Novozymes is a biotechnology company engaged in the production and sale of industrial enzymes, microorganisms and biopharmaceutical ingredients. The company operates in several geographical regions: Europe, Middle East & Africa (including Denmark), North America, Asia Pacific and Latin America. Novozymes develops and distributes solutions within a wide diversity of markets, with sectors including food and beverages, agriculture and feed, and bioenergy, in addition to household care, technical and pharma.
Novozymes ranks 20th in agricultural products and commodities segment. The company is in the top grouping of companies however it is not a leader yet. Novozymes ranks in the top 20 for environment, where it discloses good practices towards reducing GHG emissions and food loss and waste relative to peers. However, the company is currently lagging in nutrition, where it ranks in the middle grouping, due to a lack of disclosure on relevant issues such as food safety and promoting healthy foods, topics its peers are already addressing. Moreover, the company can improve in social inclusion, where it currently lacks disclosure on key topics in relation to its supply chain, such as its monitoring systems for child and forced labour or the health and safety of vulnerable workers. Nonetheless, Novozymes performs well in governance and strategy, highlighting it already has a platform to improve its sustainability disclosure going forward.
More about the company
- Copenhagen, Denmark
- Food and agriculture revenue USD
- Group revenue USD
- Onwnership structure
- Publicly listed
- Number of employees