Yahoo Finance DSM among leaders in Dow Jones Sustainability World Index
Royal DSM, the global Life Sciences and Materials Sciences company, has been named among the worldwide leaders in the Materials industry group in the Dow Jones Sustainability World Index published today. Since 2004, DSM has been named the leader in this sector six times and also named among the top leaders six times.
Feike Sijbesma, CEO and Chairman of the DSM Managing Board, commented: "We are proud to be once again amongst the global top leaders in the Dow Jones Sustainability World Index. We congratulate AkzoNobel on being named the leader in our industry. For Royal DSM, sustainability is not only a responsibility and a core value, but also an important business driver. By converting crop residue into advanced green biofuels, increasing solar panel yields and reducing the weight of cars we demonstrate every day that sustainability is an integral part of our business and a key differentiator for our customers."
DSM aims to create value over three dimensions simultaneously; economically, environmentally and societal, named the Triple P approach (People-Planet-Profit). DSM`s business activities and results demonstrate this every day.
DSM`s so called, ECO+ products, of which the environmental impact is lower than competing mainstream products that fulfill the same function, are an increasingly important part of DSM`s portfolio. The share of ECO+ products in DSM`s innovation pipeline is on track to achieve the 2015 aspiration of 80%. The ECO+ share in our running business is today almost 50%, increased from around 30% in 2010.
Examples are our enzymes for the cheese, baking and beverage industries, making food products healthier whilst reducing the carbon footprint of their production. Increasingly DSM contributes with its activities to the sustainability drive in China.
The so called, People+ dimension, which DSM developed with 12 European Industry leaders in 2014, is now a broadly accepted methodology for assessing a product`s social impact throughout its life cycle. People+ products measurably improve the lives of end-users, employees and communities across the value chain.
An example of a People+ innovation are synthetic chains made of Dyneema® fiber used in harbors, meaning the harbor workers suffer less from back pain and injuries and experience less noise compared to using heavy steel chains.
DSM is also addressing its own environmental and carbon footprint by reducing its greenhouse gas emissions and becoming more energy efficient. DSM is on track to reach its aspiration for a 20% energy efficiency improvement in 2020. DSM will also achieve its aspiration of a (absolute) reduction in greenhouse gas emissions of 25% by 2020, compared to 2008. DSM will formulate new targets by the end of 2015.
DSM - Bright Science. Brighter Living.(TM)
Royal DSM is a global science-based company active in health, nutrition and materials. By connecting its unique competences in Life Sciences and Materials Sciences DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders simultaneously. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 25,000 employees. The company is listed on Euronext Amsterdam. More information can be found at www.dsm.com.
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Source: DSM N.V. via GlobeNewswire
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