GRI Content Index

GRI 2: General Disclosures 2021 – The organization and its reporting practices
2-1	Organizational details	Home page Integrated Annual Report DSM Location finder on the company website Corporate Governance
2-2	Equities included in the organization’s sustainability reporting	Financial and reporting policies 1 General information List of equity interests of Koninklijke DSM N.V.
2-3	Reporting period, frequency and contact point	Non-financial reporting policy Contact us on the company website
2-4	Restatements of information	Non-financial reporting policy Specific restatements will be specified in People and Planet as appropriate.
2-5	External assurance	Financials & auditing General Meeting of Shareholders on the company website Independent auditor’s report Assurance report of the independent auditor

GRI 2: General Disclosures 2021 – Activities and workers
2-6	Activities, value chain, and other business relationships	DSM at a glance Solutions on the company website Profit How we create value for our stakeholders Home page Integrated Annual Report Key data Suppliers Animal Nutrition & Health Health, Nutrition & Care Food & Beverage
2-7	Employees	People – Additional employee information Five-year summary – Sustainability tables
2-8	Workers who are not employees	People – Additional employee information Five-year summary – Sustainability tables

GRI 2: General Disclosures 2021 – Governance
2-9	Governance structure and composition	Corporate Governance Governance framework Supervisory Board Report Supervisory Board and Managing Board Royal DSM
2-10	Nomination and selection of the highest governance body	Supervisory Board Report Supervisory Board and Managing Board Royal DSM
2-11	Chair of the highest governance body	Supervisory Board and Managing Board Royal DSM
2-12	Role of the highest governance body in overseeing the management of impacts	Stakeholders People Governance framework Risk management Supervisory Board Report Supervisory Board and Managing Board Royal DSM Sustainability statements
2-13	Delegation of responsibility for managing impacts	Corporate Governance Governance framework Supervisory Board Report
2-14	Role of the highest governance body in sustainability reporting	Report by the Supervisory Board
2-15	Conflicts of interest	Supervisory Board Report Supervisory Board and Managing Board Royal DSM
2-16	Communication of critical concerns	DSM Code of Business Conduct
2-17	Collective knowledge of the highest governance body	Governance framework Supervisory Board Report
2-18	Evaluation of the performance of the highest governance body	Governance framework Supervisory Board Report
2-19	Remuneration policies	Remuneration of the Managing Board Remuneration of the Supervisory Board
2-20	Process to determine remuneration	Remuneration of the Managing Board Remuneration of the Supervisory Board Corporate Governance General Meeting of Shareholders on the company website
2-21	Annual total compensation ratio	DSM publishes a pay ratio for the CEO and Managing Board only. 12 Remuneration of Managing Board and Supervisory Board

GRI 2: General Disclosures 2021 – Strategy, policies and practices
2-22	Statement on sustainable development strategy	Co-CEO letter
2-23	Policy commitments	Planet DSM Code of Business Conduct Taskforce on Climate-related Financial Disclosures See also our Whistleblower policy on the company website.
2-24	Embedding policy commitments	People Planet Animal Nutrition & Health Health, Nutrition & Care Food & Beverage Suppliers
2-25	Processes to remediate negative impacts	DSM Code of Business Conduct See also our Whistleblower policy on the company website.
2-26	Mechanisms for seeking advice and raising concerns	DSM Code of Business Conduct
2-27	Compliance with laws and regulations	Sustainability statements – Planet Suppliers What still went wrong in 2022
2-28	Membership associations	Collaborative platforms and networks Stakeholder engagement

GRI 2: General Disclosures 2021 – Stakeholder engagement
2-29		Approach to stakeholder engagement		Stakeholders
2-30		Collective bargaining agreements		DSM does not report this on a corporate level. In countries or businesses where employees have third-party representation via a works council or collective bargaining, DSM respects these relationships and works with these third parties in a mutually respectful manner.

