Transcription of ANNUAL REPORT - Borregaard
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2020 ANNUAL REPORT2 THE Borregaard GROUPThe Borregaard Group ..4 Message from the CEO ..6 The Board of Directors ..8 REPORT of the Board of Directors ..10 Corporate governance ..18 Sustainability and corporate responsibility ..29 The Group Executive Management ..76 Borregaard Group consolidated financial statements ..79 Borregaard ASA financial statements ..127 Statement from the Board of Directors ..134 Auditor s REPORT ..135 Historical key figures ..139 Independent accountant s assurance REPORT on Sustainability reporting ..140 Alternative performance measures ..142 Group directory ..143 CONTENTSTHE Borregaard GROUP54 THE Borregaard GROUPTHE Borregaard GROUPB orregaard operates one of the world s most advanced biorefineries.
its leading position, Borregaard has a strong focus on training programmes and cooperation between the various disciplines. Borregaard has a leading research centre combining various chemicals disciplines, biotechnology and micro biology, developing new or improved products, applications and production technologies. The Group had 89 employees
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