Symrise AG has joined the United Nations Global Compact, the largest voluntary corporate responsibility initiative in the world. In so doing, the company commits itself to the goals of the Compact, which are to unite entrepreneurial activity with societal and environmental concerns.
The United Nations brought the initiative into being about 12 years ago. By signing the Compact, all 8 000 members – particularly companies and organisations – commit to 10 universally accepted basic principles of sustainable and ethical economic activities, such as banning on child labour, fighting corruption and promoting environmental activities. The Global Compact sets standards for human rights, labour rights, environmental protection and anti-corruption measures.
‘We share the principles of the Global Compact and have long lived by them at Symrise with our sustainability vision and strategy,’ comments Dr Heinz-Jürgen Bertram, CEO of Symrise AG. ‘We wish to do our part in making globalisation socially and ecologically sustainable. For us, worldwide economic success goes hand in hand with societal and environmental responsibility. We are convinced that sustainability supports our growth ambitions and look forward to actively participating in the Global Compact network.’
Symrise is a global supplier of fragrances, flavourings, cosmetic active ingredients and raw materials as well as functional ingredients. Its clients include manufacturers of perfumes, cosmetics and foods, the pharmaceutical industry and producers of nutritional supplements. Sales of over €1.5 billion (R16 billion) in 2011 place it among the top four in the global flavours and fragrances market. Headquartered in Holzminden, Germany, the company is represented in over 35 countries in Europe, Asia, the United States and Latin America.
Symrise works with its clients to develop new ideas and market-ready concepts for products that form an indispensable part of everyday life. In doing so, it combines its insights into consumer trends with cutting-edge technologies, focusing on innovative trend and lifestyle products that have additional practical value for the consumer.