20.10.2014
Symrise AG DE000SYM9999
DGAP-News: Carbon Disclosure Project Honors Symrise for Transparency on Greenhouse Gas Emissions
DGAP-News: Symrise AG / Key word(s): Sustainability/Miscellaneous
Carbon Disclosure Project Honors Symrise for Transparency on
Greenhouse Gas Emissions
20.10.2014 / 13:12
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- Carbon Disclosure Leadership Index: First place in the MDAX within the
energy and materials sector
- Conscious and strategic management of climate-related activities
honored
Symrise takes a leading position in dealing responsibly with climate
change. The Carbon Disclosure Project (CDP) reached this conclusion after
having assessed 350 companies in Germany, Austria and Switzerland. In the
MDAX, Symrise leads the energy and materials sector. The CDP certified that
Symrise factors ecological risks and opportunities into its core business
and informs external stakeholders about this in a comprehensive and
transparent manner.
Institutional investors and customers are increasingly mindful that
companies become aware of the consequences of climate change, develop
strategic approaches for dealing with them and report in a transparent way
on what has been achieved. Since 2000, the CDP has been collecting data and
information from companies regarding their carbon dioxide emissions,
climate-related risks and reduction targets on behalf of institutional
investors, which now total 767.
CDP uses this data to compose the "Carbon Disclosure Leadership Index"
(CDLI), which is intended to provide a useful guidance for investors with
regard to responsibly acting companies. The index comprises the top ten
percent of the companies under assessment. With 96 points out of a possible
100, Symrise is leading the MDAX companies within the energy and materials
sector outperforming the index average by 33 points.
"We are very excited about our top position in the CDLI. Managing our
climate-related activities responsibly plays an important role for us,"
explained Dr Heinz-Jürgen Bertram, Chief Executive Officer of Symrise. "We
process more than 10,000 raw materials, partly requiring energy-intensive
processes,within the entire supply chain. Consequently, the management of
our climate-related processes has strong and direct implications on our
long-term business success. Pioneering approaches in raw material sourcing
and green chemistry as well as innovative product solutions allow us to
protect our raw material base, reduce CO2 emissions and enhance financial
competitiveness. Efficiency is thus a central pillar of our corporate
strategy. For us, this means sharing values with all stakeholders along the
supply chain."
For example, Symrise has upgraded its highly efficient manufacturing method
for synthetic menthol, reducing its carbon footprint by 125,000 tons per
year. In addition, Symrise obtains many of its high-volume products from
so-called side streams of other industries, such as orange oil from orange
peels, saving resources and therefore emissions and costs. Finally, the
company sources the majority of its raw materials, such as onions, locally,
reducing transportation costs and emissions considerably.
About Carbon Disclosure Project
The Carbon Disclosure Project (CDP) is an international, not-for-profit
organization providing the only global system for companies and cities to
measure, disclose, manage and share vital environmental information. CDP
works with market forces, including 767 institutional investors with assets
of US$92 trillion, to motivate companies to disclose their impacts on the
environment and natural resources and take action to reduce them. CDP now
holds the largest collection globally of primary climate change and water
information and puts these insights at the heart of strategic business,
investment and policy decisions. Please visit www.cdproject.net to find out
more.
About Symrise
Symrise is a global supplier of fragrances, flavorings, cosmetic base
materials and substances, as well as functional ingredients. Its clients
include manufacturers of perfumes, cosmetics, food and beverages, the
pharmaceutical industry and producers of nutritional supplements.
Its sales of EUR 1.83 billion in 2013 place Symrise among the top four
companies in the global flavors and fragrances market. Headquartered in
Holzminden, Germany, the Group is represented in over 35 countries 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 thus takes sustainability into account in
every part of its corporate strategy. DQS certified Symrise as a "Green
Company" in 2013.
Symrise, always inspiring more...
www.symrise.com
Media Contact:
Bernhard Kott
Tel.: +49 (0)5531 90-1721
E-Mail: [email protected]
Christina Witter
+49 5531 90-21 82
[email protected]
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20.10.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Symrise AG
Mühlenfeldstraße 1
37603 Holzminden
Germany
Phone: +49 (0)5531 90 0
E-mail: [email protected]
Internet: www.symrise.com
ISIN: DE000SYM9999
WKN: SYM999
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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