Track Record and Goals 2020 / 2025

Symrise deployed its resources in a highly targeted manner and made use of its strengths once again in 2018.

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 and Responsibility” or “www.symrise.com/sustainability” ).

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

2018 track record: 8.8 % organic sales growth
Goals 2020: 5-7%
Goals 2025: 5-7%
Notes: CAGR

2018 track record: 20.0 % EBITDA margin
Goals 2020: 19-22%
Goals 2025: 20-23%
Notes: Annual EBITDA margin

2018 track record: 43 % share of sales for emerging markets
Goals 2020: >50%
Goals 2025: >50%
Notes: Sales in emerging markets relative to Group sales


Footprint1

2018 track record: - 3.0 % reduction in greenhouse gas emissions (Scope 1 + 2)
Goals 2020: Reduction of 5 % per year
Goals 2025: Increase in eco-efficiency of greenhouse gas emissions (Scope 1 + 2) by 50 %
Base year 2016: 317.2 tons of CO2 emissions / € million of added value
Goal 2025: 157.4 tons of CO2 emissions / € million of added value
Notes: Failure to achieve the goal for the year 2018 because a production site did not have a climate-friendly energy source available at times

After meeting our 2020 goal of reducing greenhouse gas emissions by 33 % ahead of schedule, we now aim to increase eco-efficiency by 5.6 % annually, well above our approved Science Based Target Initiative target (>5 %) and in line with 2018 IPCC recommendations

2018 track record: - 14.8 % reduction in chemical oxygen demand in wastewater
Goals 2020: Reduction of 4 % per year
Goals 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 continually increasing the yield of our products

2018 track record: - 1.8 % reduction in sensitive waste
Goals 2020: Reduction of 4 % per year
Goals 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: As part of our backward integration, we added a product to our portfolio that classifies a significant byproduct as sensitive waste, but this ­supposedly sensitive waste is easily and biologically degradable


Increase the efficiency of water consumption at all production sites in arid regions by 15 % (2018 – 2025) Notes: We are continually increasing the efficiency of our water consumption


Increase the share of electricity from renewable sources required worldwide to 100 %
Notes: We are continually investing in increasing our energy efficiency and in renewable energies and checking the acquisition of CO2 certificates of origin

innovation

2018 track record: 17.1 % of sales from new product ­developments2
Goals 2020: >10%
Goals 2025: >12%
Notes: Networking the highly diverse areas of expertise of Nutrition (Diana), Flavor and Scent & Care


sourcing

2018 track record: 90.0 % of our main suppliers (80 % of the procurement volume) assessed according to sustainability criteria
Goals 2020: 100%
Goals 2025: 100 % (90 % of procurement volume)
Notes: Increase of the included procurement volume from 80 % (2020) to 90 % (2025)

2018 track record: 98.0 % traceability of strategic raw materials
Goals 2020: 100%
Notes: Not applicable as 2025 goal, since expected to be met by 2020

2018 track record: > 50.0 % primary and > 68 % secondary palm oil derivatives from certified sustainable sources
Goals 2020: 100%
Notes: In 2018, numerous recipes were converted to palm oil-free or certified qualities; not applicable as 2025 goal, since expected to be met by 2020

Goals 2025: 100 % sustainable procurement of strategic agroand aquaculture raw materials


care

2018 track record: 27.0 % women in the first management level
Goals 2020: 17%
Goals 2025: 20%

2018 track record: 42.0 % women in the second management level
Goals 2020: 22%
Goals 2025: 25%

2018 track record: 4.1 % MAQ3 accident frequency
Goals 2020: <2.5 MAQ
Goals 2025: <1.5 MAQ
Notes: Continuous implementation of a zero-accident culture

1
All figures relative to the value created
2
Relative to market launch in the past three years
3
MAQ = work accidents (> 1 lost day) x 1 million / working hours, industry-leading occupational safety as of 2020