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Principle 9

Businesses should encourage the development and diffusion of environmentally friendly technologies

Novozymes' management system – including values, relevant policies, etc.

Novozymes' approach in 2007

Reference to GRI G3 performance indicators

The Novozymes Touch

  • Vision, values and fundamental principles
  • Support for the United Nations Convention on Biological Diversity
  • Support for the United Nations Global Compact


Environment and bioethics policy

Position on global warming and energy
Position on biofuels 

Scope and approach
Using product life cycle assessments (LCA) we look at the impact on the environment at every stage of a product’s lifecycle and find that enzyme technology is generally an environmentally friendly alternative to other technologies.

Responsibilities and activities
One of the most urgent issues on the global agenda is climate change. In recent years, global warming as a consequence of burning fossil fuels has prompted greater awareness of energy consumption and CO2 emissions. As part of the efforts to be able to meet this challenge as a company, Novozymes adopted a new energy and climate strategy. An important element of the strategy is to bring the Novozymes’ technology into play in order, together with suppliers and customers, to help solve some of the problems of climate change. 

Examples:

  • Novozymes is conducting intensive research into production of fuel based on plant waste and entered into new collaboration agreements in the USA and China in 2006.
  • Novozymes is researching a technology that may eventually make it possible to produce plastics from plant material.


See also:
Board of Directors' report
Foreword - The dawn of sustainable development
Bioethanol stimulates growth in Novozymes and worldwide debate
The long-term perspective
Enzymes and global warming in The Novozymes Report 2006
Environmental assessment at www.novozymes.com

 

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