In its latest corporate social responsibility report, the German company updated readers on 2010 goals, set back in 2005, and issued a new set of targets for the next decade.
“These targets are ambitious yet realistic,” said CEO Dr. Heinz-Jürgen Bertram.“We have already begun to translate them into concrete measures and initiatives.”
It is the first time Symrise has published CSR goals that extend through 2020. The company has defined four fields in which it is acting on its commitment to sustainability: Caring for Nature (environment), Respecting People (employees), Serving Society (society) and Securing Success (business practices).
“Our concrete goals include cutting specific emissions, sustainable and responsible procurement of raw materials, and taking increased responsibility for employees and the community” explained Dr. Helmut Frieden, corporate vice president Corporate Compliance.
Working with clients on sustainability
Furthermore, Symrise has set itself the goal of working with its clients to develop sustainable product solutions for the consumer.
The fragrance and flavour firm claims that corporate social responsibility is an integral part of its corporate strategy and its business activities are increasingly guided by CSR principles.
The new report shows that Symrise has continued to expand in this aspect, reinforcing the role of CSR. The Perspectives 2010 report includes documentation, reports and interviews on the company's CSR activities and the implementation of its CSR strategy.
"We are pleased with the development of our CSR strategy and our successes in the 2010 business year. They are part of the systematic implementation of our corporate responsibility," continued Bertram.
"In our report, our goal was to illustrate for the reader the business and social environment in which Symrise is active – today and going forward."
As for the 2010 goals, Symrise reported that it had cut CO2 emissions and energy consumption per item sold by more than 24 percent since 2005. And water consumption was down 33 percent on 2005.