Innovation is monitored by measuring the yearly turnover generated by NIPs (New and Improved Products, launched over the last 5 years).
In 2020, NIPs accounted for 23.4 % of the total turnover.
The percentage of R&D expenditure with respect to total turnover grew from 3.6% in 2019 to 4% in 2020.
Intellectual property through patent registrations is strategic to protecting ourselves while remaining open to external contributions.
In 2020 we counts 535 active patents.
Throughout our history, we have paid increasingly greater attention to the ecotoxicological properties of our products in order to reduce the number and the quantity of products hazardous to the environment.
Currently, more than 90% of the products we manufacture are considered to be eco-friendly.
The percentage was substantially steady in the last 3 years and we intend to maintain this trend also in the future.
Our attention to the environment
Products from Natural Origins
In 2019’s Sustainability Report we start calculting the "Natural Based Products" in our Agriculture, GeoSciences and Personal Care Divisions according ISO 16128.
Figures in 2020 show that 38.2% of products (54.7% by volume) in Agriculture, GeoScience and Personal Care Divisions are natural based products.
The results represent improvements over 2019 data of +12.4% in the number of natural based products and +5.8% by volume of these three business divisions.