August 28, 2018

DSM named on Fortune Magazine's "Change the World" List for third consecutive year

Royal DSM has once more made it to Fortune Magazine's 2018 "Change the World" list, an annual recognition of companies that have a positive social impact through their core business strategy.

The company was featured for the third consecutive year.

Among the company's achievements being lauded, Veramaris, DSM's joint venture with Evonik, was noted 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'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 organisations 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 prioritised and evaluated on several factors: measurable social impact, business results, innovation, and corporate innovation. This month, DSM was further recognised when it was assessed by Sustainalytics as a leader in ESG (environmental, social and governance) within the chemicals industry for a second year in a row.

DSM ranked number one of 135 companies.

- DSM