Press release -
Sustainable revenue: 81% supports UN Global Goals
New reportdocuments how 81% of Chr. Hansen’s gross revenue directly supports the UN Global Goals for Sustainable Development
As allegedly the first company ever, Chr. Hansen has conducted an extensive analysis to map its entire product portfolio of more than 3,000 products against the UN Global Goals for Sustainable Development. A total of 17 goals have been defined by all UN member states as key goals in the world’s pursuit, towards 2030, to ensure a sustainable future for the planet.
“Chr. Hansen has taken a new approach to document how the company supports the UN Global Goals through its activities. Since there is no generally accepted standard for how this can be done, it has been an exciting process to undertake an assurance engagement and provide advice and sparring around controlling and data quality and thereby support this new form of reporting progress,” comments Jens Pultz Pedersen, Director, PwC.
The analysis shows that 81% of Chr. Hansen’s gross revenue contributes to the UN Global Goals nos. 2, 3 and 12 by promoting sustainable agriculture, improving global health and reducing food waste.
“The result makes me proud to work for Chr. Hansen. Sustainability has always been part of the company DNA, but now we can document our impact,” says Annemarie Meisling, Director of sustainability.
The new report - “Let’s grow our future. Naturally. How ingredients contribute to the UN Global Goals “ - is launched on November 1st 2017 at the Sustainable Brands conference in Copenhagen together with the UN Global Compact Danish Network. It has been assured by PwC, one of the world’s largest auditing and consulting companies.
Five steps towards a sustainable future
In mapping the entire product portfolio, Chr. Hansen followed a five-step approach that translates its business impact into its contribution to the UN Global Goals.
The five-step approach
The fact that the majority of Chr. Hansen’s gross revenue contributes to the UN Global Goals for Sustainable Development underlines the company’s relevance now and going forward.
Or as CEO Cees de Jong puts it, “Every day Chr. Hansen’s ingredients are consumed by more than 1 billion people worldwide. This reach gives us a unique opportunity to address some of the global challenges and impact the UN Global Goals with our core products within natural plant health, natural bioprotection for food, and probiotics for animal and human health. This is indeed a meaningful cause to work for and it makes Chr. Hansen a truly relevant company in the world.”
Measuring positive and negative impact
Chr. Hansen’s products are produced using nature’s own resources and we work hard to show the same care and awareness throughout our production. As a global production company, Chr. Hansen is continuously trying to reduce its energy consumption and any negative environmental and social impacts. We report this annually in our sustainability report.
Chr. Hansen is a leading, global bioscience company that develops natural ingredient solutions for the food, nutritional, pharmaceutical and agricultural industries. We develop and produce cultures, enzymes, probiotics and natural colors for a rich variety of foods, confectionery, beverages, dietary supplements and even animal feed and plant protection. Our product innovation is based on more than 30,000 microbial strains – we like to refer to them as ‘good bacteria’. Our solutions enable food manufacturers to produce more with less – while also reducing the use of chemicals and other synthetic additives – which make our products highly relevant in today’s world. We have been delivering value to our partners – and, ultimately, end consumers worldwide – for over 140 years. We are proud that more than one billion people consume products containing our natural ingredients every day. Revenue in the 2016/17 financial year was EUR 1,063 million. Chr. Hansen was founded in 1874 and is listed on Nasdaq Copenhagen.