GRI 3: Material Topics 2021
3-1		Process to determin material topics		Materiality Note 1 Management approach for material topics
3-2		List of material topics		Materiality Note 1 Management approach for material topics

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics SDG 7 and SDG 13 Planet initiatives Climate change mitigation Review of business

GRI 201: Economic Performance 2016
201-2	Financial implications and other risks and opportunities due to climate change	Planet Taskforce on Climate-related Financial Disclosures

GRI 302: Energy 2016
302-1	Energy consumption within the organization	Climate change mitigation Additional breakdowns on the company’s environmental footprint are published on the company website.
302-2	Energy consumption outside of the organization	Climate change mitigation Additional breakdowns on the company’s environmental footprint are published on the company website.
302-3	Energy intensity	Climate change mitigation
302-4	Reduction of energy consumption	Climate change mitigation
302-5	Reductions in energy requirements of products and services	DSM provides examples of reductions in energy requirements from products in Avoided emissions based on LCA. The company currently does not calculate a total value for this.

GRI 305: Emissions 2016
305-1	Direct (Scope 1) GHG emissions	Climate change mitigation
305-2	Energy indirect (Scope 2) GHG emissions	Climate change mitigation
305-3	Other indirect (Scope 3) GHG emissions	Climate change mitigation
305-4	GHG emissions intensity	Climate change mitigation
305-5	Reduction of GHG emissions	Climate change mitigation
305-6	Emissions of ozone-depleting substances (ODS)	DSM considers this indicator to be not material to the management of our material topics.
305-7	Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions	Climate change mitigation

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics SDG 7 and SDG 13 Climate & Energy initiatives Climate adaptation Review of business

GRI 201: Economic Performance 2016
201-2	Financial implications and other risks and opportunities due to climate change	Planet Taskforce on Climate-related Financial Disclosures

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics Nature & biodiversity

GRI 304: Biodiversity 2016
304-1	Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas	Nature & biodiversity DSM manages this topic at a local level and does not report details centrally.
304-2	Significant impacts of activities, products, and services on biodiversity	The percentage of DSM sites that have been identified as being located in or adjacent to high biodiversity value areas can be found in Nature & biodiversity. Monitoring impact on these sites is managed at site level and is not reported at a corporate level. See also our position paper on biodiversity.
304-3	Habitats protected or restored	The percentage of DSM sites that have been identified as being located in or adjacent to high biodiversity value areas can be found in Nature & biodiversity. Monitoring impact on these sites is managed at site level and is not reported at a corporate level.
304-4	IUCN Red List species and national conservation list species with habitats in areas affected by operations	The percentage of DSM sites that have been identified as being located in or adjacent to high biodiversity value areas can be found in Nature & biodiversity. Monitoring impact on these sites is managed at site level and is not reported at a corporate level.

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics SDG 12 Planet initiatives Waste & circularity

GRI 301: Materials 2016
301-1	Materials used by weight or volume	Waste & circularity DSM reports only on percentage renewables by value.
301-2	Recycled input materials used	This data is currently not available. DSM will investigate the materiality and measurability of this topic. Currently this topic has not been resolved yet. For information on how DSM works with waste streams, see Enabling a circular world on the company website.
301-3	Reclaimed products and their packaging materials	This data is not available and currently not assessed as material for DSM. In general, the company’s businesses do not produce consumer end products and are not in a position to trace the reclamation of the final end products.

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics Water stewardship

GRI 303: Water and Effluents 2018
303-1	Interactions with water as a shared resource	Water stewardship DSM further discloses on its water management and strategy via CDP.
303-2	Management of water discharge-related impacts	Water stewardship DSM further discloses on its water management and strategy via CDP.
303-3	Water withdrawal	Water stewardship DSM further discloses on its water management and strategy via CDP.
303-4	Water discharge	Water stewardship DSM further discloses on its water management and strategy via CDP.
303-5	Water consumption	Water stewardship DSM further discloses on its water management and strategy via CDP.

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics SDG 12 Planet initiatives Waste & circularity

GRI 306: Effluents and Waste 2020
306-1	Waste generation and significant waste-related impacts	Waste & circularity Additional breakdowns on the company’s environmental footprint are published on the company website. DSM does not include on-site recovered material in waste reporting.
306-2	Management of significant waste-related impacts	Waste & circularity Additional breakdowns on the company’s environmental footprint are published on the company website. DSM does not include on-site recovered material in waste reporting.
306-3	Waste generated	Waste & circularity Additional breakdowns on the company’s environmental footprint are published on the company website. DSM does not include on-site recovered material in waste reporting.
306-4	Waste diverted from disposal	Waste & circularity Additional breakdowns on the company’s environmental footprint are published on the company website. DSM does not include on-site recovered material in waste reporting.
306-5	Waste directed to disposal	Waste & circularity Additional breakdowns on the company’s environmental footprint are published on the company website. DSM does not include on-site recovered material in waste reporting.

