DSM on Fortune magazine's 'Change the World' List for third year in a row

By Gary Scattergood

- Last updated on GMT

DSM appeared on the list for the third consecutive year.
DSM appeared on the list for the third consecutive year.
DSM has again made Fortune magazine's Change the World list, an annual recognition of companies that have had a positive social impact through their core business strategy.

This is DSM's third consecutive year on the list

Fortune highlighted Veramaris, DSM's joint venture with Evonik, for its omega-3 fatty acids made from natural marine algae rather than fish oil from wild caught fish.

Developed for animal nutrition applications, Veramaris helps support life below water by reducing impact on ocean resources. Fortune also praised DSM's contributions to The Ocean Cleanup, a non-profit aiming to rid the world's oceans of plastic through advanced technology. 

Fortune's Change the World list is determined by Fortune writers and editors with input from FSG, a non-profit social-impact consulting firm; the Shared Value Initiative, a global platform for organisations seeking business solutions to social challenges; and Professor Michael E. Porter of Harvard Business School.

Companies with annual revenues of $1bn or more are prioritised and evaluated on several factors: measurable social impact, business results, innovation, and corporate innovation.

This month, DSM was further recognised when it was named as the leader in ESG (environmental, social and governance) within the chemical industry by Sustainalytics for the second year in a row — DSM ranked number one out of 135 companies.

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