Biodiversity has been a topic well placed in the minds of the cosmetics and ingredients companies for a while now, and in honour of the International Day of Biological Diversity, Symrise is announcing its strategic partnership with the Global Nature Fund (GNF) and the Union for Ethical BioTrade (UEBT).
The global partnership will see the non-profit organizations support the ingredients firm with the implementation of its recently issued biodiversity concept.
"Biological diversity helps secure the long-term success of the company, as we depend on natural raw materials," says Dr. Felix Schuppert, a member of the Symrise Sustainability Board and head of sustainable purchasing.
"Intact ecosystems and the diversity of nature are an irreplaceable source of raw materials and inspiration for flavours, fragrances, cosmetic and functional ingredients."
The Symrise biodiversity concept is based on three pillars, with specific goals aiming to be reached by 2020:
- The sustainable sourcing of natural raw materials,
- the eco-conscious design of Symrise's sites
- and raising awareness among employees on preserving biodiversity.
"There is another important aspect to our commitment to biodiversity besides ensuring raw materials supplies," adds Dr. Helmut Frieden, Head of the Symrise Sustainability Board and responsible for compliance. "We also want to take advantage of entrepreneurial opportunities."
It is for this reason that Symrise had GNF and the corporate consulting firm dokeo perform a biodiversity check in 2012 to analyze both entrepreneurial risks stemming from a loss of biodiversity as well as possible business opportunities arising from effective commitment to maintaining biological diversity.
The Germany-headquartered firm sees sustainability as a central element of its corporate strategy, linking with economic success and corporate responsibility for the company.
Accoriding to Symrise, biodiversity in flora and fauna is dramatically decreasing around the world: Species are 1,000 times more likely to go extinct due to human influence than through the result of natural conditions.
Many ecosystems that supply important natural resources are in danger. With the International Day of Biological Diversity, the United Nations hope to raise public awareness about this issue.