HEERLEN, Netherlands, September 7, 2017 /PRNewswire/ --
Royal DSM, a global science company active in health, nutrition and materials, has yet again been named among the world leaders in the Materials industry group in the Dow Jones Sustainability World Index published today. DSM has been recognized for its consistent and longstanding commitment to sustainability, having been named among the global leaders for the past 14 years and holding the number one position in the sector seven times.
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Feike Sijbesma, CEO and Chairman of the DSM Managing Board, commented: "We are proud to once again be among the global leaders in the Dow Jones Sustainability World Index. We congratulate Grupo Argos on being named the leading company in the materials industry group. This is the first time a construction materials company has outperformed the chemical leaders in this group. At DSM sustainability is not only a responsibility-it is our core value and an important business driver. Together with our customers and partners around the world, we are tackling some of society's toughest issues and using science to create brighter lives for people today and generations to come."
DSM has identified three key focus areas in sustainability where its core business competencies closely intersect with identified global societal trends that are affecting people, economies and markets: Nutrition, Climate Change, and Circular Economy. DSM is offering products and innovations in these areas as well as solutions through partnerships and advocacy. Meanwhile, DSM's Brighter Living Solutions - products that are better for people and the planet - now represent 63% of sales.
In the area of nutrition, this year DSM and Evonik announced a JV that will reduce impact on oceans by providing a breakthrough alternative omega-3 source based on natural marine algae rather than fish oil. The new product is intended for applications in animal nutrition such as salmon aquaculture and pet food.
In the area of climate and energy, solar panels with DSM's coatings save 2300 ktons of CO2 equivalent annually. Recently, DSM unveiled a new anti-soiling (AS) coating for photovoltaic (PV) solar glass, providing a unique combination of anti-soiling and anti-reflective properties for increased solar panel performance.
To address methane emissions, now the second largest contributor to global warming, DSM's nutrition business has developed a solution that reduces enteric methane emissions from cows by at least 30% according to published studies. It will be marketed to the beef and dairy sectors to significantly lower their CO2 equivalent footprint and improve the sustainability of agriculture.
DSM continues its commitment to developing the circular economy with DSM-Niaga, a joint venture that has developed a 100% recyclable carpet. It began commercial production late 2016.
Recently, DSM was recognized as an ESG (environmental, social and governance) leader within the chemicals industry by Sustainalytics, ranking number 1 out of 130 companies.
DSM - Bright Science. Brighter Living.™
Royal DSM is a global science-based company active in health, nutrition and materials. By connecting its unique competences in life sciences and materials sciences DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders simultaneously. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 25,000 employees. The company is listed on Euronext Amsterdam. More information can be found at www.dsm.com.
Forward-looking statements
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.
For more information:
DSM Communications Manager
Jackie Guscott
tel. +31(0)61-5590227
e-mail [email protected]
DSM Investor Relations
Dave Huizing
tel. +31(0)45-5782864
e-mail [email protected]
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