Novozymes announces its new corporate strategy, Partnering for impact, is accompanied by a new set of long-term social, environmental and financial targets and statement, “Together, we find biological answers for better lives in a growing world – Let’s rethink tomorrow.”
“I believe our new purpose encapsulates the very essence of Novozymes. It is our call to action and will guide us during the coming years,” says CEO Peder Holk Nielsen.
“Our purpose stems naturally from our heritage, what we have accomplished up until today and the opportunities ahead. The very first word is ‘together’ because we cannot do this alone.”
“Partnerships, alliances and networks of the willing are the way to make a difference in a world full of complex problems and large opportunities.”
Help secure better lives
With this strategy, Novozymes reinforces its commitment to help solve some of the pressing global challenges facing a growing world.
Pooling insight and expertise together helps find the sustainable answers needed.
Four focus points
The new strategy sets out four focus areas for the company and they are namely rally for change; lead innovation; focus on opportunities and grow people.
These focus areas will be addressed at a corporate level and reflected in the strategies for each industry area.
With the special focus being on rally for change, the company will explore new kinds of partnerships, and become a driving force in bringing together coalitions of the willing, for example, working with governments and international organizations to create sustainable energy from waste or partnering with countries to solve challenges about access to nutritious food and clean water.
By 2020, Novozymes says its enzymatic solutions should reach six billion people, while simultaneously striving to educate one million people about the potential of biology.
It aims to partner with key public and private organizations – to catalyze five global partnerships for change.
Novozymes wants to deliver 10 transformative innovations that change the lives of many people, and save 100 million tons of carbon dioxide through the use of their products by 2020.
Through investing more in their employees and leadership development, the company wants to enable its people to develop.
