Symrise has once again earned top marks in the ranking of the Carbon Disclosure Project (CDP). In the categories Forest and Water, Symrise was listed among the best and received very good ratings. In both areas, the company was awarded a score of A(-), making it the leader in the industry. Symrise also earned a rating of A for its climate data and is thus the only company in the industry to be in a leading position in all three CDP categories. CDP is a nonprofit organization that encourages companies, cities, states and regions to publish their environmental data.
Symrise places great importance on providing transparent sustainability reporting on environmental factors. And the company’s accomplishments in these areas are impressive, as shown by the CDP ranking in all of its categories. After passing with flying colors in the area Climate with the top score of A, the Holzminden-based company also received an A- in the categories Water and Forests. This underlines that Symrise is strongly committed to supporting, among other things, sustainable production of raw materials from forestry and is focused on keeping its impact on water resources to a minimum.
“With these ratings, we have achieved an extremely important USP in the Flavor & Fragrance (F&F) market,” said Hans Holger Gliewe, Chief Sustainability Officer at Symrise. “We are the only company in the industry that reports on all three CDP programs – Climate, Water and Forests. On top of that, we received the best ranking in our industry in the category Forests. This provides very important information for potential investors and motivation to invest sustainably.”
Symrise has been reporting on its sustainability activities since 2006 and will continue to work to protect forests, water and the climate. “There are always opportunities for improvement,” said Hans Holger Gliewe. “We need to identify them in order to successfully manage the impact on the environment and ecosystems and to preserve the natural capital of society and the economy for future generations as well.”
CDP data provides sustainability information for investment decisions
CDP is a nonprofit organization that encourages companies and cities to make their environmental data available to the public. Investors use the CDP data, among other things, to evaluate the long-term opportunities and risks of their portfolio companies, to determine their investment strategy and to gather information about the climate-related strategies of companies.
Founded in 2002, CDP is an investor initiative comprising more than 800 major investors with investment capital of roughly USD 100 trillion. The nonprofit organization contacts the world’s largest listed companies and organizations annually to ask them to report voluntarily on CO2 emissions, climate risks and targets for reducing these.
Symrise is a global supplier of fragrances, flavorings, cosmetic active ingredients and raw materials, as well as functional ingredients. Its clients include manufacturers of perfumes, cosmetics, food and beverages, the pharmaceutical industry and producers of nutritional supplements.
With sales of € 2.602 billion in the 2015 fiscal year and a market share of twelve percent, Symrise is among the top three suppliers in the global flavors and fragrances market. Headquartered in Holzminden, Germany, the Group is represented with 40 locations in over 35 countries in Europe, Africa, the Middle East, Asia, the United States and Latin America.
Symrise works with its clients to develop new ideas and market-ready concepts for products that form an indispensable part of everyday life. Economic success and corporate responsibility are inextricably linked as part of this process. Symrise thus takes sustainability into account in every part of its corporate strategy. DQS has certified Symrise as a “Green Company.”
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