The Carbon Disclosure Project (CDP), an independent nonprofit working to drive greenhouse gas emissions reduction and sustainable water use by business and cities, has highly ranked Symrise AG's active approach to climate change.
The nonprofit organization assessed 350 companies in Germany, Austria and Switzerland, and determined that Symrise factors ecological risks and opportunities into its core business and keeps external stakeholders informed in a comprehensive and transparent manner.
Since 2000, CDP has been collecting data and information from companies on a voluntary basis regarding their carbon dioxide emissions, climate risks and reduction targets on behalf of institutional investors, which now total 655. CDP uses the reported data to create the Carbon Disclosure Leadership Index (CDLI), which is intended as a guideline for orientation. It shows the best 10% of the companies that were assessed. With 88 points out of a possible 100, Symrise is the MDAX-listed leader on the CDLI and is 35 points above the index average.
“Our leading position on the CDLI confirms that we are on the right track with our integrated corporate strategy that anchors sustainability within our core business," said Helmut Frieden, corporate vice president of corporate compliance at Symrise. "We are grappling strategically with the impact of climate change, both on our processes and product development, and we are working in a consistent way to meet our environment and efficiency targets. Thus, we want to reduce our carbon dioxide emissions and our energy consumption per product sold by 33% until 2020.”