Euronext Vigeo Index Names Symrise One of the 120 Most Exemplary Companies in the Eurozone
— Top scores in corporate governance and commitment to social and environmental issues
— 330 indicators successfully fulfilled
— Efficient, resource-conserving production processes also ensure the health and well-being of future generations
Rating agency Vigeo Eiris named Symrise, the fragrance and flavoring manufacturer based in Holzminden, one of the 120 leading companies in the eurozone with outstanding corporate responsibility due to its focus on sustainability and many other positive criteria. The internationally operating fragrance and flavoring manufacturer has also managed in recent years to rank among the 120 companies in Europe and around the world that fulfill all sustainability criteria.
“Our corporate strategy integrates aspects of sustainability along all segments of the value chain. We bear responsibility for the profitable use of the capital entrusted to us, the efficient use and protection of natural resources, the welfare of our employees and social interests,” says Symrise Chief Sustainability Officer Hans Holger Gliewe. Because our corporate responsibility can be confirmed with concrete figures and success, Symrise was named one of the 120 most exemplary companies in the eurozone again this year. Symrise was rated one of Europe’s 120 outstanding companies in 2012, with the eurozone added in 2013. And in 2014 the global fragrance and flavoring manufacturer was incorporated into the group of the world’s most progressive companies.
The Euronext Vigeo Eurozone 120 index comprises companies with the most successful environmental, social and governance performance in the eurozone, based on 330 indicators from 38 sustainability drivers. Commitment to social aspects, corporate governance, customer and supplier relationships, health, safety, human rights, the environment and working conditions are all considered to be positive criteria.
At Symrise, each and every production site is audited according to sustainability criteria. For instance, the flavor formulation technologies in the Flavor and Nutrition segments operate with reduced energy consumption, increased operational safety and improved performance profiles. New and improved processes are also always being developed to ensure that valuable natural resources are used effectively and waste and byproducts can be reduced.
“As a signatory of the United Nations Global Compact, we actively support the principles of responsible business outlined therein,” says Symrise Chief Sustainability Officer Gliewe. “Located in more than 40 countries around the world, our employees share these values as a basis for our joint goals.” The corporate strategy of the fragrance and flavor manufacturer based in Holzminden closely links economic goals with four sustainability pillars: footprint, innovation, sourcing and care. Footprint represents the company’s environmental footprint, innovation describes our resource-conserving and business-enhancing effects, sourcing stands for sustainable raw materials sourcing, and care illustrates value creation for employees and the surrounding communities. With this approach, Symrise aims to increase the positive effects of its own activities and further reduce the negative ones. “We also always take the welfare of future generations into account, with climate protection management, increasingly efficient processes and a portfolio that helps to meet the basic needs of a growing global population in terms of nutrition, health and well-being,” says Gliewe, who is pleased that the company has made it into the Euronext Vigeo index again.
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 and pet food.
Its sales of more than € 2.9 billion in the 2016 fiscal year make Symrise a leading global provider in the flavors and fragrances market. Headquartered in Holzminden, Germany, the Group is represented with over 90 locations 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 – always inspiring more ...
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