GRI 203: Indirect Economic Impacts 2016
GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics SDG 2 and SDG 3 People initiatives People Health, Nutrition & Care Food & Beverage

203-1	Infrastructure investments and services supported	People initiatives DSM reports on partnerships and joint ventures, such as Africa Improved Foods, when they are considered relevant.
203-2	Significant indirect economic impacts	People initiatives DSM reports on partnerships and joint ventures, such as Africa Improved Foods, when they are considered relevant.

GRI 203: Indirect Economic Impacts 2016
GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics SDG 2 and SDG 3 People initiatives People Health, Nutrition & Care Food & Beverage

203-1	Infrastructure investments and services supported	People initiatives DSM reports on partnerships and joint ventures, such as Africa Improved Foods, when they are considered relevant.
203-2	Significant indirect economic impacts	People initiatives DSM reports on partnerships and joint ventures, such as Africa Improved Foods, when they are considered relevant.

GRI 201: Economic Performance 2016
GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics Suppliers Human rights

201-3	Defined benefit plan obligations and other retirement plans	24 Post-employment benefits

GRI 202: Market Presence 2016
202-1	Ratios of standard entry level wage by gender compared to local minimum wage	Human rights DSM’s approach to wage levels is from a living wage and equal pay perspective.

GRI 401: Employment 2016
401-1	New employee hires and employee turnover	DSM figures: five-year summaries – People DSM does not report on this indicator by gender or age group.
401-2	Benefits provided to full-time employees that are not provided to temporary or part-time employees	Benefits are managed at a local level. DSM does not compile this information on a corporate level as it does not consider this indicator at corporate level applicable for managing this topic. Benefits provided to employees are fully compliant with all applicable national laws.
401-3	Parental leave	Actual rates are managed and monitored at local level. DSM does not consider this rate at a corporate level to be relevant to steer on this material topic.

GRI 402: Labor/Management Relations 2016
402-1	Minimum notice periods regarding operational changes	DSM complies with local legislation and requirements.

GRI 406: Non discrimination
406-1	Incidents of discrimination and corrective actions taken	Consequence management DSM does not publicly provide specific details on the nature of violations of the code and alert cases.

GRI 407: Freedom of Association and Collective Bargaining 2016
407-1	Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk	DSM respects the role of works councils and collective bargaining, and works with these groups in the countries and regions where they are present. See also the Code of Business Conduct on the company website.

GRI 408: Child Labor 2016
408-1	Operations and suppliers at significant risk for incidents of child labor	DSM does not employ child labor. The Supplier Code of Conduct defines the requirements for suppliers, including child labor.

GRI 409: Forced or Compulsory Labor 2016
409-1	Operations and suppliers at significant risk for incidents of forced or compulsory labor	DSM does not employ forced or compulsory labor. The Supplier Code of Conduct defines the requirements for suppliers, including forced or compulsory labor.

GRI 412: Human rights Assessment 2016
412-1	Operations that have been subject to human rights reviews or impact assessments	Human rights
412-2	Employee training on human rights policies or procedures	DSM Code of Business Conduct Human rights is part of the DSM values training programs.
412-3	Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening	Suppliers Supplier Code of Conduct on the company website DSM does not report specific details relating to human rights in investments and contracts.

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics Safety Health & well-being Health, Nutrition & Care

