20 Apr 2015 --- Following a very successful 2014, in which the company grew by acquisition into new markets, German flavors giant Symrise has published its first integrated corporate report with the title Growing Through Diversity.
The report describes the links between sustainability and economic success and replaces the classic annual report. For the first time, auditor DQS has certified the sustainability information contained in the report in accordance with the AA1000 Assurance Standard.
With its new integrated concept, the corporate report addresses all target groups in regard to the key financial figures and sustainability management of the company. With excerpts from the Management Report and the consolidated financial statements, the publication contains all of the key components of the financial report.
Symrise has taken aspects of sustainability into account in its corporate strategy for years. These are now an indispensable part of the value chain. Symrise has developed its reporting accordingly and had it audited comprehensively. The company is taking a leading role as a publicly traded company with this step.
When it comes to reporting sustainability, Symrise follows the current G4 guidelines of the Global Reporting Initiative (GRI) and comprehensively addresses key issues. DQS had the Sustainability Record verified through an external assurance review and assessed all quantitative and qualitative sustainability information in accordance with the internationally recognized AA1000 Assurance Standard. The independent audit by DQS verifies that the measures to act sustainably and in an environmentally friendly manner are set up effectively and measured correctly.
As a signatory of the United Nations Global Compact, Symrise has voluntarily committed itself to establishing principles of responsible behavior in its strategy. The company achieved the Global Compact Advanced level this year, as it reports extensively on practical examples of its sustainability work. The Global Compact reflects the implementation of the social and environmental objectives of the United Nations for 2014-2016.
Interviews and reports in the corporate report illustrate the links between sustainability and economic success using concrete examples. For instance, Symrise talks about sustainable raw material sourcing in Madagascar, the efficient use of resources with a planned combined heat and power plant at the company headquarters in Holzminden, innovations inspired by nature at the new site in the Amazon region of Brazil and the persity of people at Symrise.
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