Danisco wins top honour for Corporate Social Responsibility reporting

Source: Danisco A/S, 10 December 2010

The Institute of State Authorized Public Accountants in Denmark (FSR) announced today that Danisco A/S has been named the winner of the Best CSR report of a company listed on NASDAQ OMX Copenhagen A/S (C20).
The 2009/10 Danisco CSR report entitled “Ingredients for Sustainability” was recognised by a leading institute with its top award, citing the report’s focus on a systematic and holistic CSR approach to drive performance and leadership globally.

“We are extremely positive and humbled by this designation,” explained CEO Tom Knutzen. “This award provides recognition for the extensive work we have undertaken to embed sustainability and social responsibility into our business and value chain.”

The award, led by FSR and the Danish Commerce and Companies Agency, was offered for the 16th time to spread awareness of CSR in the Danish community and to motivate and inspire a greater focus on civic responsibility. The importance of the award was further highlighted in 2009 with the adoption of new legislation requiring that the top 1000 Danish companies disclose material CSR impacts and strategies in their financial reporting.

To determine the nominees, FSR has developed an expert panel comprised of highly qualified certified public accountants and consultants with strong working knowledge of CSR and CSR reporting. The nominees are then judged by an independent panel of business representatives, business organisations, educational institutions and government authorities. This year, three awards were given based on company size and one special award was given for the best CO2 accounting.

“The fact that we have been recognised by FSR demonstrates our strong commitment to embedding sustainability throughout our organisation and to communicating our programmes and philosophies to a wider audience,” said Jeffrey Hogue, Vice President, Sustainability. “This year we took a fresh approach to our annual sustainability report, now in its ninth year, and focused on materiality, stakeholder engagement and our global sustainability context. We plan to build upon this achievement by further exploring sustainability opportunities for ourselves and our customers as we work to bring innovative solutions to a growing world.”