DSM Integrated Annual Report 2021

Delivering a long-term, purpose-led, positive impact

Responsibility for our own footprint and care for our people

We are a global, purpose-led, performance-driven Health, Nutrition & Bioscience company. We take responsibility for our own footprint and care for our people. Over the course of recent years, we have developed, and committed to, an ambitious set of goals to reduce our emissions and improve the energy efficiency of our operations worldwide. Recently we accelerated our validated Science Based Target for 2030 on greenhouse gas emissions (scope 1 + 2) versus baseline 2016, increasing our target level from 30% to 50%. At the same time, we reiterated our intention to source 75% of our electricity from renewable energy sources by 2030.

Concurrently, we have long-held ambitious targets on employee engagement, safety and diversity, in recognition of our respect for, and responsibility toward, our colleagues around the globe. Among these, we set ourselves the target to achieve employee engagement of over 75% by the end of 2021. We also set ourselves the target to have 30% of our executive roles fulfilled by females by the end of 2025.

As a company, we are committed to create brighter lives for all. Hence our focus on Brighter Living Solutions — products and services that have a better environmental (ECO+) and/or social (People+) impact than mainstream solutions through the entire life cycle, from raw materials to manufacturing, end-use and disposal.

For more details on our initiatives and progress, see People and Planet and Our approach to the Sustainable Development Goals.

Making a positive impact on food systems

In 2021, we announced a series of new, quantifiable commitments aimed to address urgent societal and environmental challenges linked to how the world produces and consumes food by 2030. We are one of the first companies in the consumer ingredient sector to make our societal impact explicit through a set of measurable Food System Commitments. These commitments cover three areas where we believe we can make the greatest positive impact together with our business partners: Health for People, Health for Planet, and Healthy Livelihoods.

Through investment in our (bio)science-based innovations, extensive partnerships, and advocacy activities, we aim to help deliver change to ensure accessible, affordable, healthy nutrition and healthy livelihoods within planetary boundaries. Our new strategic Food System Commitments by 2030 are as follows:

People

  • Enable the micronutrient gap to be closed for 800 million vulnerable people
  • Support the immunity of 500 million people

Planet

  • Enable double-digit on-farm livestock emission reductions
  • Reach 150 million people with nutritious, sustainable plant-based protein foods

Livelihoods

  • Support the livelihoods of 500,000 smallholder farmers across value chains, acting together with partners

These commitments support the UN Sustainable Development Goals 2, 3, 12 and 13. We are committed to continue to obtain reasonable assurance on our impact reporting, including these new commitments, as we plan to report our progress every year in our Integrated Annual Report.

Brighter Living Solutions

Brighter Living Solutions (BLS) is DSM’s program for the development of sustainable, innovative solutions with environmental and/or social benefits, creating shared value for our stakeholders. Brighter Living Solutions are products, services and technologies that, considered over their life cycle, offer a superior environmental impact (ECO+) and/or a superior social impact (People+) when compared to the mainstream alternative for the same application. The impact of Brighter Living Solutions can be realized at any stage of the product life cycle, from raw materials through the manufacturing process to potential re-use and end-of-life disposal.

More information and definitions can be found on the company website.

Disposals
This includes the disposal of intangible assets and property, plant and equipment as well as the disposal of participating interests and other securities.
Greenhouse gas emissions (GHG)
DSM applies the Greenhouse Gas Protocol, which defines GHG as “atmospheric gases that absorb and emit radiation within the thermal infrared range and that contribute to the greenhouse effect and global climate change.” We report GHGs based on their global warming potential over 100 years in carbon dioxide equivalent (CO2eq).
UN
United Nations