5 September 2012 – Palsgaard has published its latest Corporate Social Responsibility (CSR) report. It follows the company’s first award winning report and further strengthens Palsgaard’s commitment to accountability and sustainability. Jakob Thøisen, CEO of Palsgaard A/S, says, “In our initial report we set down a framework for a CSR strategy. With this second report, we have clarified the focus areas and established action plans for implementing our strategic CSR goals. This strategy includes targets for environmental and safety improvements in our production and for extending the skills of our employees.”

Palsgaard received the award for best first time CSR report its initial report for 2010 by the FSR (Danish Auditors), who has been awarding CSR active companies for the past 17 years. Charlotte Jepsen, FSR’s managing director, said at the time, “The FSR Awards differ from other awards in the area by having weight and substance. The awards are an endorsement of the quality of companies’ CSR efforts."

Thøisen explains, "As a player on the global market Palsgaard often faces CSR demands from international companies. However, the concept of responsibility is not only a real ingredient in our history and everyday work, but is now also treated strategically with continuous improvements.”

Palsgaard considers its CSR responsibilities both in terms of local and international dedication. It has also received an award from the Danish liberal party, the largest political party in Denmark, for its long-standing contribution to the local community and considers a high employee satisfaction an important part of its business strategy with a staff turnover of just 4.8% in 2011.