DSM Integrated Annual Report 2020

Environment

In the following sections, we elaborate on the material topics defined in the Materiality matrix and describe how we manage these topics.

Climate & Energy

This topic addresses our own climate impacts in terms of greenhouse gas emissions, as well as developing and providing sustainable solutions that help others avoid emissions. This also includes our ability to mitigate and seize climate risks and opportunities, and to ensure operational resilience.

Management approach: Climate & Energy is a Focus Domain of DSM, and we manage this topic by improving our own carbon footprint, enabling our customers through innovative solutions and advocating actions toward a low-carbon future. This supports our efforts to manage the physical and transitional opportunities and risks relating to climate change mitigation and adaptation. We publicly disclose our impact and strategy via this Report, CDP and others.

For information on this topic, see:

Resources & Circularity

Resources & Circularity refer to reducing the demand of sourcing from finite resources, and carefully managing the use of renewable natural resources in order to minimize stress on the environment. A transition to a circular economy, addressing closed-loop solutions with a focus on renewable and bio-based and recycled-based materials, is key to meeting the needs of current and future generations.

Management approach: Resources & Circularity is a Focus Domain of DSM, and we manage this topic by improving the value extracted from the limited resources that are available, enabling the transition to a circular and bio-based economy through our solutions and advocating a shift away from a linear to a circular and bio-based economy.

For information on this topic, see:

Nature & biodiversity

Nature & biodiversity refers to the protection of natural capital and ecosystems, including the variety and variability of life on earth and addressing issues such as land degradation, nature loss and ocean pollution.

Management approach: Nature & biodiversity is a global issue that is locally relevant, and that potentially has impact on our operational locations. The DSM Responsible Care Plan defines how we monitor and assess the impact of our operations on these locations. We support the ambitions of the Convention on Biological Diversity and we continue to explore the role the Natural Capital Protocol can play in supporting our decision making. Our position paper on Biodiversity can be found on the company website.

For information on this topic, see:

Water security

Water is essential to life and all ecosystems. As water is becoming a scarcer resource, both the quality and quantity of available water constitute a global issue that has local consequences that may extend from water scarcity to floods and storms.

Management approach: We are committed to the sustainable use of water. Our approach is defined in the DSM Responsible Care Plan and we aim to define contextual water reduction targets. Water is not a primary ingredient in our products, and we believe that water risks are local by nature, so we focus on local water risk assessments and thorough follow-up on these. We are a signatory to the UN Global Compact CEO Water Mandate and disclose our water management and strategy via CDP.

For information on this topic, see:

CDP
The new name for the Carbon Disclosure Project
Carbon footprint
The total set of direct and indirect greenhouse gas emissions expressed as CO2eq.
Natural capital (Planet)
We recognize that the world is an interconnected system of resources. For us, this represents a responsibility and a business opportunity. We aim to improve the environmental impact of our supply chain, operations and products and services, while developing innovative solutions that deliver sustainability benefits to customers and beyond.
UN
United Nations