GERMANY, Holzminden. In terms of sustainability, Symrise ranks among the top ten companies in the world according to the current ranking of renowned non-profit organization CDP (previously known as the Carbon Disclosure Project).
CDP makes a yearly assessment of what participating companies do to fight climate change, protect water supplies and conserve forests. For forest conservation, the Holzminden Group is actually doing better than in the previous year and has achieved a spot on the A list in all three categories – the best possible result. This year, more than 9,600 companies took part voluntarily in the assessment.
Only ten companies out of the 9,600 that took part achieved the highest grade in all three categories. Symrise was one of them, making an improvement on last year’s rating. Last year, the Group made it onto the A list for climate and water, but got an A minus for forests. Many factors play a role in the CDP’s decision. The non-profit organization pays attention to whether the company in question is an environmental pioneer and how it deals with environmental risks. It also considers ambitious goals and the completeness of the data disclosed to be important. Based on the results, the CDP divides the participants into categories from A, the highest, to D.
“We are committed to sustainability and thus combine economic success with social responsibility,” says Dr. Heinz-Jürgen Bertram, CEO of Symrise. “This award from the CDP motivates us to maintain this course. We want to encourage other companies to follow in our footsteps.”
Symrise has been following ambitious sustainability objectives for years. Conservation of forests has played an important role in this. The company wants to counteract deforestation throughout the entire value chain as well as work for the conservation and reforestation of forests. This is why the Group uses resources from sustainable forestry. To guarantee this, Symrise ensures that its strategic raw materials are fully traceable.
Climate protection is also very important to Symrise. The Group wants climate-positive operations by 2030 and to actively help limit global warming to below 1.5 °C. During the last ten years, the company has already reduced its greenhouse gas emissions in terms of value added by more than half. Symrise is also very conscious of saving water and makes its contribution to keeping the resource available. By 2025, all production sites in regions affected by drought will improve their water efficiency by 15% compared to 2018.
“Conserving resources in one of the most important parts of our sustainability strategy,” says Bernhard Kott, Chief Sustainability Officer at Symrise. “We keep an eye on both our company and our supply chain. This is why we measure our main suppliers against sustainability criteria.”