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    DSM   NL0000009827

ROYAL DSM N.V.

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Royal DSM N : DSM announces food system commitments to set a healthier future for people, planet and livelihoods

09/14/2021 | 01:12am EDT

Heerlen, NL, 14 Sep 2021 07:01 CEST

Royal DSM, a global purpose-led science-based company, today announces a series of new quantifiable commitments aimed to address urgent societal and environmental challenges linked to how the world produces and consumes food by 2030. DSM is one of the first companies in the consumer ingredient sector to make its societal impact explicit through a set of measurable food system commitments. These commitments cover three areas where the company believes it can make the greatest positive impact together with its business partners: Health for People, Health for Planet and Healthy Livelihoods.

Through investment in its (bio)science-based innovations, extensive partnerships, and advocacy activities, DSM aims to help deliver change to ensure accessible, affordable, healthy nutrition and healthy livelihoods within planetary boundaries. DSM's new strategic food system commitments by 2030 are:

People

  • Enable the micronutrient gap of 800 million vulnerable people to be closed
  • Support the immunity of 500 million people

Planet

  • Enable double-digit on-farm livestock emission reductions
  • Reach 150 million people with nutritious, sustainable plant-based protein foods

Livelihoods

  • Support the livelihoods of 500,000 smallholder farmers across value chains together with partners

These commitments support the UN Sustainable Development Goals 2, 3, 12 and 13. DSM is committed to continue to obtain reasonable assurance on its impact reporting including these new commitments as it plans to report its progress every year in its Integrated Annual Report.

Geraldine Matchett and Dimitri de Vreeze, Co-CEOs, commented: 'The way we produce and consume food as a society contributes to major global challenges, such as climate change, malnutrition and poverty. To solve this, we need to collectively rethink our food systems from farm to fork. As a purpose-led global science-based leader in health, nutrition and bioscience, we've been playing our part and applied our resources and expertise to create positive change, for instance through our food fortification and feed solutions for on-farm emission reduction. With today's ambitious commitments we are taking a next step by making our societal impact explicit and measurable. We look forward to stepping this up, together with our public and private sector partners, to ensure accessible, affordable, healthy nutrition and healthy livelihoods within our planet's boundaries.'

Health for People

During 2020, the number of people without access to adequate nutrition rose to 2.4 billion - roughly a third of the world's population (UN FAO). Food poverty is also endemic in many of the world's richest countries, as shown by the growing use of food banks. It is estimated that 2 billion people suffer from vitamin and mineral deficiency with COVID-19 highlighting the crucial role a balanced nutrition plays in supporting the body's immune function.

  • DSM commits to helping fill the micronutrient gap of 800 million people by 2030 through fortified staple foods and health supplements that deliver a proven and cost-effective method of combating malnutrition; as well as empowering consumers to achieve healthier diets. DSM does this together with its cross-sector partners such as the World Food Programme, UNICEF, World Vision and Scaling Up Nutrition.

Disclaimer

Koninklijke DSM NV published this content on 14 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2021 05:11:07 UTC.


© Publicnow 2021
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Net income 2021 1 353 M 1 576 M 1 576 M
Net Debt 2021 1 108 M 1 290 M 1 290 M
P/E ratio 2021 21,0x
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EV / Sales 2021 3,62x
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Nbr of Employees 21 173
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Last Close Price 183,95 €
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Dimitri de Vreeze Co-Chief Executive Officer & COO
Géraldine Matchett Co-Chief Executive Officer & CFO
Thomas Leysen Chairman-Supervisory Board
Eileen A. Kennedy Member-Supervisory Board
Pradeep Pant Member-Supervisory Board
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