The impact of our activities on the environment range from the extraction and processing of raw materials to product development, production and logistics. For this reason, we assess the entire value chain. Our goal is to conserve resources, to consistently avoid and to reduce harmful effects on the environment, to prevent risks and, in this manner, to ensure our long-term business success. Our production sites with the highest potential environmental impacts are either located in countries with strict environmental policies or operate according to an environmental management system that is ISO 14001 certified. Additionally, the SMETA 4-Pillar requirements are used as a minimum standard and regularly verified by external auditors. Furthermore, all German sites have an ISO 50001 certified energy management system.
Again in 2016, we focused on decoupling our dynamic growth in the corresponding business units from their possible environmental impacts. We further optimized our energy balance in key areas via additional measures and placed a stronger focus on reducing emissions and effluents as part of Total Productive Maintenance. By starting operations at our cogeneration power plant at the Holzminden site (€ 30 million investment costs), we made significant contributions in 2016 to improving our energy mix and reducing our CO2 emissions (35 % reduction at Holzminden site).
We demonstrate our progress regarding resource conservation and emission reduction in a number of ways, one of them being our annual participation in the independent investor initiative CDP. Symrise AG successfully retained its position in the Climate A List of the 2016 CDP climate change reporting for the German-speaking region (Germany, Austria and Switzerland – known as the DACH region). This makes the company a leader in the energy and raw materials sector as well as in the German MDAX® stock index.
The Diana acquisition occurred in 2014 and the Pinova / Renessenz acquisition in 2016. Due to a lack of data, we are not able to present a transparent and comparative depiction of the reductions at Diana for the period 2010–2015 nor at Renessenz for 2010–2016. For this reason, we have aggregated the data from the corresponding year of acquisition. The annual reduction goals (Scope 1 and 2) of 4 % relative to the value chain apply to Diana and Pinova / Renessenz starting in the year of acquisition.