Company Profiles
Portfolio 21 Holdings
- Abengoa
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- Adobe
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- Air Liquide
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- Unicredito Italiano
- United Natural Foods
- Verbund
- Vestas Wind Systems
- VMware
- Volvo Group
- Westpac Banking Corporation
- Whole Foods Market
- Xerox
Henkel
Germany
Henkel believes "innovation is key to sustainability." As a German manufacturer of detergents and other chemical products, Henkel began differentiating itself based on its ecological position in 1983 when it offered the first phosphate-free detergent on the market. Henkel believes it can generate a competitive advantage through sustainable products. All product divisions have embraced this ecological leadership strategy and offer a wide range of lower impact cleaning and adhesive solutions. Products include bio-based detergents and adhesives, which reduces reliance on fossil fuels, as well as environmental and health related product hazards. Approximately half of Henkel's surfactant products are based on renewable resources. The company strives to develop new product and service solutions that are more environmentally compatible than those offered by others in this industry, but its greatest challenge is educating consumers about the environmental and health benefits of using its ecologically superior products correctly. For example, Henkel develops detergent products that can be used in smaller doses, and at lower or cold temperatures. However, if consumers continue to use large doses and high temperatures out of habit, or lack of information, the environmental benefits of the products are lost. While the company's greatest climate change impact is associated with how its products are used, Portfolio 21 recommends that Henkel also develop a clear strategy to reduce its direct greenhouse gas emissions.
Biotechnology Involvement
Henkel applies industrial biotechnology. Its facilities are constructed and equipped to ensure containment of the genetically modified organisms used in creation of industrial enzymes. Once the enzymes have been separated from the genetically modified material the biomass is sterilized. The enzymes are clearly declared on the packages of Henkel detergents and household cleaners. Visit our Biotechnology Policy for more on this issue.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 1/31/07 and may not reflect current opinions or subsequent events.