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Novozymes

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.

Ranking position
#63/350
Total score
33.8/100
Measurement area Score Rank (0-350)

Governance and strategy

#1 6.7 / 10 #36

Environment

#1 11.8 / 30 #56

Nutrition

#1 5.6 / 30 #96

Social inclusion

#1 9.7 / 30 #65
Segment Rank
Agricultural products and commodities #20

Segment ranking summary

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.

Leading practices

Risks and opportunities

Core social indicators

The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.

More about the company

Headquarters
Copenhagen, Denmark
Food and agriculture revenue USD
1,364,189,700
Group revenue USD
2,200,305,900
Onwnership structure
Publicly listed
Number of employees
6,427
Website
https://www.novozymes.com

This company is part of the SDG2000, the 2.000 most influential companies

See company profile