Potential offtaker

Symrise AG

www.symrise.com

Estimated electricity consumption

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Countries of production presence

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Symrise AG is a German-based company that operates in the Flavors & Fragrances sector. The company is a global leader in the production of fragrances, flavors, and active ingredients for the food, beverage, and personal care industries. With a history that dates back to 1874, Symrise has grown to become a major player in the industry, with operations in more than 90 countries around the world.

Symrise has made a commitment to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions by 33% by 2025 and to become climate-neutral by 2030. To achieve these goals, Symrise has implemented a number of initiatives to reduce its energy consumption and increase its use of renewable energy.

One of the key initiatives that Symrise has implemented is corporate energy management. The company has established an energy management system that is certified to the international standard ISO 50001. This system enables Symrise to identify areas where it can reduce its energy consumption and improve its energy efficiency. By implementing energy-saving measures such as the use of energy-efficient lighting and equipment, Symrise has been able to reduce its energy consumption by 15% since 2015.

Symrise has also implemented a corporate power purchase agreement (PPA) for renewable energy. Under this agreement, the company purchases renewable energy from a wind farm in Texas, USA. This renewable energy is used to power Symrise's operations in the United States, reducing the company's reliance on fossil fuels and helping to reduce its carbon footprint.

In addition to its corporate PPA, Symrise has also invested in renewable energy projects in Germany. The company has installed solar panels at its headquarters in Holzminden, which generate around 1,000 MWh of electricity per year. Symrise has also invested in a biogas plant in Lower Saxony, which generates renewable energy from organic waste.

Symrise has also implemented a number of measures to reduce its greenhouse gas emissions from transportation. The company has introduced electric vehicles into its fleet, and has implemented a logistics optimization program to reduce the number of kilometers traveled by its vehicles. By optimizing its logistics, Symrise has been able to reduce its greenhouse gas emissions from transportation by 20% since 2015.

Symrise's commitment to decarbonisation and renewable energy has been recognized by a number of external organizations. The company has been included in the Dow Jones Sustainability Index for the tenth consecutive year, and has been awarded a Gold rating by EcoVadis for its sustainability performance.

In conclusion, Symrise AG is a leading company in the Flavors & Fragrances sector, with a strong commitment to decarbonisation and reducing its carbon footprint. The company has implemented a number of initiatives to reduce its energy consumption and increase its use of renewable energy, including corporate energy management, a corporate PPA for renewable energy, and investments in renewable energy projects. Symrise's commitment to sustainability has been recognized by external organizations, and the company is well-positioned to continue to lead the industry in sustainable practices.

✓ Re100 member
✓ Science Based Targets member
✓ Declared Net Zero commitment