Symrise has once again received good marks in the sustainability index FTSE4Good. In particular, Symrise earned the top score in the ranking for climate change. In addition to this, the company also set itself apart with its sustainability management and its governance.
The ranking is divided into two areas: In the first, it shows the current status of the company’s commitment to environmental, social and governance practices. In the second, it lists where there is room for development. The purpose of this listing is to make potential investors aware of companies that conduct business in a particularly sustainable manner. Simply being included in the index shows the recognition and esteem for Symrise’s commitment to sustainability.
And the individual ratings Symrise earned are impressive: The current status of governance was rated above the average, scoring five out of a possible five points. The global company based in Holzminden, Germany earned four points in anti-corruption, climate change and working standards. Symrise scored three out of five points in biodiversity as well as human rights and social practices.
“Our good ratings in the sustainability index FTSE4Good show that stakeholders recognize Symrise’s sustainability activities and regard them as particularly successful,” said Hans Holger Gliewe, Chief Sustainability Officer, Symrise AG. “We hope that our commitment makes us a role model to other companies, so that they will also expand their activities in environmental, social and governance practices.”
The index includes companies that are particularly committed to corporate social responsibility (CSR). The companies have to be active in five areas: They promote ecological sustainability, uphold human rights, create good working conditions, prevent corruption and work to counteract climate change. Symrise was first included in the international FTSE4Good index at the end of 2015. The index is highly regarded by investors. The FTSE4Good index is considered to be a guideline for investors – the index helps them be sure that they are investing in sustainable companies.
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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