Symrise was recognized by the non-profit organization CDP (formerly Carbon Disclosure Project) with a top A grade in the Supplier Engagement Rating (SER) for 2023.
According to a release, Symrise has drawn up a Code of Conduct governing responsible sourcing that applies to all its suppliers. As a next step, the company aims to increase the number of suppliers that meet these strict requirements.
Related: CDP Recognizes Symrise for Environmental Transparency, Awards "A" Rankings
In line with the German Supply Chain Due Diligence Act, the company subjected all its suppliers to a sustainability risk assessment. Symrise aims to procure 100% of its strategic biological raw materials from completely sustainable sources by 2025.
“With more than 5,000 suppliers and widely ramified supply chains, it is essential that we have the right framework conditions in place,” shared Bernhard Kott, chief Sustainability officer at Symrise.
Kott continued, “This excellent result in the rating motivates us to continue our chosen path. In the future, we want to increase the number of suppliers who define their own environmental targets as part of the CDP Supply Chain Program. After all, sustainable raw materials sourcing exerts a substantial impact on our long-term success. More and more customers and consumers are attaching importance to transparency and traceability in the supply chain,”
Helmut Frieden, vice president of Corporate Sustainability, added, “We have set ourselves other ambitious goals as well. For example, by 2030, we intend to bring the greenhouse gas emissions generated by our own business activities down to net zero.”
