQJWKHILUVWWZREUDQGV &RQWDFWSRLQWIRUTXHVWLRQVUHJDUGLQJ 'HWDLOHGLQIRUPDWLRQFDQEHIRXQGRQOLQHDW Certified in accordance with ZRUOGZLGHWRUHFHLYHWKHQHZ8(%7FHUWLIL WKHUHSRUW FDWLRQň6RXUFLQJZLWKUHVSHFWʼnLQ ZZZJOREDOUHSRUWLQJRUJ ISO 14001 7KLVODEHOJXDUDQWHHVWKDWELRGLYHUVLW\LVSUH &ODLPVRIUHSRUWLQJ VHUYHGDQGXVHGVXVWDLQDEO\LQWKHFXOWL *5,FRQWHQWLQGH[ YDWLRQbKDUYHVWLQJDQGIXUWKHUSURFHVVLQJRI WKHSODQWV:HOHGDLVDOVRFRPPLWWHGWR ([WHUQDODVVXUDQFH WUHDWLQJDOOVXSSO\FKDLQSDUWLFLSDQWVIDLUO\ Ő DQGSD\LQJIDLUSULFHV Economic metrics Index Page 'LUHFWHFRQRPLFYDOXHJHQHUDWHG ,QVLGHFRYHU DQGGLVWULEXWHG SDJH ,QIUDVWUXFWXUHLQYHVWPHQWVDQG ,QVLGHFRYHU VHUYLFHVVXSSRUWHG SDJH 6LJQLILFDQWLQGLUHFWHFRQRPLF LPSDFWV Ő 136 137 127(6bb8(%7&(57,),&$7,21 127(6bb8(%7&(57,),&$7,21 Ethical sourcing commitments Since 2012 we have been a member of the Union for Ethical BioTrade (UEBT). 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