Thanks to another year of innovation, strategy execution, and prioritization of our customers’ needs, Sensient Technologies is once again recognized as part of the Leaders & Newsmakers issue.
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Thanks to another year of innovation, strategy execution, and prioritization of our customers’ needs, Sensient Technologies is once again recognized as part of the Leaders & Newsmakers issue.
Earning our long-standing reputation for operating in a legal, ethical, and responsible manner around the globe, Sensient Technologies takes our mission seriously: to develop, produce and supply critical food, pharmaceutical, and personal care ingredients to the world.
Sensient Technologies
Hoffman Estates, Illinois
2023 Sales: Approximately $1.46 billion
Sensient knows that by operating with integrity, prioritizing professionalism and product safety, and seeking to sustainably source raw materials and produce products, we can best serve the needs of our customers. And we always strive to find a way to say “YES” to our customers.
Sensient Technologies, Paul Manning, chair of the Board, president, and chief executive officer discusses the company's sustainability strategy and a focus on innovation to exceed customers’ expectations.
Paul Manning, chair of the Board, president, and chief executive officer, Sensient Technologiescourtesy of Sensient
Innovation and Expertise Make Sensient a Premier Partner
While there will always be economic forces and market conditions that challenge our employees to optimize resources and innovate new solutions, Sensient maintains our ongoing commitment to transparency, exceptional quality, and respect for the environment.
Innovation is one of the major areas of investment. Sensient’s experienced innovation team are experts in formulating natural flavors, extracts, and colors that work in our customers’ products. We are channeling this deep knowledge toward creating new taste technologies to meet the health and wellness aspirations of our consumers. As more consumers show preference for such products and new regulatory requirements takes shape, there will always be a need to balance taste with health. This market gap demand remains a natural area for Sensient to showcase its innovation.
Last year, we expanded our Trueboosta technology portfolio to support sugar and salt-reduction-driven product development. This spectrum of natural, clean-label flavors supports some of the toughest reformulations as well as new product creation challenges. Our innovative masking solutions complement these technologies to balance out off-notes to improve overall taste. These highly advanced taste technologies provide our customers with the avenues to create healthy products without compromising on consumers' expectations of taste.
On the agriculture front, Sensient BioNutrients continues to work to help growers meet that challenge with its BloomGenix line of natural, sustainable plant nutrition solutions. Working toward the large-scale goal of increasing yield while reducing agricultural footprint and judiciously caring for the agricultural ecosystem, BloomGenix showcases Sensient’s ability to support plant growth, cultivation, and processing.
Sustainability
Sensient seeks to be forward-thinking in sustainability practices at every level and is committed to the principles of sound environmental stewardship. Having surpassed our 2025 sustainability goals already in 2022, we have set new, ambitious but attainable goals for 2030. Informed by our culture of integrity, Sensient does not promise to do the impossible. We focus on what is sustainably achievable.
Sensient’s sustainability strategy is built on five pillars:
1. Decarbonization
2. Water Stewardship
3. Waste Reduction
4. Sustainable Supply Chain
5. Sustainable Product Design
There is always more that can be done, but the results of our efforts will inform the future of our industry. Therefore, our updated targets are very ambitious.
Sensient is making progress toward its 2030 targets (using a 10-year lookback as our baseline measure for improvement):
1. We are on track to reduce carbon intensity of greenhouse gas emissions by 30%.
2. We are on track to reduce our overall water withdrawal by 30%. We are already ahead of schedule to reduce water withdrawal intensity by 30% in areas categorized as having high or extremely high-water stress levels.
3. We have almost reached our goal of increasing our average landfill diversion to 75%.
4. We are utilizing SEDEX and EcoVadis programs while strengthening our internal tracking of relevant supplier data.
5. We are on track to incorporate a sustainable design principles checklist into 100% of our innovation projects by the end of this year.
We believe that when our employees succeed, we succeed. We are committed to taking care of the employees who make up the foundation of our company and drive our continued global growth. Sensient has established a supportive, professional environment that fosters coaching, professional development, and opportunities for advancement.
We prioritize telling the truth, behaving professionally, and maintaining an unwavering commitment to producing safe products in safe facilities. We hold ourselves accountable and we put our customers first. Unlike most of the competition, we work together in person in our facilities every day. We aim to always be available to meet the needs of our customers no matter what.
Likewise, we are committed to supporting the communities where we work. We grow and source our products by partnering with and strengthening farming communities through jobs, training, educational support, and disaster relief programs.
Moving from Reactive to Proactive
Market forces can be an obstacle or an opportunity, depending on your perspective. Sensient strives to be ready for anything our customers need to overcome that obstacle or take full advantage of that opportunity.
Sensient’s new product development strategy focuses on helping our customers bring great products to market. We demand that all of our employees, from sales and marketing to regulatory and legal be responsive to the needs of our customers. We move much faster than most companies. We innovate in ways that help our customers succeed in meeting current demands.
For example, our SensaCraft Alcohol-Free Alcohol Type flavor platform provides all the tools manufacturers need to develop the perfect "mocktail," which many younger consumers are increasingly demanding. We create clean labels and organic, functional products using extracts with true-to-source flavor profiles and technology that can balance taste expectations with functional demands. We create products that satisfy the ever-changing regulations on sugar and sodium content while maintaining taste profiles. We are always working to develop new and more effective modulators even before regulations go into effect.
A Strategic Focus on the Future
Sensient will continue to focus on innovation that exceeds our customers’ expectations, delivering solutions that perform in the most demanding applications. As we set priorities for the next year and beyond, Sensient will continue to concentrate on bringing life to products and enhancing life around us at every stage and phase of the process. We will continue to put our customers first.
Footnote
aTrueboost is a trademark of Sensient
