Oct 8, 2014 Düsseldorf / Germany
Achieving more together
On October 7th, Henkel CEO Kasper Rorsted opened the World Conference on Fabric and Home Care in Montreux, Switzerland. At the premier international event for the industry, he discussed sustainability and collaboration and made remarks on how industry partners can create value together.
“We need a new spirit of collaboration to create more value in the current business environment.” This was Rorsted’s message when the Henkel CEO addressed his peers. Rorsted last presented at the 2010 conference, where he introduced key sustainability challenges for the industry and explained how Henkel is responding. This year, he focused his remarks on how those challenges have become even more relevant and how industry partners can create value together in a new business reality that is characterized by unsustainable resource consumption, “real time” transparency, increasing regulation and standards as well as consumer unwillingness to compromise.
According to Rorsted, while sustainability is a topic on the business agenda, progress to date has been insufficient. “Economic growth and resource consumption must be decoupled so that in 2050, 9 billion people can live well within the limits of the planet,” the CEO said. “Global economic activity and continued population growth are putting pressure on our planet’s resources. We see the first signs of resource scarcity. We must develop a common vision and shared understanding of goals and priorities for our sector,” he continued.
“Achieving more with less” – this is the basis thought of Henkel’s sustainability strategy. By 2030, Henkel aims to triple the value it creates relative to the environmental footprint of its products and services. In order to implement the necessary actions and drive progress along the entire value chain, the industry needs to develop a common vision and shared understanding of goals and priorities and must collaborate and innovate to execute on this vision.
Top-level executives have been coming to the biannual World Conference on Fabric and Home Care in Montreux, located on Lake Geneva at the foot of the Alps, to discuss global research and perspectives on the technology, products and business trends of the fabric and home care industry since 1977.