GRI 403: Occupational Health and Safety 2018
403-1	Occupational health and safety management system	DSM implements a SHE-management system to manage risks related to Safety, Health and Environment. Safety Health & well-being Risk management
403-2	Hazard identification, risk assessment, and incident investigation	DSM does not publicly report on internal processes and does not consider it material to do so. See also What still went wrong in 2022. DSM Alert on the company website
403-3	Occupational health services	DSM manages occupational health services at local level. Examples of more general services are given in Health and well-being.
403-4	Worker participation, consultation, and communication on occupational health and safety	DSM does not publicly report on internal processes and does not consider it material to do so.
403-5	Worker training on occupational health and safety	Safety Health & well-being Training on occupational health and safety is part of DSM’s value training program. DSM Code of Business Conduct
403-6	Promotion of worker health	DSM manages worker health services at local level. Examples of more general services are given in Health & well-being.
403-7	Prevention and mitigation of occupational health and safety impacts directly linked by business relationships	Safety Health & well-being Planet Product stewardship on the company website
403-8	Workers covered by an occupational health and safety management system	All DSM employees and contractors are covered by the DSM Code of Business Conduct and DSM’s Safety, Health and Environmental (SHE) policy. DSM’s health and safety management system is internally audited by COA as part of its audit program.
403-9	Work-related injuries	Safety Health & well-being What still went wrong in 2022
403-10	Work-related ill health	Safety Health & well-being What still went wrong in 2022

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics Delivering on our P&O strategy

GRI 404: Training and Education 2016
404-1	Average hours of training per year per employee	Delivering on our P&O strategy DSM does not report this KPI by gender or employee category. DSM does not steer organisational training by gender or employee category so considers these breakdowns not applicable.
404-2	Programs for upgrading employee skills and transition assistance programs	Delivering on our P&O strategy
404-3	Percentage of employees receiving regular performance and career development reviews	Delivering on our P&O strategy All DSM employees receive regular performance and career development reviews, either digitally or on paper.

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics Diversity, equity & inclusion Delivering on our P&O strategy

GRI 202: Market Presence 2016
202-2	Proportion of senior management hired from the local community	DSM focuses on ’under-represented nationalities’ rather than local community as this is material to our diversity approach. Delivering on our P&O strategy DSM figures: five-year summaries – People

GRI 405: Diversity and Equal Opportunity 2016
405-1	Diversity of governance bodies and employees	DSM figures: five-year summaries – People
405-2	Ratio of basic salary and remuneration of women to men	Human rights

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics SDG 2 and SDG 3 People initiatives People Health, Nutrition & Care

GRI 203: Indirect Economic Impacts 2016
203-1	Infrastructure investments and services supported	People initiatives DSM reports on partnerships and joint ventures, such as Africa Improved Foods, when they are considered relevant.
203-2	Significant indirect economic impacts	People initiatives DSM reports on partnerships and joint ventures, such as Africa Improved Foods, when they are considered relevant.

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics Product stewardship Report by the Supervisory Board

GRI 416: Customer Health and Safety 2016
416-1	Assessment of the health and safety impacts of product and service categories	Key data Explanation of some concepts and ratios – Brighter Living Solutions Plus The Brighter Living Solutions Plus program methodology addresses health and safety. DSM publicly reports only on the aggregated percentage of total sales.
416-2	Incidents of non-compliance concerning the health and safety impacts of products and services	Such incidents are managed on site/Group level. DSM does not currently collect this data on a corporate level.

GRI 417: Marketing and Labeling 2016
417-1	Requirements for product and service information and labeling	Requirements for product and service information and labeling are not managed or reported at DSM level.
417-2	Incidents of non-compliance concerning product and service information and labeling	Such incidents are managed on site/Group level. DSM does not currently collect this data on a corporate level.
417-3	Incidents of non-compliance concerning marketing communications	DSM had no incidents of non-compliance.

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics Suppliers Delivering on our P&O strategy DSM Code of Business Conduct Reporting policies

GRI 201: Economic Performance 2016
201-1	Direct economic value generated and distributed	Profit 4 Segment information
201-4	Financial assistance received from government	DSM considers this indicator to be not material to the management of our material topics.

GRI 205: Anti-corruption 2016
205-1	Operations assessed for risks related to corruption	DSM Code of Business Conduct Risk management
205-2	Communication and training about anti-corruption policies and procedures	DSM Code of Business Conduct
205-3	Confirmed incidents of corruption and actions taken	DSM Code of Business Conduct

GRI 206: Anti-competitive Behavior 2016
206-1	Legal actions for anti-competitive behavior, anti-trust, and monopoly practices	Consequence management DSM does not publicly provide specific details on the nature of violations of the code and Alert cases.

