Governance | 102-20

Executive-level responsibility for economic, environmental, and social topics

In 2009, we founded the Symrise Sustainability Board – a global, cross-divisional body that aims to facilitate the integration of sustainability into our core processes. Multiple times per year, representatives from upper management come together within this framework to ensure that sustainability-relevant topics and the concerns of our important stakeholder groups are considered along the entire value chain.

In 2016, the Executive Board first established the position of Chief Sustainability Officer to strengthen their commitment to sustainable development on a broad front throughout the group of companies. The CSO reports directly to the CEO and functions as the Director of the Sustainability Board.

The Sustainability Board sets sustainability objectives, which are then directly implemented in the respective divisions. This is why the Executive Board and the Sustainability Board have appointed sustainability officers to be responsible for sustainability in the Flavor, Nutrition and Scent & Care business segments as well one representative from Human Resources, Investor Relations and Corporate Communications. The direct responsibility for strategy lies with the Chief Executive Officer of Symrise AG, who receives regular reports on the progress of all sustainability activities. The company’s sustainability objectives also flow into individual performance goals and thereby into executive remuneration.