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Orkla

Orkla is a supplier of branded consumer goods to the grocery, out-of-home, specialised retail, pharmacy and bakery sectors. The company has a product portfolio including snacks, confectionery, biscuits and, outside food, health, personal care, textiles, detergents and painting equipment products. Orkla's main markets are the Nordic and Baltic regions and countries in Central Europe, although it also holds strong positions in selected product categories in India. Orkla is one of Norway’s oldest business conglomerates, as its history dates back to 1654, when it started as a mining company extracting ore at Løkken Verk in Sør-Trøndelag County.

Ranking position
#19/350
Total score
43.8/100
Measurement area Score Rank (0-350)

Governance and strategy

#1 8.3 / 10 #6

Environment

#1 15.0 / 30 #15

Nutrition

#1 10.0 / 30 #23

Social inclusion

#1 10.5 / 30 #59
Segment Rank
Agricultural products and commodities #4
Food and beverage manufacturers/processors #16
Food retailers #4

Segment ranking summary

Orkla ranks fourth among companies trading agricultural products and commodities and retailers as well as fifteenth among food and beverage processors. The company outperforms its peers across many measurement areas but also lags in some relevant indicators. In environment, while Orkla demonstrates many leading practices, it fails to confirm its leadership in areas such as fertiliser use and animal welfare. Furthermore, the company falls out of the top 20 food and beverage processors in nutrition as it has room to strengthen its targets and activities, especially regarding food security and food safety. Although the company performs less well in the social inclusion measurement area, it discloses significantly more commitments and activities than most of its benchmark peers. Notably, Orkla is among the few companies showing commitments on living wages and protecting land rights, particularly of vulnerable groups.

Leading practices

Risks and opportunities

Core social indicators

The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.

More about the company

Headquarters
Oslo, Norway
Food and agriculture revenue USD
3,579,171,100
Group revenue USD
4,633,368,800
Onwnership structure
Publicly listed
Number of employees
18,348
Website
https://www.orkla.com

This company is part of the SDG2000, the 2.000 most influential companies

See company profile