Parsippany NJ, US, 22-Aug-2018 — /EuropaWire/ — Royal DSM, a global science-based company active in Nutrition, Health and Sustainable Living, again made Fortune Magazine’s 2018 Change the World list, an annual recognition of companies that have a positive social impact through their core business strategy. DSM was featured for the third consecutive year.
Fortune highlighted Veramaris, DSM’s joint venture with Evonik, for its innovative omega-3 fatty acids made from natural marine algae rather than fish oil from wild caught fish. Developed for animal nutrition applications, Veramaris helps support life below water by reducing impact on ocean resources.
Fortune also praised DSM’s contributions to The Ocean Cleanup, a nonprofit aiming to rid the world’s oceans of plastic through advanced technology. As an official partner of The Ocean Cleanup, DSM supports their mission by sharing facilities, materials knowledge and networks, and by supplying Dyneema®, the world’s strongest fiber™. Fifteen times stronger than steel and extremely suitable for tough marine environments, Dyneema is used as part of The Ocean Cleanup’s passive drifting system that will naturally move with ocean currents collecting and capturing plastic debris for removal. The system is set to launch from San Francisco Bay into the Great Pacific Garbage Patch on 8 September 2018.
Fortune’s Change the World list is determined by Fortune writers and editors with input from FSG, a nonprofit social-impact consulting firm; the Shared Value Initiative, a global platform for organizations seeking business solutions to social challenges; and Professor Michael E. Porter of Harvard Business School. Companies with annual revenues of $1 billion or more are prioritized and evaluated on several factors: measurable social impact, business results, innovation, and corporate innovation.
This month DSM was further recognized when it was assessed as the leader in ESG (environmental, social and governance) within the chemicals industry by Sustainalytics for the second year in a row. DSM ranked number one of 135 companies.
For more Information:
DSM North America
Hugh Welsh, President
+1 973 257 8208
SOURCE: Royal DSM