Novozymes specialises in enzymes and microbes. Novozymes hs been around for around 70 years.
Novozymes strategy: Partnering for Impact
We call our strategy, “Partnering for Impact” and at its core is our belief that we make the biggest impact through partnerships. Our strategy sets out four focus areas.
Novozymes long-term targets
We measure the success of our purpose and strategic focus areas using a number of financial and non-financial long-term targets. These ambitious targets reflect the belief that the use of our biological solutions will have a real and positive impact on the world.
2000: While our roots stretch back to the foundation of Novo Terapeutisk Laboratorium in 1925, our story really began in 2000 when Novo was split into three independent companies: Novo A/S, Novo Nordisk A/S, and Novozymes A/S. We already had a strong portfolio of enzymes at this point, especially for the Food & Beverages and Household Care industries.
- 2001-2011: A number of acquisitions strengthened our business in the bioagriculture sector. In the same decade, we inaugurated the world’s largest enzyme fermentation facility in China.
- 2011-2013: Following the opening of the world’s first commercial-scale cellulosic ethanol plant in Crescentino, Italy, using Novozymes enzymes, the commercial production of cellulosic ethanol continued to broaden globally. In 2012 we inaugurated a plant of our own to produce biofuel enzymes in Nebraska. We now provide enzymatic solutions to the biofuel industry in South and North America and Europe.
- 2014-Today: The BioAg Alliance – formed with Monsanto in 2013 to develop more sustainable solutions for farmers – became fully operational. We also began to work with Adisseo and Boehringer Ingelheim Animal Health on probiotics as a sustainable potential alternative to antibiotic growth promoters in animal feed. In 2017, the application of our products helped reduce CO2 emissions by an estimated 76 million tons, and the Dow Jones Sustainability Index ranked us among the top 6% of companies in the chemical industry sector.