GRI 207: Tax 2019
207-1	Approach to tax	Our approach to tax is disclosed in our Taxation position paper on the company website.
207-2	Tax governance, control, and risk management	Our tax governance is disclosed in our Taxation position paper on the company website.
207-3	Stakeholder engagement and management of concerns related to tax	Stakeholder engagement related to tax is disclosed in our Taxation position paper on the company website.
207-4	Country-by-country reporting	The names and activities of our locations can be found in the DSM location finder. We report employees at regional level only in Note 4 Segment information. Income tax paid is disclosed in the Taxation position paper by region, and by the top three countries per region. Other countries are not material to the income taxes paid, contributing less than 1% each to total income tax.

GRI 308: Supplier Environmental Assessment 2016
308-1	New suppliers that were screened using environmental criteria	Suppliers
308-2	Negative environmental impacts in the supply chain and actions taken	Suppliers

GRI 414: Supplier Social Assessment 2016
414-1	New suppliers that were screened using social criteria	Suppliers Human rights
414-2	Negative social impacts in the supply chain and actions taken	Suppliers DSM reports on the general results of its Sustainable Procurement Program. When suppliers do not meet expectations, an improvement plan is defined and executed. DSM does not report publicly on this.

GRI 415: Public Policy 2016
415-1	Political contributions	DSM does not make political donations. Stakeholders See also the Code of Business Conduct on the company website.

GRI 418: Customer Privacy 2016
418-1	Substantiated complaints concerning breaches of customer privacy and losses of customer data	DSM has no recorded incidents of Customer Privacy breaches.

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics SDG 2 and SDG 3 People initiatives Animal Nutrition & Health

GRI 203: Indirect Economic Impacts 2016
203-1	Infrastructure investments and services supported	People initiatives DSM reports on partnerships and joint ventures, such as Africa Improved Foods, when they are considered relevant.
203-2	Significant indirect economic impacts	People initiatives DSM reports on partnerships and joint ventures, such as Africa Improved Foods, when they are considered relevant.

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics Our focus in Science and Innovation

GRI 204: Procurement Practices 2016
204-1	Proportion of spending on local suppliers	Suppliers

GRI 3: Material Topics 2021
3-3		Management of material topics		Materiality Note 1 Management approach for material topics Sustainability Governance Framework DSM Code of Business Conduct

GRI 3: Material Topics 2021
3-3		Management of material topics		Materiality Note 1 Management approach for material topics Our focus in Science and Innovation Risk management

GRI 3: Material Topics 2021
3-3		Management of material topics		Materiality Note 1 Management approach for material topics Strategy DSM Code of Business Conduct

GRI 3: Material Topics 2021
3-3	Management of material topics	Materiality Note 1 Management approach for material topics Collaborative platforms and networks Suppliers Society

GRI 413: Local Communities 2016
413-1	Operations with local community engagement, impact assessments, and development programs	DSM manages impacts at local level locally, and does not collect or centrally report this information. Examples of how DSM engages in local communities can be found in Society.
413-2	Operations with significant actual and potential negative impacts on local communities	DSM manages impacts at local level locally, and does not collect or centrally report this information. Examples of how DSM engages in local communities can be found in Society.

DSM reports only against those Standards that align to the company’s material topics. The Standards that do not align with the company’s material topics are:

GRI 410: Security Practices 2016
GRI 411: Rights of Indigenous Peoples 2016

DSM Integrated Annual Report 2022

General Disclosures 2022

The organization and its reporting practices

Activities and workers

Governance

Strategy, policies and practices

Stakeholder engagement

Material topics

Climate change mitigation

Climate adaptation

Nature & biodiversity

Raw materials & circularity

Water stewardship

Pollution & waste management

Healthy & nutritious diets

Food security

Human rights

Occupational health, safety & well-being

Talent attraction, development & retention

Employee diversity & inclusion

Food loss & waste

Product quality & safety

Business ethics & transparency

Sustainable agriculture

Resilience to economic & political volatility

Cybersecurity

Consumer behavior

Digital transformation

Community relations

Other GRI Standards

Case study

Improving feed efficiency: innovative feed enzymes for affordable and sustainable animal protein

Case study

Harnessing algae for healthier people and planet with life’s®OMEGA

Case study

Health benefits in a bottle: how consumers are embracing functional beverages