Economic Responsibility

Economic responsibility

Marel promotes fair trade, sustainable business practices, and long-term profitability. Marel’s vision is founded on the strong belief that we can create economic value and, in partnership with our customers, have a positive social impact at the same time:

By growing and sustaining an economically strong and responsible business over the long term, guided by a clear vision, we make significant positive impact on our customers and our people, as well as the economy and society. We believe that all parties should aim for having a positive economic impact in the societies in which they operate.

Transparency, innovation, and collaboration are key. We comply with international laws, anti-corruption rules, and local regulations, and encourage our partners, customers, and suppliers to do the same.

Sustainability Solar Panels

Building resilience and efficiency through sustainability-linked financing

In February 2020, Marel secured a EUR 700 million sustainability-linked syndicated credit facility. In 2022, Marel met all its ESG key performance indicators.

Through responsible supply chain management and procurement, Marel reduced greenhouse gas emissions by 12%, while growing revenues by 26%, relative to 2021. The sustainability-linked credit facility is a meaningful tool to integrate the role of finance into making our 2026 growth strategy and 2040 net zero ambitions a reality.

Food On The Table

Impact through partnerships

Our vision is of a world where quality food is produced sustainably and affordably. We know that transforming the future of food processing would not be possible without our customers, investors, suppliers, employees, and partners around the globe.

Marel is a founding member of the Nordic CEOs for a Sustainable Future coalition, created to inspire cooperative action toward the UN SDCs and the Paris Agreement in the Nordics. In 2023 Marel's CEO Arni Oddur Thordarsson is chairing the Nordic CEOs for a sustainable future coalition.

25 science and technology partners to develop breakthrough solutions in sustainable food production.

Partnership with the International Red Cross in line with Marel's Global Charitable Giving and Social Participation Policy.

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