Mission Statement, Vision, & Core Values (2025) of Corbion N.V.

An Overview of Corbion N.V.

General Summary of Corbion N.V.

Corbion N.V., founded in 1919 and headquartered in Amsterdam, is a global leader focused on sustainable solutions in food and biochemicals. The company specializes in the development and production of biobased ingredients, including emulsifiers, preservatives, and functional blends. As of 2024, Corbion's product offerings encompass a wide range of applications across the food, personal care, and pharmaceutical industries, making it a pivotal player in these sectors.

As of the end of 2023, Corbion reported total sales of approximately €1.1 billion, reflecting a solid performance driven by its innovation in biobased products and an increasing demand for sustainable alternatives.

Company's Financial Performance in the Latest Financial Reports

In its latest financial report for Q4 2023, Corbion achieved a record-breaking revenue of €300 million, a significant increase of 12% year-over-year. This growth was largely attributed to strong sales in its food segment, particularly in emulsifiers and preservatives, which saw an uptick of 15%.

The company reported a gross profit margin of 36%, showcasing its efficiency in converting raw materials into high-value products. Additionally, Corbion's EBITDA for the quarter stood at €70 million, translating to an EBITDA margin of 23%.

In terms of geographical performance, North America and Europe were the leading markets, accounting for approximately 65% of total sales, with North America showing a robust growth rate of 10% in the last fiscal year.

Introduction to Corbion as a Leader in the Industry

Corbion has consistently positioned itself as a frontrunner in the biobased product industry through its commitment to sustainability and innovation. The company’s extensive research and development capabilities enable it to meet the evolving needs of various markets while maintaining a focus on reducing its environmental footprint.

This strategic approach has not only solidified Corbion's market share but has also made it a preferred partner for businesses seeking sustainable ingredient solutions. Investors and stakeholders interested in understanding Corbion's successful trajectory should explore its comprehensive portfolio and strategic initiatives aimed at driving future growth.

Mission Statement of Corbion N.V.

Mission Statement of Corbion N.V.

Corbion N.V. is committed to providing sustainable solutions through innovation, with a mission to lead the development of sustainable food and biobased products. Their mission statement emphasizes a dedication to quality, sustainability, and innovation as a means to drive long-term business goals and address the challenges of today’s world.

Core Components of Corbion's Mission Statement

1. Sustainability

Corbion emphasizes sustainability as a core pillar of its mission. The company aims to create products that reduce environmental impact while meeting consumer needs. In 2022, Corbion reported a 20% reduction in Scope 1 and 2 greenhouse gas emissions compared to a baseline year of 2018.

Additionally, Corbion's commitment is reflected in its goal to achieve a 50% reduction in greenhouse gas emissions across its supply chain by 2030. The company is focusing on biobased raw materials and aiming for a transition to renewable energy in production processes.

2. Innovation

Innovation is central to Corbion's approach to meeting market demands. The company's investment in research and development has been substantial. In 2022, Corbion invested approximately €14 million in R&D, focusing on new biobased products and applications that meet changing consumer preferences.

Corbion’s innovation strategy includes partnerships with universities and research institutions. As of 2023, Corbion holds over 700 patents, which underscores its commitment to pioneering new technologies in food preservation and bioproducts.

3. Quality Products and Services

Corbion aims to deliver high-quality products that meet rigorous safety and efficacy standards. In 2022, customer satisfaction surveys indicated a 92% satisfaction rate among customers regarding product quality and service. The company maintains stringent quality control processes and certifications such as ISO 9001.

• Revenue (2022): €1.049 billion
• Net Profit Margin: 10.5%
• Operating Income: €110 million

Performance Data Supporting Mission Components

Through these core components, Corbion N.V. strives to maintain its position as a leader in sustainability, innovation, and quality in the biobased product sector. With clear targets and measurable outcomes, the company is aligning its business operations with the mission statement to ensure long-term growth and positive environmental impact.

Vision Statement of Corbion N.V.

Vision Statement Overview

Corbion N.V. envisions a world where sustainable solutions are at the core of global food and biochemicals. The company's vision focuses on innovation, sustainability, and growth in the bio-based products industry. As of 2024, Corbion aims to lead in the production of biobased ingredients that help meet the challenges of a changing planet.

Sustainability Focus

Corbion aims to be a frontrunner in sustainable practices within its industry. This commitment is illustrated by their target to achieve a 50% reduction in greenhouse gas emissions across their value chain by 2030 from a 2020 baseline. The company has also pledged to source 100% of their key raw materials sustainably by 2025.

Innovation and R&D Commitment

In 2024, Corbion emphasizes innovation as a crucial aspect of its vision. The company has invested approximately €30 million in Research & Development annually, focusing on developing new biobased materials and solutions. This investment has resulted in the launch of new products that reduce food waste and enhance shelf life.

Global Reach and Market Expansion

The vision incorporates a strategy for global expansion. As of 2024, Corbion operates in over 100 countries and aims to increase its market share in the Asia-Pacific region, which is expected to reach a valuation of $10 billion in bioplastics by 2027. Furthermore, Corbion targets to grow its revenue from biobased products to represent 50% of total sales by 2025.

Partnerships and Collaborations

Corbion recognizes that partnerships are essential to achieving its vision. The company has established collaborations with over 50 strategic partners in R&D, focusing on sustainable packaging and food preservation technologies. These collaborations are designed to foster innovation and drive growth in their core business areas.

Core Values of Corbion N.V.

Innovation

Corbion N.V. places a strong emphasis on innovation as a core value, driving the development of sustainable solutions across its product lines. This commitment is demonstrated through significant investments in research and development.

In 2022, Corbion allocated approximately €23 million to R&D activities, aiming to enhance its biobased product offerings and improve efficiency in their manufacturing processes. A notable initiative is the launch of the company's new bioplastics portfolio, which utilizes renewable resources to reduce environmental impact.

Integrity

Integrity is fundamental to Corbion's operations, guiding its corporate governance and compliance practices. The company adheres to strict ethical guidelines and transparent reporting standards.

According to the 2023 sustainability report, Corbion achieved an 89% score on the Global Reporting Initiative (GRI) index, showcasing its commitment to integrity and accountability in environmental, social, and governance (ESG) criteria.

Collaboration

Collaboration is key to Corbion's success in creating value for its stakeholders. The company engages in various partnerships to leverage expertise and innovation.

In 2023, Corbion collaborated with 10 academic institutions and 5 industry partners on various projects related to sustainable food and bioplastics. This cooperative approach has led to multiple product innovations, including a new line of food preservation solutions that extend shelf life using natural ingredients.

Sustainability

Sustainability underpins Corbion's mission to provide renewable and biobased products. The company aims to minimize its environmental footprint while meeting customer needs.

Corbion set an ambitious target to reduce greenhouse gas emissions by 25% by 2025 compared to 2019 levels. As of 2023, they reported a reduction of 15%, demonstrating measurable progress toward this goal.