Value creation model
Our value creation model demonstrates how we deliver value for our stakeholders and society. It provides insight into the forms of social, economic and environmental capital that enable our business model, the activities in which we engage and the value and impact we deliver through those activities.
The model is based on:
Input from our stakeholders
Numidia’s unique vision on the dairy market and the growing importance of sustainability in the supply chain
Numidia’s values
Numidia's strategic pillars
The International Integrated Reporting Framework from the International Integrated Reporting Council (IIRC)
Applicable GRI Standards
Applicable Sustainable Development Goals (SDGs) of the United Nations
Numidia plays multiple roles in the (physical) supply chain. We serve as trader, producer, market maker, supplier, customer, professional business partner, financing partner, technical partner, risk management partner and developer of the sustainable dairy supply chain. This is part of our strategy, as these various roles will be key to our further success and the value delivered to and experienced by our stakeholders. In everything we do, we aim to deliver value for our employees, suppliers, business partners and our customers in the supply chain.
The model integrates all the aspects that make Numidia unique and shows how these translate into the value we deliver. We deliver value by executing our core activities according to our strategic pillars. Numidia’s mission is to be the best and most sustainable supplier of standard dairy products for our customers, and that means we care about all our stakeholders. The value we generate differs by stakeholder group and is identified and recognized over the years. This value is also the benefit of working with Numidia.
The way we execute our core activities is rooted in our values. It is by upholding those values that we demonstrate our commitment to long-term relationships, with employees, suppliers, customers, business partners and all other people connected to Numidia. We are not only looking at the world of today. We also have in mind the generations to come.
The model emphasizes the material topics as identified in the double materiality stakeholder analysis. The less material topics are featured less prominently. This does not mean that these topics are not important to us, but rather that they are less applicable to Numidia. Reference is made to chapter "Materiality and stakeholders".
