Skip to main content
European Climate Pact

Overview

Location

Germany

Sector

Chemicals

Organisation type
Business

Company Information

Symrise operates in the chemical industry and is globally recognized as a leading provider of fragrances, flavors, active ingredients and aroma chemicals as well as sensorial and nutritional solutions for the perfume, cosmetic, pharmaceutical, food, beverage, pet food, and baby food industries. It is publicly listed and headquartered in Holzminden, ‎Germany. In 2021 the company reported a total of over 11,000 employees across 40 countries and a revenue of 3,8 million euros.*

*Source

Our progress towards decarbonization

 

Forests

North Star

  • Symrise AG have a public no deforestation (forests-related) commitment that is set to be completed within the timeframe 2026-2030 with a cut-off date of 2005. The commitment covers 100% of Palm oil production and consumption and applies to their direct operations and supply chain. It is FPIC-based (Free, Prior and Informed Consent of indigenous people)

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Forests 2022

How we want to achieve this – our roadmap

  • Commit to zero gross deforestation
  • Set a quantifiable target for increasing the sustainable production and/or consumption of disclosed commodities as share of total
  • Work with direct suppliers to support and improve their capacity to comply with our forests-related commitments, policies, and other requirements
  • Work with smallholders along the company's value chain to support good agricultural practices and reduce deforestation or conversion of natural ecosystems through financial or technical assistance
  • Publicly disclose data on forest-related impact to investors through a public platform
  • Have a publicly available forest policy, with well-defined goals and targets, that is used to inform internal decision-making
  • Have board-level oversight of forests-related issues
  • Have forests issues be fully integrated in all parts of long-term strategic business plans
  • Make a comprehensive forests-related risk assessment, that checks the following criteria: full coverage of relevant operations, considers risks beyond six years and availability of forest risk commodities, quality of forest risk commodities, impact of activity on the status of ecosystems and habitats, social impacts, and includes local communities; Stakeholders considered is local communities
  • Assess company and suppliers' compliance with forests regulations and/or mandatory standards when sourcing commodities from regions with high deforestation risk 
  • Have a system to control, monitor, and verify compliance with no-deforestation policies/commitments that covers all relevant operations and supply chains and shows more than 90% of total volume in compliance

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Forests 2022

 

Water

North Star

  • Symrise AG have a % reduction in concentration of pollutants target by 2025 from a base year of 2010 starting in 2010

 

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Water 2022

How we want to achieve this – our roadmap

  • Have a target to reduce water pollution 
  • Publicly disclose data on water-related impact to investors through a public platform
  • Integrate water-related issues into the company's financial planning
  • Integrate water-related issues into the company's long-term business objectives
  • Integrate water-related issues into the company's strategy to achieve long-term business objectives
  • Regularly monitor and measure key water security metrics at least for 75% of the company's facilities

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Water 2022