Entitled ‘Sustainable Solutions’, the sixth edition of the report underlines the company’s sustainability strategy, its progressive developments in 2011 whilst also inviting stakeholder groups to join the discussion on the greener issues.
Challenges
In the report, global megatrends like world population growth and the increasing scarcity of resources are noted as presenting companies with numerous challenges, such as ensuring health and food supplies.
But these trends also offer great opportunities, according to Symrise CEO, Dr. Heinz-Jürgen Bertram.
“Delivering sustainable added value is a focal point of our entrepreneurial activity, this means that we aim to offer our stakeholders added value along the entire value chain and at the same time open up attractive growth potentials for our company.”
“To do so we collaborate closely with customers, employees, suppliers and partners and make their requirements our own,” he adds.
Progress
In 2011, the fragrance and flavour company reported progress in areas such as environmental care, efficiency and safety.
According to the report, since 2007, overall water consumption dropped by 31 per cent relative to sales volumes, energy consumption also decreased by 23 per cent while relative carbon dioxide emissions were reduced by 23 per cent.
Symrise further provides information for its stakeholders through ‘Securing Success’, ‘Caring for Nature’, ‘Respecting People’ and ‘Serving Society’ - storyboards that illustrate the main areas of progress.
One offers insight into the company’s commitment in Madagascar where it obtains its bourbon vanilla and works in direct cooperation with vanilla farmers. In this storyboard, Symrise is illustrated as having completely integrated into the Madagascan economy, assuming responsibility for local societal and ecological issues.