CORPORATE & STRATEGY

Accepting responsibility and taking an active role

The Symrise sustainability strategy is based on the four pillars of reduction of the environmental footprint, innovation, sourcing and care. The company is well on its way to reaching the goals for 2025.

Goals for 2025

Symrise has established, and consistently implements, concrete measures across all areas of corporate activity. After all, Symrise strives to be one of the world’s most successful manufacturers in 2025 and beyond.

Business

5–7%

Expected long-term growth in the Group. Symrise remains confident that it will continue to grow at a faster pace than the relevant market.

Business

20–23%

EBITDA(N) margin expected by 2025.

Business

>50%

Expected contribution of emerging markets to total sales.

Innovation

More than 12% of sales from new product developments

Sourcing

Primary and secondary palm oil derivatives from certified sustainable sources: This goal will be reached in 2020.

Sourcing

Symrise evaluates all of its main suppliers based on sustainability criteria.

Sourcing

Traceability of strategic raw materials: Goal reached ahead of schedule in 2019.

Sourcing

sustainable sourcing of strategic agricultural and aquacultural raw materials: The goal is to be achieved by 2025.

Where and how should we approach this?

A materiality matrix shows the fields of action that have a significant impact on the sustainability strategy. People from the company and the fields of business, politics and science are surveyed. Their responses are analyzed and placed in relation to topics that are material for Symrise. The matrix visualizes the results by reflecting the value for Symrise and society. Appropriate measures are defined based on this data.

Footprint

More than

increase in eco-efficiency (ratio of the economic value of a product to the effects of the manufacturing process on the environment)

Footprint

We want to reduce the chemical oxygen demand in wastewater by 4% annually. Figures refer to the added value.

Footprint

Increase in efficiency of water consumption at production sites in arid regions

Footprint

Increased efficiency of sensitive waste compared to 2010 by more than

Footprint

of energy needed at all international Symrise locations should come from renewable sources. This goal is to be reached by 2025.

Growing and protecting

Symrise wants to grow faster than the market and thereby gain market shares. This cannot happen at the expense of the environment.

Care

Reduction in accident ratio. This is calculated as workplace accidents (> 1 lost day) x 1 million working hours.

Care

women in the first management level

Care

women in the second management level

Backward integration of raw materials

With backward integration, Symrise ensures a sufficient quantity of consistently high-quality key raw materials at set delivery conditions.

Cranberries / Canada

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Vegetable oils / Brazil

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Organic bananas / Ecuador

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Lavender / France

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Red beets / France

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Onions / Germany

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Hemp / Germany

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Citrus / Italy

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Citrus / South Africa

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Vanilla / Madagascar

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Clove / Indonesia

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Patchouli / Indonesia

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Backward integration of raw materials

With backward integration, Symrise ensures a sufficient quantity of consistently high-quality key raw materials at set delivery conditions.

The good demand for our products and the stable share price even during the coronavirus pandemic demonstrate the trust our customers and the capital market have in our sustainable business model.

Olaf Klinger, Chief Financial Officer

The strategy flower – making complex issues tangible

Symrise pursues an integrated corporate strategy for unique product solutions and sustainable growth. Shared values form the basis for shared goals.

The Goal

2030

For Symrise, the goal is to achieve climate neutrality.

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