Purpose

Strategy

Commitments

Sustainability pioneering
Exceptional biosolutions
6,700 bright minds, working for a cause
30+ industries and 130 markets
Superior R&D capabilities

Welcome to the world's leading
biotech powerhouse

We are a company with a purpose

To Rethink Tomorrow

Our biosolutions give us the power
to imagine if

If animal protein were replaced by sustainable alternatives…

If transportation were powered by renewable sources…

If fossil-based chemicals in laundry detergents were replaced with bioinnovation…

If chemical pesticides in agriculture were replaced with biologicals...

With the power of biotech, we work together with our customers for a healthy planet

Introducing our strategy

It is a commitment
...that allows customers to grow their business
...that creates an attractive investment for shareholders
...that helps a growing world in urgent need of answers

We are here to unlock growth – powered by unparalleled biotech, powered by purpose

Growth pillars

Evolve Our core business Expand BioHealth & Human Nutrition Explore New options for growth

Commitments to
a healthy planet

Accelerate towards a climate-neutral society Transform food systems Enable healthier lives

Unlocking
growth

- powered by biotech

Drivers

Zymers and culture An unparalleled biotech platform Unique production competences Customer co-creation and commercial leadership
Click on to read more

Growth pillars

Growth pillars

Evolve Our core business Expand BioHealth & Human Nutrition Explore New options for growth

Drivers

Zymers and culture An unparalleled biotech platform Unique production competences Customer co-creation and commercial leadership

Commitments to
a healthy planet

Accelerate towards a climate-neutral society Transform food systems Enable healthier lives

Our commitments to a healthy planet

Accelerate towards
a climate-neutral society

Accelerate towards a climate-neutral society
Rethinking how to reduce CO2 emissions by enabling industries to move away from fossil-based energy and chemicals
We pave the way for the bio-based society – from solutions that enable lower CO2 emissions to carbon capture – to reach carbon neutrality by 2050 and protect the planet we love

Transform
food systems

Transform food systems
Rethinking food production from farm to fork by growing more per acre, ensuring better quality, nutritious food and enabling alternative proteins
We engage deeply in sustainable agriculture and food production to help feed and nourish a growing world

Enable
healthier lives

Enable healthier lives
Rethinking how to improve people’s quality of life by empowering them to take control of their health with supplements and functional foods
We use biology to help enhance nutrition and increase wellbeing – for healthier, happier lives

Employees & society

Employees & society
Living our purpose and enabling employees to find their work engaging and meaningful is the most sustainable advantage Novozymes can ever obtain
We believe in continuing to develop employees in a thriving, diverse and inclusive community, where we inspire each other and society to make change happen

Operations

Operations
We hold ourselves accountable for the impact we have on our planet and are committed to world-leading sustainability performance in our operations and supply chain
We see this as a holistic, end-to-end commitment, working together with customers, suppliers, local communities and many other partners

Accelerate towards
a climate-neutral society

Accelerate towards a climate-neutral society
Rethinking how to reduce CO2 emissions by enabling industries to move away from fossil-based energy and chemicals
We pave the way for the bio-based society – from solutions that enable lower CO2 emissions to carbon capture – to reach carbon neutrality by 2050 and protect the planet we love

Transform
food systems

Transform food systems
Rethinking food production from farm to fork by growing more per acre, ensuring better quality, nutritious food and enabling alternative proteins
We engage deeply in sustainable agriculture and food production to help feed and nourish a growing world

Enable
healthier lives

Enable healthier lives
Rethinking how to improve people’s quality of life by empowering them to take control of their health with supplements and functional foods
We use biology to help enhance nutrition and increase wellbeing – for healthier, happier lives

Zymers & society

Zymers & society
Living our purpose and enabling Zymers to find their work engaging and meaningful is the most sustainable advantage Novozymes can ever obtain
We believe in continuing to develop Zymers in a thriving, diverse and inclusive community, where we inspire each other and society to make change happen

Operations

Operations
We hold ourselves accountable for the impact we have on our planet and are committed to world-leading sustainability performance in our operations and supply chain
We see this as a holistic, end-to-end commitment, working together with customers, suppliers, local communities and many other partners

Our targets

Business

Business

  • Organic sales CAGR

    5% or higher until 2025
  • EBIT margin,
    before special items*

    26% or higher by 2025
  • ROIC incl. goodwill, before special items*

    20% or higher by 2025
  • *Special items include costs related to proposed combination with Chr. Hansen

    All targets assume constant currencies, no additional acquisitions, no divestments, no special items, a gradual normalization of the global economy and supply chain post-COVID and no new severe disruptions of the global economy

Employees & society

Employees & society

  • Include

    An inclusive and diverse workforce

    By 2025, ≥35% women in senior management and ≥45% women across all professionals

    By 2030, ≥45% women and ≥45% men across all professionals and in senior management
  • Thrive

    A workplace where employees stay safe, thrive and grow

    By 2025, three year rolling average of occupational injuries with absence ≤1.5

    By 2025, achieve the same score as benchmark on our Thrive index, developed from our annual employee survey
  • Inspire

    A culture of changemakers

    Pledge 1% of our time to community outreach

Operations

Operations

  • Climate

    By 2025, reduce absolute CO2 emissions from operations by 65% from a 2018 baseline and purchase 100% renewable electricity
    By 2030, reduce absolute CO2 emissions from operations by 75% and supply chain by 35%
    Net-zero by 2050
  • Water

    Improve freshwater withdrawal by recycling an additional 10% of drinking water by 2025, 15% by 2030, and 15% by 2035
    Restore 10 billion liters of water in basins close to our production sites where WASH (Water, Sanitation and Hygiene) is a challenge, and 30 billion liters by 2030
  • Circular

    By 2025, two key circular projects in pilots with demonstrated benefit
    By 2030, zero waste to landfill from operations and three key circular projects successfully implemented
  • More information about our non-financial targets, including full wording of the net-zero target validated by the Science Based Targets initiative, can be found in The Novozymes Annual Report 2022 at www.novozymes.com

Together we…

The very first word is TOGETHER because we cannot do this alone. Partnerships, communities, and alliances of the willing are the way to make a difference in a world full of complex challenges and large opportunities

Find biological answers…

Novozymes brings the biology and science to the table. We know that many of the answers which the world needs can be found in its smallest components: enzymes, microorganisms and precision proteins. Our biotechnology can achieve the unimagined. We define Novozymes as a company that finds these BIOLOGICAL ANSWERS

For better lives in a growing world…

The goal is that all people can thrive in a world in balance. We want to solve the toughest and most urgent puzzle both in terms of business and sustainability: BETTER LIVES in a GROWING WORLD. It is not a choice between better lives or a growing world, but better lives in a growing world

Let’s Rethink Tomorrow…

Imagine what we can do together… for the world today, and for the coming generations who rely on us. We invite everyone to join: Let’s RETHINK TOMORROW

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