Finding microbes that make products more eco-friendly.
If enzymes are nature’s secret sauce for managing our world’s resources better, consider Denmark’s Novozymes as the earth’s indispensable laboratory. The biotechnology company isolates and produces enzymes and microorganisms that help industries make their products more eco-friendly, with examples ranging from efficient detergents to enhanced animal feed. Novozymes has helped customers save 60 million tons of CO2 emissions, and improve their water efficiency by 9% and energy efficiency by 15%. The company has also partnered with Monsanto to perform test-trials on how to improve agricultural output, and next year, will start selling corn and soybean seeds coated with microbes that could increase the average yield of crops by 3%.
“We look at sustainability and profits as one conjunction,” said CEO Peder Holk Nielsen, the company’s outspoken leader who believes his company’s mission could help reduce world hunger and carbon emissions, both integral parts of the United Nation’s sustainable development goals. “Our task is to always try to do more with less.”
Peder Holk Nielsen
|Revenues ($M) (Last Fiscal Year)||$2,084|
|Profits ($M) (Last Fiscal Year)||$420|
|Market Value ($M)||$13,107|