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The Modern India Podcast #29 - ESG Risks in Supply Chain
Manage episode 317719791 series 2973297
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It was fantastic to have Atle Vidar Nagel Johansen, EVP & CEO for Orkla Foods, with us for our upcoming podcast on ESG.(Environmental Social Governance)
Atle has worked 25+ years in various leadership positions in the Orkla Group; - in finance, marketing and general management. He served on the Executive Management #Board of Orkla as EVP since 2012. In January 2021, Atle took on the responsibility as CEO for the merged Foods business area.
Orkla Foods is the largest business area in Orkla, with operations in 15 countries in Europe and a strong food business in #India. Net sales in 2020 was NOK 18 billion, and Orkla Foods has in total 7,500 employees. Over the last two years, he has held, in parallel, both the positions of CEO for Orkla Care's business area and EVP for Orkla’s Group Operations and #Procurement, responsible for more than 100 factories around the globe, and sourcing for more than NOK 20 billion annually.
Last year Orkla entered into an agreement to acquire 67.8 per cent of the shares in Eastern Condiments Private Limited (“Eastern”). With this move, Orkla will double its sales in India.
In 2013, India became the first country to mandate corporate social responsibility with the Companies Act of 2013. 9 years down the road. How does India view ESG?
Atle is sharing ORKLAs journey of establishing and growing their business, MTR Foods and Eastern in India.
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