Processes that enhance sustainability efforts
Sustainability is an integral part of strategy development, innovation and business development processes at DSM. DSM’s initiatives in sustainability are working, helping the company to differentiate and drive value. Brighter Living Solutions currently account for 63% of DSM’s product portfolio. With sustainability being the heartbeat of the company, DSM continues to drive a higher proportion of its Brighter Living Solutions to its customers.
Audits and reporting
As sustainability is at the core of DSM’s strategy, the company reports on the progress of its sustainability targets in an integrated way with its financial targets, every quarter. DSM’s reporting of its sustainability performance in its Integrated Annual Report is externally audited through limited assurance processes each year.
DSM’s Corporate Operational Audit department conducts regular sustainability audits as a part of the company’s Corporate Risk Management activities (sometimes unannounced). Increasingly, these audits aren’t focused purely on DSM but also apply to various partners and suppliers in the value chain.
DSM commits to being transparent about its sustainability performance which means we report ‘what still went wrong’ in People, Panet and Profit performance on an annual basis.