Regulatory Environment
Due to the fact that our products
are used to produce food, cosmetics, pharmaceuticals, and household
products, we have to observe globally applicable consumer protection
provisions.
The European Union prohibits the use or restricts the volume of certain harmful ingredients in the production of food, cosmetics, and essential items. This also applies to certain fragrances. The Company must also comply with far-reaching labeling obligations. Aside from the European system, the US regulatory system is authoritative for Symrise products.
Consumer protection provisions are continuously adapted to the progress made in all jurisdictions in terms of research, development, and production technology, as well as increased safety requirements and consumers’ health and environmental awareness. Symrise observes these developments to ensure it can react quickly to stricter consumer protection regulations and thus avoid any negative consequences for production costs and the product portfolio.
The Group has tools and expertise to cope with this crucial problem area.