Our stakeholders are institutions and individuals in the private and public sectors, as well as in society at large, that influence Novozymes' business and vice versa. Examples of our stakeholders are customers, suppliers, employees, and non-governmental organizations (NGOs).
Seeing the world through our stakeholders’ eyes
Our stakeholders represent a wide range of people with different needs and interests. Stakeholder relations often evolve on a case-by-case basis and vary significantly in nature. Novozymes therefore does not pretend to have a one-size-fits-all solution that can meet the needs of all our stakeholders.
As our organization becomes more global and complex, we recognize that a systematic approach to identifying and responding to our stakeholders’ concerns is important to our future success. As a result, we map stakeholders and their interests of relevance tp specific issues when initiating new projects and activities.
Connecting sustainability and stakeholders in strategy development
What we learn from engaging with our stakeholders is important input to our strategy development, thereby ensuring that our future activities are conducted in a responsible manner and that key stakeholder care-abouts are addressed. This in turn helps us to set direction in our business units and in geographical regions, and can drive formalized partnerships with customers, suppliers, technology partners, and NGOs.