Driving the world toward sustainability
At Novozymes we strive to find solutions to global challenges like climate change and energy shortages through innovative partnerships and open dialogue with customers, NGOs, suppliers and governments. We aim to position our technology and develop our vision for a bio based economy. Our biological solutions enable companies to produce more with less environmental impact. In fact, by applying Novozymes’ bio solutions, customers reduced their CO2 emissions by an estimated 52 million tons in 2013 – equivalent to taking approximately 20 million cars off the road.
Life Cycle Assessments show how Novozymes’ products contribute to reduce CO2 emissions within several categories:
- Textile enzymes save water and energy in the production process and often also improve the quality of fabrics produced
- Bio energy enzymes reduce use of fossil fuels
- Household care enzymes lower laundry wash temperature
- Feed enzymes save animal feed and phosphate
Integrating sustainability into our business
- Our cross-functional Sustainability Board safeguards our priorities and is geared to respond to our stakeholders’ concerns.
- Novozymes’ Life Cycle Assessments enable customers to back up their sustainability claims with solid data. Our Life Cycle Assessments also allow us to document our carbon footprint.
- We help our customers respond to regulatory initiatives and tough sustainability criteria from retailers, thereby responding to consumer preferences.
- We assess sustainability of our supply chain.
- Novozymes collaborates with research institutions around the world to share knowledge and develop new sustainable technologies.
- Novozymes works continuously to achieve higher levels of sustainability performance, impact, and collective action as a member of UN Global Compact LEAD, a platform for corporate sustainability leadership for approx. 50 companies.
Recognitions
- Dow Jones Sustainability Index: Reconfirmed as biotech industry leader in 2013. Gold Class rating SAM Sustainability Yearbook in 2013, 2012, 2011 and 2010
- Member of the FTSE4Good Global and Europe indexes
- Ranked 3rd in the Carbon Disclosure Project Nordic Index 2013, up from 5th place last year
Engagements and commitments
- U.N. Global Compact (LEAD company)
- U.N. Sustainable Energy for All (SEFA)
- U.N. Convention on Biological Diversity
- UNIDO Green Industry Platform
Reporting and targets
- We have done integrated reporting for over 10 years
- Novozymes has ambitious long-term targets for CO2, water and energy efficiency in our own production
- In 2013, Novozymes introduced three new sustainability targets related respectively to diversity in management, suppliers’ sustainability performance, and biofuels as sustainable energy.