Supplier Social Assessment | 103-1, 103-2, 103-3

Management Approach

Symrise has committed itself to safeguarding human rights – for our own employees as well as those of our external partners. By signing the United Nations Global Compact, we officially announced our active support for the protection of international human rights. Our systematic management ensures that suppliers adhere to our standards: This means that new suppliers must provide information about their sustainability program, the acceptance of social responsibilities along their supply chain, and they also need to include their ethical standards. We require the safeguarding of general human rights, an undertaking not to make use of child labor or forced labor of any form, and compliance with statutory health and safety at work requirements. Furthermore, we expect our suppliers to allow their employees the right to freedom of assembly and collective bargaining, to observe at least the statutory provisions on working times and pay, and to make a clear commitment against discrimination and abuse. These standards constitute part of our Group-wide risk management system. As part of this, we carry out systematic risk and performance assessments of all suppliers on the basis of economic, ecological and social aspects.

To increase supply security regarding key raw materials, Symrise has for years pursued a backward integration approach successfully. With regard to important core competences, we have deliberately chosen locations for our international production facilities where the raw materials primarily used are available locally. We not only purchase our raw materials there but are also integrated in the local economy, produce there and create value there. With this integrative approach, we support local socioeconomic structures and can directly monitor compliance with our ethical principles. For the backward integration of our supply chain, we have established corporate guidelines on due diligence and defined corresponding processes that also consider environmental and social risks.