DSM Integrated Annual Report 2022

Delivering purpose-led, positive impact

At DSM, sustainability is not only our core value and a key responsibility; it is also a key business driver that is fully engrained in our purpose, strategy, business, and operations. Our approach for bringing about positive change is to improve, enable and advocate.

Responsibility for our own footprint and care for our people

Core to our strategy as a purpose-led company is our commitment to creating brighter lives for all. This guides how we think about our impact on the world, the communities around us, and our own people. Over the course of recent years, we have developed, and acted upon, an ambitious set of increasingly high goals.

With regards to minimizing our environmental footprint, we routinely evaluate what DSM can do to go further, faster. This has led us to regularly increase our targets as we cut emissions, transition to renewable electricity, and improve the energy efficiency of our operations worldwide. The independent assessment of the Science Based Targets initiative provides validation that our plans are in line with the latest climate science and in limiting global warming to no more than 1.5°C.

Concurrently, we have long-held ambitions for further improving employee engagement, safety, and diversity, in recognition of our respect for, and responsibility toward, our colleagues around the globe. We routinely assess our progress and set new higher targets to drive our progress.

For more details on our initiatives and progress, see People and Planet.

Creating a positive impact for society

Through investment in our bioscience-based innovations, extensive partnerships, and vocal advocacy activities, we aim to help deliver change to ensure accessible, affordable, healthy nutrition for all within planetary boundaries. Recognizing the urgent societal and ecological challenges specifically linked to how the world produces and consumes food, we have also set a series of quantifiable commitments in areas where we believe we can best apply our expertise to make the greatest positive impact more widely in society.

Sustainable portfolio steering

To better support our customers in delivering sustainable and healthy solutions, we have updated our methodology for steering the development of our portfolio of solutions that allows for greater comparability, supports reporting against new and future requirements of regulating authorities, and creates transparency on our contribution towards achieving the United Nations Sustainable Development Goals. The products and services that we consider to be delivering a sustainability benefit, while doing no significant harm to people or planet, are identified and designated as being Brighter Living Solutions Plus (BLS+). More information on our BLS+ methodology can be found in Sustainable Portfolio Steering.

Food System Commitments

DSM was one of the first companies in the sector to make our societal impact explicit through a set of measurable commitments and our actions support the United Nations Sustainable Development Goals 2 (Zero Hunger), 3 (Good Health and Well-Being), 12 (Sustainable Consumption and Production), and 13 (Climate Action). Details of our progress can be found in Food System Commitments.

Biosciences are any of the sciences that deal with living organisms.