DSM quantifies impact on delivering a healthier future for people, planet and livelihoods
HEERLEN, Netherlands, March 29, 2023 /PRNewswire/ -- Royal DSM, a global purpose-led science-based company, reveals the first audited results of its progress in helping to address urgent societal and environmental challenges linked to how the world produces and consumes food.
In the first full year since announcing a series of ambitious, measurable, long-term food system commitments, DSM's initial findings provide a benchmark by which to measure improvement between now and 2030 as the company seeks to ensure accessible, affordable, healthy nutrition along with healthy livelihoods within planetary boundaries.
DSM's food system commitments cover areas where the company believes it can make the greatest positive impact and support the UN Sustainable Development Goals 2, 3, 12 and 13.
DSM is one of the first companies in the consumer ingredients sector to make its societal impact explicit, with KPMG providing the highest possible assurance opinion for non-financial data on the 2022 conclusions:
Health for People
Health for Planet
More information on DSM's food system commitments, including how the results were determined, can be found here.
Geraldine Matchett and Dimitri de Vreeze, DSM Co-CEOs, commented: "The initial results are humbling – millions of people around the world already benefit from DSM's scientific expertise and manufacturing prowess – but also make clear there is much more to be done. The way food is produced and consumed currently contributes to major global challenges, such as climate change, malnutrition and poverty. Urgent change is needed. Quantifying our impact provides a robust benchmark from which we can work towards our 2030 ambitions. We can now reassess if any targets can be revised upwards and, together with our partners, do even more to ensure accessible, affordable, healthy nutrition and healthy livelihoods within our planet's boundaries."
Royal DSM is a global, purpose-led company in Health, Nutrition & Bioscience, applying science to improve the health of people, animals and the planet. DSM's purpose is to create brighter lives for all. DSM's products and solutions address some of the world's biggest challenges while simultaneously creating economic, environmental and societal value for all its stakeholders – customers, employees, shareholders, and society at large. The company was founded in 1902 and is listed on Euronext Amsterdam. More information can be found at www.dsm.com.
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This press release may contain forward-looking statements with respect to DSM's future (financial) performance and position. Such statements are based on current expectations, estimates and projections of DSM and information currently available to the company. DSM cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. DSM has no obligation to update the statements contained in this press release, unless required by law. The English language version of the press release is leading.
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