Organizational Profile | G4-14

Whether and how the precautionary approach or principle is addressed by the organization

The precautionary principle is cited as a guiding principle for risk prevention in guidelines and initiatives such as the UN Global Compact. The risk management system at Symrise is based on the framework of generally recognized standards (ISO 31000) and extends across all Group companies and business units.

The precautionary principle is particularly important when it comes to managing the local impact of our business activities. Our Integrated Management System is based on the international standards on quality (ISO 9001), the environment (ISO 14001), occupational health and safety (OHSAS 18001), sustainability (ISO 26000), energy (ISO 50001), social accountability (SA 8000), the generally accepted audit standards of the Global Food Safety Initiative (GFSI) and other recognized local standards that promote a continuous improvement in performance. Symrise also joined the Responsible Care Initiative in 1997 and adopted its guidelines for continual improvement in the areas of safety, health and environmental preservation.

Symrise yet again received external recognition of its sustainability efforts in 2014, once more receiving “Green Company” certification from DQS, a leading auditor of corporate processes. Symrise was also recognized with the DQS Sustainable Leadership Award for its efforts in the field of sustainable corporate governance. This award means that DQS views Symrise as a company that distinguishes itself from its competitors in terms of its products, services, leadership style, environmental efforts and social commitments. Independent DQS auditors closely examined the company’s internal processes. The result: Production, sales, research and development all demonstrated environmentally conscious operations. In this way, Symrise fulfills the international requirements of the Global Conformance program for environmental management.

In the CDP Climate Performance Leadership Index 2015, Symrise received a grade of 100A and therefore sits atop the index for the German-speaking region (Germany, Austria and Switzerland). We were evaluated for the first time on our water management. Our commitment in this area was acknowledged with the second-highest grading (B), putting us well ahead of the average CDP score (D). The nonprofit organization therefore certified that Symrise factors ecological risks and rewards into its core business and informs external stakeholders about this in a comprehensive and transparent manner.