As a manufacturing company, it’s Symrise’s responsibility to reduce any negative effects on the climate to the greatest degree possible. Our production process consumes energy and produces CO2 emissions. At the same time, the progressing climate change also contains risks for us: Changes in climate conditions and the resulting fluctuations in the availability of natural resources can have a direct influence on our supply chain and constitute a procurement risk.
We demonstrate our progress regarding emission reduction in a number of ways, including annual participation in the independent CDP investor initiative. In 2015, Symrise was included in the Climate A list with the best possible rating of 100 A. With this result, Symrise is a leader in the energy and materials sector in Germany, Austria and Switzerland as well as the MDAX, and one of the top 100 companies in the world that CDP includes on its Climate A List. CDP not only certifies Symrise’s outstanding transparency regarding its climate activities, but also its ambitious strategies and goals and its extraordinary measures to combat climate change. For example, we have been recording and reporting our indirect emissions according to Scope 3 of the GHG Protocol ever since 2011. We are currently evaluating all of our key Scope 3 emissions.
Symrise also supports the “commit to action” project of the CDP investor initiative and We Mean Business. Against the backdrop of the UN’s COP 21 climate conference, which took place in Paris in December 2015, these programs called on companies to pursue resolute and ambitious courses of action in the name of climate protection. Symrise heeded the call and signed up to meet the requirements “Commit to report climate change information in mainstream reports as a fiduciary duty” and “Commit to responsible corporate engagement in climate policy.” By 2020, we’d like to reduce our greenhouse gas emissions by 33 % in comparison to 2010.