Evaluating sustainability – Sustainable Business Value
In order to assess the sustainability of our products, technologies and business activities, our company has developed Sustainable Business Value, a tool that enables us to calculate and evaluate our positive and negative impacts on society.
The Sustainable Business Value quantifies all impacts in monetary terms, examining seven dimensions across our entire value chain. We consider both the usual ESG (environment, social, governance) parameters while also incorporating economic value, ethics, consumer well-being, and digitization into this assessment. The findings gleaned from the assessed data help us drive sustainability across our business operations and position ourselves for future success.
What does this mean in concrete terms? Find out more in our research article on the subject.
Recognition for Sustainable Business Value
Our Sustainable Business Value methodology was recognized with the German Award for Sustainability Projects 2021 in the category "Assessment concepts/tool".
A green chemistry evaluator
Our goal is to make research as environmentally compatible as possible and to minimize adverse impacts on human health. With this is mind, we examine our products and processes to see where and how we can apply the 12 Principles of Green Chemistry, thereby reducing our ecological footprint. Our award-winning web-based tool DOZN™ enables us to evaluate how our products are performing in three categories, namely “improving resource use”, “more efficient use of energy”, and “minimizing human and environmental hazards”. The system calculates a score based on a variety of data such as Globally Harmonized System (GHS) information. This allows us to identify the substances that increase a product’s ecological footprint and then systematically search for an alternative.
DOZN™ is an industry-first quantitative green chemistry evaluation tool. Available in a customer-facing version since 2019, it allows our customers to calculate the green scores of their processes and products so that they can make more environmentally friendly decisions. More than 860 active users are registered – from universities to government institutions and B2C companies.
Smart and greenOur products are helping tackle global challenges such as climate change and resource scarcity.Explore more
High-tech and sustainableScience and technology are at the heart of everything we do, driving innovations that enable us to contribute to a sustainable future.Explore more
Protecting environmentWe are working to reduce our emissions and treat natural resources such as water in a respectful manner.Explore more