Annex 6 Terms and abbreviations
| Term | Definition |
|---|---|
| Accelerate and Strengthen | Avebe's strategy for the period 2023-2028. |
| Acreage | The total area of agricultural land. |
| Artificial Intelligence (AI) | The development of computer systems that can perform tasks that normally require human intelligence, such as speech recognition, decision-making and pattern recognition. |
| Avebe Academy | A platform that in the coming years will be equipped with practical learning modules focused on the five core competences and will allow employees to shape their own development. |
| Averis | Averis Seeds B.V., a subsidiary of Avebe, focused on the development and trade of starch potato varieties. |
| Base price | The base price is the basis of the potato money members receive for their starch potatoes. The base price is set at the beginning of the growing season. |
| Bio-based | Products or materials made wholly or partly from renewable biological resources, such as plants, animals or micro-organisms. |
| Biodiversity | The variety of life in different forms on earth. |
| Campaign price | During the potato campaign, Avebe may decide to increase the price for potatoes. This depends, among other things, on developments in the market. The base price and any increase form the campaign price. |
| Carbon emission | The release of CO2 in the atmosphere. |
| Circularity | The principle whereby products, components and materials are reused after their useful life, so that no waste is created and value is preserved. |
| Clean label | A product with few additives or artificial ingredients |
| Corporate Sustainability Reporting Directive (CSRD) | A reporting guideline for sustainability reporting from the European Union for large organisations. |
| Double materiality analysis (DMA) | A method to assess both an organisation's impact on the environment and society (inside-out) and the influence of sustainability issues on the organisation itself (outside-in). This helps identify relevant sustainability issues for both the organisation and its stakeholders. |
| EcoVadis | A globally recognised platform that helps companies assess and improve their sustainability performance in the areas of environment, human and labour rights, ethics and procurement. |
| ESG - Environmental, Social & Governance |
A framework used to measure an organisation's sustainability and social impact. It comprises three main areas: environmental, social and governance. |
| Executive Committee (EC) | The executive committee of an organisation, responsible for the day-to-day management of the cooperative. |
| Fermentation | A process in which bacteria, fungi or yeasts convert substances, changing acidity, taste, odour or appearance. |
| Footprint | The impact of human activities on the environment, measured in terms of pollution, damage to ecosystems and consumption of natural resources. |
| Guarantee of origin | A digital certificate proving that a certain amount of energy has been generated sustainably. The certificate contains information about the energy source, the production facility, and the production date and place. |
| Leadership Team (LST) | Avebe's senior management. |
| Life Saving Rules | A set of safety rules designed to prevent serious injuries and fatalities. These rules focus on critical safety areas such as working at height, energy isolation, and avoiding dangerous situations. |
| Materiality analysis | Identifying sustainability topics that are most relevant to both the organisation and its stakeholders. |
| Membership fee | Members who deliver on shares receive a member surcharge of 5 euros per tonne of potatoes. This member surcharge is paid on the A and B volume. |
| Performance indicator | The performance indicator tells how Avebe is performing over the years. The performance indicator is a sum of potato money, transport costs and the cooperative result. The performance indicator is standardised on a starch percentage of 19 per cent. |
| Play to Win | An organisational culture focused on achieving maximum results through innovation, responsibility and proactive behaviour. This culture encourages employees to take risks, think creatively and constantly strive for improvement and success. The Play to Win competences are: reflect, innovate, change, achieve and connect. |
| Potato money | The potato money is the amount that growers receive for their starch potatoes at the average starch percentage in the respective campaign. The potato money consists of the campaign price, the performance components and the distribution from the cooperative result. |
| Scope 1, 2 and 3 | Scope 1: The direct emissions of greenhouse gases at a site. Scope 2: The indirect emissions caused by electricity consumption. Scope 3: The indirect emissions of CO2 caused by business activities of our suppliers. |
| Sludge | A semi-liquid mass produced as a by-product of water treatment or industrial processes. |
| Social advisory council | An independent body that provides advice to an organisation on social issues and policies. |
| Sustainable Development Goals (SDGs) | United Nations Sustainable Development Goals. |
| Tare | The sand, foliage and stones still sticking to the potatoes when delivered to the factory. |
| Total Recordable Injury Frequency Rate (TRIFR) | A measure of the number of accidents involving absenteeism in a given period. |