Track Record and Goals 2020 / 2025

Strong roots, new paths: In 2019, Symrise made use of its strengths while simul­taneously pursuing new paths.

Our sales grew faster than the corresponding markets. We remain one of the most profitable 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 five goal dimensions also cover the 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 2025. 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, flavorings and food ingredients in 2025 and beyond.

BUSINESS


Our 2019 track record 5.7 % organic sales growth
Goals for 2020: 5 – 7 % CAGR
Goals for 2025: 5 – 7 % CAGR
Notes: We want to grow faster than the market overall. This allows us to gain market shares and increase the distance between us and smaller competitors


Our 2019 track record: 20.8 % EBITDA(N) margin
Goals for 2020: 19 – 22 %
Goals for 2025: 20 – 23 %
Notes: We improve our profitability by continually increasing efficiency and optimizing the product mix


Our 2019 track record: 44 % share of sales for emerging markets
Goals for 2020: >50 %
Goals for 2025: >50 %
Notes: We want to participate in the dynamic growth of the emerging markets

Footprint


Our 2019 track record: – 7.2 % reduction in greenhouse gas emissions (Scope 1 + 2)1
Goals for 2020: Reduction of 6.6 % per year
Goals for 2025: We achieved our goal for 2020 – to reduce greenhouse gas emissions by 33 % – ahead of schedule. Now we want to increase the eco-efficiency of ­emissions by more than 60 % by 2025
Notes: We want to be climate-positive by 2030 (see also page 20)


Our 2019 track record: + 3.2 % reduction in chemical oxygen demand in wastewater1
Goals for 2020: Reduction of 4 % per year
Goals for 2025: Increase in the efficiency of the chemical oxygen demand in wastewater by 4 % annually by 2025 or by a total of 60 % compared to the base year 2010
Notes: We are increasing the yield of our products by changing our processes to sustainable methods


Our 2019 track record: – 3.9 % reduction of sensitive waste1
Goals for 2020: Reduction of 4 % per year
Goals for 2025: Increase in the efficiency of sensitive waste by 4 % annually by 2025 or by a total of 60 % compared to the base year 2010
Notes:


Our 2019 track record: – 3.2 % efficiency of water consumption
Goals for 2020:
Goals for 2025: Increase the efficiency of water consumption at all production sites in arid regions by 15 % (2018–2025)
Notes: We continually reduce our water consumption by using water-saving technology and raising awareness in our company of the importance of using less


Our 2019 track record: 24.1 % of electricity from renewable sources
Goals for 2020:
Goals for 2025: Increase the share of electricity from renewable sources required worldwide to 100 %
Notes: We continually invest in improved energy efficiency and renewable energy

Innovation


Our 2019 track record: 16.4 % of sales from new product developments2
Goals for 2020: >10 %
Goals for 2025: >12 %
Notes: Networking the highly diverse areas of expertise of Nutrition (Diana), Flavor and Scent & Care


Sourcing


Our 2019 track record: 100 % of our main suppliers (80 % of the procurement volume) assessed according to sustainability criteria
Goals for 2020: 100 %
Goals for 2025: 100 % (90 % of procurement volume)
Notes: Increase of the included procurement volume from 80 % (2020) to 90 % (2025)


Our 2019 track record: 100 % traceability of strategic raw materials
Goals for 2020: 100 %
Goals for 2025:
Notes: Not applicable as 2025 goal, since met prematurely in 2019


Our 2019 track record: 60 % primary and 80 % secondary palm oil derivatives from certified sustainable sources
Goals for 2020: 100 %
Goals for 2025:
Notes: Not applicable as 2025 goal, since expected to be met by 2020. At the request of our customers, many of our recipes have already been adapted to be palm oil free


Goals for 2025: 100 % sustainable procurement of strategic agro- and aquaculture raw materials
Notes:We aim for sustainability in the supply chain by continuing to strengthen our backward ­integration

Care


Our 2019 track record: 24 % women in the first management level
Goals for 2020: 25 %
Goals for 2025: 25 %
Notes: We believe in strong, diverse leadership and offer good advancement opportunities for women


Our 2019 track record: 41 % women in the second management level
Goals for 2020: 42 %
Goals for 2025: 40 %
Notes: We promote the career development of women and provide them with freedom so they can ­balance career and family


Our 2019 track record: 4.3 % MAQ3 accident frequency
Goals for 2020: MAQ < 2.5
Goals for 2025: Industry-leading occupational safety: < MAQ 1.5
Notes: Continuous implementation of a zero-accident culture through company-wide initiatives and training

1All figures relative to the value created

2Relative to market launch in the past three years

3MAQ = work accidents (>1 lost day) x 1 million/working hours