Symrise has on May 22, 2014 partnered with the Global Nature Fund (GNF) and the Union for Ethical BioTrade (UEBT) to preserve biodiversity around the world.
The non-profit organizations will support Symrise with the implementation of its recently issued biodiversity concept.
It is based on the sustainable sourcing of natural raw materials, the eco-conscious design of Symrise’s sites and raising awareness among employees on preserving biodiversity.
Symrise has set for itself specific goals that it aims to reach by 2020.
“Biological diversity helps secure the long-term success of the company, as we depend on natural raw materials,” says Dr. Felix Schuppert, a member of the Symrise Sustainability Board and head of sustainable purchasing.
“Intact ecosystems and the diversity of nature are an irreplaceable source of raw materials and inspiration for flavors, fragrances, cosmetic and functional ingredients.”
In addition, the company wants to “take advantage of entrepreneurial opportunities”, according to Dr. Helmut Frieden, head of the Symrise Sustainability Board and responsible for compliance.
The company had GNF and corporate consulting firm dokeo perform a biodiversity check in 2012 to analyze both entrepreneurial risks stemming from a loss of biodiversity as well as possible business opportunities arising from effective commitment to maintaining biological diversity.
It said sustainability is a central element of the corporate strategy.
And economic success and corporate responsibility are therefore inextricably linked at Symrise.
