Track Record, Goals and Measures

Symrise developed its strengths again in 2017, with sales growing faster than the relevant markets. We remain one of the most pro table companies in the industry. Thanks to our high level of innovation, we were able to expand our market position while boosting our sustainability performance. Our ve goal dimensions also cover the new requirements for non-financial corporate reporting in accordance with the CSR Directive Implementation Act (see Sustainability & Responsibility).

We have our sights firmly set on our goals for 2020. We’ve established and are consistently implementing concrete measures across all areas of our corporate activities. Symrise will continue to be one of the world’s most successful manufacturers of fragrances and favorings in 2020 and beyond.


Business

6.3 % organic sales growth
Goals for 2020: CAGR 5—7 %
Measures for 2018 – 2020 Selective expansion of the product portfolio and bundling of expertise

21 % EBITDA margin
Goals for 2020: 19—22 % annual EBITDA margin
Measures for 2018 – 2020: Optimization of the base of raw materials by expanding the internal supply of fragrance and flavoring substances

44 % share of sales for emerging markets
Goals for 2020: > 50 %
Measures for 2018 – 2020: Expansion of presence in Asia, particularly in China, India, Vietnam and Indonesia


Footprint1

- 7.8 % reduction in greenhouse gas emissions (Scope 1+2)
Goals for 2020: Reduction of 5 % per year
Measures for 2018 – 2020: Continuation of the Symrise Climate Strategy 2030

- 15.3 % reduction in chemical ­oxygen demand in wastewater
Goals for 2020: Reduction of 4 % per year
Measures for 2018 – 2020: We are increasing the yield of our products

- 9.7 % reduction in sensitive waste
Goals for 2020: Reduction of 4 % per year
Measures for 2018 – 2020: We are increasing our resource efficiency


innovation

+ 15.9 % of sales from new product developments2
Goals for 2020: > 10 %
Measures for 2018 – 2020: Networking the highly diverse areas of ­expertise of Diana, Flavor and Scent & Care


Sourcing

80 % of the main suppliers rated according to sustainability criteria 3
Goals for 2020: 100 %
Measures for 2018 – 2020: Expressly encouraging our suppliers to disclose sustainability information in accordance with SEDEX/SMETA 4 Pillar

95 % traceability of strategic raw materials
Goals for 2020: 100 %
Measures for 2018 – 2020: Based on our sourcing policy, we can trace our strategic raw materials back to their country of cultivation

63 % of primary palm oil derivatives from certified sustainable sources
Goals for 2020: 100 %
Measures for 2018 – 2020: Implementation of fully sustainable sourcing of primary and secondary palm oil derivatives in accordance with Symrise’s Palm Oil Policy. Palm oil derivatives are mass balance-certified at the very least


Care

21 % women in the first management level
Goals for 2020: 17 %
Measures for 2018 – 2020: Regional management training (future ­generation) with a focus on the advancement of women

44 % women in the second management level
Goals for 2020: 22 %
Measures for 2018 – 2020: Improved compatibility of family and ­working life through flexible working time models and childcare programs

4.7 MAQ4 accident frequency
Goals for 2020: MAQ < 2.0
Measures for 2018 – 2020: Intensified implementation of a ­zero-­accident culture

1
All figures relative to the value created
2
Market launch in the past three years
3
Based on procurement volume
4
MAQ = work accidents (> 1 lost day) x 1 million / working hours